Hong Kong as a free port immediately eliminated 100% of tariffs on all ASEAN goods. ASEAN members committed to progressively reducing tariffs on 75-85% of tariff lines over 10-14 years. Accompanied by the ASEAN-Hong Kong Investment Agreement.
Hong Kong eliminates 100% of tariffs immediately; ASEAN members progressively eliminate 75-85% over 10-14 years
Electronics, textiles and garments, jewelry, watches, food and beverages, chemicals, plastics
RVC of 40% of FOB value or Change in Tariff Classification; build-up or build-down calculation methods
ASEAN members maintain country-specific sensitive lists. Indonesia's phase-out extends to 14 years for certain products.
Sample of HS codes with active preferential rates under this agreement.
| HS Code | Product | Rate |
|---|---|---|
| Unsaturated acyclic monocarboxylic acids, cyclic monocarboxylic acids, their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives — Oleic, linoleic or linolenic acids, their salts and esters | 0% | |
| Other nuts, fresh or dried, whether or not shelled or peeled, other | 0% | |
| Bananas, including plantains, fresh or dried — Fresh | 0% | |
| Bananas, including plantains, fresh or dried — Dried | 0% | |
| Other nuts, fresh or dried, whether or not shelled or peeled, other | 0% | |
| Bananas, including plantains, fresh or dried — Fresh | 0% | |
To qualify for preferential rates under AHKFTA, your shipment needs a valid Certificate of Origin. Kickrate handles the documentation as your Importer of Record.
| 08031020 |
| Bananas, including plantains, fresh or dried — Dried |
| 0% |
| 08039010 | Bananas, including plantains, fresh or dried — Lady's finger banana | 0% |
| 08039020 | Bananas, including plantains, fresh or dried — Cavendish banana (Musa acuminata) | 0% |
| 08039030 | Bananas, including plantains, fresh or dried — Chestnut banana (hybrid of Musa acuminata and Musa balbisiana,cultivar Berangan) | 0% |
| 08039010 | Bananas, including plantains, fresh or dried — Lady's finger banana | 0% |
| 08039020 | Bananas, including plantains, fresh or dried — Cavendish banana (Musa acuminata) | 0% |
| 08039030 | Bananas, including plantains, fresh or dried — Chestnut banana (hybrid of Musa acuminata and Musa balbisiana,cultivar Berangan) | 0% |
| 08039090 | Bananas, including plantains, fresh or dried, other | 0% |
| 08039090 | Bananas, including plantains, fresh or dried, other | 0% |
| 08041000 | Dates, figs, pineapples, avocados, guavas, mangoes and mangosteens, fresh or dried — Dates | 0% |
| 08042000 | Dates, figs, pineapples, avocados, guavas, mangoes and mangosteens, fresh or dried — Figs | 0% |
| 08042000 | Dates, figs, pineapples, avocados, guavas, mangoes and mangosteens, fresh or dried — Figs | 0% |
| 08044000 | Dates, figs, pineapples, avocados, guavas, mangoes and mangosteens, fresh or dried — Avocados | 0% |
| 08045010 | Dates, figs, pineapples, avocados, guavas, mangoes and mangosteens, fresh or dried — Guavas | 0% |