Export Quota

Export Quota

A limit a country sets on the number of units of a good that may be exported over a period of time. Export quotas are usually instituted in order to maximize the domestic supply, which helps keep prices low within the country. While this may be good for consumers, it is not necessarily beneficial for producers. See also: Export control.
References in periodicals archive ?
First, examine the case where the tariff revenue and export quota revenue are spent by the private sector.
Protective mining of tin resources and export quota system are adopted in China.
Initially, the export quota target was scaled at 15.
Iran intends to increase its crude oil production by 1 million barrels per day within six months after sanctions are lifted and to regain its export quota in the OPEC.
The ECC constituted a committee comprising the Prime Minister's Adviser on Agriculture and Water Resources, secretaries of Commerce and Industries to work out the reasons for non-utilization of earlier approved export quota of 166,000 MT of sugar by the mills.
Avalon Rare Metals (NYSE:AVL) issued an Industry Bulletin yesterday after China's Ministry of Commerce announced on July 14th that the rare earth export quota for the second half of 2011 will be 15,738 tonnes.
in many aspects, such as the terms of reference, export quota allocation and
China, which produces about 97 per cent of the global supply of rare earth minerals, cut its export quotas by 35 per cent for the first half of 2011, compared to a year ago, saying it wanted to preserve ample reserves, but warned against basing its total 2011 export quota on the first half figures.
Independent farmers were encouraged to keep producing sugar to meet Trinidad's export quota for Europe.
One of the four companies PT Eratex Jaya received a quota for 184,000 dozen The Indonesian Textile Association has said it has suspected rampant manipulation of textile export quota for the categories of 347/348.
Several bulk consumers of yarn on Sunday demanded the government introduce a monthly export quota of 15 million kilograms of yarn following a surge in local yarn prices.
Broadly speaking this would consist of a fully EU-supported A quota equal to domestic consumption plus GATT-permitted subsidised exports in addition to an unsupported B export quota which would be free of any subsidy payments.
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