The economic connection between South Korea and Canada is strong with bilateral trade in goods and services totalling over $20 billion per year. Major exports from Canada to South Korea include wood products, mineral fuels, and machinery. Meanwhile, South Korea exports vehicles, machinery, and electronics to Canada.
Strategies for Shipping from Korea to Canada
Additionally, both countries have have the Canada-Korea Free Trade Agreement. The CKFTA makes it more cost-effective for Canadian and Korean businesses to trade with each other. Among the main benefits is duty free import for qualifying goods. Finding the right shipping solution necessary for businesses to buy and sell their goods between Canada and South Korea.
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Compare Shipping Rates and Delivery Times from Korea to Canada
To compare shipping rates between South Korea and Canada, you can consider the following carriers:
- DHL: A global leader in international shipping with reliable shipping services between South Korea and Canada.
- FedEx: A leading American carriers with courier services between South Korea and Canada.
- UPS : A global international shipping company that provides a range of air options.
- Supply Chain Solutions: There are many forwarders and third party providers that give access to major carriers along with logistics support.
- Korean Postal Service: The postal shipping options, including EMS and packet shipping are generally the best option for individuals shipping personal shipments between South Korea and Canada.
Top Carrier Services for Safe and Reliable International Shipping
The top services to consider when shipping from South Korea include:
- Ocean Freight: Best when shipping large commercial orders with several months lead time
- Air Freight: A good option for shipments over 50 kg
- Courier: Best option for shipments up to around 30 kg. Shipments over 30 kilograms are best to request a special rate.
- Postal: The local post options are usually best for small packages and personal items.
Sea Freight Shipping from Korea to Canada
Shipping cargo from Korea to Canada
Companies can choose between air cargo and sea freight. Cargo that ships via air usually deliver within around 1 week. Ocean cargo averages between 1 to 3 months door to door.
LCL cargo from South Korea
Less than container load - LCL - is a service that shares space in a container with different consignment. It requires and additional transit time to account for loading and de-consolidation.
FCL ocean cargo South Korea to Canada
Full container loads - FCL - can ship either via a 20 or 40 foot container.
Ocean cargo versus air freight: Which is cheaper?
Ocean cargo's many surcharges can add significant costs for smaller cargo shipments. Consignments up to around 200 kilograms often have a lower price via air versus ocean.
Main categories to consider when shipping from South Korea to Canada
Customs Export Regulations From South Korea:
An declaration submission to the Korean Customs Service is necessary. Information includes the description of the goods, HS Code, the value of the goods, and consignee information.
Import Registration with Canadian Customs CARM System
Importers must both have an import number and register in CARM. This CBSA portal enables importers to assign a customs broker and requires a surety bond (or deposit). How to Register in CARM.
Download: Accompanying PDF
Importing Goods to Canada from South Korea:
All imports to Canada are subject to import duty and taxes under the Most Favour Nation rate of duty. Goods that qualify for preferential duty free import under CKFTA require a certificate of origin (see below).
Useful information regarding Canadian Import Fees
Understanding import duty and calculation
Packaging and label requirements
Goods from South Korea require a packing list. The Packaging itself must be secure and able to withstand the standard rigours of courier handling. While sufficient package is necessary, it is also important to make sure packaging is efficient to avoid unnecessary volume weight. We recommend labelling each box with both the shipper and consignee information (in addition to the carrier labels).
Understanding chargeable weight
Insurance for Goods that ship from Korea
One of the most important aspects of insurance actually has to do with packaging. Refusal of most Insurance claims is due to insufficient packaging. Be sure you document the packaging process and able to prove sufficient packaging in the event of a claim. Insurance is available via most carriers or via third parties.
Useful tips to consider when insuring your package
Benefiting from duty free import to Canada from Korea
The Korean Free Trade Agreement provides duty free import of Korean origin goods. It is important to note that the goods must be made in Korea. Just shipping from Korea does not qualify the being of Korean Origin.
Country from where goods ship versus country of origin
Verify when certificate of origin is necessary
Get a shipping Quote to Canada from South Korea
The Korean Free Trade Agreement provides duty free import
Jet Worldwide provides Asian, Canadian and global logistics. Our support facilitates the international and Canadian movement of goods.
We are happy to help with your shipping between South Korea and Canada. Provide information regarding the type of goods, shipping volume, and other factors.
