{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:08.012Z", "seo": { "title": "South Korea exports to Cyprus: Trade Route Risk | Yugalinks", "description": "Understand reported exports from South Korea to Cyprus, 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": "KOR", "country_name": "South Korea" }, "importer": { "iso3": "CYP", "country_name": "Cyprus" }, "latestYear": 2024, "risk": { "exporter_iso3": "KOR", "importer_iso3": "CYP", "all_history_lane_count": 58, "current_lane_count": 42, "current_product_count": 42, "first_observed_last_year": 2003, "latest_data_year": 2024, "current_trade_usd": 48388545.58166149, "attention_trade_usd": 0, "critical_trade_usd": 0, "high_volatility_trade_usd": 34567534.17509616, "unrecovered_drawdown_trade_usd": 3066991.6259051664, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 7005202.827063423, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 0, "high_volatility_lane_count": 24, "unrecovered_drawdown_lane_count": 19, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 11, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.4270463025217124, "trade_weighted_below_peak_pct": 17.077969336739645, "product_concentration_hhi": 1715.7951796992406, "top1_product_share_pct": 33.05171147628482, "top3_product_share_pct": 59.14805106215814, "top_product_hs6": "870321", "top_product_trade_usd": 15993242.473221324, "top_product_description": "Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000cc", "top_attention_product_hs6": "", "top_attention_product_reason": "", "distance_km": 8012.45263671875, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0, "has_reported_fta": 1, "avg_applied_tariff_pct": 9.52543999090909, "avg_mfn_tariff_pct": 9.52543999090909, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 6, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 27719.33767, "buyer_gdp_pc_latest": 22803, "buyer_population_latest": 1215.588, "buyer_gdp_5y_cagr_pct": 7.5147622240935075, "buyer_gdp_pc_5y_cagr_pct": 5.7613807542020945, "buyer_population_5y_cagr_pct": 1.0891364389583824, "buyer_investment_5y_avg_pct": 20.394000000000002, "buyer_savings_5y_avg_pct": 16.052000000000003, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 0, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_markets" ], "attention_level": "Stable", "primary_risk_reason": "Volatile products account for the largest observed corridor exposure", "buyer_gdp_mn_2024": 27719.33767, "buyer_gdp_pc_2024": 22803, "buyer_population_2024": 1215.588 }, "history": [ { "year": 1995, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 165758860.95426702, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 185992352.58147466, "yoy_growth_pct": 12.206582206661087, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 172620041.80528495, "yoy_growth_pct": -7.189710001830274, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 536177794.013909, "yoy_growth_pct": 210.61155379554157, "cagr_3y_pct": 47.89177564482361 }, { "year": 1999, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 141505108.10934302, "yoy_growth_pct": -73.6085474465449, "cagr_3y_pct": -8.709480903405941 }, { "year": 2000, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 179702088.4034247, "yoy_growth_pct": 26.993357910843983, "cagr_3y_pct": 1.3492724998227956 }, { "year": 2001, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 432491141.86052775, "yoy_growth_pct": 140.67118290222692, "cagr_3y_pct": -6.912907770444965 }, { "year": 2002, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 576229115.838482, "yoy_growth_pct": 33.23489432861211, "cagr_3y_pct": 59.6887643459513 }, { "year": 2003, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 327691360.9868616, "yoy_growth_pct": -43.131759229133785, "cagr_3y_pct": 22.171701561982626 }, { "year": 2004, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 1097209749.6572223, "yoy_growth_pct": 234.83023365428716, "cagr_3y_pct": 36.386320756640615 }, { "year": 2005, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 885085678.2289186, "yoy_growth_pct": -19.333046529578603, "cagr_3y_pct": 15.379868128391205 }, { "year": 2006, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 1155191162.3184674, "yoy_growth_pct": 30.51743924159269, "cagr_3y_pct": 52.19356444291257 }, { "year": 2007, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 1073712649.5119717, "yoy_growth_pct": -7.053249320482024, "cagr_3y_pct": -0.7190013072299828 }, { "year": 2008, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 1370599117.6610713, "yoy_growth_pct": 27.650458275223055, "cagr_3y_pct": 15.693345084039123 }, { "year": 2009, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 1172824513.3865912, "yoy_growth_pct": -14.429792178181366, "cagr_3y_pct": 0.5062476162427165 }, { "year": 2010, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 595021056.6405222, "yoy_growth_pct": -49.265977147564186, "cagr_3y_pct": -17.861250188538946 }, { "year": 2011, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 894784106.9958135, "yoy_growth_pct": 50.37856173489856, "cagr_3y_pct": -13.25004239079548 }, { "year": 2012, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 399905308.48633105, "yoy_growth_pct": -55.30706174151994, "cagr_3y_pct": -30.1379414837186 }, { "year": 2013, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 51011830.83448687, "yoy_growth_pct": -87.24402258435374, "cagr_3y_pct": -55.90599720183506 }, { "year": 2014, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 26470967.298765983, "yoy_growth_pct": -48.10818026772308, "cagr_3y_pct": -69.0720940064929 }, { "year": 2015, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 24172636.30882992, "yoy_growth_pct": -8.682459405415111, "cagr_3y_pct": -60.75458285884885 }, { "year": 2016, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 470922220.3288049, "yoy_growth_pct": 1848.1624358729284, "cagr_3y_pct": 109.77775050398395 }, { "year": 2017, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 648192968.618148, "yoy_growth_pct": 37.64331786373767, "cagr_3y_pct": 190.38766730588725 }, { "year": 2018, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 951474874.5144744, "yoy_growth_pct": 46.788829959522516, "cagr_3y_pct": 240.1661558565726 }, { "year": 2019, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 257401657.6170871, "yoy_growth_pct": -72.94708830346825, "cagr_3y_pct": -18.237520712651943 }, { "year": 2020, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 31682591.804181393, "yoy_growth_pct": -87.69138004102807, "cagr_3y_pct": -63.437254841645796 }, { "year": 2021, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 209409925.57445112, "yoy_growth_pct": 560.9621045801364, "cagr_3y_pct": -39.6236789961225 }, { "year": 2022, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 201877689.540765, "yoy_growth_pct": -3.5968858749287014, "cagr_3y_pct": -7.7798844381478 }, { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 58375984.20324077, "yoy_growth_pct": -71.0834890492181, "cagr_3y_pct": 22.59455209241783 }, { "year": 2024, "exporter_iso3": "KOR", "importer_iso3": "CYP", "export_value_usd": 59905209.87933035, "yoy_growth_pct": 2.6196143790320647, "cagr_3y_pct": -34.10955450682964 } ], "riskLanes": [ { "exporter_iso3": "KOR", "importer_iso3": "CYP", "hs_code": "870321", "hs_description": "Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000cc", "buyer_imports_latest_usd": 45563297.189593345, "current_below_peak_pct": 6.792105284323326, "lane_volatility_cv": 1.7818418688417283, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "KOR", "importer_iso3": "CYP", "hs_code": "870380", "hs_description": "Vehicles: with only electric motor for propulsion", "buyer_imports_latest_usd": 55465286.380145065, "current_below_peak_pct": 20.52366026869865, "lane_volatility_cv": 1.4754987632776737, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "KOR", "importer_iso3": "CYP", "hs_code": "850710", "hs_description": "Electric accumulators: lead-acid, of a kind used for starting piston engines, including separators, whether or not rectangular (including square)", "buyer_imports_latest_usd": 16622566.297369456, "current_below_peak_pct": 5.69466133342478, "lane_volatility_cv": 0.5990185758418087, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "KOR", "importer_iso3": "CYP", "hs_code": "870322", "hs_description": "Vehicles: with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500cc", "buyer_imports_latest_usd": 162404187.4847214, "current_below_peak_pct": 41.74859146385518, "lane_volatility_cv": 0.7070744460840311, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market" ] }, { "exporter_iso3": "KOR", "importer_iso3": "CYP", "hs_code": "870340", "hs_description": "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", "buyer_imports_latest_usd": 220274677.52804428, "current_below_peak_pct": 0, "lane_volatility_cv": 1.3217633680294523, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "KOR", "importer_iso3": "CYP", "hs_code": "330499", "hs_description": "Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations)", "buyer_imports_latest_usd": 76409890.38251133, "current_below_peak_pct": 0, "lane_volatility_cv": 2.8058281600131725, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "KOR", "importer_iso3": "CYP", "hs_code": "901890", "hs_description": "Medical, surgical or dental instruments and appliances: n.e.c. in heading no. 9018", "buyer_imports_latest_usd": 48695052.91603329, "current_below_peak_pct": 36.18146441179281, "lane_volatility_cv": 1.3513852673029951, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "KOR", "importer_iso3": "CYP", "hs_code": "848180", "hs_description": "Taps, cocks, valves and similar appliances: for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valves", "buyer_imports_latest_usd": 38356537.749543846, "current_below_peak_pct": 0, "lane_volatility_cv": 2.3996178002387296, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "KOR", "importer_iso3": "CYP", "hs_code": "854370", "hs_description": "Electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543", "buyer_imports_latest_usd": 21022376.688706428, "current_below_peak_pct": 86.83863534820495, "lane_volatility_cv": 1.384780721379398, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown" ] }, { "exporter_iso3": "KOR", "importer_iso3": "CYP", "hs_code": "870332", "hs_description": "Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity exceeding 1500cc but not exceeding 2500cc", "buyer_imports_latest_usd": 40873401.10472148, "current_below_peak_pct": 95.95365419906642, "lane_volatility_cv": 1.2598451066176763, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "KOR", "importer_iso3": "CYP", "distance_km": 8016, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 1, "rta_coverage_ratio": 2, "exporter_is_wto": 1, "importer_is_wto": 1, "exporter_is_eu": 0, "importer_is_eu": 1, "importer_gdp_million_usd": 27719.33767, "importer_gdp_per_capita_usd": 22803.234048049177, "importer_population": 1215.588, "importer_biz_entry_days": 6, "importer_biz_entry_cost_pct": 5.6, "exporter_gdp_million_usd": 1798533.9150910003, "exporter_gdp_per_capita_usd": 34757.71939879189, "avg_applied_tariff_pct": 9.52543999090909, "avg_mfn_tariff_pct": 9.52543999090909, "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/KOR-CYP/risk", "html": "https://www.yugalinks.com/trade/corridor/KOR-CYP/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/KOR-CYP/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/KOR-CYP/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/KOR-CYP/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" } }