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Global Trade Alert

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Russia: Government announces export duties under the flexible export tax system (November 2024)

Description

On 25 October 2024, the government of Russia increased export taxes on goods subject to the "flexible export duty" system from 5.5% to 7%. The regime covers over 2'900 tariff lines at a 6-digit level....

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Intervention Details

Intervention Type

Export tax

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Nov 2024

Revocation date

31 Dec 2024

Implementation level

National

Affected flow

Outward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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