Knowledge · Vietnam FTAs · Regional, multi-country
RCEP Regional Comprehensive Economic Partnership
The Regional Comprehensive Economic Partnership joins the ten ASEAN members with China, Japan, Korea, Australia and New Zealand. It is the world's largest trade bloc, covering about 30% of world GDP.
- Type
- Regional, multi-country
- Signed
- 15 Nov 2020
- In force for Vietnam
- 1 Jan 2022
- Partner markets
- 14
- Proof of origin
- Form RCEP
Overview
What it changes for buyers
- 01
Members will remove duties on about 90% of tariff lines over up to 20 years
- 02
One common rule of origin with full cumulation across 15 economies
- 03
First trade agreement between China, Japan and Korea
- 04
Approved exporters can issue origin declarations instead of certificates
Partner markets
Markets covered by RCEP
Open a country for its ports, airports and every agreement that applies.
Rules of origin
How goods qualify
Regional value content of at least 40%, or a change of tariff heading, with cumulation across all RCEP members.
Proof of originForm RCEP
Product groups that gain most
- Electronics and electrical goods
- Machinery components
- Garments made from regional fabric
- Processed food
Sourcing tip
RCEP's strength is cumulation: Chinese, Japanese or Korean inputs count as originating. Products that fail other agreements' origin rules because of Chinese parts can often qualify under RCEP.
Other agreements with these markets
- ACFTA2005 ASEAN–China Free Trade Area Open the guide →
- AKFTA2007 ASEAN–Korea Free Trade Area Open the guide →
- AJCEP2008 ASEAN–Japan Comprehensive Economic Partnership Open the guide →
- VJEPA2009 Vietnam–Japan Economic Partnership Agreement Open the guide →
- AANZFTA2010 ASEAN–Australia–New Zealand Free Trade Area Open the guide →
- ATIGA2010 ASEAN Trade in Goods Agreement Open the guide →
- VKFTA2015 Vietnam–Korea Free Trade Agreement Open the guide →
- CPTPP2019 Comprehensive and Progressive Agreement for Trans-Pacific Partnership Open the guide →
Status as of October 2026, based on the WTO Center of VCCI and official partner announcements. Tariff commitments and origin rules vary by product: check the legal text or ask us before you rely on a preferential rate.
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Source from Vietnam under RCEP
Tell us the product and the destination. We check the origin rule and the preferential duty under RCEP and quote accordingly.
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