GlossaryEN1 min readUpdated: Jun 12, 2026

preferential duty drawback

Preferential duty drawback applies specifically to goods imported under a preferential trade agreement, distinguishing it from standard customs drawback.

Last updated: 12 June 2026Published: 27 January 2026

Source: https://en.wikipedia.org/wiki/Duty_drawback

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Preferential duty drawback applies specifically to goods imported under a preferential trade agreement, distinguishing it from standard customs drawback. An exporter who imports raw materials at preferential rates, processes them, and then re-exports the finished product can claim reimbursement of duties paid, based on valid origin evidence. The procedure requires documentation of origin traceability and processing steps, and is offered by many jurisdictions (EU, CPTPP members) to support the competitiveness of downstream manufacturers.

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