Information about transport South Korea
Many of our shipments go to and from Asia. Besides China, South Korea is also a frequently visited country. Incheon in particular is an airfreight destination, where we also unload many containers.
Obviously, Embassy Freight also has an agent in Busan. This city is also referred to as Pusan. We offer the following services for all your shipments (export, import, cross trades and the preparation of customs documents):
- Sea Freight – LCL shipments
- Sea Freight – FCL shipments
- Air Freight
The major trading cities in South Korea are:
- Busan (Pusan)
We have no office of our own in South Korea, but we do have good partnerships with reliable agents.
Would you like to know where our offices are located? Visit www.embassyfreight.com.
Required transport documents for export and import South Korea
- Commercial invoice: Customs clearance of goods requires an invoice in triplicate. It must be written in English, Chinese or Korean.
- Origin declaration (invoice declaration): Goods originating in the EU may be imported at a preferential rate under the free trade agreement between South Korea and the European Union. To qualify for the preferential rates, an origin declaration on the invoice (or any other commercial document) is required
- Certificates of origin: Certificates of origin are not required unless specifically requested by the importer. A certificate of origin can be requested at the Chamber of Commerce.
- Transport documents: B/L or Air Waybill
- Packing lists: The packing list must be submitted in duplicate. It contains information about the content, dimensions and weight of the package(s).
- Single Administrative Document: The Single Administrative Document (SAD) is a standard form for, inter alia, declaring exports with the customs. We can digitally submit the declaration on your behalf.
- Other documents
Insurance Certificate: If the foreign supplier is responsible for transport insurance, an insurance certificate may be requested.
Pro forma invoice: The Korean importer may request a pro forma invoice in order to apply for an import licence and to open a letter of credit.
PLEASE NOTE: The required documents may be subject to change. We recommend that you contact your representative prior to shipping in order to check the proper documents.
Source: National Entrepreneurs Office (RvO).
South Korea Facts & Figures
South Korea, officially the Republic of Korea, is a country in Northeast Asia on the southern part of the Korean Peninsula, which became officially known as the Republic of Korea following the division of the country Korea in 1945.
- Capital city: Seoul
- President: Moon Jae-in
- Major ports: Incheon, Busan (Pusan), Seoul
- Population: 50.22 million (2013) World Bank
- Official language: Korean
- Provinces: Jeju-do, Gyeonggi-do, Gangwon-do
South Korea’s economy
Since the sixties of the last century, South Korea’s economy has been transformed from an agricultural to an industrial manufacturing industry with a large tertiary sector. The population migrated from the country to the industrial centres As a result, the South Korean population is currently concentrated in the cities; more than 85% live in urban agglomerations, particularly in and around Seoul, Busan and Daegu.
In the sixties, South Korea started its economic rise. In forty years, the country transformed from an agricultural society devastated by a civil war into an industrialised society.
In the 80s and 90s of the twentieth century the land was known as one of the Four Asian Tigers: four countries in Southeast Asia that experienced rapid and significant economic growth. This growth came to an end before the turn of the century. Nevertheless, the South Korean economy remained one of the largest in Asia and they also play an important role at a global level. South Korea is a major producer of high tech goods, and the steel sector, shipbuilding, automotive industry and production of electronic goods also ensure that South Korea continues to be a major player on the international market.