Announcement
31 Dec 2024
In December 2024, the South Korean Government published its annual list of adjusted tariffs and tariff rate quotas for the year 2025. Compared to the previous year, the tariff rates and tariff rate quotas for several products changed.
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Number of interventions
6
3 certainly harmful
0 likely harmful
3 liberalising
List of interventions
5 in force
Implementation date
01 Oct 2025
Revocation date:
31 Dec 2025
Import tariff
On 31 December 2024, the Korean Government issued Presidential Decree No. 35124, increasing the discounts applicable to imports of natural gas for the period between 1 October 2025 and 31 December 202...
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Implementation date
01 Apr 2025
Revocation date:
30 Sep 2025
Import tariff
In force
On 31 December 2024, the Korean Government issued Presidential Decree No. 35124, reducing the discounts applicable to imports of natural gas for the period between 1 April 2025 and 30 September 2025. ...
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Implementation date
01 Jan 2025
Revocation date:
31 Dec 2025
Import tariff quota
In force
On 31 December 2024, the Korean Government issued Presidential Decree No. 35124, introducing new and increasing previous import tariff-rate quotas for several products for 2025. In particular, the Dec...
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Import tariff
In force
On 31 December 2024, the Korean Government issued Presidential Decree No. 35124, increasing the discounts applicable to imports of several products for 2025. In particular, the Decree establishes new ...
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Implementation date
01 Jan 2025
Revocation date:
31 Dec 2025
Import tariff quota
In force
On 31 December 2024, the Korean Government issued Presidential Decree No. 35124, reducing import tariff-rate quota volumes for several products for 2025. In particular, the Decree reduces the quota vo...
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Import tariff
In force
On 31 December 2024, the Korean Government issued Presidential Decree No. 35124, reducing the discounts applicable to imports of one product for 2025. In particular, the Decree increases the tariff ra...
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Related State Acts
30 Dec 2022
Republic of Korea: Goods subject to import quota tariffs and adjusted tariffs in 2023
26 Dec 2023
Republic of Korea: Goods subject to import quota tariffs and adjusted tariffs in 2024
18 Jan 2024
Republic of Korea: Introduction of temporary tariff concessions and import tariff-rate quotas (January 2024)
09 May 2024
Republic of Korea: Introduction of temporary tariff concessions and import tariff-rate quotas (May 2024)
28 Jun 2024
Republic of Korea: Introduction of temporary tariff concessions and import tariff-rate quotas (June 2024)
28 Oct 2024
Republic of Korea: Introduction of temporary import tariff-rate quota for carrots (October 2024)
23 Jan 2025
Republic of Korea: Introduction of temporary import tariff-rate quotas (January 2025)
23 Jan 2025
Republic of Korea: Introduction of temporary import tariff-rate quotas (January 2025)
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