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EXPORT SUBSIDIES

Statistics Directorate    
French Equivalent: Subventions à l’exportation

Definition:
Export subsidies consist of all subsidies on goods and services that become payable to resident producers when the goods leave the economic territory or when the services are delivered to non-resident units; they include direct subsidies on exports, losses of government trading enterprises in respect of trade with non- residents, and subsidies resulting from multiple exchange rates.

Context:
Export subsidies are subsidies given to traders to cover the difference between internal market prices and world market prices, such as through the EU export refunds and the US Export Enhancement Program.

Export subsidies are now subject to value and volume restrictions under the Uruguay Round Agreement on Agriculture. (Agricultural Policies in OECD Countries: Monitoring and Evaluation 2000: Glossary of Agricultural Policy Terms, OECD).

Source Publication:
SNA 7.76.

Hyperlink:
http://esa.un.org/unsd/sna1993/introduction.asp

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Wednesday, March 05, 2003