Kickrate
IKCEPABilateralActive

Indonesia-Korea Comprehensive Partnership Agreement

Deepens the existing AKFTA relationship. Korea committed to 95.54% tariff elimination vs Indonesia's 92.06%, substantially more comprehensive than AKFTA. Covers goods, services, investment, HR development, and technology transfers. Gives traders multiple pathways alongside AKFTA and RCEP.

Key Facts

Tariff Coverage

Korea eliminates up to 95.54% of tariff lines; Indonesia eliminates 92.06%

Key Sectors

Steel, auto parts, petrochemicals, fisheries, dried fruits, seaweed, lubricants, textiles, ceramics, technology

Rules of Origin

RVC of 40% or CTC; build-up or build-down calculation; Product Specific Rules for select goods

Exclusions & Limitations

Both maintain exclusion lists for sensitive agricultural products. Korea protects rice and certain fishery products.

Member Countries (2)

🇮🇩
Indonesia
🇰🇷
South Korea

Products Under IKCEPA

Sample of HS codes with active preferential rates under this agreement.

HS CodeProductRate
92019000Pianos, including automatic pianos; harpsichords and other keyboard stringed instruments, other0%
85076031Electric accumulators, including separators therefor, whether or not rectangular (including square) — Of a kind used for laptops including notebooks and subnotebooks0%
85075090Electric accumulators, including separators therefor, whether or not rectangular (including square); Nickel-metal hydride, other0%
85064000Primary cells and primary batteries — Silver oxide0%
85072010Electric accumulators, including separators therefor, whether or not rectangular (including square) — Of a kind used for aircraft0%
85072010Electric accumulators, including separators therefor, whether or not rectangular (including square) — Of a kind used for aircraft0%
85065000Primary cells and primary batteries — Lithium0%
85071099Electric accumulators, including separators therefor, whether or not rectangular (including square) — Of a height (excluding terminals and handles) exceeding 23 cm0%
85071099Electric accumulators, including separators therefor, whether or not rectangular (including square) — Of a height (excluding terminals and handles) exceeding 23 cm0%
85066090Primary cells and primary batteries; Air-zinc, other0%
85051900Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads; Permanent magnets and articles intended to become permanent magnets after magnetisation, other0%
85063000Primary cells and primary batteries — Mercuric oxide0%
85071098Electric accumulators, including separators therefor, whether or not rectangular (including square) — Of a height (excluding terminals and handles) exceeding 13 cm but not exceeding 23 cm0%
85075020Electric accumulators, including separators therefor, whether or not rectangular (including square) — Of a kind used for vehicles in Chapter 870%
85066010Primary cells and primary batteries — Having an external volume not exceeding 300 cm30%
85059020Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads — Electro-magnetic lifting heads0%
85072094Electric accumulators, including separators therefor, whether or not rectangular (including square) — Of a height (excluding terminals and handles) not exceeding 13 cm0%
85072099Electric accumulators, including separators therefor, whether or not rectangular (including square) — Of a height (excluding terminals and handles) exceeding 23 cm0%
85072099Electric accumulators, including separators therefor, whether or not rectangular (including square) — Of a height (excluding terminals and handles) exceeding 23 cm0%
85069000Primary cells and primary batteries — Parts0%

Sources

GOV
IK-CEPA - Korea FTA Portal— Korean government FTA portal

Agreement Details

Code
IKCEPA
Type
Bilateral
Signed
2020
In Force Since
2023
Current Tariff Period
01 Januari 2023 — 31 Desember 2026
Status
Active (1,000 product tariffs)
Members
2 countries

Need a Certificate of Origin?

To qualify for preferential rates under IKCEPA, your shipment needs a valid Certificate of Origin. Kickrate handles the documentation as your Importer of Record.