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 Jul 2013 | Removal date: 30 Dec 2013
Still in force

Import tariff quota

Effective from 1 July 2013, the Republic of Korea introduced tariff-rate quotas (TRQ) for various products through Presidential Decree No. 24639. 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, the duration of the TRQs for 11 items from the previous measure (see related measure), which were valid until 30 June, extended to the end of 2013. Besides, additional tariff cut was introduced for 4 items, while size of the TRQ for root crops (for forage) increased from 600,000to 800,000 tons.'
 
This measure is valid from 1 July to 31 December 2013. For the exact HS codes, tariffs, quotas, and durations, we refer to Appendix 3 () of this document.
 
This measure was amended by the Presidential Decree No. 25053 (see related measure).

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

011 Cereals
1001 Wheat and meslin.
100199 Other
1003 Barley.
100390 Other
1005 Maize (corn).
100590 Other
1007 Grain sorghum.
100790 Other
015 Edible roots & tubers with high starch or inulin content
0714 Manioc, arrowroot, salep, Jerusalem artichokes, sweet potatoes and similar roots and tubers with high starch or inulin content, fresh, chilled, frozen or dried, whether or not sliced or in the form of pellets; sago pith.
071410 Manioc (cassava)
071490 Other
019 Forage; natural rubber; living plants; raw vegetable materials
1214 Swedes, mangolds, fodder roots, hay, lucerne (alfalfa), clover, sainfoin, forage kale, lupines, vetches and similar forage products, whether or not in the form of pellets.
121490 Other
041 Fish, live, not for human consumption
0301 Live fish.
030111 Freshwater
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
233 Preparations used in animal feeding; lucerne meal & pellets
1214 Swedes, mangolds, fodder roots, hay, lucerne (alfalfa), clover, sainfoin, forage kale, lupines, vetches and similar forage products, whether or not in the form of pellets.
121410 Lucerne (alfalfa) meal and pellets
2309 Preparations of a kind used in animal feeding.
230910 Dog or cat food, put up for retail sale
230990 Other
235 Sugar & molasses
1701 Cane or beet sugar and chemically pure sucrose, in solid form.
170114 Other cane sugar
170199 Other
241 Ethyl alcohol; spirits, liqueurs & spirits
2207 Undenatured ethyl alcohol of an alcoholic strength by volume of 80 % vol. or higher; ethyl alcohol and other spirits, denatured, of any strength.
220710 Undenatured ethyl alcohol of an alcoholic strength by volume of 80 % vol. or higher
341 Basic organic chemicals
2207 Undenatured ethyl alcohol of an alcoholic strength by volume of 80 % vol. or higher; ethyl alcohol and other spirits, denatured, of any strength.
220720 Ethyl alcohol and other spirits, denatured, of any strength
3102 Mineral or chemical fertilisers, nitrogenous.
310250 Sodium nitrate
342 Basic inorganic chemicals n.e.c.
2836 Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate.
283620 Disodium carbonate
283630 Sodium hydrogencarbonate (sodium bicarbonate)
283650 Calcium carbonate
283660 Barium carbonate
283691 Lithium carbonates
283692 Strontium carbonate
283699 Other
345 Miscellaneous basic chemical products
1518 Animal or vegetable fats and oils and their fractions, boiled, oxidised, dehydrated, sulphurised, blown, polymerised by heat in vacuum or in inert gas or otherwise chemically modified, excluding those of heading 15.16; inedible mixtures or preparations of
151800 Animal or vegetable fats and oils and their fractions, boiled, oxidised, dehydrated, sulphurised, blown, polymerised by heat in vacuum or in inert gas or otherwise chemically modified, excluding those of heading 15.16; inedible mixtures or preparations of
346 Fertilizers & pesticides
3102 Mineral or chemical fertilisers, nitrogenous.
310210 Urea, whether or not in aqueous solution
310260 Double salts and mixtures of calcium nitrate and ammonium nitrate
391 Wastes from food & tobacco industry
2303 Residues of starch manufacture and similar residues, beetpulp, bagasse and other waste of sugar manufacture, brewing or distilling dregs and waste, whether or not in the form of pellets.
230310 Residues of starch manufacture and similar residues
230320 Beetpulp, bagasse and other waste of sugar manufacture
230330 Brewing or distilling dregs and waste
2308 Vegetable materials and vegetable waste, vegetable residues and byproducts, whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or included.
230800 Vegetable materials and vegetable waste, vegetable residues and byproducts, whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or included.
411 Basic iron & steel
7202 Ferroalloys.
720211 Containing by weight more than 2 % of carbon
720219 Other
720221 Containing by weight more than 55 % of silicon
720229 Other
720230 Ferrosilicomanganese
720241 Containing by weight more than 4 % of carbon
720249 Other
720250 Ferrosilicochromium
720260 Ferronickel
720270 Ferromolybdenum
720280 Ferrotungsten and ferrosilicotungsten
720291 Ferrotitanium and ferrosilicotitanium
720292 Ferrovanadium
720293 Ferroniobium
720299 Other

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