IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Apr 2016 | Removal date: 01 Jul 2016
Still in force

Export quota

 On 1 April 2016, the Chinese government introduced new oil export quotas for the second quarter of 2016. The quota was reduced compared to the first quarter from 21 million tonnes to 14 million tonnes.
Nevertheless, this measure is classified as trade-liberalising, since the comparable quota for the second quarter of 2015 was actually lower - 5.6 million tonnes.
The list of affected trading partners is based on 2014 trade figures.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

120 Crude petroleum & natural gas
2709 Petroleum oils and oils obtained from bituminous minerals, crude.
270900 Petroleum oils and oils obtained from bituminous minerals, crude.
333 Petroleum oils & oils of bituminous materials, other than crude
2710 Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic con
271012 Light oils and preparations
271019 Other

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