Regional Comprehensive Economic Partnership Agreement - ASEAN
World's largest free trade bloc covering 15 Asia-Pacific nations. Key innovation: full cumulation allowing materials from any of 15 members to count toward origin requirements. Covers approximately 30% of global GDP and population. Separate tariff schedules apply per origin country.
Key Facts
Tariff Coverage
Approximately 90% of tariff lines; over 65% at zero duty, remainder phased over 20 years
Key Sectors
All major sectors: electronics, automotive, machinery, chemicals, textiles, agriculture, metals, energy, plastics
Rules of Origin
Product-Specific Rules per tariff line; RVC of 40% or CTC; full cumulation among all 15 RCEP members
Exclusions & Limitations
Country-specific exclusion lists. Japan excludes rice, beef/pork, wheat, dairy, sugar. Phase-out periods up to 20 years.
Member Countries (10)
Products Under RCEP-ASEAN
Sample of HS codes with active preferential rates under this agreement.
| HS Code | Product | Rate |
|---|---|---|
| 84818099 | Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves — other | 0% |
| 03039200 | Shark fins | 0% |
| 03039200 | Shark fins | 0% |
| 33012400 | Of peppermint (Mentha piperita) | 0% |
| 33012400 | Of peppermint (Mentha piperita) | 0% |
| 03039900 | Other | 0% |
| 03039900 | Other | 0% |
| 33012920 | Of sandalwood | 0% |
| 33012920 | Of sandalwood | 0% |
| 03043200 | Catfish (Pangasius spp., Silurus spp., Clarias spp., Ictalurus spp.) | 0% |
| 33012950 | Of cloves | 0% |
| 33012950 | Of cloves | 0% |
| 33012960 | Of patchouli | 0% |
| 33012960 | Of patchouli | 0% |
| 03044200 | Trout (Salmo trutta, Oncorhynchus mykiss, Oncorhynchus clarki, Oncorhynchus aguabonita, Oncorhynchus gilae, Oncorhynchus apache and Oncorhynchus chrysogaster) | 0% |
| 03044200 | Trout (Salmo trutta, Oncorhynchus mykiss, Oncorhynchus clarki, Oncorhynchus aguabonita, Oncorhynchus gilae, Oncorhynchus apache and Oncorhynchus chrysogaster) | 0% |
| 03044300 | Flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) | 0% |
| 03044400 | Fish of the families Bregmacerotidae, Euclichthyidae, Gadidae, Macrouridae, Melanonidae, Merlucciidae, Moridae and Muraenolepididae | 0% |
| 33019010 | Aqueous distillates and aqueous solutions of essential oils suitable for medicinal use | 0% |
| 33019010 | Aqueous distillates and aqueous solutions of essential oils suitable for medicinal use | 0% |
Sources
Agreement Details
- Code
- RCEP-ASEAN
- Type
- Regional (RCEP)
- Signed
- 2020
- In Force Since
- 2022
- Current Tariff Period
- 01 April 2026 — 31 Maret 2027
- Status
- Active (1,000 product tariffs)
- Members
- 10 countries