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 2010 | Removal date: 01 Jan 2011
Still in force

Import tariff quota

Effective from January 2010, the Republic of Korea has established tariff-rate quotas (TRQ) for various products through Presidential Decree No.21913. 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, 4 new products were added to the list through this measure, while 5 out of 62 products were removed from the previous TRQ list in 2009."
 
This measure is valid from 1 January but the end dates were varied. 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. 22353 (see related measure)
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

014 Oilseeds & oleaginous fruits
1207 Other oil seeds and oleaginous fruits, whether or not broken.
120729 Other
120740 Sesamum seeds
120750 Mustard seeds
120799 Other
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
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
230641 Of low erucic acid rape or colza seeds
230649 Other
230650 Of coconut or copra
230660 Of palm nuts or kernels
230690 Other
342 Basic inorganic chemicals n.e.c.
2849 Carbides, whether or not chemically defined.
284910 Of calcium
284920 Of silicon
284990 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
371 Glass & glass products
7014 Signalling glassware and optical elements of glass (other than those of heading 70.15), not optically worked.
701400 Signalling glassware and optical elements of glass (other than those of heading 70.15), not optically worked.
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
393 Metal wastes or scraps
7112 Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal.
711291 Of gold, including metal clad with gold but excluding sweepings containing other precious metals
711292 Of platinum, including metal clad with platinum but excluding sweepings containing other precious metals
711299 Other
449 Other special-purpose machinery & parts
8475 Machines for assembling electric or electronic lamps, tubes or valves or flashbulbs, in glass envelopes; machines for manufacturing or hot working glass or glassware.
847529 Other
847590 Parts

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