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: 28 Jan 2011 | Removal date: 28 Dec 2011
Still in force

Import tariff quota

Effective from 28 January 2011, the Republic of Korea updated tariff-rate quotas (TRQs) for various products through Presidential Decree No.22642. 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, 8 new products were added to the list through this measure. For seven of them, the tariff was removed within various quotas, while the tariff for condensed orange juice (HS 2009; 2009.1; 2009.11) was cut from 50 to 35%."
 
This measure is valid from 28 January to 31 June 2011. 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. 22690 (see related measure)

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

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
211 Meat & meat products
0203 Meat of swine, fresh, chilled or frozen.
020319 Other
020329 Other
212 Prepared & preserved fish, crustaceans, molluscs
0303 Fish, frozen, excluding fish fillets and other fish meat of heading 03.04.
030312 Other Pacific salmon (Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus)
030313 Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho)
030314 Trout (Salmo trutta, Oncorhynchus mykiss, Oncorhynchus clarki, Oncorhynchus aguabonita, Oncorhynchus gilae, Oncorhynchus apache and Oncorhynchus chrysogaster)
030323 Tilapias (Oreochromis spp.)
030331 Halibut (Reinhardtius hippoglossoides, Hippoglossus hippoglossus, Hippoglossus stenolepis)
030332 Plaice (Pleuronectes platessa)
030339 Other
030342 Yellowfin tunas (Thunnus albacares)
030344 Bigeye tunas (Thunnus obesus)
030345 Atlantic and Pacific bluefin tunas (Thunnus thynnus, Thunnus orientalis)
030351 Herrings (Clupea harengus, Clupea pallasii)
030353 Sardines (Sardina pilchardus, Sardinops spp.), sardinella (Sardinella spp.), brisling or sprats (Sprattus sprattus)
030354 Mackerel (Scomber scombrus, Scomber australasicus, Scomber japonicus)
030355 Jack and horse mackerel (Trachurus spp.)
030357 Swordfish (Xiphias gladius)
030363 Cod (Gadus morhua, Gadus ogac, Gadus macrocephalus)
030367 Alaska Pollack (Theragra chalcogramma)
030368 Blue whitings (Micromesistius poutassou, Micromesistius australis)
030382 Rays and skates (Rajidae)
030383 Toothfish (Dissostichus spp.)
030389 Other
030390 Livers and roes
0304 Fish fillets and other fish meat (whether or not minced), fresh, chilled or frozen.
030441 Pacific salmon (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus), Atlantic salmon (Salmo salar) and Danube salmon (Huchohucho)
030461 Tilapias (Oreochromis spp.)
030462 Catfish (Pangasius spp., Silurus spp., Clarias spp., Ictalurus spp.)
030471 Cod (Gadus morhua, Gadus ogac, Gadus macrocephalus)
030472 Haddock (Melanogrammus aeglefinus)
030475 Alaska Pollack (Theragra chalcogramma)
030481 Pacific salmon (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus), Atlantic salmon (Salmo salar) and Danube salmon (Huchohucho)
030487 Tunas (of the genus Thunnus), skipjack or stripebellied bonito (Euthynnus (Katsuwonus) pelamis)
030489 Other
030493 Tilapias (Oreochromis spp.), catfish (Pangasius spp., Silurus spp., Clarias spp., Ictalurus spp.), carp (Cyprinus carpio, Carassius carassius, Ctenopharyngodon idellus, Hypophthalmichthys spp., Cirrhinus spp., Mylopharyngodon piceus), eels (Anguilla sp
030494 Alaska Pollack (Theragra chalcogramma)
030495 Fish of the families Bregmacerotidae, Euclichthyidae, Gadidae, Macrouridae, Melanonidae, Merlucciidae, Moridae and Muraenolepididae, other than Alaska Pollack (Theragra chalcogramma)
030499 Other
214 Prepared & preserved fruits & nuts
2009 Fruit juices (including grape must) and vegetable juices, unfermented and not containing added spirit, whether or not containing added sugar or other sweetening matter.
200911 Frozen
222 Other dairy products
0402 Milk and cream, concentrated or containing added sugar or other sweetening matter.
040210 In powder, granules or other solid forms, of a fat content, by weight, not exceeding 1.5 %
040221 Not containing added sugar or other sweetening matter
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
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

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