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 2015 | Removal date: open ended
Still in force

Import tariff quota

On 29 May 2015, the Permanent Delegation of Korea to the WTO confirmed that the country had temporarily introduced tariff rate quotas of 1% for 20'000 tonnes of material for manufacturing agricultural chemicals.
In addition, the Republic of Korea also introduced a tariff rate quota of 10% for 253'000 tonnes of dried manioc chips (classified under HS code 071410). In addition, it introduced a tariff quota of 5% for 90'000 tonnes of cane or beat sugar (HS code 1701).
The tariff rate quotas were effective starting 1 January 2015 and their duration was left unspecified.
According to the WTO Tariff Download Facility, the average ad valorem duties (same values for years 2013-15) were 747% on goods classified under HS code 071410 and 13.8% for cane or beat sugar; whereas the average tariff was 6.5% for products classified as 3101.
Due to the unavailability of trade volumes for 2014, the list of affected trading partners is based on values from 2013.
 
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

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)
235 Sugar & molasses
1701 Cane or beet sugar and chemically pure sucrose, in solid form.
170114 Other cane sugar
170191 Containing added flavouring or colouring matter
170199 Other
346 Fertilizers & pesticides
3101 Animal or vegetable fertilisers, whether or not mixed together or chemically treated; fertilisers produced by the mixing or chemical treatment of animal or vegetable products.
310100 Animal or vegetable fertilisers, whether or not mixed together or chemically treated; fertilisers produced by the mixing or chemical treatment of animal or vegetable products.

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