China to South Korea Trade Corridor
China to South Korea: $310.0B bilateral trade, +0.5% YoY, rank #5 corridor, 5.8% average applied tariff, FTA status: FTA Active.
Key facts
- Bilateral trade: $310.0B
- Year on year growth: +0.5%
- Corridor rank: #5 on ExportIQ
- Average applied tariff: 5.8%
- Trade agreement status: FTA Active
- Typical transit time: 2-4 days
- Key ports: Busan, Incheon, Shanghai, Qingdao
Trade relationship
China and South Korea maintain an extensive trade relationship anchored by semiconductor supply chains, electronic components, and chemicals. South Korea exports intermediate goods for assembly in China.
Top traded products between China and South Korea
The largest product groups on this corridor are Electrical machinery and semiconductors, Machinery, Organic chemicals. Together they make up 44.2% of bilateral trade.
| HS Chapter | Product | Value | Share |
|---|---|---|---|
| 85 | Electrical machinery and semiconductors | $80.0B | 25.8% |
| 84 | Machinery | $35.0B | 11.3% |
| 29 | Organic chemicals | $22.0B | 7.1% |
| 39 | Plastics | $18.0B | 5.8% |
| 72 | Iron and steel | $12.0B | 3.9% |
| 90 | Optical instruments | $10.0B | 3.2% |
Tariffs and trade agreements
The average applied tariff is 5.8%. Free trade agreement status: FTA Active.
Applicable trade agreements:
- RCEP
- China-Korea FTA
Required certifications
Exporters on this corridor should expect to provide 4 certifications.
- KS
- KC
- CCC
- ISO 9001
Trade logistics and key ports
Estimated transit time is 2-4 days. The corridor runs through 4 key ports.
- Busan
- Incheon
- Shanghai
- Qingdao
Check duty and demand for your product on this corridor
Questions, answered
- What are the top products traded between China and South Korea?
- Electrical machinery and semiconductors, Machinery, Organic chemicals
- What is the average tariff rate for China to South Korea trade?
- The average applied tariff rate is 5.8%. FTA status: FTA Active.
- How long does shipping take from China to South Korea?
- Typical transit time is 2-4 days via Busan and Incheon.
- How large is trade between China and South Korea?
- Bilateral trade is $310.0B, up 0.5% year on year. It ranks #5 among the corridors ExportIQ tracks.
- Which certifications are required for China to South Korea exports?
- Required certifications: KS, KC, CCC, ISO 9001.