MOFCOM releases proposed list for 2026 wool, wool tops tariff quota reallocation

MOFCOM releases proposed list for 2026 wool, wool tops tariff quota reallocation

Summary

The Ministry of Commerce has published a notice on the proposed list of enterprises for the reallocation of 2026 import tariff quotas for wool and wool tops. The public notice period runs from 21 October to 27 October 2026. During this period, any objections to enterprise eligibility must be submitted in writing, with contact details, to the Department of Foreign Trade of the Ministry of Commerce.

The list includes Jiangsu Provincial Foreign Economic and Trade Co. , Ltd. , Sumec International Technology Trading Co.

, Ltd. , Jiaxing Liangyou Import and Export Group Co. , Ltd.

, Wuxi Guolian Import and Export Co. , Ltd. , Shanghai Simingjie International Trade Co.

, Ltd. , Anhui Hengli Fibre Technology Co. , Ltd.

, Jiangsu Jinmeng Textile Technology Co. , Ltd. , and Jiangyin Aoda Wool Tops Co.

, Ltd. , among others, covering Jiangsu, Shanghai, Zhejiang, and Anhui. The notice also attaches a proposed reallocation list for the 2026 country-specific tariff quota for Australian wool imports, including Shanghai Haoen Import and Export Co.

, Ltd. , Tongxiang Dushi Wool Textile Raw Materials Co. , Ltd.

, Inner Mongolia Ruixin Economic and Trade Co. , Ltd. , Nanjing Wool Market Co.

, Ltd. , Michell (Suzhou) Wool Industry Co. , Ltd.

, and Shandong Nanshan Zhishang Technology Co. , Ltd. , covering enterprises in Shanghai, Zhejiang, Jiangsu, Tianjin, and Shandong.

Commentary

The Ministry of Commerce has published the proposed list of enterprises for the reallocation of 2026 import tariff quotas for wool and wool tops, involving dozens of companies across Jiangsu, Shanghai, Zhejiang, and Anhui, with a separate proposed reallocation list for the country-specific quota for Australian wool. The quota management mechanism stems from China's tariff-rate quota system following its WTO accession and is designed to balance domestic wool processing demand with import management. China is the world's largest wool importer, with annual imports of about 300,000 tonnes, of which Australian wool accounts for more than 60 percent of the total, mainly used for wool top processing and worsted fabric production.

New Zealand produces about 140,000 tonnes of wool a year, but mostly strong wool, which is mainly exported to China, India, and the EU and faces competition in the Chinese market from Australian fine wool. The quota reallocation favours wool textile industry clusters in Jiangsu and Zhejiang, where large wool textile enterprises such as Sunshine Group and Nanshan Zhishang are concentrated and demand for high-quality wool is stable. For small and medium-sized New Zealand enterprises, China's wool import quota management directly affects export opportunities.

On one hand, New Zealand wool falls outside the country-specific quota and must compete with global supply for the general tariff quota, while Australia enjoys lower tariffs under its free trade agreement, squeezing New Zealand wool's price advantage. On the other hand, as China's wool textile industry upgrades, demand is rising for functional and environmentally friendly wool, and New Zealand companies could explore cooperation with local processors to develop differentiated products such as wrinkle-resistant and machine-washable wool, or connect directly with small and medium-sized Chinese wool textile mills through cross-border e-commerce. The reallocation list also includes a number of traders and processors whose procurement preferences New Zealand exporters could study to establish direct contacts.

Changes in China's wool import policy affect not only raw material trade but also indirectly reflect the performance of the domestic textile industry. New Zealand companies should track the actual utilisation rate of quotas and the operating conditions of China's wool textile industry to adjust export strategies flexibly.

Keywords: wool import tariff quota, wool tops, MOFCOM public notice, reallocation enterprise list, Australian wool, country-specific tariff quota, MOFCOM Department of Foreign Trade, public notice period


Source: Jiemian.com

Disclaimer: This article is compiled from publicly available sources for general information only. The analysis and commentary are editorial opinions. MiDeer Observer does not guarantee the accuracy or completeness of the information provided. Readers should seek independent professional advice before relying on this content, or contact us for more information.

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