Global-Capabilities / South Korea

Importing to South Korea

Unlike its counterpart to the North, South Korea has a booming tech sector. South Korea is a global leader in the development of new technologies, such as 5G, artificial intelligence, and robotics. This has helped to make South Korea a major player in the global tech trade, and this country has a strong track record of commercializing new technologies. Despite the challenges, South Korea's tech trade landscape is one of the most dynamic and innovative in the world. South Korea is a major producer of microchips, and the country imports tech components to make microchips, from semiconductor wafers to photomasks.

Tax: up to 10%
Duties: up to 18%

Restricted Items: Refurbished Goods, Second-hand Goods, and Products Produced by Samsung

Non-working days: Saturday, Sunday, and Public Holidays

Lead times: 3 - 4 Weeks

Best carrier option: Courier  or Freight Forwarder

Prominent Languages: Korean

Tax: up to 10%
Duties: up to 18%

Restricted Items: Refurbished Goods, Second-hand Goods, and Products Produced by Samsung

Non-working days: Saturday, Sunday, and Public Holidays

Lead Time: 3 - 4 Weeks

Best carrier option: Courier  or Freight Forwarder

Prominent Languages: Korean

Pain Points

Trade Pain Points and Possibilities

Certain high-tech products are subject to strict controls. Stringent product certifications in the form of a KC (Korea Certification) Certificate are imposed by the Korean customs authorities, and this certification has become synonymous with reliable safety requirements around the world. Brand protection policies and language barriers can further complicate tech trade interactions.

A central hub in East Asia, Korea is the frontier of the technology market in Asia. While a prolific lane, this is a compliance-heavy destination. With multiple hoops through which to jump through, this can be a distinctly time-consuming lane.

South Korea has signed a number of trade agreements with other countries. These agreements are designed to reduce tariffs and other trade barriers and promote economic cooperation. For example, the ASEAN-Korea Free Trade Agreement (AKFTA) is a free trade agreement between South Korea and the Association of Southeast Asian Nations (ASEAN). The AKFTA has eliminated tariffs on many goods traded between South Korea and ASEAN, and it has also reduced specific barriers to trade in services, investment, and intellectual property.

Our Solution

How TecEx Can Help You Import into South Korea

The TecEx team specializes in the compliant and efficient import and export of tech components into and out of South Korea. Our Importer of Record (IOR) and Exporter of Record (EOR) solutions simplify your international trade compliance journey in South Korea. Our Delivered Duty Paid (DDP) solution includes all the costs and risks associated with getting your goods to your destination, from customs clearance and import duties to final mile delivery.

About South Korea

The country is home to some of the world’s largest and most successful technology companies, including Samsung, LG, and Hyundai. South Korea is also a significant exporter of technology products and a leader in mobile phones, semiconductors, and display panels. The sector accounts for about 20% of the country’s GDP and employs over 10 million people. Korea is made up of 3,400 separate islands, and only 473 of these islands are actually inhabited.

Choose TecEx for a seamless DDP shipping experience into South Korea. As your trusted Importer of Record, we take on all the risk and responsibility of your shipments. Giving simplicity, flexibility, and peace of mind.

Trade Pain Points and Possibilities

Our Solution

How TecEx Can Help You Import into South Korea

About South Korea

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Your global trade solution for South Korea

Fill in the form to get in touch, and our expert team will contact you with a bespoke customs compliance solution to suit your needs.

Your global trade solution for South Korea

Fill in the form to get in touch, and our expert team will contact you with a bespoke customs compliance solution to suit your needs.

Importing to South Korea

Trade Pain Points and Possibilities

Our Solution

About South Korea

Trade Pain Points and Possibilities

Our Solution

About South Korea

Your global trade solution for South Korea

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