What Is Regional Value Content (RVC)?

Regional value content, or RVC, measures the share of a product’s value attributed to originating regional inputs and production under a stated trade agreement formula.

Regional value content, or RVC, measures the share of a product’s value attributed to originating regional inputs and production under a stated trade agreement formula.

Regional Value Content (RVC): buyer checks

Regional Value Content (RVC): buyer checks
CheckpointQuestion to resolve
EntityWhich legal business will contract, invoice and receive payment?
Site or basisWhich facility, standard or rule supports the supplier’s claim?
ReleaseWhat evidence must be approved before the order, shipment or payment proceeds?

How should buyers evaluate Regional Value Content (RVC)?

Use the formula, cost definitions, valuation basis and threshold in the applicable agreement and product-specific rule. Fix the calculation period and treatment of non-originating materials before computing the percentage.

What documents support Regional Value Content (RVC)?

Keep the bill of materials, input origin, import values, labor and overhead support where required, FOB basis, calculation and reviewer approval.

RVC is agreement-specific. A percentage calculated for management reporting cannot support a preference claim unless it follows the governing origin rule and evidence requirements.

Official reference: ASEAN Trade in Goods Agreement. Check the current rule and scope before using it for a transaction.

Related Terms