Korea Certified Customs Attorney FTA Hong

  The European Free Trade Association (EFTA) is an FTA between four countries in Western Europe that are not part of the European Union (EU), and is the first FTA to target a regional bloc.  EFTA is composed of Switzerland, Norway, Iceland, and Liechtenstein.   As of 2022, the export utilization rate of the Korea-EFTA FTA is 61.4% and the import utilization rate is 75.7%. In terms of FTA utilization by industry, machinery is the highest at 94.2% for exports and miscellaneous products is the lowest at 0.0%. For imports, steel and metal products have the highest utilization rate of 92.4% and miscellaneous products have the lowest utilization rate of 17.8%. (Unit: Thousands of dollars) Category FTA total amount FTA preference eligible exports and imports Apply actual FTA preferential tariffs utilization rate(%) amount amount Export Korea-EFTA FTA 1,995,979 397,768 244,122 61.4 Import 5,241,187 3,959,127 2,998,094 75.7 Recently, the Korea-EFTA FTA underwent a major revision. the The Ha