Global Trade Alert
Global Trade Alert

Russia: Government announces export duties under the flexible export tax system (December 2023)

Announcement

27 Nov 2023

In November 2023, the government of Russia announced new export duties on a range of products for December 2023 under the flexible export duties system. The export duties on most goods will be reduced from 7% to 5.5%, while the export tax on fertilisers will remain unchanged. 

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Dec 2023

Revocation date:

31 Jan 2024

Updated: 27 Nov 2023
Export tax
On 27 November 2023, the government of Russia decreased export taxes on goods subject to the "flexible export duty" system from 7% to 5.5%. The decrease concerns the export duty rates for December 202...
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