AKFTAMultilateral (ASEAN+Partner)Active

ASEAN Korea Free Trade Agreement

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.

Key Facts

Tariff Coverage

Approximately 90% of tariff lines eliminated; ASEAN-6 and Korea achieved zero duty by 2010

Key Sectors

Electronics, automotive and parts, steel, petrochemicals, textiles, machinery, agricultural products

Rules of Origin

RVC of 40% of FOB value or CTH; co-equal rule providing flexibility

Exclusions & Limitations

Korea excludes sensitive agricultural products including fish (29 lines), prepared foodstuffs (21 lines), meat (18 lines), edible vegetables (11 lines).

Member Countries (11)

🇧🇳

Brunei

🇰🇭

Cambodia

🇮🇩

Indonesia

🇱🇦

Laos

🇲🇾

Malaysia

🇲🇲

Myanmar

🇵🇭

Philippines

🇸🇬

Singapore

🇹🇭

Thailand

🇻🇳

Vietnam

🇰🇷

South Korea

Products Under AKFTA

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

HS Code	Product	Rate
19021100	Pasta, whether or not cooked or stuffed (with meat or other substances) or otherwise prepared, such as spaghetti, macaroni, noodles, lasagne, gnocchi, ravioli, cannelloni; couscous, whether or not prepared — Containing eggs	0%
03069921	Crustaceans, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked crustaceans, whether in shell or not, whether or not cooked before or during the smoking process; crustaceans, in shell, cooked by steaming or by boiling in water, whether or not chilled, frozen, dried, salted or in brine — Smoked	0%
03069931	Crustaceans, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked crustaceans, whether in shell or not, whether or not cooked before or during the smoking process; crustaceans, in shell, cooked by steaming or by boiling in water, whether or not chilled, frozen, dried, salted or in brine — Smoked	0%
03069929	Crustaceans, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked crustaceans, whether in shell or not, whether or not cooked before or during the smoking process; crustaceans, in shell, cooked by steaming or by boiling in water, whether or not chilled, frozen, dried, salted or in brine; In airtight containers for retail sale, other	0%
03071110	Molluscs, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process — Live	0%
03069939	Crustaceans, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked crustaceans, whether in shell or not, whether or not cooked before or during the smoking process; crustaceans, in shell, cooked by steaming or by boiling in water, whether or not chilled, frozen, dried, salted or in brine, other	0%
03071120	Molluscs, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process — Fresh or chilled	0%
03071200	Molluscs, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process — Frozen	0%
03077200	Molluscs, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process — Frozen	0%
03071920	Molluscs, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process — Dried, salted or in brine	0%
41152000	Composition leather with a basis of leather or leather fibre, in slabs, sheets or strip, whether or not in rolls; parings and other waste of leather or of composition leather, not suitable for the manufacture of leather articles; leather dust, powder and flour — Parings and other waste of leather or of composition leather, not suitable for the manufacture of leather articles; leather dust, powder and flour	0%
03071930	Molluscs, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process — Smoked	0%
03072120	Molluscs, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process — Fresh or chilled	0%
03072110	Molluscs, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process — Live	0%
03072930	Molluscs, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process — Dried, salted or in brine	0%
03073110	Molluscs, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process — Live	0%
03072200	Molluscs, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process — Frozen	0%
03072940	Molluscs, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process — Smoked	0%
03077930	Molluscs, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process — Dried, salted or in brine	0%
03073120	Molluscs, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process — Fresh or chilled	0%

Agreement Details

Code: AKFTA
Type: Multilateral (ASEAN+Partner)
Signed: 2006
In Force Since: 2007
Current Tariff Period: 01 Januari 2023 — 31 Desember 2023
Status: Active (1,000 product tariffs)
Members: 11 countries

Need a Certificate of Origin?

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