Question 1

What is the import duty rate for Footwear & Shoes in South Korea?

Accepted Answer

The MFN (Most Favoured Nation) import duty rate for Footwear & Shoes (HS 6402–6405) in South Korea is 13% on the CIF value. MFN 13%. 0% under KORUS and Korea–EU FTA.

Question 2

Is VAT charged on Footwear & Shoes imports to South Korea?

Accepted Answer

Yes. South Korea charges VAT at 10% on the CIF value plus any import duty. This applies to virtually all commercial imports.

Question 3

Are there FTA rates available for Footwear & Shoes in South Korea?

Accepted Answer

Yes. Korea–EU/KORUS: 0%. KORUS (US), Korea–EU FTA, Korea–UK FTA, RCEP, Korea–ASEAN FTA, Korea–China FTA (CKFTA) are the key agreements — verify origin requirements with your customs broker.

Question 4

How is import duty calculated for Footwear & Shoes entering South Korea?

Accepted Answer

Duty is calculated on the CIF value of the goods. CIF value includes the product cost, international freight, and insurance. The MFN duty of 13% is applied to this value. VAT (10%) is then applied on the CIF value plus duty.

South Korea Import Duty Rate for Footwear & Shoes

How duty is calculated

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Footwear & Shoes duty rates in other markets