{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:03.662Z",
  "seo": {
    "title": "South Korea exports to Ethiopia: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from South Korea to Ethiopia, 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": "ETH",
    "country_name": "Ethiopia"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "KOR",
    "importer_iso3": "ETH",
    "all_history_lane_count": 97,
    "current_lane_count": 76,
    "current_product_count": 76,
    "first_observed_last_year": 2008,
    "latest_data_year": 2024,
    "current_trade_usd": 102987015.14524092,
    "attention_trade_usd": 91531638.51787442,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 62163294.46953087,
    "unrecovered_drawdown_trade_usd": 41613927.05964543,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 74189725.17233044,
    "access_friction_trade_usd": 102987015.14524092,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 15,
    "high_volatility_lane_count": 52,
    "unrecovered_drawdown_lane_count": 48,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 61,
    "access_friction_lane_count": 76,
    "trade_weighted_volatility_cv": 1.0904172635949938,
    "trade_weighted_below_peak_pct": 35.19867304591866,
    "product_concentration_hhi": 1029.6125546820674,
    "top1_product_share_pct": 18.371763319415944,
    "top3_product_share_pct": 49.573030021422355,
    "top_product_hs6": "850423",
    "top_product_trade_usd": 18920530.672214713,
    "top_product_description": "Electrical transformers: liquid dielectric, having a power handling capacity exceeding 10,000kVA",
    "top_attention_product_hs6": "850423",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "distance_km": 9244.5673828125,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": null,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 26.445658894949496,
    "avg_mfn_tariff_pct": 26.445658894949496,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 32,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 111271.11233,
    "buyer_gdp_pc_latest": 944,
    "buyer_population_latest": 117876.228,
    "buyer_gdp_5y_cagr_pct": 10.27232952973971,
    "buyer_gdp_pc_5y_cagr_pct": 7.4007157215487895,
    "buyer_population_5y_cagr_pct": 2.6737380555600376,
    "buyer_investment_5y_avg_pct": null,
    "buyer_savings_5y_avg_pct": null,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 88.87687286478673,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction",
    "buyer_gdp_mn_2024": 111271.11233,
    "buyer_gdp_pc_2024": 944,
    "buyer_population_2024": 117876.228
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 26148740.517581563,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 43508667.62099719,
      "yoy_growth_pct": 66.38915205779558,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 42283096.04348767,
      "yoy_growth_pct": -2.816844653082562,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 36416257.68219358,
      "yoy_growth_pct": -13.875139027804673,
      "cagr_3y_pct": 11.672998995941386
    },
    {
      "year": 1999,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 31495711.854138635,
      "yoy_growth_pct": -13.511948072744817,
      "cagr_3y_pct": -10.210569942750036
    },
    {
      "year": 2000,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 25020112.825882662,
      "yoy_growth_pct": -20.56025613342364,
      "cagr_3y_pct": -16.046109208229254
    },
    {
      "year": 2001,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 32533118.417362172,
      "yoy_growth_pct": 30.02786455745914,
      "cagr_3y_pct": -3.6888001175445995
    },
    {
      "year": 2002,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 22053171.55382306,
      "yoy_growth_pct": -32.21316422573929,
      "cagr_3y_pct": -11.201313365675725
    },
    {
      "year": 2003,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 26715738.151553065,
      "yoy_growth_pct": 21.14238573962264,
      "cagr_3y_pct": 2.2098234533559635
    },
    {
      "year": 2004,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 29525971.19328935,
      "yoy_growth_pct": 10.519017014594144,
      "cagr_3y_pct": -3.181243767651265
    },
    {
      "year": 2005,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 45349051.11768286,
      "yoy_growth_pct": 53.59037919805927,
      "cagr_3y_pct": 27.164449679792103
    },
    {
      "year": 2006,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 63964840.9491922,
      "yoy_growth_pct": 41.05000958719185,
      "cagr_3y_pct": 33.78005866253901
    },
    {
      "year": 2007,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 96688915.90112628,
      "yoy_growth_pct": 51.15947208862299,
      "cagr_3y_pct": 48.49921790633671
    },
    {
      "year": 2008,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 109555837.8861484,
      "yoy_growth_pct": 13.307546025420102,
      "cagr_3y_pct": 34.18040759786769
    },
    {
      "year": 2009,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 101657908.33412762,
      "yoy_growth_pct": -7.209044907518658,
      "cagr_3y_pct": 16.698860412354822
    },
    {
      "year": 2010,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 65531298.193657935,
      "yoy_growth_pct": -35.537432092080145,
      "cagr_3y_pct": -12.160330398129283
    },
    {
      "year": 2011,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 126170741.57317667,
      "yoy_growth_pct": 92.53508636486522,
      "cagr_3y_pct": 4.81924896804562
    },
    {
      "year": 2012,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 159855656.6204149,
      "yoy_growth_pct": 26.697881479678575,
      "cagr_3y_pct": 16.286405504011437
    },
    {
      "year": 2013,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 120310372.87675701,
      "yoy_growth_pct": -24.738119738583986,
      "cagr_3y_pct": 22.447926064691593
    },
    {
      "year": 2014,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 186603869.4119228,
      "yoy_growth_pct": 55.10206223288429,
      "cagr_3y_pct": 13.934170937324875
    },
    {
      "year": 2015,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 165880713.91115475,
      "yoy_growth_pct": -11.105426466276691,
      "cagr_3y_pct": 1.2408918659138735
    },
    {
      "year": 2016,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 129601827.85587434,
      "yoy_growth_pct": -21.870466553882373,
      "cagr_3y_pct": 2.5107359179280975
    },
    {
      "year": 2017,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 147504944.40761656,
      "yoy_growth_pct": 13.813938312391416,
      "cagr_3y_pct": -7.538277937633708
    },
    {
      "year": 2018,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 131605088.25087345,
      "yoy_growth_pct": -10.779202162068069,
      "cagr_3y_pct": -7.425311018161951
    },
    {
      "year": 2019,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 123641796.55793619,
      "yoy_growth_pct": -6.050899550142885,
      "cagr_3y_pct": -1.5570257064600912
    },
    {
      "year": 2020,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 138083612.67254913,
      "yoy_growth_pct": 11.680367413494984,
      "cagr_3y_pct": -2.1760516893559068
    },
    {
      "year": 2021,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 176269619.2847622,
      "yoy_growth_pct": 27.654263871823236,
      "cagr_3y_pct": 10.230453779729643
    },
    {
      "year": 2022,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 108875455.14596565,
      "yoy_growth_pct": -38.233567651792455,
      "cagr_3y_pct": -4.150858895729592
    },
    {
      "year": 2023,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 107667274.31550866,
      "yoy_growth_pct": -1.1096907276642143,
      "cagr_3y_pct": -7.959170096534695
    },
    {
      "year": 2024,
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "export_value_usd": 166463530.74544278,
      "yoy_growth_pct": 54.60921789255786,
      "cagr_3y_pct": -1.8898638324729156
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "hs_code": "850423",
      "hs_description": "Electrical transformers: liquid dielectric, having a power handling capacity exceeding 10,000kVA",
      "buyer_imports_latest_usd": 35309444.679734826,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.2469768190500934,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "hs_code": "842952",
      "hs_description": "Mechanical shovels, excavators and shovel loaders: with a 360 degree revolving super structure",
      "buyer_imports_latest_usd": 41287360.22063088,
      "current_below_peak_pct": 33.75562418834036,
      "lane_volatility_cv": 1.0053588066566261,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "hs_code": "300220",
      "hs_description": "Vaccines: for human medicine",
      "buyer_imports_latest_usd": 213111186.07767117,
      "current_below_peak_pct": 51.40319328274131,
      "lane_volatility_cv": 0.679034889659094,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "hs_code": "842959",
      "hs_description": "Mechanical shovels, excavators and shovel loaders: n.e.c. in item no. 8429.50",
      "buyer_imports_latest_usd": 17006560.724529896,
      "current_below_peak_pct": 57.47341093107965,
      "lane_volatility_cv": 0.9874805301148357,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "hs_code": "382200",
      "hs_description": "Reagents: diagnostic or laboratory reagents on a backing and prepared diagnostic or laboratory reagents whether or not on a backing, other than those of heading no. 3002 or 3006: certified reference material",
      "buyer_imports_latest_usd": 57369168.526002444,
      "current_below_peak_pct": 5.800671830007769,
      "lane_volatility_cv": 1.5017657686748918,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "hs_code": "390410",
      "hs_description": "Vinyl chloride, other halogenated olefin polymers: poly(vinyl chloride), not mixed with any other substances, in primary forms",
      "buyer_imports_latest_usd": 15590826.142159281,
      "current_below_peak_pct": 43.377480291343204,
      "lane_volatility_cv": 0.9246815783527669,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "hs_code": "390720",
      "hs_description": "Polyethers: in primary forms, excluding polyacetals",
      "buyer_imports_latest_usd": 17642884.74700638,
      "current_below_peak_pct": 62.11398710097462,
      "lane_volatility_cv": 0.8761024801377226,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "hs_code": "100630",
      "hs_description": "Cereals: rice, semi-milled or wholly milled, whether or not polished or glazed",
      "buyer_imports_latest_usd": 27762081.38782531,
      "current_below_peak_pct": 14.084704899103603,
      "lane_volatility_cv": 1.2655042661316134,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "hs_code": "870323",
      "hs_description": "Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc",
      "buyer_imports_latest_usd": 47049766.837128006,
      "current_below_peak_pct": 59.569077519264866,
      "lane_volatility_cv": 1.2376001988932201,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "KOR",
      "importer_iso3": "ETH",
      "hs_code": "843149",
      "hs_description": "Machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431",
      "buyer_imports_latest_usd": 10920629.048480876,
      "current_below_peak_pct": 48.20097417936655,
      "lane_volatility_cv": 1.0059287062382738,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "KOR",
    "importer_iso3": "ETH",
    "distance_km": 9252,
    "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": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 0,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 111271.11232999999,
    "importer_gdp_per_capita_usd": 943.9656682091999,
    "importer_population": 117876.228,
    "importer_biz_entry_days": 32,
    "importer_biz_entry_cost_pct": 45.4,
    "exporter_gdp_million_usd": 1798533.9150910003,
    "exporter_gdp_per_capita_usd": 34757.71939879189,
    "avg_applied_tariff_pct": 26.445658894949496,
    "avg_mfn_tariff_pct": 26.445658894949496,
    "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-ETH/risk",
    "html": "https://www.yugalinks.com/trade/corridor/KOR-ETH/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/KOR-ETH/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/KOR-ETH/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/KOR-ETH/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"
  }
}