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Export HS Code 381230 (Anti-oxidising preparations and other compound stabilisers f...) to South Korea

HS Code Details

Code381230
DescriptionAnti-oxidising preparations and other compound stabilisers for rubber or plastics:
Chapter38
SectionVI β€” Chemical Products
Duty RatePreferential rate may apply

πŸ‡°πŸ‡· South Korea

CapitalSeoul
CurrencyWon
RegionEastern Asia
India Export Rank#13
Trade AgreementAPTA, India-Korea CEPA

India–South Korea Trade Data for HS 3812

India exported $21.22M worth of anti-oxidising preparations and other compound stabilisers for rubber or plastics: (HS 3812) to South Korea in 2024. This represents a 17.3% increase from 2023.

India also imported $49.05M of this product category from South Korea in 2024.

Export Trend (USD)

2023
$18.09M
2024
$21.22M

Exporting Anti-oxidising preparations and other compound stabilisers f... 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 anti-oxidising preparations and other compound stabilisers for rubber or plastics: (HS Code 381230) 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 381230, 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 5–15 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 38

Other Export Destinations for Anti-oxidising preparations and other compound stabilisers f...

Export Anti-oxidising preparations and other compound stabilisers f... to South Korea with XIMPEX

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