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Russia Increases Export Tax On Crude Oil, Ethylene And Other Liquefied Gases

2010/11/3 13:58:00 49

Russian Export Tax

  

In November 1st,

Russia

The export tariff of crude oil was raised by 9% from 266.5 US dollars to 290.6 US dollars / ton.

Meanwhile, the oil export tax in eastern Siberia also increased by 20.3% to $98.8 / ton.


  

According to the relevant documents, the export tax on light petroleum products is expected to be raised to $208.1 / ton.

Dark oil

product

Export duty

It may be raised to $112.1 / ton.


In November 1st, the export tax on propane, butane, propylene, butilene, butadiene, ethylene and other liquefied gases was determined to be $116.4 / ton, compared with the export tax of $61.1 / ton in October 1st.


Supplement:


In the first 10 months of this year, Vietnam made more than $60 million in exports of textiles and clothing to Russia, up 25% from the same period last year, the Vietnamese national textile and Garment Group (Vinatex) said.

Exports of textiles and clothing increased by 20% over the same period, to $9 billion, and this year is estimated to reach US $11 billion.


According to Antonina Tsitsulina, chairman of the the Childrens Goods Industry Enterprises Association, Russia's children's goods market has been growing by 15% thanks to the increase in infant birth rate, with a market scale of US $14 billion 500 million.


The Russian children's goods market accounts for about 65% of the total imports.


According to the category of goods, shoes and clothing products account for a large proportion, accounting for about 44% of the total market.

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