{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:03.670Z", "seo": { "title": "South Korea exports to Serbia: Trade Route Risk | Yugalinks", "description": "Understand reported exports from South Korea to Serbia, 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": "SRB", "country_name": "Serbia" }, "latestYear": 2024, "risk": { "exporter_iso3": "KOR", "importer_iso3": "SRB", "all_history_lane_count": 269, "current_lane_count": 247, "current_product_count": 247, "first_observed_last_year": 2006, "latest_data_year": 2024, "current_trade_usd": 245326364.9045896, "attention_trade_usd": 54958004.20229966, "critical_trade_usd": 0, "high_volatility_trade_usd": 115902348.1048489, "unrecovered_drawdown_trade_usd": 60880994.27627008, "declining_demand_trade_usd": 200104.46264933917, "concentrated_market_trade_usd": 33155224.833532162, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 10, "high_volatility_lane_count": 135, "unrecovered_drawdown_lane_count": 95, "declining_demand_lane_count": 1, "concentrated_market_lane_count": 49, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.1418432746105154, "trade_weighted_below_peak_pct": 25.96961870819787, "product_concentration_hhi": 363.78182929452163, "top1_product_share_pct": 8.5659772946871, "top3_product_share_pct": 25.009455713569988, "top_product_hs6": "854231", "top_product_trade_usd": 21014600.715608366, "top_product_description": "Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits", "top_attention_product_hs6": "854231", "top_attention_product_reason": "Current trade remains more than 50% below its historical peak", "distance_km": null, "shares_land_border": null, "shares_official_language": null, "common_spoken_language_score": null, "has_reported_fta": null, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": null, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": null, "buyer_gdp_pc_latest": null, "buyer_population_latest": null, "buyer_gdp_5y_cagr_pct": 10.836286255256834, "buyer_gdp_pc_5y_cagr_pct": 12.018236663180426, "buyer_population_5y_cagr_pct": -1.0551410583952703, "buyer_investment_5y_avg_pct": null, "buyer_savings_5y_avg_pct": null, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 22.40199671310236, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "declining_buyer_demand", "concentrated_buyer_markets" ], "attention_level": "Watch", "primary_risk_reason": "Volatile products account for the largest observed corridor exposure", "buyer_gdp_mn_2024": null, "buyer_gdp_pc_2024": null, "buyer_population_2024": null }, "history": [ { "year": 2006, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 56596836.475800425, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 2007, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 99086606.51023184, "yoy_growth_pct": 75.0744611893619, "cagr_3y_pct": null }, { "year": 2008, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 96938786.19679037, "yoy_growth_pct": -2.167619206153437, "cagr_3y_pct": null }, { "year": 2009, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 67193555.88754699, "yoy_growth_pct": -30.684549988958132, "cagr_3y_pct": 5.887612456052982 }, { "year": 2010, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 69075739.13249587, "yoy_growth_pct": 2.801136537704352, "cagr_3y_pct": -11.331329802634006 }, { "year": 2011, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 86039806.35267186, "yoy_growth_pct": 24.558647411121882, "cagr_3y_pct": -3.897662992320572 }, { "year": 2012, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 87656622.75357717, "yoy_growth_pct": 1.8791492792046505, "cagr_3y_pct": 9.266165652259817 }, { "year": 2013, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 90795060.46427381, "yoy_growth_pct": 3.5803771718647015, "cagr_3y_pct": 9.541553020397387 }, { "year": 2014, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 85769454.10582031, "yoy_growth_pct": -5.53510987575253, "cagr_3y_pct": -0.10484910743990827 }, { "year": 2015, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 91283647.48021385, "yoy_growth_pct": 6.429087641843045, "cagr_3y_pct": 1.3606570289496522 }, { "year": 2016, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 107639333.31989183, "yoy_growth_pct": 17.917432411126157, "cagr_3y_pct": 5.836692439494384 }, { "year": 2017, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 118642076.9004824, "yoy_growth_pct": 10.221861508461473, "cagr_3y_pct": 11.421422375009914 }, { "year": 2018, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 186079616.93047348, "yoy_growth_pct": 56.8411661290775, "cagr_3y_pct": 26.79494492674177 }, { "year": 2019, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 176881455.5144363, "yoy_growth_pct": -4.943132175231191, "cagr_3y_pct": 18.00591264341085 }, { "year": 2020, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 238890866.91399622, "yoy_growth_pct": 35.05704496789319, "cagr_3y_pct": 26.275840707128893 }, { "year": 2021, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 324803287.9297775, "yoy_growth_pct": 35.96304125210064, "cagr_3y_pct": 20.403895419310736 }, { "year": 2022, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 304144893.78721404, "yoy_growth_pct": -6.3602786394914235, "cagr_3y_pct": 19.80255367353878 }, { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 319262234.37862563, "yoy_growth_pct": 4.970440372406193, "cagr_3y_pct": 10.14953482990466 }, { "year": 2024, "exporter_iso3": "KOR", "importer_iso3": "SRB", "export_value_usd": 276693112.4432483, "yoy_growth_pct": -13.333591434085179, "cagr_3y_pct": -5.203425576959841 } ], "riskLanes": [ { "exporter_iso3": "KOR", "importer_iso3": "SRB", "hs_code": "854231", "hs_description": "Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits", "buyer_imports_latest_usd": 118579535.68841536, "current_below_peak_pct": 59.2763475360255, "lane_volatility_cv": 1.8695416021077809, "attention_level": "High attention", "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": "SRB", "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": 137767349.0455897, "current_below_peak_pct": 20.23985947903614, "lane_volatility_cv": 0.8377188078191912, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "KOR", "importer_iso3": "SRB", "hs_code": "853890", "hs_description": "Electrical apparatus: parts suitable for use solely or principally with the apparatus of heading no. 8535, 8536 or 8537", "buyer_imports_latest_usd": 155550782.3829494, "current_below_peak_pct": 0, "lane_volatility_cv": 0.7410853660871979, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "KOR", "importer_iso3": "SRB", "hs_code": "853400", "hs_description": "Circuits: printed", "buyer_imports_latest_usd": 104175722.58045705, "current_below_peak_pct": 39.65296996681907, "lane_volatility_cv": 1.604231328184371, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "KOR", "importer_iso3": "SRB", "hs_code": "854720", "hs_description": "Insulating fittings: of plastics, for electrical machines, of insulating material only (except minor assembly parts), excluding those of heading no. 8546", "buyer_imports_latest_usd": 116526781.05483463, "current_below_peak_pct": 6.486484121250685, "lane_volatility_cv": 0.6559826428032517, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "KOR", "importer_iso3": "SRB", "hs_code": "392690", "hs_description": "Plastics: other articles n.e.s. in chapter 39", "buyer_imports_latest_usd": 287990777.0682674, "current_below_peak_pct": 13.20385322853131, "lane_volatility_cv": 0.7607939156746062, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "KOR", "importer_iso3": "SRB", "hs_code": "847989", "hs_description": "Machines and mechanical appliances: n.e.s. in item no. 8479.8, having individual functions", "buyer_imports_latest_usd": 166289705.9764822, "current_below_peak_pct": 4.415678495680575, "lane_volatility_cv": 1.3771990963174505, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "KOR", "importer_iso3": "SRB", "hs_code": "853710", "hs_description": "Boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts", "buyer_imports_latest_usd": 149582001.79677096, "current_below_peak_pct": 5.970096076026169, "lane_volatility_cv": 0.8779328744659851, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "KOR", "importer_iso3": "SRB", "hs_code": "853641", "hs_description": "Electrical apparatus: relays, (for a voltage not exceeding 60 volts)", "buyer_imports_latest_usd": 17649336.880525082, "current_below_peak_pct": 0, "lane_volatility_cv": 1.3288831704668511, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "KOR", "importer_iso3": "SRB", "hs_code": "853610", "hs_description": "Electrical apparatus: fuses, for a voltage not exceeding 1000 volts", "buyer_imports_latest_usd": 11927795.565965518, "current_below_peak_pct": 7.154169556038363, "lane_volatility_cv": 1.4212815146757654, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "KOR", "importer_iso3": "SRB", "distance_km": 8287, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "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": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 1798533.9150910003, "exporter_gdp_per_capita_usd": 34757.71939879189, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "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-SRB/risk", "html": "https://www.yugalinks.com/trade/corridor/KOR-SRB/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/KOR-SRB/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/KOR-SRB/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/KOR-SRB/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" } }