Cross-Border Trade Guide
HS 0401 ·
Estimated Duties
~89%
MFN 36-176% (some lines) + 10% VAT + TRQ
Transit Time
6-9 days
End to end
Compliance
MFDS + APQA
Imported Food Safety Act
Export Rebate
0%
VAT zero-rated; BOI incentives for exporters
DUTY CALCULATION — SOUTH KOREA
Base Duty
0%
MFN (ITA): Free
VAT 10%
10%
on (CIF + duty)
Effective Total
~0%
duty only
| Product cost (FOB) | $100,000 |
| Ocean freight (est.) | $3,500 |
| Marine insurance (0.4%) | $400 |
| VAT 10% on $103,900 | $10,390 |
| Customs broker | ~$70 |
| Estimated total landed cost | ~$114,360 |
* Estimates based on $100K FOB shipment of electronics (HS 85). Actual costs vary by exact HS code, weight/volume, and current rates.
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