On September 3, 2018, the government of Argentina published Decree 793/2018, establishing an export duty on goods in the Mercosur Common Nomenclature (NCM).

According to the decree, it was necessary to establish export duties on goods exported out of Argentina due to the international environment, the need to consolidate the fiscal country policies, and the recent currency exchange alterations with its effect on internal prices in Argentina.

This new measure establishes a 12% export duty, which is applicable on all goods covered in the NCM out of the country and is in addition to any duty already established for some goods.

The enforcement date started on the day of publication of the decree and will last until December 2020.

Decree 793/2018 may be found here:

https://www.argentina.gob.ar/normativa/decreto-793-2018-314042/texto