Global Trade Alert
Global Trade Alert

Republic of Korea: Goods subject to import quota tariffs and adjusted tariffs in 2022

Announcement

31 Dec 2021

On 31 December 2021, the Korean Government published its annual list of adjusted tariffs and tariff rate quotas for the year 2022. Compared to the previous year, the tariff rates and tariff rate quotas for several products changed.

Source

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Number of interventions

6

2 certainly harmful

0 likely harmful

4 liberalising

List of interventions

0 in force

Implementation date

01 Oct 2022

Revocation date:

No revocation date

Import tariff

On 31 December 2021, the Korean Government issued Presidential Decree No. 32284, reducing the tariff rate for the period 1 October 2022 until 31 December 2022 for the following product: For natural g...

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Implementation date

01 Jan 2022

Revocation date:

No revocation date

Import tariff quota

On 31 December 2021, the Korean Government issued Presidential Decree No. 32284, eliminating or reducing import tariff-rate quotas for several products for 2022. In particular, the Decree eliminates e...

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Import tariff

On 31 December 2021, the Korean Government issued Presidential Decree No. 32284, reducing the discounts applicable to imports of 10 products for 2022. In particular, the Decree increases the tariff ra...

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Implementation date

01 Jan 2022

Revocation date:

No revocation date

Import tariff quota

On 31 December 2021, the Korean Government issued Presidential Decree No. 32284, introducing new and increasing previous import tariff-rate quotas for several products for 2022. In particular, the Dec...

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Import tariff quota

On 31 December 2021, the Korean Government issued Presidential Decree No. 32284, introducing new and increasing previous import tariff-rate quotas for several products for 2022. In particular, the Dec...

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Import tariff

On 31 December 2021, the Korean Government issued Presidential Decree No. 32284, increasing the discounts applicable to imports of 9 products for 2022. In particular, the Decree establishes new import...

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