\
Skip to content
flexport
 Subscribe to our Weekly Economic Report for expert insights into global trade and supply chains. Sign Up
  • English
  • Deutsch
  • 简体中文
Flexport

Glossary

Tariff Quotas | Preferential or Autonomous

Tags: 

Tariff concessions that are provided for a predetermined volume of goods are called "preferential tariff quotas". Learn more.

\

Ready to Get Started?

Flexport makes shipping your cargo transparent, reliable, and affordable

Tariff concessions that are provided for a predetermined volume of goods are called "preferential tariff quotas". Within these tariff quotas, a predetermined volume of goods originating in a specified country/territory can benefit at import from a more favourable rate of duty than the normal third countries/territories duty. Entitlement to benefit from tariff quotas is subject to presentation of the necessary evidence of origin.

Share the Article

More From Flexport

Glossary

External Transit (T1)

Read More

Glossary

Deferment Fee

Read More

Glossary

Deferment or Postponed VAT Accounting

Read More