Global Trade Alert
Global Trade Alert

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

Announcement

25 Sep 2024

In September 2024, the government of the Russian Federation announced export duties under the flexible export tax system applicable in October 2024. The export duties on most goods will be increased from 4.5% to 5.5%, while the export tax on fertilisers will remain at 10%, the rate applied since October 2023.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Oct 2024

Revocation date:

31 Oct 2024

Updated: 25 Sep 2024
Export tax

On 25 September 2024, the government of Russia increased export taxes on goods subject to the "flexible export duty" system from 4.5% to 5.5%. The regime covers over 2'900 tariff lines at a 6-digit...

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