Scribd Logo
Upload

Welcome to Scribd!

  • 50 views

    Tariff Exercise en

    Uploaded by

    Hoài Phạm
    1. The document provides guidance on using the Market Access Map tool to research tariff rates, preferential access, and other market access requirements for the target markets of Germany and Korea for Vietnamese exports of sport footwear. 2. Key findings from the analysis include: Vietnam receives preferential tariff treatment in Korea under a trade agreement with rates 2-4% lower than MFN, while facing MFN tariffs in Germany of 12-14%; Korea applies higher average tariffs of 15-20% on sport footwear imports from Vietnam compared to its top competitors China, Indonesia, and India. 3. Over time, Korea has expanded the number of preferential trade agreements applied to sport footwear imports, with the

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Tariff Exercise en

    Uploaded by

    Hoài Phạm
    50 views7 pages
    1. The document provides guidance on using the Market Access Map tool to research tariff rates, preferential access, and other market access requirements for the target markets of Germany and Korea for Vietnamese exports of sport footwear. 2. Key findings from the analysis include: Vietnam receives preferential tariff treatment in Korea under a trade agreement with rates 2-4% lower than MFN, while facing MFN tariffs in Germany of 12-14%; Korea applies higher average tariffs of 15-20% on sport footwear imports from Vietnam compared to its top competitors China, Indonesia, and India. 3. Over time, Korea has expanded the number of preferential trade agreements applied to sport footwear imports, with the

    Original Title

    1. Tariff Exercise En

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    1. The document provides guidance on using the Market Access Map tool to research tariff rates, preferential access, and other market access requirements for the target markets of Germany and Korea for Vietnamese exports of sport footwear. 2. Key findings from the analysis include: Vietnam receives preferential tariff treatment in Korea under a trade agreement with rates 2-4% lower than MFN, while facing MFN tariffs in Germany of 12-14%; Korea applies higher average tariffs of 15-20% on sport footwear imports from Vietnam compared to its top competitors China, Indonesia, and India. 3. Over time, Korea has expanded the number of preferential trade agreements applied to sport footwear imports, with the

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    50 views7 pages

    Tariff Exercise en

    Uploaded by

    Hoài Phạm
    1. The document provides guidance on using the Market Access Map tool to research tariff rates, preferential access, and other market access requirements for the target markets of Germany and Korea for Vietnamese exports of sport footwear. 2. Key findings from the analysis include: Vietnam receives preferential tariff treatment in Korea under a trade agreement with rates 2-4% lower than MFN, while facing MFN tariffs in Germany of 12-14%; Korea applies higher average tariffs of 15-20% on sport footwear imports from Vietnam compared to its top competitors China, Indonesia, and India. 3. Over time, Korea has expanded the number of preferential trade agreements applied to sport footwear imports, with the

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 7

     

                                                                             

    Exercise 1:
    Tariffs

    Product: Sport footwear (640411)


    Exporting country: Viet Nam
    Target markets: Germany and Republic of Korea
    HOW TO ENTER A TARGET MARKET
    TARIFFS AND OTHER MARKET ACCESS REQUIREMENTS

    1. INTRODUCTION

    Go to https://marketanalysis.intracen.org/ and log in to your ITC Tools account on the upper right corner of
    the page.
    2. DATA AVAILABILITY

    Go to Market Access Map: https://marketanalysis.intracen.org/ or straight to https://www.macmap.org/.

    2.1. Find out the latest available year for different types of information for your two target markets: Germany
    and Republic of Korea.

    Hint: Go to “About” and click on “Data Availability”.


     Use the tabs on top of the table to navigate between different data types.
     Note down the last year for which data has been uploaded on Market Access Map.

    i. For Applied tariffs (…../2)


    ii. For Tariff rate quota (…../2)
    iii. For Trade remedies (…../2)

    Latest available year


    Type of data
    Germany Korea, Republic of

    Applied tariffs

    Tariff rate quota

    Trade remedies
    3. IDENTIFY TARIFF RATES IN YOUR TARGET MARKETS

    3.1. Identify the tariffs applied by your target markets, Germany and Republic of Korea., to your product at
    HS6 level imported from Viet Nam and enter the information below:

    Hint: Go to “Access” and click on “Custom Tariffs”.


     Enter your target market (Destination country), your home country (Exporting country), the latest
    available year and your product at the HS6 level.

    i. What is the NTL code of your product in the two target markets? (….. /2)
    ii. What is the tariff regime applied to your product in the two target markets? (….. /2)
    iii. What is the applied tariffs with units applied to your product by the two target markets? (….. /2)
    iv. What is the total ad valorem equivalent tariff (%) in the two target markets? (….. /2)

    Total ad
    Tariff regime (MFN, Name of the Applied tariffs
    valorem
    Target Market NTL code trade agreement or non- (as reported)
    equivalent
    reciprocal preference scheme) with units
    tariff, %

    Germany

    Korea,
    Republic of

    Note: If several NTL are available, choose the NTL that most accurately matches your product
    description.

    3.2. Please fill in the table below on preferential market access and tariff advantage:

    Hint: For specific tariffs, use the Ad valorem equivalent (AVE) to calculate the Tariff advantage.
    Please compare the preferential tariffs (if available) to the MFN rate applicable in the same
    year.

    i. Is your country benefitting from a preferential market access for your product in any of the two
    target markets? (…. /2)
    ii. If applicable, calculate the tariff advantage. (….. /2)
    Is your country benefiting
    from a preferential market Tariff advantage:
    Target market access for this product in Calculate the difference between the MFN rate
    the specific target market? and the preferential rate (if it exists).
    Answer Yes or No.

    Germany

    Korea, Republic of

    4. MARKET ACCESS MAP ADVANCED TARIFF COMPARISON QUESTIONS

    Hint: Go to “compare” and click on competitors. Select the target markets as “destination country”
    and find the top three exporting countries.
     Use the “effectively applied tariffs” to compare.

    4.1

    i. What is the total Ad-valorem tariff faced by Viet Nam and the other top three exporting
    countries for this product in Germany?
    ii. What is the total Ad-valorem tariff faced by Viet Nam and the other top three exporting
    countries for this product in Republic of Korea?
    Please fill in the table below:

    Top three exporting Total Ad valorem Tariff Total Ad valorem Tariff


    Countries vs. Viet Nam In Germany In Korea, Republic of

    China

    Indonesia

    India

    4.2 Does Viet Nam have a tariff advantage or disadvantage vis-à-vis its competitors in your two target
    markets? Please use the results found above.

    5. MARKET ACCESS MAP MARKET COMPARISON

    5.1 Find the map of the MFN tariffs applied to your country/product in Asia.

    Hint: Go to “Compare” and select “markets” from the drop down menu. Then, select your country as
    “Exporting country” and leave all as the “destination country”. Then select the product. Finally, go
    to “Map” and select “MFN tariffs” as protection measures and “Asia” as geographic region.
    5.2 Which is the country with the highest average tariff? How much is it?

    5.3 From the top 10 markets based on trade and distance, which one has the highest Effectively Applied
    Tariff? Which one(s) the lowest? How much is it?

    Hint: Now move to “chart” and select “top 10 markets based on trade and distance”.

    6. TARIFF REGIMES BY YEAR

    6.1 As of 2018, how many tariff regimes is Republic of Korea part of for the selected product?

    Hint: Go to “Access” and select “Custom Tariffs”. Select the target market as the “Destination
    Country” and leave “all” for the exporting country. Select the latest available year and the
    selected HS product.
    6.2 Find the preferential tariff with Viet Nam. Since when is it in force?

    6.3 Among the different tariff regimes of Germany (besides MFN), which one has the highest Ad Valorem
    Equivalent? How much?

    6.4 ADVANCED QUESTION: Take a look at Republic of Korea’s tariff regimes from the year 2007. Between
    2007 and 2018, what is the difference? Has the MFN changed?

    Hint: Change the year in the heading.

    You might also like