Export Engineering Goods & Machinery from India to South Korea
Engineering Goods & Machinery exported from India to South Korea is classified under HS 847989 and attracts a 6.67% MFN (applied) import duty in South Korea (World Bank WITS / UNCTAD TRAINS, 2023), reduced to 0% under PREF. Indian exporters can claim 1% of FOB under RoDTEP. South Korea imported $1.22B of this product in 2024, ranking #9 worldwide.
Duty & taxes in South Korea
Officially reported applied rates. Always confirm against the destination customs tariff before you contract.
| MFN applied duty | 6.67% |
| Preferential (PREF) | 0% |
| RoDTEP (India, on FOB) | +1% |
South Korea demand & world market
Other Machines & Mechanical Appliances · OEC World (BACI / UN Comtrade), 2024
Documents & compliance
The baseline Indian export set, plus what South Korea typically asks for on this product.
Buyers & importers in South Korea
Every buyer record is sanctions-screened and source-cited before we publish it, so we show nothing rather than an unverified list. Meanwhile, the demand table above shows exactly how much South Korea imports — and our European coverage (27,000+ screened records) is live today.
Landed cost & Incoterms
EXW → FOB → CIF → freight → insurance → duty → local charges → landed cost.
Trade fairs in South Korea
Latest South Korea trade news
Engineering Goods & Machinery → South Korea: questions exporters ask
Can I export Engineering Goods & Machinery from India to South Korea?
Yes. Engineering Goods & Machinery is traded under HS 847989. South Korea applies a 6.67% MFN (applied) duty (2023). You will need the standard Indian export documentation set plus any product-specific certification required by South Korea.
What is the HS code for Engineering Goods & Machinery?
Engineering Goods & Machinery falls under HS 847989 (related codes: 847989, 841989, 730890). Confirm the exact 8-digit national code with our HS code finder before filing the shipping bill.
How much import duty does South Korea charge on Engineering Goods & Machinery?
6.67% — MFN (applied), as reported to World Bank WITS / UNCTAD TRAINS for 2023. A preferential rate of 0% applies under PREF. Verify against the current South Korea customs tariff before contracting.
What export incentive can I claim from India?
RoDTEP at 1% of FOB value (DGFT Appendix 4R (RoDTEP schedule), effective 2026-05-01). It is issued as a transferable e-scrip. Confirm the exact 8-digit rate in Appendix 4R.
How big is the South Korea market for Engineering Goods & Machinery?
South Korea imported $1.22B in 2024 — 2.24% of world imports and rank #9 of 221 importing countries (OEC World (BACI / UN Comtrade)).
Which documents do I need?
Commercial invoice, packing list, shipping bill, bill of lading or airway bill and certificate of origin are the baseline. Preferential duty requires a valid origin certificate. Food, pharma and plant products additionally need phytosanitary, health or regulatory certificates for South Korea.
Are there verified buyers for Engineering Goods & Machinery in South Korea?
Buyer coverage for South Korea is still being ingested. Every record is sanctions-screened before publication, so we would rather show nothing than show an unverified list.
What will the landed cost be?
Landed cost = FOB + freight + insurance + 0% duty + local taxes and handling. Run the landed cost calculator for a worked figure in your own currency and Incoterm.
Engineering Goods & Machinery to other markets
Same product, ranked by that market's own import demand.
Other products to South Korea
Same market, other product families we publish.