What is export price?

09/05/2024 04:00 - 179 Views

"Export price" refers to (1) the ex-factory price at the point of sale for export; or (2) the price assessed at the free-on-board (F.O.B.) level (at the point of shipment) of the allegedly dumped product.

In cases where (1) or (2) cannot be used, the export price may be constructed based on such reasonable bases as the Secretary of Trade and Industry/Agriculture or the Commission may determine.

The export price of an imported product is the price at which such product has been purchased or agreed to be purchased, at "arm’s length transaction," by the person by whom or for whose account the product is imported, excluding any post exportation charges such as ocean freight and overseas insurance.