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The Ministry of Commerce announced the import tariff quotas for fertilizers in 2021

2020-12-17View Original

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The Ministry of Commerce announced the import tariff quotas for fertilizers for 2021. On November 2, the Ministry issued Announcement No. 52 of 2020, titled “Total Quantities, Allocation Principles, and Related Procedures for Import Tariff Quotas on Fertilizers for 2021”. The import tariff quotas for fertilizers in 2021 remained the same as those in 2020, as detailed below. The total import tariff quota for fertilizers in 2021 was 13.65 million tons. Of which, urea amounts to 3.3 million tons ; 6.9 million tons of diammonium phosphate ; 3.45 million tons of compound fertilizers. In 2021, the tariff quotas for the state-owned trade of fertilizers were as follows: 2.97 million tons for urea, 3.52 million tons for diammonium phosphate, and 1.76 million tons for compound fertilizers. The state-owned trading enterprises, Sinochem Group Corporation and China Agricultural Means of Production Group Corporation, apply for tariff quotas within the total volume of state-owned trade. In 2021, the quotas for non-state-owned trade in fertilizers were as follows: 330,000 tons for urea, 3.38 million tons for diammonium phosphate, and 1.69 million tons for compound fertilizers. The non-state trading enterprises China National Chemical Engineering Corporation and Huakeng International Trade Co., Ltd. have applied for tariff quotas within the total volume of non-state trade. Other enterprises choose to apply for state-traded tariff quotas or non-state-traded tariff quotas based on their actual import needs, with state-traded enterprises or non-state-traded enterprises acting as agents for the imports.

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