A subsidy to exports; that is, a payment to exporters of a good per unit of the good exported. Sometimes applied to any payments to producers that lead to an increase in exports.
Any form of government payment or other benefit provided to domestic producers of goods destined for sale in foreign markets. Examples include preferential government financing, income tax holidays, and rebates of direct taxes on exported products. Reflecting the belief among the founders of GA TT that export subsidies can distort normal trading patterns, GATI' Article 16 proscribes export subsidies on non-primary products that result in lower prices in foreign markets than prices charged for the "like product" in the domestic market. The Tokyo Round yielded an agreement that extended Article 16 by banning all export subsidies by industrial countries on manufactured and semi-manufactured goods (see Subsidies Code). See also domestic subsidy and countervailing duty.
a clear case of giving the foreigner something for nothing, by selling him goods for less than it costs us to make them
a payments made directly to domestic producers to encourage exports of production to the foreign sector
a payment to a domestic producer who exports a good abroad
a payment to a firm or individual that ships a good abroad
a payment to a producer when their goods are exported to another nation, just as you would expect from the name
Context is: trade term. A subsidy such as those described in the Illustrative List of Export Subsidies of the WTO Agreement on Subsidies and Countervailing Measures. For purposes of U.S. countervailing duty law, an export subsidy is considered countervailable when the eligibility for, or the amount of benefits under, a program is tied to the actual or anticipated exportation of merchandise or export earnings. See also Agreement on Subsidies and Countervailing Measures; Bounties; Codes of Conduct; Countervailing Duties; Domestic Subsidy; Illustrative List; Subsidy; Sunset Review; Tokyo Round; Trade Agreements Act of 1979; U.S. International Trade Commission; Uruguay Round; Uruguay Round Agreements Act; World Trade Organization.
Government payment to induce or support exportation by domestic producers.
Export subsidy is a government policy to encourage export of goods and discourage sale of goods on the domestic market through low-cost loans or tax relief for exporters, or government financed international advertising or R&D. The WTO prohibits most subsidies directly linked to the volume of exports.