Medical Devices Import Duty & Landed Cost: South Korea to Mexico
Full 2026 tariff breakdown, customs duty calculations, and compliance alerts for importing into Mexico.
2026 Tariff & Cost Breakdown for Importing Medical Devices
Medical Devices imported into Mexico incur an 8.5% customs duty rate and 20% VAT rate. Duties are calculated on CIF value in MXN. The total cost includes CIF value, customs duty, and VAT.
Cost Breakdown
| Component | Rate | Amount |
|---|---|---|
| Product Value | — | USD 15000.00 |
| Shipping | — | USD 1200.00 |
| Insurance | — | USD 150.00 |
| CIF Value | — | USD 16350.00 |
| Customs Duty | 8.5% | USD 1389.75 |
| VAT/GST | 20% | USD 3547.95 |
| Total Landed Cost | — | USD 21287.70 |
HS Code Classification for Medical Devices
Primary HS Code: 9018.90 — What It Covers
HS 9018.90 classifies Medical Devices, including equipment and parts. This code applies to specific medical products. The Servicio de Administración Tributaria enforces HS code compliance.
Why Misclassification Carries Risk in Mexico
Servicio de Administración Tributaria enforces a penalty mechanism: duty reassessment and fine for misclassification. Accurate HS code classification is critical.
Step-by-Step Guide: Importing Medical Devices from South Korea to Mexico
Step 1: Verify Your HS Code & Product Description
Use the Mexico tariff lookup tool to verify your HS code. Check for binding tariff information to ensure accuracy.
Step 2: Gather Required Import Documents
Commercial Invoice Requirements
The commercial invoice must include the seller's name, buyer's name, product description, quantity, and CIF value in MXN.
Certificate of Origin
A Certificate of Origin is required for customs clearance. Mexico accepts the NAFTA Certificate of Origin format.
Packing List & Shipping Documents
A bill of lading or airway bill is required, including specific Mexico requirements such as the shipper's and consignee's names.
Step 3: Calculate Your Landed Cost
Calculate your landed cost using the formula: CIF Value + Customs Duty (8.5% of CIF) + VAT/GST (20% of CIF + Duty) = Total Landed Cost in MXN.
Step 4: Submit to Mexico Customs Authority
Servicio de Administración Tributaria requires an electronic declaration prior to customs clearance through Mexico's pedimento system.
Step 5: Pay Duties & Clear Goods
Pay duties and clear goods through accepted payment methods. Typical clearance timelines vary, but expect several days for processing.
How to Legally Reduce Duty on Medical Devices Imports into Mexico
Applicable Free Trade Agreements in 2026
No bilateral Free Trade Agreement exists between South Korea and Mexico as of 2026, affecting Medical Devices import duty.
Duty Deferral Options: Bonded Warehouses & FTZs
Almacenes Generales de Depósito offers duty deferral options in Mexico. Duty deferral works by delaying duty payment until goods are released from the bonded warehouse.
Preferential Tariff Programs
No preferential tariff programs currently apply to Medical Devices from South Korea, including no reduced rates or exemptions.
Mexico Customs Compliance Rules for Medical Devices
Servicio de Administración Tributaria Requirements for Medical Devices
Servicio de Administración Tributaria requires specific filing and documentation, including NOM and ISO 13485 certifications for Medical Devices.
De Minimis Threshold
The de minimis threshold is 200 MXN, meaning shipments below this value are exempt from duties and taxes, simplifying the import process.
Frequently Asked Questions About Medical Devices Import Duty from South Korea to Mexico
What is the duty rate for Medical Devices from South Korea to Mexico?
The duty rate is 8.5%. This rate applies to all Medical Devices imported from South Korea. Verify with a licensed customs broker for the most up-to-date information.
What documents are required for importing Medical Devices into Mexico?
A commercial invoice, Certificate of Origin, and packing list are required. Additional documents may be necessary, such as a bill of lading or airway bill.
Is there a Free Trade Agreement between South Korea and Mexico for Medical Devices?
No, there is no bilateral Free Trade Agreement between South Korea and Mexico as of 2026. This affects Medical Devices import duty and compliance.
What are the penalties for non-compliance with Mexico customs regulations?
Servicio de Administración Tributaria enforces penalties, including duty reassessment and fines, for non-compliance. Accurate documentation and compliance are critical.
What is the typical clearance timeline for Medical Devices imports into Mexico?
The clearance timeline varies, but expect several days for processing. Factors such as documentation accuracy and customs workload affect clearance times.
Are there any special considerations for importing Medical Devices that require refrigeration?
Yes, Medical Devices that require refrigeration need special handling and documentation. Additional permits and inspections may be necessary to ensure compliance and product integrity.