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Argentina: new export tax rates for pork and soybeans

Argentine pork producers will benefit from a lower export tax rate on pork, while soybean growers will pay more.

Source: MAGYP Argentina

On March 4, the Government of Argentina announced adjustments to its export tax regime according to Decree 230/2020. Tax on exported pork dropped from 9% to 5%. Soybeans and soybean product tax increased from 30% to 33%. Wheat, corn, and sorghum export taxes were not changed, and remain at 12%. Tax on other agricultural commodities was reduced or remained the same as the current export rate.

March 10, 2020/ 333 Staff with information from USDA and MAGYP

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