{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:03.656Z",
  "seo": {
    "title": "South Korea exports to Paraguay: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from South Korea to Paraguay, 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": "PRY",
    "country_name": "Paraguay"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "KOR",
    "importer_iso3": "PRY",
    "all_history_lane_count": 115,
    "current_lane_count": 86,
    "current_product_count": 86,
    "first_observed_last_year": 1995,
    "latest_data_year": 2024,
    "current_trade_usd": 133034980.21079543,
    "attention_trade_usd": 117488547.44260004,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 62287255.339833885,
    "unrecovered_drawdown_trade_usd": 27346913.04621874,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 76844160.59413373,
    "access_friction_trade_usd": 133034980.21079543,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 22,
    "high_volatility_lane_count": 52,
    "unrecovered_drawdown_lane_count": 42,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 52,
    "access_friction_lane_count": 86,
    "trade_weighted_volatility_cv": 1.062347803699686,
    "trade_weighted_below_peak_pct": 34.067868608368244,
    "product_concentration_hhi": 1291.984285648244,
    "top1_product_share_pct": 31.183623156569578,
    "top3_product_share_pct": 50.919441224812246,
    "top_product_hs6": "870332",
    "top_product_trade_usd": 41485126.89535136,
    "top_product_description": "Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity exceeding 1500cc but not exceeding 2500cc",
    "top_attention_product_hs6": "870332",
    "top_attention_product_reason": "The buyer market is concentrated among relatively few suppliers",
    "distance_km": 18600.69921875,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 14.752774503434345,
    "avg_mfn_tariff_pct": 14.752774503434345,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 35,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 38986.810989,
    "buyer_gdp_pc_latest": 5400,
    "buyer_population_latest": 7219.641,
    "buyer_gdp_5y_cagr_pct": 3.2296186225791113,
    "buyer_gdp_pc_5y_cagr_pct": 1.9651940186437677,
    "buyer_population_5y_cagr_pct": 1.240055114987726,
    "buyer_investment_5y_avg_pct": 21.45,
    "buyer_savings_5y_avg_pct": 24.94,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 88.31402632333098,
    "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": 38986.810989,
    "buyer_gdp_pc_2024": 5400,
    "buyer_population_2024": 7219.641
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 184286203.04197702,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 96135609.42673513,
      "yoy_growth_pct": -47.83352858768423,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 76408431.77526745,
      "yoy_growth_pct": -20.520156650696375,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 106369812.22653764,
      "yoy_growth_pct": 39.21213896837019,
      "cagr_3y_pct": -16.738955103277874
    },
    {
      "year": 1999,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 36595534.935452044,
      "yoy_growth_pct": -65.59593913965563,
      "cagr_3y_pct": -27.526160138567313
    },
    {
      "year": 2000,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 34464412.3275671,
      "yoy_growth_pct": -5.82344980513022,
      "cagr_3y_pct": -23.309212545318513
    },
    {
      "year": 2001,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 32589435.720605243,
      "yoy_growth_pct": -5.440326645181526,
      "cagr_3y_pct": -32.58557788037406
    },
    {
      "year": 2002,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 22026400.891562134,
      "yoy_growth_pct": -32.41245083100486,
      "cagr_3y_pct": -15.568375279168423
    },
    {
      "year": 2003,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 24640805.484066248,
      "yoy_growth_pct": 11.869413461486754,
      "cagr_3y_pct": -10.581370831845504
    },
    {
      "year": 2004,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 38336841.22952001,
      "yoy_growth_pct": 55.582743649797386,
      "cagr_3y_pct": 5.563349496501724
    },
    {
      "year": 2005,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 48728548.44842355,
      "yoy_growth_pct": 27.10632093210057,
      "cagr_3y_pct": 30.300668872241342
    },
    {
      "year": 2006,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 82699754.24159655,
      "yoy_growth_pct": 69.71520161149398,
      "cagr_3y_pct": 49.721133432803576
    },
    {
      "year": 2007,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 70602955.16604914,
      "yoy_growth_pct": -14.6273700405544,
      "cagr_3y_pct": 22.575079714960445
    },
    {
      "year": 2008,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 115136553.99377623,
      "yoy_growth_pct": 63.07611164857016,
      "cagr_3y_pct": 33.19152274842476
    },
    {
      "year": 2009,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 86467652.71540874,
      "yoy_growth_pct": -24.899912568094752,
      "cagr_3y_pct": 1.4962080014117918
    },
    {
      "year": 2010,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 161156851.0406205,
      "yoy_growth_pct": 86.37819575262043,
      "cagr_3y_pct": 31.666502020338207
    },
    {
      "year": 2011,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 235145047.9830932,
      "yoy_growth_pct": 45.91067426840174,
      "cagr_3y_pct": 26.874458998184746
    },
    {
      "year": 2012,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 237342343.52733132,
      "yoy_growth_pct": 0.9344426187516852,
      "cagr_3y_pct": 40.01477028951288
    },
    {
      "year": 2013,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 237154796.90101945,
      "yoy_growth_pct": -0.07901945498834939,
      "cagr_3y_pct": 13.74379484438657
    },
    {
      "year": 2014,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 258401857.0147379,
      "yoy_growth_pct": 8.959152583612418,
      "cagr_3y_pct": 3.193719029619646
    },
    {
      "year": 2015,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 255649874.59478933,
      "yoy_growth_pct": -1.0650010227254758,
      "cagr_3y_pct": 2.50777003011029
    },
    {
      "year": 2016,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 161550889.21573114,
      "yoy_growth_pct": -36.8077573001775,
      "cagr_3y_pct": -12.01152045062457
    },
    {
      "year": 2017,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 170674634.52263916,
      "yoy_growth_pct": 5.64759832099988,
      "cagr_3y_pct": -12.912106933714007
    },
    {
      "year": 2018,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 186560476.16750005,
      "yoy_growth_pct": 9.30767579452687,
      "cagr_3y_pct": -9.969149568802093
    },
    {
      "year": 2019,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 148411473.34600562,
      "yoy_growth_pct": -20.448598548410125,
      "cagr_3y_pct": -2.7881127360019575
    },
    {
      "year": 2020,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 113605429.2573263,
      "yoy_growth_pct": -23.45239441665855,
      "cagr_3y_pct": -12.687444036214423
    },
    {
      "year": 2021,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 143716906.4198398,
      "yoy_growth_pct": 26.505315247133442,
      "cagr_3y_pct": -8.329540931001988
    },
    {
      "year": 2022,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 155361107.10718152,
      "yoy_growth_pct": 8.102178774517688,
      "cagr_3y_pct": 1.537144011154612
    },
    {
      "year": 2023,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 138164200.7098414,
      "yoy_growth_pct": -11.06899063578133,
      "cagr_3y_pct": 6.741216323266763
    },
    {
      "year": 2024,
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "export_value_usd": 166537870.65304366,
      "yoy_growth_pct": 20.536195191972915,
      "cagr_3y_pct": 5.035244104582182
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "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": 53938164.481932335,
      "current_below_peak_pct": 27.667376657132216,
      "lane_volatility_cv": 0.8413594699609782,
      "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": "PRY",
      "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": 132497479.5213845,
      "current_below_peak_pct": 47.68939938978019,
      "lane_volatility_cv": 1.0379278658690936,
      "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": "PRY",
      "hs_code": "870421",
      "hs_description": "Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1",
      "buyer_imports_latest_usd": 214860862.53858486,
      "current_below_peak_pct": 24.95968900947919,
      "lane_volatility_cv": 0.6597378045979649,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "hs_code": "870321",
      "hs_description": "Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000cc",
      "buyer_imports_latest_usd": 39071174.03341223,
      "current_below_peak_pct": 57.097347307229725,
      "lane_volatility_cv": 1.0003124118937077,
      "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",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "KOR",
      "importer_iso3": "PRY",
      "hs_code": "271019",
      "hs_description": "",
      "buyer_imports_latest_usd": 964659533.3148592,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 2.23589592643042,
      "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": "PRY",
      "hs_code": "853690",
      "hs_description": "Electrical apparatus: n.e.s. in heading no. 8536, for switching or protecting electrical circuits, for a voltage not exceeding 1000 volts",
      "buyer_imports_latest_usd": 29805604.52015272,
      "current_below_peak_pct": 16.00183103275976,
      "lane_volatility_cv": 1.2900846061336413,
      "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": "PRY",
      "hs_code": "870899",
      "hs_description": "Vehicle parts and accessories: n.e.c. in heading no. 8708",
      "buyer_imports_latest_usd": 29818780.81970301,
      "current_below_peak_pct": 54.56941918700268,
      "lane_volatility_cv": 0.7595525647045126,
      "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": "PRY",
      "hs_code": "854449",
      "hs_description": "Insulated electric conductors: for a voltage not exceeding 80 volts, not fitted with connectors",
      "buyer_imports_latest_usd": 112958694.81047247,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.00676145804106,
      "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": "PRY",
      "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": 36336185.4494941,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.6462371482588882,
      "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": "PRY",
      "hs_code": "760612",
      "hs_description": "Aluminium: plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)",
      "buyer_imports_latest_usd": 98993914.74706233,
      "current_below_peak_pct": 75.37537995191249,
      "lane_volatility_cv": 0.7533549733101261,
      "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"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "KOR",
    "importer_iso3": "PRY",
    "distance_km": 18577,
    "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": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 38986.810989,
    "importer_gdp_per_capita_usd": 5400.103826353693,
    "importer_population": 7219.641,
    "importer_biz_entry_days": 35,
    "importer_biz_entry_cost_pct": 52.2,
    "exporter_gdp_million_usd": 1798533.9150910003,
    "exporter_gdp_per_capita_usd": 34757.71939879189,
    "avg_applied_tariff_pct": 14.752774503434345,
    "avg_mfn_tariff_pct": 14.752774503434345,
    "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-PRY/risk",
    "html": "https://www.yugalinks.com/trade/corridor/KOR-PRY/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/KOR-PRY/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/KOR-PRY/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/KOR-PRY/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"
  }
}