Korea Certified Customs Attorney FTA Hong

  With the signing of the Korea-Israel FTA, Korea became the first country in the Middle East to sign an FTA with Israel, and Israel became the first country in Asia to sign an FTA with Korea.   The Korea-Israel FTA went into effect on December 1, 2022, so there is no data on FTA utilization in 2022. However, as of the first quarter of 2023, the utilization rate of the Korea-Israel FTA is 50.1% for exports and 43% for imports. In terms of FTA utilization by industry, electronic and electrical products are the highest at 66.8% for exports, while mineral and miscellaneous products are the lowest at 0.0%. For imports, miscellaneous products have the highest utilization rate of 0%, while steel and metal products have the lowest utilization rate of 9.3%.   (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-Israel FTA 2,418,304 469,954 235...