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Knowledge · Vietnam FTAs · ASEAN agreement

AKFTA ASEAN–Korea Free Trade Area

The ASEAN–Korea Free Trade Area cut duties between Korea and ASEAN from 2007. For Vietnam it has largely been overtaken by the deeper bilateral VKFTA, but it remains useful for some products.

Source from Vietnam under AKFTA All Vietnam FTAs
Type
ASEAN agreement
Signed
24 Aug 2006
In force for Vietnam
1 Jun 2007
Partner markets
1
Proof of origin
Form AK

Overview

What it changes for buyers

  • 01

    Korea eliminated duties on about 90% of tariff lines for ASEAN goods

  • 02

    Allows cumulation with inputs from all ASEAN members

  • 03

    Sometimes gives a better rate than VKFTA on specific lines; compare both

Partner markets

Markets covered by AKFTA

Open a country for its ports, airports and every agreement that applies.

FijiTanzaniaCanadaUnited StatesKazakhstanUzbekistanPapua New GuineaIndonesiaArgentinaChileDR CongoSomaliaKenyaChadHaitiDominican RepublicRussiaBahamasNorwayTimor-LesteSouth AfricaLesothoMexicoUruguayBrazilBoliviaPeruColombiaPanamaCosta RicaNicaraguaHondurasEl SalvadorGuatemalaBelizeVenezuelaGuyanaSurinameFranceEcuadorJamaicaCubaZimbabweBotswanaNamibiaSenegalMaliMauritaniaBeninNigerNigeriaCameroonTogoGhanaIvory CoastGuineaGuinea-BissauLiberiaSierra LeoneBurkina FasoCentral African RepublicCongoGabonEquatorial GuineaZambiaMalawiMozambiqueEswatiniAngolaBurundiIsraelLebanonMadagascarGambiaTunisiaAlgeriaJordanUnited Arab EmiratesQatarKuwaitIraqOmanVanuatuCambodiaThailandLaosMyanmarVietnamSouth KoreaMongoliaIndiaBangladeshBhutanNepalPakistanAfghanistanTajikistanKyrgyzstanTurkmenistanSyriaArmeniaSwedenBelarusUkrainePolandAustriaHungaryMoldovaRomaniaLithuaniaLatviaEstoniaGermanyBulgariaGreeceTürkiyeAlbaniaCroatiaSwitzerlandLuxembourgBelgiumNetherlandsPortugalSpainIrelandSolomon IslandsNew ZealandAustraliaSri LankaChinaItalyDenmarkUnited KingdomIcelandAzerbaijanGeorgiaPhilippinesMalaysiaBruneiSloveniaFinlandSlovakiaCzechiaEritreaJapanParaguayYemenSaudi ArabiaCyprusMoroccoEgyptEthiopiaDjiboutiUgandaRwandaBosnia and HerzegovinaNorth MacedoniaSerbiaMontenegroTrinidad and TobagoAndorraAntigua and BarbudaBahrainBarbadosComorosCape VerdeDominicaMicronesiaGrenadaKiribatiSaint Kitts and NevisSaint LuciaLiechtensteinMonacoMaldivesMarshall IslandsMaltaMauritiusNauruPalauSingaporeSan MarinoSão Tomé and PríncipeSeychellesTongaTuvaluSaint Vincent and the GrenadinesSamoa

Rules of origin

How goods qualify

Regional value content of at least 40%, or a change of tariff heading.

Proof of originForm AK

Product groups that gain most

  • Electronics components
  • Garments
  • Wood products
  • Processed food

Sourcing tip

Ask your customs broker to compare AKFTA, VKFTA and RCEP rates line by line. Exporters can issue Form AK or Form VK for the same goods, depending on which gives the lower rate.

Other agreements with these markets

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 AKFTA

Tell us the product and the destination. We check the origin rule and the preferential duty under AKFTA and quote accordingly.

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