Regulations
Import Quota Allocation
Also known as: Quota allocation, Import contingent
The maximum volume or value of a product that can be imported during an established period, administered by the Ministry of Economy as a non-tariff regulation.
Also known as: Quota allocation, Import contingent
The maximum volume or value of a product that can be imported during an established period, administered by the Ministry of Economy as a non-tariff regulation.
An import quota allocation is the maximum volume or value of a product the Ministry of Economy permits importing during a set period. Quotas are assigned through public tender, direct allocation, or first-come-first-served. They apply to sensitive products such as agricultural goods, textiles, steel, and iron products. Applications are filed with the Ministry of Economy and require demonstrating the applicant is a registered importer with operational and financial capacity.
Import Quota
The maximum quantity of a product that can be imported at a preferential tariff rate during a specific period; beyond this, the MFN rate applies.
TariffsTariff-Rate Quota (TRQ)
A quota or determined volume of goods that can be imported at a reduced preferential tariff; once the quota is exhausted, additional imports pay the higher general tariff.
TariffsTariff-Rate Quota
A maximum quantity of merchandise that can be imported or exported at a reduced or zero tariff during a given period, with the general tariff applying to quantities exceeding the quota.
RegulationsQuantitative Restriction
A regulatory measure limiting the quantity or value of goods that can be imported or exported, established through quotas, contingents, or absolute prohibitions.