COUNTRies EXPLORER /
Korea (North)

Korea (North)

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Compliance Categories

9+

Possible Compliance Items

600+

Compliance Complexity

Tier 5
Tier 1
Tier 1
Tier 2
Tier 2
Tier 3
Tier 3
Tier 4
Tier 4
Tier 5
Tier 5

Basic Insights

VAT Rate (Standard)
N/A
De Minimis Value
N/A
Excise Taxes
Luxury goods
Special Import Procedures
State-controlled imports; no formal de minimis

Advanced Insights

Aerospace & Aviation
Art & Antiques
Automotive (Parts)
Defense & Military Equipment
E-commerce & Express
Electronics & Semiconductors
Fashion & Luxury Goods
High-End Industrial Machinery
Medical Devices & Equipment
Perishables (Food & Flowers)
Pharmaceuticals & Healthcare
Industry Sector
Avg Duties
Notes
0–20%
0–20%
10–20%
0–20%
10–20%
10–20%
20%
0–10%
0–10%
10–20%
0–10%
Data not available; trade highly restricted
Data not available; trade highly restricted
Data not available; trade highly restricted
Data not available; trade highly restricted
Data not available; trade highly restricted
Data not available; trade highly restricted
Data not available; trade highly restricted
Data not available; trade highly restricted
Data not available; trade highly restricted
Data not available; trade highly restricted
Data not available; trade highly restricted
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