Cross-Border Trade Guide
HS 7601 · ALUMINUM, UNWROUGHTAnnual bilateral volume: $5M
Estimated Duties
0-8%
MFN + 10% VAT
Transit Time
25-35 days
End to end
Compliance
KS / Mill Test
Korean standards + safety
Export Rebate
0%
VAT zero-rated (20% reclaim)
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 |
| United Kingdom export tax rebate (20%) | -$20,000 |
| Estimated total landed cost | ~$94,360 |
* Estimates based on $100K FOB shipment of electronics (HS 85). Actual costs vary by exact HS code, weight/volume, and current rates.
Export-Side Restrictions
Recent Advisories
Related analysis
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