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    Tuesday 07/12/2021
    Fondo Español de Garantía Agraria O.A.
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    Fondo Español de Garantía Agraria O.A.
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Export refunds

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What are refunds?

Export refunds are subsidies granted by the European Union as part of the Common Agricultural Policy (CAP) financed by the European Agricultural Guarantee Fund (EAGF) for the export of certain agricultural and agri-food products, with a view to enhancing their presence in global markets under competitive conditions.

The value of the refund covers the difference between the price of a product on the EU market and the price of the same product on the world market.

The system of export refunds applicable to the different products that may be subject to these refunds is addressed in the corresponding EU regulations; the specific provisions of these systems are established in Regulation (EU) No 1308/2013 of the European Parliament and of the Council of 17 December 2013 establishing a common organisation of the markets in agricultural products and repealing Council Regulations (EEC) No 922/72, (EEC) No 234/79, (EC) No 1037/2001 and (EC) No 1234/2007 (Single CMO Regulation).

*At present, refunds have a set unit value of zero. Therefore, these subsidies for exports of eligible agricultural products cannot be applied for.

Modification date: 15/01/2021

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