Kickrate
IKCEPABilateralActive

Indonesia-Korea Comprehensive Partnership Agreement

Deepens the existing AKFTA relationship. Korea committed to 95.54% tariff elimination vs Indonesia's 92.06%, substantially more comprehensive than AKFTA. Covers goods, services, investment, HR development, and technology transfers. Gives traders multiple pathways alongside AKFTA and RCEP.

Key Facts

Tariff Coverage

Korea eliminates up to 95.54% of tariff lines; Indonesia eliminates 92.06%

Key Sectors

Steel, auto parts, petrochemicals, fisheries, dried fruits, seaweed, lubricants, textiles, ceramics, technology

Rules of Origin

RVC of 40% or CTC; build-up or build-down calculation; Product Specific Rules for select goods

Exclusions & Limitations

Both maintain exclusion lists for sensitive agricultural products. Korea protects rice and certain fishery products.

Member Countries (2)

🇮🇩
Indonesia
🇰🇷
South Korea

Products Under IKCEPA

Sample of HS codes with active preferential rates under this agreement.

HS CodeProductRate
84799090Parts, other0%
85258390Other, night vision goods as specified in Subheading Note 3 to this Chapter, other0%
85258390Other, night vision goods as specified in Subheading Note 3 to this Chapter, other0%
85258320Transmission apparatus for radio-broadcasting or television, whether or not incorporating reception apparatus or sound recording or reproducing apparatus; television cameras, digital cameras and video camera recorders — television cameras0%
85258320Transmission apparatus for radio-broadcasting or television, whether or not incorporating reception apparatus or sound recording or reproducing apparatus; television cameras, digital cameras and video camera recorders — television cameras0%
85258190High-speed goods as specified in Subheading Note 1 to this Chapter, other0%
85258190High-speed goods as specified in Subheading Note 1 to this Chapter, other0%
85261010Radar apparatus, radio navigational aid apparatus and radio remote control apparatus — radar apparatus, ground based, or of a kind for use in civil aircraft, or of a kind used solely on sea-going vessels0%
85261010Radar apparatus, radio navigational aid apparatus and radio remote control apparatus — radar apparatus, ground based, or of a kind for use in civil aircraft, or of a kind used solely on sea-going vessels0%
85258290Other, radiation-hardened or radiation-tolerant goods as specified in Subheading Note 2 to this Chapter, other0%
85258290Other, radiation-hardened or radiation-tolerant goods as specified in Subheading Note 2 to this Chapter, other0%
85258990Television cameras, digital cameras and video camera recorders, other0%
85258120Transmission apparatus for radio-broadcasting or television, whether or not incorporating reception apparatus or sound recording or reproducing apparatus; television cameras, digital cameras and video camera recorders — television cameras0%
85284920Monitors and projectors, not incorporating television reception apparatus; reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus — monochrome0%
85291029Parabolic aerial reflector dishes for direct broadcast multi-media systems and parts thereof, other0%
85291029Parabolic aerial reflector dishes for direct broadcast multi-media systems and parts thereof, other0%
85271200Reception apparatus for radio-broadcasting, whether or not combined, in the same housing, with sound recording or reproducing apparatus or a clock — pocket-size radio cassette-players0%
85271200Reception apparatus for radio-broadcasting, whether or not combined, in the same housing, with sound recording or reproducing apparatus or a clock — pocket-size radio cassette-players0%
85286910Monitors and projectors, not incorporating television reception apparatus; reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus — having the capability of projecting onto a screen diagonally measuring 300 inches or more0%
85285200Monitors and projectors, not incorporating television reception apparatus; reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus — capable of directly connecting to and designed for use with an automatic data processing machine of heading 84.710%

Sources

GOV
IK-CEPA - Korea FTA Portal— Korean government FTA portal

Agreement Details

Code
IKCEPA
Type
Bilateral
Signed
2020
In Force Since
2023
Current Tariff Period
01 Januari 2023 — 31 Desember 2026
Status
Active (1,000 product tariffs)
Members
2 countries

Need a Certificate of Origin?

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