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China Announces 2020 Export Commodity Quotas and Application Procedures

The Ministry of Commerce (MOFCOM) has now announced details of the mainland’s 2020 export commodity quotas, as well as a number of related administrative requirements:  

2020 Export Quotas

  • Licorice and licorice products: 4.4 million kg
  • Ephedra sinica (cultivated for medicinal purposes): 1 million kg
  • Live pigs (for export to Hong Kong / Macao): 1.4834 million heads
  • Live cattle (for export to Hong Kong / Macao): 28,600 heads
  • Live chickens (for export to Hong Kong): 3 million
  • Sawn timber: 60,000 cubic metres
  • Rush mat / rush mat products: 23 million kg

Foreign Trade Operators

  • Any such entities looking to export any of the above commodities must, in the first instance, apply for the relevant quota allocation (global or region-specific) from MOFCOM, and then obtain an export licence by presenting the quota certification document (or other documentation related to a successful quota bid) prior to initiating any export clearance procedures via China Customs.

Application Period

  • For the 2020 quota round (excluding those allocated via a bidding process), applications should be submitted in the period 1-15 November 2019.

Source: Ministry of Commerce

Content provided by Picture: HKTDC Research
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