Tariff Monitor
U.S. Imports of Lifting and handling equipment From South Korea
In 2025, U.S. importers brought in $1.3B of lifting and handling equipment from South Korea, paying an effective tariff rate of 6.88%. That makes South Korea the 5th-largest named source of this family, at 9.2% of tracked lifting and handling equipment imports. The family-wide effective rate is 11.37%, so South Korea's goods pay 4.5 points less than average. Freight and insurance add 3.05% on top of customs value. Tracked-family figures are a floor on total bilateral trade, from USITC DataWeb data.
The current reading
- Import value: $1.3B of lifting and handling equipment from South Korea in 2025, customs value.
- Effective tariff rate: 6.88%, calculated duties ÷ customs value, 4.5 points below the 11.37% family average.
- Share of the family: 9.2%, #5 named source of lifting and handling equipment.
- Freight and insurance: 3.05% of customs value, on top of the duty.
- History depth: 3 years of annual named-source boards.
Frequently asked questions
- What tariff does the U.S. charge on lifting and handling equipment from South Korea? In 2025, lifting and handling equipment imported from South Korea paid an effective tariff rate of 6.88%, calculated as duties collected divided by customs value, which captures Section 301/232 overlays and program use that statutory rates miss.
- How much lifting and handling equipment does the U.S. import from South Korea? The U.S. imported $1.3B of lifting and handling equipment from South Korea in 2025, 9.2% of the tracked lifting and handling equipment it imports, ranking South Korea the 5th-largest named source. The chart above traces the full history.
- What does freight add on lifting and handling equipment from South Korea? Cost, insurance, and freight ran 3.05% of customs value on lifting and handling equipment from South Korea in 2025. That stacks on the duty, so the landed cost runs higher than the effective rate alone implies.
About this data
- Reference statistics derived from USITC published data. Not a customs ruling; verify rates with a licensed customs broker before relying on them.
Last reviewed 2026-05-12.