Wire Import Duty & Landed Cost: Brazil to South Korea

2026 Tariff & Cost Breakdown for Importing Wire

The total cost of importing wire from Brazil to South Korea includes a 5% duty and a 10% VAT based on the CIF value in USD. This means that importers must calculate their costs carefully, considering the CIF value, duty, and VAT to determine the total landed cost.

HS Code Classification for Wire

Primary HS Code: 4707.200000 — What It Covers

The primary HS code for wire is 4707.200000, which covers wire products from Brazil. Korea Customs Service requires accurate HS code classification to avoid misclassification penalties.

Why Misclassification Carries Risk in South Korea

Misclassifying wire products under the wrong HS code can result in fines and potential confiscation of goods by the Korea Customs Service.

Step-by-Step Guide: Importing Wire from Brazil to South Korea

Step 1: Verify Your HS Code & Product Description

Importers must verify their HS code and product description to ensure compliance with Korea Customs Service regulations. This involves checking the HS code and product description against the Ministry of Trade, Industry and Energy requirements.

Step 2: Gather Required Import Documents

Importers must gather all required import documents, including a commercial invoice, certificate of origin, and packing list. The Korea Customs Service requires these documents to clear goods.

Commercial Invoice Requirements

A commercial invoice must include the HS code, product description, quantity, and value of the wire products.

Certificate of Origin

A certificate of origin is required to prove the country of origin of the wire products, which is Brazil in this case.

Packing List & Shipping Documents

A packing list and shipping documents, such as a bill of lading, are required to facilitate the clearance process.

Step 3: Calculate Your Landed Cost

The landed cost is calculated by adding the CIF value in USD, duty (5% of CIF value), and VAT (10% of CIF value + duty). The formula is: CIF + (5% of CIF) + (10% of CIF + duty) = Total.

Step 4: Submit to South Korea Customs Authority

Importers must submit their import declaration and required documents to the Korea Customs Service for clearance.

Step 5: Pay Duties & Clear Goods

After clearance, importers must pay the required duties and VAT to release their wire products from customs.

How to Legally Reduce Duty on Wire Imports into South Korea

Applicable Free Trade Agreements in 2026

There is no bilateral Free Trade Agreement between Brazil and South Korea that applies to wire imports, meaning no preferential tariffs are available.

Duty Deferral Options: Bonded Warehouses & FTZs

Importers can consider using a Free Trade Zone (FTZ) program to defer duty payments on their wire imports. This involves storing the goods in a designated FTZ area.

Preferential Tariff Programs

No preferential tariff programs apply to wire imports from Brazil to South Korea, so importers must pay the standard duty rate of 5%.

South Korea Customs Compliance Rules for Wire

Korea Customs Service Requirements for Wire

The Korea Customs Service requires importers to comply with the Act on the Promotion of the Electronics Industry, which includes meeting specific safety and performance standards for electronic products containing wire. Additionally, importers must obtain KC Mark and KS Certificate certifications.

De Minimis Threshold

The de minimis threshold for wire imports into South Korea is 200 USD, below which no duty or VAT is payable.

Frequently Asked Questions About Wire Import Duty from Brazil to South Korea

Rates are based on 2026 tariff schedules. Verify with a licensed customs broker before making import decisions.