USDA-FAS GAIN Report KS 2021-0018 dated July 7th confirmed extension of the tariff rate quota for eggs and egg products.

On June 22nd the Government of South Korea announced an extension of the tariff rate quota for eggs and egg products to cover an additional 36,000 metric tons.  In January 2021, the Government removed import tariffs on 50,000 tons of eggs and egg products through the end of June.  This action was taken to address supplier shortages and high prices following depletion of flocks infected with highly pathogenic avian influenza. 

The extention of the  tariff rate quota will commence on the July 1st and will end on December 31st 2021. No duty will be applied on fresh shell eggs, dried and frozen yolk and egg-white and egg-white powder.  The tariff rate quota will be distributed across 18,000 metric tons of fresh shell eggs and the remaining half among egg products with frozen whole egg at 7,200 metric tons, the largest component, followed by 3,000 metric tons of frozen egg white and 2,600 metric tons of frozen yolk.