If you are looking for a company to help you ship cargo from Korea to Malaysia then M&P International Freights is the one for you.
We offer a range of services that will cater to all your shipment needs such as freight forwarding, customs clearance, warehousing and cargo insurance.
Read on to find more!
How long does it take to ship from Korea to Malaysia?
The shipping time from Korea to Malaysia differs based on whether you opt for air or sea shipping.
While sea shipping takes longer, it also costs less.
Shipping from Korea to Malaysia by sea takes between 8-10 days.
For sea freight, there are two different types of shipments to choose from:
- Less than Container Load (LCL) and
- Full Container Load (FCL)
Less than Container Load (LCL)
LCL shipping is considered a form of group shipping.
In the event that your cargo cannot fully fill up a shipping container by itself, it will share a container with other smaller cargo.
Full Container Load (FCL)
FCL shipping is when the goods in one entire container comes from the same shipper.
However, this does not mean that the container is fully loaded with cargo.
As compared to LCL, FCL is generally cheaper per unit of freight, more secure, requires less transit time and has lower risk of damaged cargo.
Need to ship your goods from Korea to Malaysia? Contact us today for a free shipping quotation!
Tariffs and taxes for shipping from Korea to Malaysia
Exports are exempted from tax in Korea while Malaysia imposes a tariff rate ranging from 0 to 50% of the value of the imported cargo. On average, a tariff of 6.1% is paid for industrial goods.
Imported goods are also subject to a 6% goods and service tax (GST) in Malaysia.
However, under the ASEAN-Korea Free Trade Agreement (AKFTA), 80% of goods are exempted from duties when trading between Korea and Malaysia.
Benefits of engaging a freight forwarder
There will be low-risk of your cargo getting damaged as freight forwarders have a team of experienced professionals that will ensure your goods are handled and shipped safely.
You can set your mind at ease as you will not have to worry about any form of documentation. All paperwork will be efficiently and accurately done up by the freight forwarding company.
Money can be saved on shipment as freight forwarders can attain lower rates with shipping companies that transport cargo in bulk. Overall, freight forwarders can provide you with valuable advice with regards to service charges, insurance etc.
Interested in finding out how you can ship your goods from Korea to Malaysia? Contact us today and our sales team will get back to you ASAP.