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South Korea

Customs Tariff of the Republic of Korea · HS 10 digit · Korea Customs Service

Standard VAT/GST

10%

10% VAT on most goods and services; certain agricultural products are zero-rated.

Valuation

CIF

Declaration language

KO / EN

FTA agreements

4

FTA network

RCEP

In force since 2022-01-01

15-member Asia-Pacific FTA covering 30% of global GDP. Tariffs on 90%+ of goods reduced or eliminated over 20 years. Unified rules of origin with cumulative content.

Official text

Korea-China

In force since 2015-12-20

Bilateral FTA eliminating tariffs on roughly 90% of tariff lines over 20 years.

Official text

Korea-US

In force since 2012-03-15

Bilateral FTA progressively eliminating tariffs on most goods. Amended in 2018 to address auto and steel concerns.

Official text

ASEAN-Korea

In force since 2007-06-01

Multilateral FTA between Korea and ASEAN members.

Official text

Top HS6 tariff lines

50 lines
HSProductMFN
1001.19Durum wheat, other than seed3.0%
1001.99Other wheat and meslin, not seed3.0%
1002.90Rye, other than seed3.0%
1003.90Barley, other than seed3.0%
1004.90Oats, other than seed3.0%
1005.10Maize seed3.0%
1005.90Maize, other than seed3.0%
1006.10Rice in the husk (paddy)3.0%
1006.20Husked (brown) rice3.0%
1006.30Semi-milled or wholly milled rice3.0%
1006.40Broken rice3.0%
1007.00Grain sorghum3.0%
1008.10Buckwheat3.0%
1008.21Millet seed3.0%
1008.29Other millet3.0%
1008.30Canary seeds3.0%
1008.50Quinoa3.0%
1008.90Other cereals3.0%
1101.00Wheat or meslin flour22.0%
1102.20Maize (corn) flour22.0%
1102.90Other cereal flours22.0%
1103.11Wheat groats and meal22.0%
1103.13Maize groats22.0%
1103.19Other cereal groats22.0%
1104.23Maize, otherwise worked22.0%
1104.30Cereal germ, whole22.0%
1105.10Potato flour and meal22.0%
1105.20Potato flakes, granules22.0%
1106.10Flour and meal of dried legumes22.0%
1106.20Flour of sago, roots, tubers22.0%
1106.30Flour and powder of fruits or nuts22.0%
1107.10Malt, not roasted22.0%
1107.20Malt, roasted22.0%
1108.11Wheat starch22.0%
1108.12Maize starch22.0%
1108.13Potato starch22.0%
1108.14Manioc starch (tapioca)22.0%
1108.19Other starches22.0%
1108.20Inulin22.0%
1109.00Wheat gluten22.0%
1201.10Soya beans, seed2.0%
1201.90Soya beans, other than seed2.0%
1202.20Groundnuts, shelled, raw2.0%
1202.30Groundnuts, seed2.0%
1203.00Copra2.0%
1204.00Linseed (flaxseed)2.0%
1205.10Low erucic acid rape or colza seeds2.0%
1206.00Sunflower seeds2.0%
1207.30Castor oil seeds2.0%
1207.40Sesame seeds2.0%

Recent customs policies

Data source

Korea Customs Service · https://www.customs.go.kr