Reduction of wheat import duties

Import duties on wheat have dropped from R832.10 per ton to R544.20 per ton under tariff subheadings 1001.91 and 1001.99.

Furthermore, the duty on wheat flour dropped from R1 248.10 to R816.30 per ton. These are considerable decreases and have not occurred in a long time.

The wheat duties are calculated using a variable tariff formula. This ensures that import duties are triggered when international prices are low. The duty is only active when international prices drop below a certain price level known as the reference price. The reference price is currently $279 per ton.

Wheat can be imported duty-free or at preferential duties (up to certain volumes) under the WTO Minimum Market Access system, EU – SADC EPA, and the SACUM – UK EPA. Wheat quota under the SACUM – UK EPA will only be available from 2021 once the agreement comes into force.

For more information, contact us at infor@tradesolutions.co.za