Argentina modifies export rebates

10/01/2017,

On 30 December, the Government approved new export rebates for a large number of agricultural products. The modified export rebate levels vary upon the product’s stage in the production chain, with higher rebates for products presenting a greater processing or value-added. In the case of wheat flour, rebates went from 0 percent to 3 percent and to 4 percent if in packaging less than or equal to 2.5 kg. For maize flour, rebates were increased by 0.5 percent, while for rice they went up to 3 percent. Rebates for beef meat passed from 0 percent to 2.5/4 percent depending on the shipping modalities, while for dairy products from 1.2 percent to 4 percent. The measure aims to support rural economies, boost production and promote exports.

Country: Argentina