January 31, 2008

Agricultural equipment accounted for less than one percent of total U.S industrial exports to Korea in 2006, totaling nearly $43 million. The top U.S. exports in this sector included tractors, lawn mowers, and straw balers. Korean tariffs range between zero and eight percent. One hundred percent of U.S. agricultural equipment exports will receive duty-free treatment immediately upon implementation of the Agreement, including high-trade U.S. products such as tractors, mowers, and balers.

Source: Prepared by the International Trade Administration