{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:18.565Z",
  "seo": {
    "title": "Georgia exports to South Korea: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Georgia to South Korea, the product routes that need a closer look, and the conditions that may affect planning."
  },
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "email": "support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "exporter": {
    "iso3": "GEO",
    "country_name": "Georgia"
  },
  "importer": {
    "iso3": "KOR",
    "country_name": "South Korea"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "GEO",
    "importer_iso3": "KOR",
    "all_history_lane_count": 67,
    "current_lane_count": 11,
    "current_product_count": 11,
    "first_observed_last_year": 1998,
    "latest_data_year": 2024,
    "current_trade_usd": 4834961.4619255625,
    "attention_trade_usd": 1593537.0881255637,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 3858511.674935135,
    "unrecovered_drawdown_trade_usd": 2505862.1545273215,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 4002237.2855923735,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 1,
    "high_volatility_lane_count": 9,
    "unrecovered_drawdown_lane_count": 4,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 7,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 1.4074587078616976,
    "trade_weighted_below_peak_pct": 56.052153756359786,
    "product_concentration_hhi": 1752.7676210662366,
    "top1_product_share_pct": 32.95863060490507,
    "top3_product_share_pct": 58.45470374043654,
    "top_product_hs6": "720230",
    "top_product_trade_usd": 1593537.0881255637,
    "top_product_description": "Ferro-alloys: ferro-silico-manganese",
    "top_attention_product_hs6": "720230",
    "top_attention_product_reason": "Current trade remains more than 50% below its historical peak",
    "distance_km": 6783.19873046875,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 10.830533527586207,
    "avg_mfn_tariff_pct": 10.830533527586207,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 8,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 1798533.915091,
    "buyer_gdp_pc_latest": 34758,
    "buyer_population_latest": 51744.877,
    "buyer_gdp_5y_cagr_pct": 1.3815058218118237,
    "buyer_gdp_pc_5y_cagr_pct": 1.3868953035443221,
    "buyer_population_5y_cagr_pct": -0.00531575773807802,
    "buyer_investment_5y_avg_pct": 32.412,
    "buyer_savings_5y_avg_pct": 34.20399999999999,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 32.95863060490507,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_buyer_markets"
    ],
    "attention_level": "Watch",
    "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 1798533.915091,
    "buyer_gdp_pc_2024": 34758,
    "buyer_population_2024": 51744.877
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 4037.5282999743195,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 10066.28097731292,
      "yoy_growth_pct": 149.31790514946846,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 739130.3270916576,
      "yoy_growth_pct": 7242.635564787902,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 340494.33659415017,
      "yoy_growth_pct": -53.9331124547503,
      "cagr_3y_pct": 338.5287837275352
    },
    {
      "year": 1999,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 411772.6171721523,
      "yoy_growth_pct": 20.933763918359038,
      "cagr_3y_pct": 244.55837037161112
    },
    {
      "year": 2000,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 1772490.2413409112,
      "yoy_growth_pct": 330.4536453913533,
      "cagr_3y_pct": 33.85079147774357
    },
    {
      "year": 2001,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 3026832.3540655654,
      "yoy_growth_pct": 70.76722249120697,
      "cagr_3y_pct": 107.15376212126544
    },
    {
      "year": 2002,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 4816726.502535179,
      "yoy_growth_pct": 59.134234707960374,
      "cagr_3y_pct": 127.00295374760593
    },
    {
      "year": 2003,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 9598367.842679344,
      "yoy_growth_pct": 99.27159737276867,
      "cagr_3y_pct": 75.60539148124646
    },
    {
      "year": 2004,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 3263496.076612138,
      "yoy_growth_pct": -65.9994685544251,
      "cagr_3y_pct": 2.54116386322496
    },
    {
      "year": 2005,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 9814982.677097537,
      "yoy_growth_pct": 200.7505585018674,
      "cagr_3y_pct": 26.778570339438403
    },
    {
      "year": 2006,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 4549284.469929122,
      "yoy_growth_pct": -53.6495924690269,
      "cagr_3y_pct": -22.032208089320626
    },
    {
      "year": 2007,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 3954613.8064415795,
      "yoy_growth_pct": -13.071740565320322,
      "cagr_3y_pct": 6.612221872270552
    },
    {
      "year": 2008,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 7494926.855787888,
      "yoy_growth_pct": 89.5236102089052,
      "cagr_3y_pct": -8.597244789621206
    },
    {
      "year": 2009,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 12967705.194787731,
      "yoy_growth_pct": 73.01976982968874,
      "cagr_3y_pct": 41.78817462467806
    },
    {
      "year": 2010,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 27175813.133704305,
      "yoy_growth_pct": 109.56532189386454,
      "cagr_3y_pct": 90.11927804446596
    },
    {
      "year": 2011,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 33713884.01165033,
      "yoy_growth_pct": 24.05841858633222,
      "cagr_3y_pct": 65.07467965982255
    },
    {
      "year": 2012,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 32506883.867153093,
      "yoy_growth_pct": -3.5801278312523777,
      "cagr_3y_pct": 35.84304364643371
    },
    {
      "year": 2013,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 6899939.545873582,
      "yoy_growth_pct": -78.77391270700758,
      "cagr_3y_pct": -36.678055025832315
    },
    {
      "year": 2014,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 18123948.85615737,
      "yoy_growth_pct": 162.66822681071397,
      "cagr_3y_pct": -18.689241340813577
    },
    {
      "year": 2015,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 11660024.168412471,
      "yoy_growth_pct": -35.66510112694821,
      "cagr_3y_pct": -28.948262336991593
    },
    {
      "year": 2016,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 21683166.26251923,
      "yoy_growth_pct": 85.96158935296121,
      "cagr_3y_pct": 46.47352660569377
    },
    {
      "year": 2017,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 32010438.893520392,
      "yoy_growth_pct": 47.62806550467922,
      "cagr_3y_pct": 20.87772200484064
    },
    {
      "year": 2018,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 58397354.429641426,
      "yoy_growth_pct": 82.43222038877549,
      "cagr_3y_pct": 71.09260576146323
    },
    {
      "year": 2019,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 17265151.99732727,
      "yoy_growth_pct": -70.43504424823088,
      "cagr_3y_pct": -7.3136239332480475
    },
    {
      "year": 2020,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 12517766.281351324,
      "yoy_growth_pct": -27.496923958218645,
      "cagr_3y_pct": -26.872891190729963
    },
    {
      "year": 2021,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 11426155.609480772,
      "yoy_growth_pct": -8.720490919348833,
      "cagr_3y_pct": -41.94553143526388
    },
    {
      "year": 2022,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 10157808.034329398,
      "yoy_growth_pct": -11.100387728826068,
      "cagr_3y_pct": -16.20658990878139
    },
    {
      "year": 2023,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 9697097.471250517,
      "yoy_growth_pct": -4.5355313028348165,
      "cagr_3y_pct": -8.158639732633755
    },
    {
      "year": 2024,
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "export_value_usd": 12145903.53088849,
      "yoy_growth_pct": 25.252979738504997,
      "cagr_3y_pct": 2.0571017731795926
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "hs_code": "720230",
      "hs_description": "Ferro-alloys: ferro-silico-manganese",
      "buyer_imports_latest_usd": 157031668.07522118,
      "current_below_peak_pct": 79.63989966660567,
      "lane_volatility_cv": 1.8286895764779902,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "hs_code": "610990",
      "hs_description": "T-shirts, singlets and other vests: of textile materials (other than cotton), knitted or crocheted",
      "buyer_imports_latest_usd": 410352135.0471252,
      "current_below_peak_pct": 42.82250306358617,
      "lane_volatility_cv": 1.0948887041689985,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "hs_code": "620213",
      "hs_description": "Coats: women's or girls', overcoats, raincoats, car-coats, capes, cloaks and similar articles, of man-made fibres, other than those of heading no. 6204 (not knitted or crocheted)",
      "buyer_imports_latest_usd": 215348273.5591831,
      "current_below_peak_pct": 48.78068822935292,
      "lane_volatility_cv": 0.6685915198866598,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "hs_code": "230120",
      "hs_description": "Flours, meals and pellets: of fish or of crustaceans, molluscs or other aquatic invertebrates",
      "buyer_imports_latest_usd": 106007671.88311923,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.444933826986858,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "hs_code": "281290",
      "hs_description": "Halides and halide oxides of non-metals: excluding chloride",
      "buyer_imports_latest_usd": 62905129.5449094,
      "current_below_peak_pct": 90.83646428075144,
      "lane_volatility_cv": 1.907240663825302,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "hs_code": "284590",
      "hs_description": "Isotopes (excluding those of heading no. 2844): compounds, inorganic or organic, of such isotopes, whether or not chemically defined",
      "buyer_imports_latest_usd": 210814976.81141323,
      "current_below_peak_pct": 94.37177247734702,
      "lane_volatility_cv": 0.8675342868131772,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "hs_code": "610343",
      "hs_description": "Trousers, bib and brace overalls, breeches and shorts: men's or boys', of synthetic fibres, knitted or crocheted",
      "buyer_imports_latest_usd": 126853088.49959427,
      "current_below_peak_pct": 12.146487487953102,
      "lane_volatility_cv": 1.1022119138885067,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "hs_code": "611090",
      "hs_description": "Jerseys, pullovers, cardigans, waistcoats and similar articles: of textile materials (other than wool or fine animal hair, cotton or man-made fibres), knitted or crocheted",
      "buyer_imports_latest_usd": 52925533.99103711,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.278650015121089,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "hs_code": "621139",
      "hs_description": "Track suits and other garments n.e.c.: men's or boys', of textile materials n.e.c. in item no. 6211.3 (not knitted or crocheted)",
      "buyer_imports_latest_usd": 43380843.24944043,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.4572586883295762,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "GEO",
      "importer_iso3": "KOR",
      "hs_code": "220210",
      "hs_description": "Waters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured",
      "buyer_imports_latest_usd": 40189958.00242309,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.7838171249145331,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "GEO",
    "importer_iso3": "KOR",
    "distance_km": 6788,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 1,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 1798533.9150910003,
    "importer_gdp_per_capita_usd": 34757.71939879189,
    "importer_population": 51744.877,
    "importer_biz_entry_days": 8,
    "importer_biz_entry_cost_pct": 14.6,
    "exporter_gdp_million_usd": 18700.241392000004,
    "exporter_gdp_per_capita_usd": 5042.385527731414,
    "avg_applied_tariff_pct": 10.830533527586207,
    "avg_mfn_tariff_pct": 10.830533527586207,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-29",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-29"
      }
    ]
  },
  "links": {
    "canonical": "https://www.yugalinks.com/trade/corridor/GEO-KOR/risk",
    "html": "https://www.yugalinks.com/trade/corridor/GEO-KOR/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/GEO-KOR/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/GEO-KOR/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/GEO-KOR/risk/index.ld.json",
    "home": "https://www.yugalinks.com/",
    "tradeHub": "https://www.yugalinks.com/trade/",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "workspace": "https://www.yugalinks.com/app/corridors",
    "contact": "https://www.yugalinks.com/contact",
    "email": "mailto:support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}