Export HS Code 290712 (Cresols and their salts:) to South Korea
HS Code Details
π°π· South Korea
IndiaβSouth Korea Trade Data for HS 2907
India exported $46.91M worth of cresols and their salts: (HS 2907) to South Korea in 2024. This represents a 46.1% increase from 2023.
India also imported $214.02M of this product category from South Korea in 2024.
Export Trend (USD)
Exporting Cresols and their salts: to South Korea
Trade Agreement Benefit: India and South Korea have a APTA, India-Korea CEPA which may offer preferential duty rates for this product category. Apply for a Certificate of Origin to claim reduced tariffs.
Exporting cresols and their salts: (HS Code 290712) from India to South Korea requires attention to documentation, packaging standards, and customs regulations. Indian exporters should ensure compliance with both DGFT export regulations and South Korea's import requirements.
Key considerations include proper classification under HS 290712, accurate valuation, and meeting any product-specific standards or certifications required by South Korea. Payment terms commonly used include Letter of Credit (L/C), Documents against Payment (D/P), and advance payment.
Shipping from India to South Korea typically takes 5β15 days by sea, depending on the port of origin and destination. Major Indian ports serving this route include JNPT (Mumbai), Mundra, and Chennai.
Documentation Required
Commercial Invoice
Detailed invoice with buyer/seller details, product description, quantity, price, and Incoterms.
Packing List
Itemized list of contents, weights, dimensions, and package markings for each shipment unit.
Bill of Lading / Airway Bill
Transport document issued by the carrier confirming receipt of goods for shipment.
Certificate of Origin
Certifies that goods originate from India. Required for preferential tariff treatment under trade agreements.
Shipping Bill
Filed with Indian Customs for export clearance. Generated through ICEGATE.
Letter of Credit / Bank Documents
Payment guarantee instrument. Commonly used for first-time trade partners.
Insurance Certificate
Proof of marine/cargo insurance covering the shipment against loss or damage.
Material Safety Data Sheet (MSDS)
Required for chemical shipments detailing handling, storage, and emergency measures.
Related HS Codes in Chapter 29
Other Export Destinations for Cresols and their salts:
Export Cresols and their salts: to South Korea with XIMPEX
From documentation to logistics and compliance β XIMPEX provides end-to-end export support for your South Korea trade.