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Global Tariffs, Categorized

🇺🇸 United States
🇰🇵 Korea, Democratic People's Republic of
📦 Other wine; grape must with fermentation prevented or arrested by the addition of alcohol
🇺🇸 🇰🇵

United States to Korea, Democratic People's Republic of Trade Analysis for Other wine; grape must with fermentation prevented or arrested by the addition of alcohol

Detailed tariff information for Other wine; grape must with fermentation prevented or arrested by the addition of alcohol imports

Other wine; grape must with fermentation prevented or arrested by the addition of alcohol Tariff Rate

HS Code:

15%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with minor fluctuations

Special Rates

Preferential Tariff
0%
Applicable under specific trade agreements or for limited quota; requires certificate of origin from the United States

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity for Wine Between US and North Korea
Due to ongoing sanctions and political tensions, trade of 'Other wine; grape must with fermentation prevented or arrested by the addition of alcohol' (HS Code: 2204.29) between the United States and the Democratic People's Republic of Korea (North Korea) remains virtually non-existent. No significant transactions have been reported in recent years.
2023-10-15
Impact: Sanctions continue to severely restrict any potential trade in this category, with no immediate prospects for change.
US Sanctions on North Korea Impact Wine Trade
The US Department of Treasury reiterated its strict sanctions on North Korea, prohibiting almost all trade, including niche products like specialized wines under HS Code 2204.29. No exemptions for agricultural or beverage products have been announced.
2023-08-22
Impact: Trade remains blocked, with no market access for this product between the two nations.
UN Report Highlights Zero Trade in Wine Sector with North Korea
A United Nations report on trade with North Korea confirmed that no imports or exports of wine or related products under HS Code 2204.29 have occurred between the US and North Korea, aligning with comprehensive international sanctions.
2023-06-10
Impact: Complete trade embargo continues to prevent any activity in this sector.
Policy Updates
US Continues Comprehensive Sanctions on North Korea
The United States reaffirmed its comprehensive sanctions regime against North Korea under Executive Order 13810, prohibiting all trade, including agricultural and beverage products like wine under HS Code 2204.29, with no exceptions or waivers announced.
Date: 2023-09-01
UN Security Council Resolution on North Korea Trade Restrictions
The UN Security Council maintained its resolutions (e.g., 2371 and 2397) imposing strict trade bans with North Korea, including non-essential goods like alcoholic beverages, reinforcing the prohibition of trade in products under HS Code 2204.29 with the US.
Date: 2023-07-15