World Tariff Profiles
2022
SPECIAL TOPICS 1. Preferential rules of origin in international trade 2. Non-tariff measures on “green” and “brown” energy products
Korea, Republic of Korea, Republic of Part A.1
Tariffs and imports: Summary and duty ranges
Summary
Total
Simple average final bound
18.3
Simple average MFN applied
Ag
Non-Ag
64.9
9.9
2021 2020
13.6
56.8
6.6
Trade weighted average
8.9
88.0
3.7
Imports in billion US$
2020
467.6
28.5
439.1
5 <= 10
10 <= 15
Duty-free
Frequency distribution
0 <= 5
WTO member since
1995
Binding coverage:
Total
93.6
Non-Ag
92.5
Ag: Tariff quotas (in %)
13.8
Ag: Special safeguards (in % ) 15 <= 25
25 <= 50
6.5
50 <= 100
> 100
NAV
Tariff lines and import values (in %)
in %
Agricultural products 2.0
5.1
8.5
7.9
23.2
33.2
10.2
9.9
5.3
MFN applied
Final bound 2021
5.5
17.7
22.5
1.2
12.9
28.1
2.0
10.0
3.1
Imports
2020
3.6
19.3
21.1
1.5
11.4
26.7
1.0
15.4
3.6 0.0
Non-agricultural products 18.0
7.4
22.6
32.6
5.6
6.4
0.0
0
MFN applied
Final bound 2021
18.9
11.4
59.4
6.4
3.8
0.0
0
0
0.0
Imports
2020
41.7
24.8
29.8
3.0
0.8
0.0
0.0
0
0.0
Part A.2
Tariffs and imports by product groups Final bound duties
Product groups
AVG
Duty-free
Max
Binding
in %
MFN applied duties
AVG
in %
Duty-free
Imports Max
in %
Share
Duty-free
in %
in %
Animal products
25.5
0.8
89
100
21.5
3.1
89
1.1
Dairy products
68.2
0
176
100
66.0
0
176
0.2
0
Fruit, vegetables, plants
66.5
0
887
100
58.9
0.2
887
0.8
0.0
Coffee, tea
0.0
76.3
0
514
100
56.4
0
514
0.3
0
196.9
0
800
100
187.1
0.2
800
1.5
3.5
Oilseeds, fats & oils
50.8
2.4
630
100
40.7
3.6
630
0.8
2.6
Sugars and confectionery
31.3
0
243
100
15.7
0
243
0.2
0
Beverages & tobacco
43.7
0
270
100
31.4
0
270
0.4
0
2.0
0
2
100
0.0
100.0
0
0.0
100.0
Other agricultural products
26.5
8.9
754
100
20.4
21.4
754
0.6
17.1
Fish & fish products
15.2
0
32
38.4
16.7
0.4
32
1.2
2.0
7.4
22.5
35
95.8
4.6
27.0
8
19.1
45.9
Cereals & preparations
Cotton
Minerals & metals Petroleum
9.6
0
13
83.3
4.5
3.3
8
12.2
0
Chemicals
5.7
7.5
50
97.4
5.6
7.1
50
11.1
19.7
Wood, paper, etc.
3.3
68.8
35
92.1
2.4
64.4
13
2.0
63.0
Textiles
16.6
0.5
30
98.5
9.0
1.6
13
1.9
7.9
Clothing
28.5
0
35
100
12.5
0
13
1.9
0
Leather, footwear, etc.
12.0
0.1
16
97.5
7.6
2.7
16
1.7
5.5
Non-electrical machinery
9.0
28.0
20
96.7
5.7
25.5
13
12.2
56.2
Electrical machinery
6.9
47.6
20
76.5
5.2
31.0
13
19.7
76.8
Transport equipment
8.1
25.2
20
80.7
5.7
24.9
10
5.0
22.1
Manufactures, n.e.s.
8.4
33.9
16
98.9
5.2
33.0
13
5.9
60.8
Part B
Exports to major trading partners and duties faced Bilateral imports Major markets
in million US$
Diversification
MFN AVG of
Pref.
95% trade in no. of
traded TL
margin
HS 2-digit
HS 6-digit
Simple
Weighted
Weighted
Duty-free imports TL
Value
in %
in %
Agricultural products 1. Japan
2020
2,085
19
51
19.8
7.9
0.0
17.6
36.6
2. United States of America
2020
1,070
16
41
5.8
5.2
5.2
91.6
97.7
3. China
2020
764
13
33
12.8
16.6
0.9
13.0
5.4
4. United Arab Emirates
2020
475
2
3
11.0
179.7
0.0
26.7
0.3
5. Hong Kong, China
2020
374
15
60
0.0
0.0
0.0
100.0
100.0
1. China
2020
191,609
39
337
6.2
2.1
0.8
43.5
65.7
2. United States of America
2020
72,540
56
606
3.9
1.7
1.7
93.9
94.9
3. European Union
2020
49,281
55
728
4.5
3.2
3.2
100.0
100.0
4. Viet Nam
2020
46,510
50
495
9.5
3.0
2.1
90.0
92.4
5. Hong Kong, China
2020
38,785
24
67
0.0
0.0
0.0
100.0
100.0
Non-agricultural products
114
Download the data: www.wto.org/statistics
WTO ITC UNCTAD World Tariff Profiles 2022