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 |
|---|---|---|
| Other articles of copper — Endless belt for machinery | 0% | |
| Complete watch or clock movements, unassembled or partly assembled (movement sets); incomplete watch or clock movements, assembled; rough watch or clock movements — Rough movements | 0% | |
| Watch movements, complete and assembled — With mechanical display only or with a device to which a mechanical display can be incorporated | 0% | |
| Watch movements, complete and assembled — With mechanical display only or with a device to which a mechanical display can be incorporated | 0% | |
| Watch cases and parts thereof — Cases of base metal, whether or not gold- or silver-plated | 0% | |
| Narrow woven fabrics, other than goods of heading 58.07; narrow fabrics consisting of warp without weft assembled by means of an adhesive (bolducs) — Ribbons of a kind used for making slide fasteners and of a width not exceeding 12 mm |
To qualify for preferential rates under AHKFTA, your shipment needs a valid Certificate of Origin. Kickrate handles the documentation as your Importer of Record.
| 0% |
| 58063993 | Narrow woven fabrics, other than goods of heading 58.07; narrow fabrics consisting of warp without weft assembled by means of an adhesive (bolducs) — Ribbons of a kind used for making slide fasteners and of a width not exceeding 12 mm | 0% |
| 91111000 | Watch cases and parts thereof — Cases of precious metal or of metal clad with precious metal | 0% |
| 03099090 | Flours, meals and pellets of fish, crustaceans, molluscs and other aquatic invertebrates, fit for human consumption — Of other aquatic invertebrates | 0% |
| 04011010 | Milk and cream, not concentrated nor containing added sugar or other sweetening matter — In liquid form | 0% |
| 58079010 | Labels, badges and similar articles of textile materials, in the piece, in strips or cut to shape or size, not embroidered — Of nonwoven fabrics | 0% |
| 58079010 | Labels, badges and similar articles of textile materials, in the piece, in strips or cut to shape or size, not embroidered — Of nonwoven fabrics | 0% |
| 04011090 | Milk and cream, not concentrated nor containing added sugar or other sweetening matter; Of a fat content, by weight, not exceeding 1 %, other | 0% |
| 58081010 | Braids in the piece; ornamental trimmings in the piece, without embroidery, other than knitted or crocheted; tassels, pompons and similar articles — Combined with rubber thread | 0% |
| 58081010 | Braids in the piece; ornamental trimmings in the piece, without embroidery, other than knitted or crocheted; tassels, pompons and similar articles — Combined with rubber thread | 0% |
| 03099090 | Flours, meals and pellets of fish, crustaceans, molluscs and other aquatic invertebrates, fit for human consumption — Of other aquatic invertebrates | 0% |
| 58089010 | Braids in the piece; ornamental trimmings in the piece, without embroidery, other than knitted or crocheted; tassels, pompons and similar articles — Combined with rubber thread | 0% |
| 58089010 | Braids in the piece; ornamental trimmings in the piece, without embroidery, other than knitted or crocheted; tassels, pompons and similar articles — Combined with rubber thread | 0% |
| 04011010 | Milk and cream, not concentrated nor containing added sugar or other sweetening matter — In liquid form | 0% |
| 04011090 | Milk and cream, not concentrated nor containing added sugar or other sweetening matter; Of a fat content, by weight, not exceeding 1 %, other | 0% |
