IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

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 Jan 2009 | Removal date: 01 Jan 2010
Still in force

Import tariff

Effective from 1 January 2009, the Republic of Korea updated Adjusted Tariffs (AT) on 11 productsthrough Presidential Decree No. 21197.
 
According to the Ministry of Strategy and Finance, 'AT measure is to raise the tariff rates of the relevant goods from 100/100 to the basic tariff rate. Beside, the purpose of this intervention is to counter a surge in the import of goods, whose domestic competitiveness is weak, which is feared to disrupt the domestic market or collapse the domestic industrial foundation'.
 
The ministry said that 'Reflecting the current market situation, 11 items from previous AT measure in 2008 remained same. However, the tariff rates of 5 items among them were lowered 1 to 4 percents from last ones." 
 
This measure is valid from 1 January to 31 December 2009. For the exact HS codes, tariffs, quotas, and durations, we refer to Appendix() of this document.
 
This measure was amended by the Presidential Decree No. 21912 (see related measure) 
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

042 Fish live, fresh or chilled for human consumption
0301 Live fish.
030192 Eels (Anguilla spp.)
030193 Carp (Cyprinus carpio, Carassius carassius, Ctenopharyngodon idellus, Hypophthalmichthys spp., Cirrhinus spp., Mylopharyngodon piceus)
030199 Other
043 Crustaceans, live, fresh or chilled
0306 Crustaceans, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked crustaceans, whether in shell or not, whether or not cooked before or during the smoking process; crustaceans, in shell, cooked by steaming or by boiling
030622 Lobsters (Homarus spp.)
030624 Crabs
030626 Coldwater shrimps and prawns (Pandalus spp., Crangon crangon)
030627 Other shrimps and prawns
212 Prepared & preserved fish, crustaceans, molluscs
0306 Crustaceans, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked crustaceans, whether in shell or not, whether or not cooked before or during the smoking process; crustaceans, in shell, cooked by steaming or by boiling
030612 Lobsters (Homarus spp.)
030614 Crabs
030616 Coldwater shrimps and prawns (Pandalus spp., Crangon crangon)
030617 Other shrimps and prawns
237 Macaroni, noodles, couscous & similar farinaceous products
1902 Pasta, whether or not cooked or stuffed (with meat or other substances) or otherwise prepared, such as spaghetti, macaroni, noodles, lasagne, gnocchi, ravioli, cannelloni; couscous, whether or not prepared.
190211 Containing eggs
190219 Other
190220 Stuffed pasta, whether or not cooked or otherwise prepared
190230 Other pasta
314 Boards & panels
4412 Plywood, veneered panels and similar laminated wood.
441210 Of bamboo
441231 With at least one outer ply of tropical wood specified in Subheading Note 2 to this Chapter
441232 Other, with at least one outer ply of nonconiferous wood
441239 Other
441294 Blockboard, laminboard and battenboard
441299 Other
442 Machine-tools & parts
8479 Machines and mechanical appliances having individual functions, not specified or included elsewhere in this Chapter.
847930 Presses for the manufacture of particle board or fibre building board of wood or other ligneous materials and other machinery for treating wood or cork
444 Machinery for mining, quarrying & construction; parts
8479 Machines and mechanical appliances having individual functions, not specified or included elsewhere in this Chapter.
847910 Machinery for public works, building or the like
449 Other special-purpose machinery & parts
8479 Machines and mechanical appliances having individual functions, not specified or included elsewhere in this Chapter.
847940 Rope or cablemaking machines
847950 Industrial robots, not elsewhere specified or included
847971 Of a kind used in airports
847979 Other
847981 For treating metal, including electric wire coilwinders
847982 Mixing, kneading, crushing, grinding, screening, sifting, homogenising, emulsifying or stirring machines
847989 Other
847990 Parts

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