# South Korea exports to Canada: Trade Route Risk | Yugalinks

Understand reported exports from South Korea to Canada, the product routes that need a closer look, and the conditions that may affect planning.

Canonical: https://www.yugalinks.com/trade/corridor/KOR-CAN/risk

## Route overview

In 2024, South Korea reported $11.5B in goods exports to Canada. The overall review level is High attention.

## How to read this page

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain. An HS6 code is the international six-digit code used to describe and compare traded goods.

## Key numbers

| Measure | Value | What it means |
| --- | ---: | --- |
| Latest reported exports | $11.5B | 2024 route total |
| Exports needing review | 51% | Share of route exports |
| Highest-priority products | 14 | Need the closest review |
| Products needing review | 367 | High-attention product types |
| Export volatility | 1.2 | Higher means bigger yearly swings |
| Below highest year | 15.5% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 870323 | Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc | $15.4B | 4% | Stable |
| 2 | 870380 | Vehicles: with only electric motor for propulsion | $7.3B | 0% | Watch |
| 3 | 870322 | Vehicles: with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500cc | $3.1B | 0% | High attention |
| 4 | 851712 | Telephones for cellular networks or for other wireless networks | $6.2B | 8.9% | High attention |
| 5 | 870324 | Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000cc | $6.6B | 1.3% | High attention |
| 6 | 870340 | Vehicles: with both spark-ignition internal combustion piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power | $2.9B | 14.5% | Watch |
| 7 | 271019 | Not reported | $5.7B | 0% | High attention |
| 8 | 870360 | Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric power | $2.3B | 0% | High attention |
| 9 | 300215 | Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale | $4.3B | 64.3% | High attention |
| 10 | 721070 | Iron or non-alloy steel: flat-rolled, width 600mm or more, painted, varnished or coated with plastics | $280.6M | 0% | High attention |

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.