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
85115021	Electrical ignition or starting equipment of a kind used for spark-ignition or compression-ignition internal combustion engines (for example, ignition magnetos, magneto-dynamos, ignition coils, sparking plugs and glow plugs, starter motors); generators (for example, dynamos, alternators) and cut-outs of a kind used in conjunction with such engines — for engines of vehicles of heading 87.02, 87.03, 87.04 or 87.05	0%
03069529	In airtight containers for retail sale, other	0%
03069529	In airtight containers for retail sale, other	0%
03019935	Live fish — humpback grouper (Cromileptes altivelis)	0%
03069530	Shrimps and prawns, other	0%
40169290	Erasers, other	0%
27101920	Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils — topped crudes	0%
15162017	Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared — of ground-nuts	0%
43013000	Raw furskins (including heads, tails, paws and other pieces or cuttings, suitable for furriers' use), other than raw hides and skins of heading 41.01, 41.02 or 41.03 — of lamb, the following: Astrakhan, Broadtail, Caracul, Persian and similar lamb, Indian, Chinese, Mongolian or Tibetan lamb, whole, with or without head, tail or paws	0%
43013000	Raw furskins (including heads, tails, paws and other pieces or cuttings, suitable for furriers' use), other than raw hides and skins of heading 41.01, 41.02 or 41.03 — of lamb, the following: Astrakhan, Broadtail, Caracul, Persian and similar lamb, Indian, Chinese, Mongolian or Tibetan lamb, whole, with or without head, tail or paws	0%
40169915	Other articles of vulcanised rubber other than hard rubber — for vehicles of heading 87.09, 87.13, 87.15 or 87.16	0%
40169915	Other articles of vulcanised rubber other than hard rubber — for vehicles of heading 87.09, 87.13, 87.15 or 87.16	0%
40169916	Other articles of vulcanised rubber other than hard rubber — bicycle mudguards	0%
40169916	Other articles of vulcanised rubber other than hard rubber — bicycle mudguards	0%
40169917	Other articles of vulcanised rubber other than hard rubber — bicycle parts	0%
40169917	Other articles of vulcanised rubber other than hard rubber — bicycle parts	0%
40169918	Other articles of vulcanised rubber other than hard rubber — other bicycle accessories	0%
15162024	Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared — of palm kernels, refined, bleached and deodorised (RBD)	0%
40169920	Other articles of vulcanised rubber other than hard rubber — parts and accessories of rotochutes of heading 88.04	0%
40169918	Other articles of vulcanised rubber other than hard rubber — other bicycle accessories	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

Need a Certificate of Origin?

To qualify for preferential rates under RCEP-Korea, your shipment needs a valid Certificate of Origin. Kickrate handles the documentation as your Importer of Record.