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 2012 | Removal date: 31 Dec 2012
Still in force

Import tariff quota

Effective from 1 January 2012, the Republic of Korea introduced tariff-rate quotas (TRQ) for various products through Presidential Decree No.23391. According to the Ministry of Strategy and Finance (MOSF), the purpose of this intervention is to stabilize domestic market prices.
 
The ministry said that 'Reflecting the current market supply and price, 9 new products were added to the list for this year, while 20 out of 112 items from the previous TRQ list were removed. Therefore, a total of 103 items are affected by the new TRQ list in 2012."
 
This measure is valid from 1 January to the end of 2012, while some products were only valid until 31 March or 30 June 2012. For the exact HS codes, tariffs, quotas, and durations, we refer to Appendix 1 and 2 () of this document. 
 
This measure was amended by the Presidential Decree No. 23673 (see related measure)

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

011 Cereals
1004 Oats.
100490 Other
016 Stimulant, spice & aromatic crops
0901 Coffee, whether or not roasted or decaffeinated; coffee husks and skins; coffee substitutes containing coffee in any proportion.
090111 Not decaffeinated
1801 Cocoa beans, whole or broken, raw or roasted.
180100 Cocoa beans, whole or broken, raw or roasted.
019 Forage; natural rubber; living plants; raw vegetable materials
1213 Cereal straw and husks, unprepared, whether or not chopped, ground, pressed or in the form of pellets.
121300 Cereal straw and husks, unprepared, whether or not chopped, ground, pressed or in the form of pellets.
021 Live animals
0105 Live poultry, that is to say, fowls of the species Gallus domesticus, ducks, geese, turkeys and guinea fowls.
010511 Fowls of the species Gallus domesticus
010513 Ducks
163 Precious & semi-precious stones; natural abrasives; other minerals
2519 Natural magnesium carbonate (magnesite); fused magnesia; deadburned (sintered) magnesia, whether or not containing small quantities of other oxides added before sintering; other magnesium oxide, whether or not pure.
251990 Other
211 Meat & meat products
0207 Meat and edible offal, of the poultry of heading 01.05, fresh, chilled or frozen.
020714 Cuts and offal, frozen
020727 Cuts and offal, frozen
219 Oil-cake; flours & meals of oil seeds; vegetable waxes; etc.
2306 Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils, other than those of heading 23.04 or 23.05.
230610 Of cotton seeds
230649 Other
230650 Of coconut or copra
230660 Of palm nuts or kernels
230690 Other
231 Grain mill products
1101 Wheat or meslin flour.
110100 Wheat or meslin flour.
1106 Flour, meal and powder of the dried leguminous vegetables of heading 07.13, of sago or of roots or tubers of heading 07.14 or of the products of Chapter 8.
110620 Of sago or of roots or tubers of heading 07.14
110630 Of the products of Chapter 8
232 Starches & starch products; sugars & sugar syrups n.e.c.
3505 Dextrins and other modified starches (for example, pregelatinised or esterified starches); glues based on starches, or on dextrins or other modified starches.
350510 Dextrins and other modified starches
235 Sugar & molasses
1703 Molasses resulting from the extraction or refining of sugar.
170310 Cane molasses
239 Food products n.e.c.
0901 Coffee, whether or not roasted or decaffeinated; coffee husks and skins; coffee substitutes containing coffee in any proportion.
090112 Decaffeinated
090121 Not decaffeinated
090122 Decaffeinated
291 Tanned or dressed leather; composition leather
4105 Tanned or crust skins of sheep or lambs, without wool on, whether or not split, but not further prepared.
410510 In the wet state (including wetblue)
314 Boards & panels
4411 Fibreboard of wood or other ligneous materials, whether or not bonded with resins or other organic substances.
441113 Of a thickness exceeding 5 mm but not exceeding 9 mm
441114 Of a thickness exceeding 9 mm
441192 Of a density exceeding 0.8 g/cm³
441193 Of a density exceeding 0.5 g/cm³ but not exceeding 0.8 g/cm³
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
271020 Petroleum oils and oils obtained from bituminous minerals (other than crude) and 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 bas
341 Basic organic chemicals
3823 Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols.
382311 Stearic acid
382312 Oleic acid
382313 Tall oil fatty acids
382319 Other
382370 Industrial fatty alcohols
353 Soap, cleaning preparations, perfumes & toilet preparations
3401 Soap; organic surfaceactive products and preparations for use as soap, in the form of bars, cakes, moulded pieces or shapes, whether or not containing soap; organic surfaceactive products and preparations for washing the skin, in the form of liquid or c
340111 For toilet use (including medicated products)
340119 Other
340120 Soap in other forms
340130 Organic surfaceactive products and preparations for washing the skin, in the form of liquid or cream and put up for retail sale, whether or not containing soap
354 Chemical products n.e.c.
3302 Mixtures of odoriferous substances and mixtures (including alcoholic solutions) with a basis of one or more of these substances, of a kind used as raw materials in industry; other preparations based on odoriferous substances, of a kind used for the manufa
330210 Of a kind used in the food or drink industries
330290 Other
361 Rubber tyres & tubes
4011 New pneumatic tyres, of rubber.
401110 Of a kind used on motor cars (including station wagons and racing cars)
401120 Of a kind used on buses or lorries
401130 Of a kind used on aircraft
401150 Of a kind used on bicycles
401162 Of a kind used on construction or industrial handling vehicles and machines and having a rim size not exceeding 61 cm
401163 Of a kind used on construction or industrial handling vehicles and machines and having a rim size exceeding 61 cm
401192 Of a kind used on agricultural or forestry vehicles and machines
401193 Of a kind used on construction or industrial handling vehicles and machines and having a rim size not exceeding 61 cm
401194 Of a kind used on construction or industrial handling vehicles and machines and having a rim size exceeding 61 cm
401199 Other
379 Other non-metallic mineral products n.e.c.
3801 Artificial graphite; colloidal or semicolloidal graphite; preparations based on graphite or other carbon in the form of pastes, blocks, plates or other semimanufactures.
380110 Artificial graphite
380130 Carbonaceous pastes for electrodes and similar pastes for furnace linings
380190 Other
389 Other manufactured articles n.e.c.
8715 Baby carriages and parts thereof.
871500 Baby carriages and parts thereof.
391 Wastes from food & tobacco industry
2302 Bran, sharps and other residues, whether or not in the form of pellets, derived from the sifting, milling or other working of cereals or of leguminous plants.
230230 Of wheat
393 Metal wastes or scraps
2620 Slag, ash and residues (other than from the manufacture of iron or steel) containing metals, arsenic or their compounds.
262011 Hard zinc spelter
262019 Other
262029 Other
262030 Containing mainly copper
262099 Other
399 Other wastes & scraps
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
271099 Other
416 Other non-ferrous metals, cerments & articles thereos
8111 Manganese and articles thereof, including waste and scrap.
811100 Manganese and articles thereof, including waste and scrap.
429 Other fabricated metal products
7326 Other articles of iron or steel.
732611 Grinding balls and similar articles for mills
732619 Other
732620 Articles of iron or steel wire
732690 Other

Please report this page in case you detect an inaccuracy in its content.