Deepens the existing AKFTA relationship. Korea committed to 95.54% tariff elimination vs Indonesia's 92.06%, substantially more comprehensive than AKFTA. Covers goods, services, investment, HR development, and technology transfers. Gives traders multiple pathways alongside AKFTA and RCEP.
Korea eliminates up to 95.54% of tariff lines; Indonesia eliminates 92.06%
Steel, auto parts, petrochemicals, fisheries, dried fruits, seaweed, lubricants, textiles, ceramics, technology
RVC of 40% or CTC; build-up or build-down calculation; Product Specific Rules for select goods
Both maintain exclusion lists for sensitive agricultural products. Korea protects rice and certain fishery products.
Sample of HS codes with active preferential rates under this agreement.
| HS Code | Product | Rate |
|---|---|---|
| Collections and collectors' pieces of archaeological, ethnographic, historical, zoological, botanical, mineralogical, anatomical, paleontological or numismatic interest; Collections and collectors' pieces of zoological, botanical, mineralogical, anatomical or paleontological interest, other | 0% | |
| Microphones and stands therefor; loudspeakers, whether or not mounted in their enclosures; headphones and earphones, whether or not combined with a microphone, and sets consisting of a microphone and one or more loudspeakers; audio-frequency electric amplifiers; electric sound amplifier sets — Other, with loudspeakers, of a kind suitable for broadcasting, having a voltage rating of 50 V or more but not exceeding 100 V | 0% | |
| Microphones and stands therefor; loudspeakers, whether or not mounted in their enclosures; headphones and earphones, whether or not combined with a microphone, and sets consisting of a microphone and one or more loudspeakers; audio-frequency electric amplifiers; electric sound amplifier sets — Other microphones, whether or not with their stands | 0% | |
| Microphones and stands therefor; loudspeakers, whether or not mounted in their enclosures; headphones and earphones, whether or not combined with a microphone, and sets consisting of a microphone and one or more loudspeakers; audio-frequency electric amplifiers; electric sound amplifier sets; Loudspeakers, whether or not mounted in their enclosures; Single loudspeakers, mounted in their enclosures, other |
To qualify for preferential rates under IKCEPA, your shipment needs a valid Certificate of Origin. Kickrate handles the documentation as your Importer of Record.
| 0% |
| 85198141 | Sound recording or reproducing apparatus — Of a kind suitable for cinematography or broadcasting | 0% |
| 85198141 | Sound recording or reproducing apparatus — Of a kind suitable for cinematography or broadcasting | 0% |
| 85177999 | Telephone sets, including smartphones and other telephones for cellular networks or for other wireless networks; other apparatus for the transmission or reception of voice, images or other data, including apparatus for communication in a wired or wireless network (such as a local or wide area network), other than transmission or reception apparatus of heading 84.43, 85.25, 85.27 or 85.28; Parts, other | 0% |
| 85177999 | Telephone sets, including smartphones and other telephones for cellular networks or for other wireless networks; other apparatus for the transmission or reception of voice, images or other data, including apparatus for communication in a wired or wireless network (such as a local or wide area network), other than transmission or reception apparatus of heading 84.43, 85.25, 85.27 or 85.28; Parts, other | 0% |
| 85192010 | Sound recording or reproducing apparatus — Coins, tokens or disc operated record players | 0% |
| 85198110 | Sound recording or reproducing apparatus — Pocket-size cassette recorders, the dimensions of which do not exceed 170 mm x 100 mm x 45 mm | 0% |
| 85184030 | Microphones and stands therefor; loudspeakers, whether or not mounted in their enclosures; headphones and earphones, whether or not combined with a microphone, and sets consisting of a microphone and one or more loudspeakers; audio-frequency electric amplifiers; electric sound amplifier sets — Used as repeaters in telephony other than line telephony | 0% |
| 85184030 | Microphones and stands therefor; loudspeakers, whether or not mounted in their enclosures; headphones and earphones, whether or not combined with a microphone, and sets consisting of a microphone and one or more loudspeakers; audio-frequency electric amplifiers; electric sound amplifier sets — Used as repeaters in telephony other than line telephony | 0% |
| 85211090 | Video recording or reproducing apparatus, whether or not incorporating a video tuner; Magnetic tape-type, other | 0% |
| 85211090 | Video recording or reproducing apparatus, whether or not incorporating a video tuner; Magnetic tape-type, other | 0% |
| 85198130 | Sound recording or reproducing apparatus — Compact disc players | 0% |
| 85198130 | Sound recording or reproducing apparatus — Compact disc players | 0% |
| 85198161 | Sound recording or reproducing apparatus — Of a kind suitable for cinematography or broadcasting | 0% |
| 85198161 | Sound recording or reproducing apparatus — Of a kind suitable for cinematography or broadcasting | 0% |
| 85185020 | Microphones and stands therefor; loudspeakers, whether or not mounted in their enclosures; headphones and earphones, whether or not combined with a microphone, and sets consisting of a microphone and one or more loudspeakers; audio-frequency electric amplifiers; electric sound amplifier sets — Other, with loudspeakers, of a kind suitable for broadcasting, having a voltage rating of 50 V or more but not exceeding 100 V | 0% |
| 85189030 | Microphones and stands therefor; loudspeakers, whether or not mounted in their enclosures; headphones and earphones, whether or not combined with a microphone, and sets consisting of a microphone and one or more loudspeakers; audio-frequency electric amplifiers; electric sound amplifier sets — Of goods of subheading 8518.21 or 8518.22 | 0% |
