Preference utilisation
Also called: preference utilisation rate · PUR
The extent to which imports eligible for preferential tariff treatment under an agreement actually use it, usually measured as the share of eligible imports entered at the preferential rate. Low utilisation often reflects the cost of proving origin or lack of awareness.
In practice
Checking utilisation in import data often uncovers duty that could be saved with existing suppliers.
EU
Türkiye
UK
USARelated terms
- Preferential origin
- Origin status under the rules of a specific free trade agreement or unilateral preference scheme that entitles goods to a reduced or zero duty. It is…
- Free trade agreement
- An agreement between two or more countries removing duties on most trade between them, while each keeps its own external tariff. Benefits are limited…
- Proof of origin
- The document or statement that supports a claim to preferential origin at import. Depending on the agreement it is a certificate issued by…