RCEP-KoreaRegional (RCEP)Active
Regional Comprehensive Economic Partnership Agreement - Korea
RCEP tariff schedule for Korean goods. Complements AKFTA and IKCEPA, with full cumulation allowing multi-country supply chain sourcing.
Key Facts
Tariff Coverage
Approximately 90% of tariff lines; over 65% at zero duty, remainder phased over 20 years
Key Sectors
All major sectors: electronics, automotive, machinery, chemicals, textiles, agriculture, metals, energy, plastics
Rules of Origin
Product-Specific Rules per tariff line; RVC of 40% or CTC; full cumulation among all 15 RCEP members
Exclusions & Limitations
Country-specific exclusion lists. Japan excludes rice, beef/pork, wheat, dairy, sugar. Phase-out periods up to 20 years.
Member Countries (1)
🇰🇷
South Korea
Products Under RCEP-Korea
Sample of HS codes with active preferential rates under this agreement.
| HS Code | Product | Rate |
|---|---|---|
| 29031400 | Halogenated derivatives of hydrocarbons — Carbon tetrachloride | 0% |
| 03069529 | Crustaceans, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked crustaceans, whether in shell or not, whether or not cooked before or during the smoking process; crustaceans, in shell, cooked by steaming or by boiling in water, whether or not chilled, frozen, dried, salted or in brine; Shrimps and prawns; In airtight containers for retail sale, other | 0% |
| 03069529 | Crustaceans, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked crustaceans, whether in shell or not, whether or not cooked before or during the smoking process; crustaceans, in shell, cooked by steaming or by boiling in water, whether or not chilled, frozen, dried, salted or in brine; Shrimps and prawns; In airtight containers for retail sale, other | 0% |
| 03019935 | Live fish — Humpback grouper (Cromileptes altivelis) | 0% |
| 03069530 | Crustaceans, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked crustaceans, whether in shell or not, whether or not cooked before or during the smoking process; crustaceans, in shell, cooked by steaming or by boiling in water, whether or not chilled, frozen, dried, salted or in brine; Shrimps and prawns, other | 0% |
| 30049053 | Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale — Containing diclofenac, of a kind taken orally | 0% |
| 02109210 | Meat and edible meat offal, salted, in brine, dried or smoked; edible flours and meals of meat or meat offal — Of whales, dolphins and porpoises (mammals of the order Cetacea); of manatees and dugongs (mammals of the order Sirenia) | 0% |
| 02109210 | Meat and edible meat offal, salted, in brine, dried or smoked; edible flours and meals of meat or meat offal — Of whales, dolphins and porpoises (mammals of the order Cetacea); of manatees and dugongs (mammals of the order Sirenia) | 0% |
| 02109290 | Meat and edible meat offal, salted, in brine, dried or smoked; edible flours and meals of meat or meat offal; Other, including edible flours and meals of meat or meat offal; Of whales, dolphins and porpoises (mammals of the order Cetacea); of manatees and dugongs (mammals of the order Sirenia); of seals, sea lions and walruses (mammals of the suborder Pinnipedia), other | 0% |
| 02109290 | Meat and edible meat offal, salted, in brine, dried or smoked; edible flours and meals of meat or meat offal; Other, including edible flours and meals of meat or meat offal; Of whales, dolphins and porpoises (mammals of the order Cetacea); of manatees and dugongs (mammals of the order Sirenia); of seals, sea lions and walruses (mammals of the suborder Pinnipedia), other | 0% |
| 02109300 | Meat and edible meat offal, salted, in brine, dried or smoked; edible flours and meals of meat or meat offal — Of reptiles (including snakes and turtles) | 0% |
| 02109300 | Meat and edible meat offal, salted, in brine, dried or smoked; edible flours and meals of meat or meat offal — Of reptiles (including snakes and turtles) | 0% |
| 30049055 | Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale — Other, in liniment form | 0% |
| 30049055 | Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale — Other, in liniment form | 0% |
| 30049054 | Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale — Containing piroxicam (INN) or ibuprofen | 0% |
| 30049054 | Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale — Containing piroxicam (INN) or ibuprofen | 0% |
| 42029220 | Trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels, spectacle cases, binocular cases, camera cases, musical instrument cases, gun cases, holsters and similar containers; travelling-bags, insulated food or beverages bags, toilet bags, rucksacks, handbags, shopping-bags, wallets, purses, map-cases, cigarette-cases, tobacco-pouches, tool bags, sports bags, bottle-cases, jewellery boxes, powder-boxes, cutlery cases and similar containers, of leather or of composition leather, of sheeting of plastics, of textile materials, of vulcanised fibre or of paperboard, or wholly or mainly covered with such materials or with paper — Bowling bags | 0% |
| 02109910 | Meat and edible meat offal, salted, in brine, dried or smoked; edible flours and meals of meat or meat offal — Freeze-dried diced chicken | 0% |
| 02109910 | Meat and edible meat offal, salted, in brine, dried or smoked; edible flours and meals of meat or meat offal — Freeze-dried diced chicken | 0% |
| 42029220 | Trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels, spectacle cases, binocular cases, camera cases, musical instrument cases, gun cases, holsters and similar containers; travelling-bags, insulated food or beverages bags, toilet bags, rucksacks, handbags, shopping-bags, wallets, purses, map-cases, cigarette-cases, tobacco-pouches, tool bags, sports bags, bottle-cases, jewellery boxes, powder-boxes, cutlery cases and similar containers, of leather or of composition leather, of sheeting of plastics, of textile materials, of vulcanised fibre or of paperboard, or wholly or mainly covered with such materials or with paper — Bowling bags | 0% |
Agreement Details
- Code
- RCEP-Korea
- Type
- Regional (RCEP)
- Signed
- 2020
- In Force Since
- 2022
- Current Tariff Period
- 01 April 2026 — 31 Maret 2027
- Status
- Active (1,000 product tariffs)
- Members
- 1 countries