{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:03.613Z",
  "seo": {
    "title": "South Korea exports to Uruguay: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from South Korea to Uruguay, 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": "URY",
    "country_name": "Uruguay"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "KOR",
    "importer_iso3": "URY",
    "all_history_lane_count": 95,
    "current_lane_count": 77,
    "current_product_count": 77,
    "first_observed_last_year": 2003,
    "latest_data_year": 2024,
    "current_trade_usd": 125802276.33095361,
    "attention_trade_usd": 112465387.41114502,
    "critical_trade_usd": 30055815.12185374,
    "high_volatility_trade_usd": 105099888.52611242,
    "unrecovered_drawdown_trade_usd": 39694462.14577871,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 75186630.91279723,
    "access_friction_trade_usd": 125802276.33095361,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 2,
    "high_attention_lane_count": 13,
    "high_volatility_lane_count": 45,
    "unrecovered_drawdown_lane_count": 40,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 43,
    "access_friction_lane_count": 77,
    "trade_weighted_volatility_cv": 1.8670514112830259,
    "trade_weighted_below_peak_pct": 26.525473139624125,
    "product_concentration_hhi": 1340.6089921370844,
    "top1_product_share_pct": 29.38681159630233,
    "top3_product_share_pct": 53.27812421673901,
    "top_product_hs6": "870899",
    "top_product_trade_usd": 36969277.92923698,
    "top_product_description": "Vehicle parts and accessories: n.e.c. in heading no. 8708",
    "top_attention_product_hs6": "870899",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "distance_km": 19629.50390625,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 9.678823294949495,
    "avg_mfn_tariff_pct": 9.678823294949495,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 6.5,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 59319.547636,
    "buyer_gdp_pc_latest": 17021,
    "buyer_population_latest": 3485.152,
    "buyer_gdp_5y_cagr_pct": 5.406280845583722,
    "buyer_gdp_pc_5y_cagr_pct": 5.472294361527985,
    "buyer_population_5y_cagr_pct": -0.06258848955915663,
    "buyer_investment_5y_avg_pct": 19.342000000000002,
    "buyer_savings_5y_avg_pct": 18.974,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 89.39853132329446,
    "critical_trade_share_pct": 23.891312620436675,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "Critical attention",
    "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction",
    "buyer_gdp_mn_2024": 59319.547636,
    "buyer_gdp_pc_2024": 17021,
    "buyer_population_2024": 3485.152
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 57560248.73489757,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 75502153.62301795,
      "yoy_growth_pct": 31.17065211228418,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 93222597.34079474,
      "yoy_growth_pct": 23.470116900578653,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 109702269.0058354,
      "yoy_growth_pct": 17.677764978802045,
      "cagr_3y_pct": 23.98362103843279
    },
    {
      "year": 1999,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 83494485.4929593,
      "yoy_growth_pct": -23.88991927913726,
      "cagr_3y_pct": 3.41086028490607
    },
    {
      "year": 2000,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 116026697.67216186,
      "yoy_growth_pct": 38.96330636344343,
      "cagr_3y_pct": 7.5669639356505725
    },
    {
      "year": 2001,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 69067720.94744101,
      "yoy_growth_pct": -40.47256163181111,
      "cagr_3y_pct": -14.292300462314012
    },
    {
      "year": 2002,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 34984546.76707475,
      "yoy_growth_pct": -49.34747189110641,
      "cagr_3y_pct": -25.170504076587985
    },
    {
      "year": 2003,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 42042276.6596875,
      "yoy_growth_pct": 20.17384972743177,
      "cagr_3y_pct": -28.70767722099593
    },
    {
      "year": 2004,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 37656142.1618642,
      "yoy_growth_pct": -10.432675978341987,
      "cagr_3y_pct": -18.306613471161082
    },
    {
      "year": 2005,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 52212980.95826778,
      "yoy_growth_pct": 38.6572759732829,
      "cagr_3y_pct": 14.279258102815117
    },
    {
      "year": 2006,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 55565149.29124454,
      "yoy_growth_pct": 6.420181861778862,
      "cagr_3y_pct": 9.741801848354381
    },
    {
      "year": 2007,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 66188135.67799787,
      "yoy_growth_pct": 19.118074048668497,
      "cagr_3y_pct": 20.68355863364504
    },
    {
      "year": 2008,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 95915641.51305433,
      "yoy_growth_pct": 44.91364733353325,
      "cagr_3y_pct": 22.47204859100176
    },
    {
      "year": 2009,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 58823214.769100904,
      "yoy_growth_pct": -38.671926871181974,
      "cagr_3y_pct": 1.9174987460438109
    },
    {
      "year": 2010,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 133636254.9514671,
      "yoy_growth_pct": 127.18284860157718,
      "cagr_3y_pct": 26.390582665867868
    },
    {
      "year": 2011,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 208887409.42747608,
      "yoy_growth_pct": 56.31043349975504,
      "cagr_3y_pct": 29.620674197917186
    },
    {
      "year": 2012,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 178307741.03617007,
      "yoy_growth_pct": -14.639306636584537,
      "cagr_3y_pct": 44.72397447282592
    },
    {
      "year": 2013,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 310433993.1040627,
      "yoy_growth_pct": 74.10012111649745,
      "cagr_3y_pct": 32.438725157256656
    },
    {
      "year": 2014,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 231257180.9860242,
      "yoy_growth_pct": -25.505200421622988,
      "cagr_3y_pct": 3.449323379829128
    },
    {
      "year": 2015,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 198526173.1068473,
      "yoy_growth_pct": -14.15350984545426,
      "cagr_3y_pct": 3.6451993014561923
    },
    {
      "year": 2016,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 106213311.14979745,
      "yoy_growth_pct": -46.499089018034326,
      "cagr_3y_pct": -30.058239629392403
    },
    {
      "year": 2017,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 116146800.88808173,
      "yoy_growth_pct": 9.352396258765182,
      "cagr_3y_pct": -20.511553688718966
    },
    {
      "year": 2018,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 118808767.03979333,
      "yoy_growth_pct": 2.2918979527267735,
      "cagr_3y_pct": -15.729240904480568
    },
    {
      "year": 2019,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 121439086.6502341,
      "yoy_growth_pct": 2.2139103670352878,
      "cagr_3y_pct": 4.566646786965789
    },
    {
      "year": 2020,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 71876615.30114378,
      "yoy_growth_pct": -40.81261866851729,
      "cagr_3y_pct": -14.782892588507114
    },
    {
      "year": 2021,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 118380529.26391801,
      "yoy_growth_pct": 64.6996436433954,
      "cagr_3y_pct": -0.12029228058580976
    },
    {
      "year": 2022,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 135305139.02800974,
      "yoy_growth_pct": 14.29678501129179,
      "cagr_3y_pct": 3.6697218282036426
    },
    {
      "year": 2023,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 117160583.49256979,
      "yoy_growth_pct": -13.41010080310684,
      "cagr_3y_pct": 17.687761593891317
    },
    {
      "year": 2024,
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "export_value_usd": 156154972.02390566,
      "yoy_growth_pct": 33.28285620377511,
      "cagr_3y_pct": 9.671010871772822
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "hs_code": "870899",
      "hs_description": "Vehicle parts and accessories: n.e.c. in heading no. 8708",
      "buyer_imports_latest_usd": 133680371.61168282,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.1910122720857126,
      "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": "URY",
      "hs_code": "271019",
      "hs_description": "",
      "buyer_imports_latest_usd": 465942650.32993174,
      "current_below_peak_pct": 79.98791167500485,
      "lane_volatility_cv": 4.1732469308781805,
      "attention_level": "Critical 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": "URY",
      "hs_code": "854430",
      "hs_description": "Insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships",
      "buyer_imports_latest_usd": 21095057.922148097,
      "current_below_peak_pct": 56.77784553211019,
      "lane_volatility_cv": 1.3384966561284835,
      "attention_level": "Critical 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": "URY",
      "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": 69337722.72543302,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.3292187204711632,
      "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": "URY",
      "hs_code": "854449",
      "hs_description": "Insulated electric conductors: for a voltage not exceeding 80 volts, not fitted with connectors",
      "buyer_imports_latest_usd": 27534022.22131478,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 4.137197834114595,
      "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": "URY",
      "hs_code": "840999",
      "hs_description": "Engines: parts for internal combustion piston engines (excluding spark-ignition)",
      "buyer_imports_latest_usd": 19190387.959588073,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.6276412889799452,
      "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": "URY",
      "hs_code": "842952",
      "hs_description": "Mechanical shovels, excavators and shovel loaders: with a 360 degree revolving super structure",
      "buyer_imports_latest_usd": 31432741.355775993,
      "current_below_peak_pct": 15.42506703113418,
      "lane_volatility_cv": 0.9959478282904648,
      "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": "URY",
      "hs_code": "870850",
      "hs_description": "Vehicle parts: drive-axles with differential, whether or not provided with other transmission components, and non-driving axles: parts thereof",
      "buyer_imports_latest_usd": 11520646.337449344,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 2.739327134993114,
      "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": "URY",
      "hs_code": "300212",
      "hs_description": "Blood, human or animal, antisera, other blood fractions and immunological products: antisera and other blood fractions",
      "buyer_imports_latest_usd": 17806712.251101516,
      "current_below_peak_pct": 26.80667209757937,
      "lane_volatility_cv": 0.48769937256505674,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": [
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "KOR",
      "importer_iso3": "URY",
      "hs_code": "870210",
      "hs_description": "Vehicles: public transport type (carries 10 or more passengers), compression-ignition internal combustion piston engine (diesel or semi-diesel)",
      "buyer_imports_latest_usd": 23646881.59437629,
      "current_below_peak_pct": 31.855547355500054,
      "lane_volatility_cv": 0.6957053372810724,
      "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"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "KOR",
    "importer_iso3": "URY",
    "distance_km": 19599,
    "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": 59319.547636,
    "importer_gdp_per_capita_usd": 17020.64863627182,
    "importer_population": 3485.152,
    "importer_biz_entry_days": 6.5,
    "importer_biz_entry_cost_pct": 24.1,
    "exporter_gdp_million_usd": 1798533.9150910003,
    "exporter_gdp_per_capita_usd": 34757.71939879189,
    "avg_applied_tariff_pct": 9.678823294949495,
    "avg_mfn_tariff_pct": 9.678823294949495,
    "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-URY/risk",
    "html": "https://www.yugalinks.com/trade/corridor/KOR-URY/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/KOR-URY/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/KOR-URY/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/KOR-URY/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"
  }
}