Export Duties

Export duties are taxes imposed by a government on goods leaving the country. These taxes are used to regulate international trade, protect domestic industries, or generate revenue. When a company exports products, it may have to pay this fee before shipping the goods abroad. The amount can vary based on the type of product or the destination country. Export duties help governments control the flow of goods, ensure resource management, and influence trade balances. They are an important part of international trade policies and can impact the cost and competitiveness of exported goods.