HS 74Metals · South Korea

HS Code for Copper - Import into South Korea

Duty and tax snapshot for importing metals (HS 74) into South Korea. Typical MFN duty ~3%, VAT 10% on CIF + duty. Decision-support only - confirm the 10-digit line and preferential status with your broker.

Typical duty

VAT

10%

Total taxes / CIF

13.3%

Worked landed-cost example

USD 150,000 FOB parcel of metals (HS 74) shipped to South Korea.

FOB valueUSD 150,000

Origin chargesUSD 2,250

FreightUSD 12,000

InsuranceUSD 750

CIFUSD 165,000

Import duty @ 3%USD 4,950

VAT @ 10%USD 16,995

Destination inlandUSD 3,000

Landed cost ≈ USD 189,945

Run your own numbers in the Landed Cost by HS & Country tool.

Sample HS codes

Code	Description
2603.00	Copper ores and concentrates
7401.00	Copper mattes; cement copper
7402.00	Unrefined copper, copper anodes (blister)
7403.11	Refined copper, cathodes (LME Grade A, BS EN 1978)
7403.12	Refined copper, wire bars
7404.00	Copper waste and scrap (Berry, Birch, Cliff, Candy grades)
7408.11	Copper wire, refined, > 6mm diameter

South Korea duty regime

MFN and preferential tariffs under KORUS FTA (USA), Korea-EU FTA, RCEP, Korea-UK FTA, Korea-ASEAN, Korea-India CEPA and Korea-China FTA.

Customs notes

· HSK: 10-digit Korean tariff code (HS 6 + 4 national digits) managed by Korea Customs Service (KCS).
· UNI-PASS is the electronic clearance system.
· Individual Consumption Tax applies to select goods (autos, jewellery, tobacco, alcohol) before VAT.

Frequently asked questions

What is the typical import duty on metals (HS 74) into South Korea?

South Korea applies an MFN duty of about 3% on HS chapter 74 at the 6-digit line. National tariff schedules add 2–4 further digits, so the exact rate can shift once you confirm the 8- or 10-digit code. Preferential rates under FTAs (MFN and preferential tariffs under KORUS FTA (USA), Korea-EU FTA, RCEP, Korea-UK FTA, Korea-ASEAN, Korea-India CEPA and Korea-China FTA) may reduce this to 0% for qualifying origins.

How is VAT calculated on imports of metals in South Korea?

South Korea charges VAT at 10% on the CIF value plus duty. 10% VAT on CIF + duty + ICT

What is the landed cost of a USD 150,000 FOB shipment of metals into South Korea?

On a USD 150,000 FOB parcel with ~8% freight and 0.5% insurance, CIF works out to USD 165,000. Applying 3% duty and 10% VAT brings total taxes to about USD 21,945 (~13.3% of CIF). Landed at buyer's warehouse ≈ USD 189,945.

Which HS code should I use for metals in South Korea?

Start with the 6-digit international HS heading - for example 2603.00 (Copper ores and concentrates). South Korea customs then requires the full national code (8- to 10-digit national tariff line). Confirm the exact line with your licensed customs broker before filing.

Which Incoterm is best for shipping metals to South Korea?

Most importers into South Korea prefer CIF or CFR for sea freight so the seller arranges main-carriage transport, while retaining control of destination clearance. DDP shifts import duty and VAT to the seller - attractive to buyers but often priced with a risk premium. Compare all 11 Incoterms with our Landed Cost by HS & Country tool.

What documents does South Korea customs need to clear HS 74?

HSK: 10-digit Korean tariff code (HS 6 + 4 national digits) managed by Korea Customs Service (KCS). Regulated commodities may also require a health certificate, phytosanitary certificate or import licence depending on the exact HS line.

Metals into other destination markets

Compare duty, VAT and landed cost for metals across every market we cover.

Other commodities imported into South Korea

Landed-cost pages for every HS commodity guide when the destination is South Korea.

Deeper pricing, grade and lane detail for HS Code for Copper (Chapter 74 & 2603) shipments to and from South Korea. Each hub covers specifications, benchmarks and the calculators that price a cargo.

Copper →

Top importer

HS 7403 (refined), 7404 (scrap), 2603 (concentrate)