Egypt: Egypt Imposes Export Tax on Sugar Exports but Lifts Tariffs on Raw Sugar Imports

  |   Attaché Report (GAIN)

Egypt imposed an EGP 900 ($101.35) per metric ton tax on exported sugar effective May 18 until the end of 2016. According to the Ministry of Industry and Trade, the decision is to protect country’s strategic reserves of sugar. Egypt also removed the 20 percent tariff on raw sugar imports, also effective from May 20 until the end of 2016. Egypt produces close to 2.2 MMT of refined white sugar and imports around 830,000 MT of raw sugar to meet the country’s yearly consumption of 3 MMT. 

Egypt: Egypt Imposes Export Tax on Sugar Exports but Lifts Tariffs on Raw Sugar Imports

 

Exporting, Regulations & Requirements
Egypt, Near East
Sugar

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