Definition

1. Noun:
   • A tax levied on goods leaving a country: "export duty" is a specific charge or tariff imposed by a government on products being sent out of a country for sale or use abroad.

Usage

• As a subject or object in a sentence: The term is used to discuss trade policy, government revenue, and the cost of international commerce.
• Common contexts: It appears in discussions about economics, international trade agreements, business logistics, and customs regulations.

Examples

• Noun:
  • The government increased the export duty on raw timber to encourage local processing.
  • Companies must calculate the export duty into their final cost when pricing goods for foreign markets.
  • A high export duty can make a country's products less competitive internationally.

Advanced Usage

• "to be subject to an export duty": to have a tax applied to items being exported.

  • Certain strategic minerals are subject to an export duty.

• "the imposition of an export duty": the act of applying this tax.

  • The imposition of an export duty on agricultural products was controversial.

Variants and Related Words

• Duty (n): a tax levied on goods, especially imports and exports.
• Tariff (n): a tax or duty to be paid on a particular class of imports or exports.
• Customs duty (n): a tariff or tax imposed on goods when transported across international borders.

Synonyms

• Export tax
• Export tariff
• Export levy

Related Phrases

• To pay export duty: the action of fulfilling the tax obligation.

  • The exporter must pay the export duty before the goods clear customs.

• Rate of export duty: the percentage or fixed amount at which the tax is charged.

  • The rate of export duty varies depending on the product category.

Noun

1. a duty imposed on exports