South Korea: 2023 Korea's Adjustment and Quota Tariffs Schedule

  |   Attaché Report (GAIN)   |   KS2023-0003

Contact:

Office of Agricultural Affairs, Seoul   |   (011-82-2) 397-4297

Link to report:

South Korea: 2023 Korea's Adjustment and Quota Tariffs Schedule

On December 27, 2023, Korea issued its flexible tariffs (Adjustment and Tariff Rate Quota) list for certain agricultural, forestry and fishery products for calendar year (CY) 2023. Flexible tariffs, which cover tariff rate quotas (TRQs) and adjustment duties, are utilized by the Korean government to stabilize consumer prices and balance supply and demand. Korea’s 2023 tariff adjustments were relatively unchanged from the previous year. However, Korea has expanded TRQ’s for certain agricultural commodities and increased in-quota volumes.

Exporting, Regulations & Requirements
East Asia and the Pacific, South Korea

Database Source:

Related Reports

View More
Attaché Report (GAIN)

European Union: European Union Finalizes New Rules for Packaging and Packaging Waste Reduction: TEST EDIT

In March 2024, the Council of the European Union and European Parliament concluded negotiations on the EU’s Packaging and Packaging Regulation. The current text is going through a legal review but is now de-facto final and is expected to be formally adopted in the coming months. TEST EDIT
Attaché Report (GAIN)

Canada: Canada Implements a Federal Plastics Registry

On April 22, 2024, Canada announced the implementation of a Federal Plastic Registry to monitor the types and volumes of plastic products, including plastic packaging used in agriculture and food manufacturing, through their life cycle on the Canadian market.
Attaché Report (GAIN)

Senegal: Grain and Feed Annual

Governments’ support for inputs and rice production have lifted area harvested and yields, boosting production across much of the region. Marketing year (MY) 2024/25 area harvested for rice in Senegal, Guinea, Burkina Faso, and Mali is projected up 1.7 percent year-over-year.