Covers approximately 90% of tariff lines at zero duty. Normal Track tariff elimination completed for ASEAN-6 and Korea by 2010. Complemented by services (2007) and investment (2009) agreements.
Approximately 90% of tariff lines eliminated; ASEAN-6 and Korea achieved zero duty by 2010
Electronics, automotive and parts, steel, petrochemicals, textiles, machinery, agricultural products
RVC of 40% of FOB value or CTH; co-equal rule providing flexibility
Korea excludes sensitive agricultural products including fish (29 lines), prepared foodstuffs (21 lines), meat (18 lines), edible vegetables (11 lines).
Sample of HS codes with active preferential rates under this agreement.
| HS Code | Product | Rate |
|---|---|---|
| Trailers and semi-trailers; other vehicles, not mechanically propelled; parts thereof — Other, for goods of subheading 8716.80.20 | 0% | |
| Insects and other edible products of animal origin, not elsewhere specified or included, other | 0% | |
| Insects and other edible products of animal origin, not elsewhere specified or included — Turtles' eggs | 0% | |
| Pigs', hogs' or boars' bristles and hair; badger hair and other brush making hair; waste of such bristles or hair, other | 0% | |
| Pigs', hogs' or boars' bristles and hair; badger hair and other brush making hair; waste of such bristles or hair — Pigs', hogs' or boars' bristles and hair and waste thereof | 0% | |
| Skins and other parts of birds, with their feathers or down, feathers and parts of feathers (whether or not with trimmed edges) and down, not further worked than cleaned, disinfected or treated for preservation; powder and waste of feathers or parts of feathers — Duck feathers |
To qualify for preferential rates under AKFTA, your shipment needs a valid Certificate of Origin. Kickrate handles the documentation as your Importer of Record.
| 0% |
| 05061000 | Bones and horn-cores, unworked, defatted, simply prepared (but not cut to shape), treated with acid or degelatinised; powder and waste of these products — Ossein and bones treated with acid | 0% |
| 05059090 | Skins and other parts of birds, with their feathers or down, feathers and parts of feathers (whether or not with trimmed edges) and down, not further worked than cleaned, disinfected or treated for preservation; powder and waste of feathers or parts of feathers, other | 0% |
| 05071000 | Ivory, tortoise-shell, whalebone and whalebone hair, horns, antlers, hooves, nails, claws and beaks, unworked or simply prepared but not cut to shape; powder and waste of these products — Ivory; ivory powder and waste | 0% |
| 05079090 | Ivory, tortoise-shell, whalebone and whalebone hair, horns, antlers, hooves, nails, claws and beaks, unworked or simply prepared but not cut to shape; powder and waste of these products, other | 0% |
| 42021190 | 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; Trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers; With outer surface of leather or of composition leather, other | 0% |
| 05069000 | Bones and horn-cores, unworked, defatted, simply prepared (but not cut to shape), treated with acid or degelatinised; powder and waste of these products, other | 0% |
| 05079020 | Ivory, tortoise-shell, whalebone and whalebone hair, horns, antlers, hooves, nails, claws and beaks, unworked or simply prepared but not cut to shape; powder and waste of these products — Tortoise-shell | 0% |
| 05080090 | Coral and similar materials, unworked or simply prepared but not otherwise worked; shells of molluscs, crustaceans or echinoderms and cuttle-bone, unworked or simply prepared but not cut to shape, powder and waste thereof, other | 0% |
| 05080020 | Coral and similar materials, unworked or simply prepared but not otherwise worked; shells of molluscs, crustaceans or echinoderms and cuttle-bone, unworked or simply prepared but not cut to shape, powder and waste thereof — Shells of molluscs, crustaceans or echinoderms | 0% |
| 05100000 | Ambergris, castoreum, civet and musk; cantharides; bile, whether or not dried; glands and other animal products used in the preparation of pharmaceutical products, fresh, chilled, frozen or otherwise provisionally preserved | 0% |
| 05111000 | Animal products not elsewhere specified or included; dead animals of Chapter 1 or 3, unfit for human consumption — Bovine semen | 0% |
| 05119120 | Animal products not elsewhere specified or included; dead animals of Chapter 1 or 3, unfit for human consumption — Artemia egg (Brine shrimp egg) | 0% |
| 05119110 | Animal products not elsewhere specified or included; dead animals of Chapter 1 or 3, unfit for human consumption — Roes and milt | 0% |
| 05119130 | Animal products not elsewhere specified or included; dead animals of Chapter 1 or 3, unfit for human consumption — Fish skin | 0% |
