{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:07.988Z", "seo": { "title": "South Korea exports to Vanuatu: Trade Route Risk | Yugalinks", "description": "Understand reported exports from South Korea to Vanuatu, 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": "VUT", "country_name": "Vanuatu" }, "latestYear": 2024, "risk": { "exporter_iso3": "KOR", "importer_iso3": "VUT", "all_history_lane_count": 3, "current_lane_count": 2, "current_product_count": 2, "first_observed_last_year": 2018, "latest_data_year": 2024, "current_trade_usd": 2493776, "attention_trade_usd": 2357086, "critical_trade_usd": 0, "high_volatility_trade_usd": 136689.99999999997, "unrecovered_drawdown_trade_usd": 136689.99999999997, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 2493776, "access_friction_trade_usd": 2493776, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 1, "high_volatility_lane_count": 1, "unrecovered_drawdown_lane_count": 1, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 2, "access_friction_lane_count": 2, "trade_weighted_volatility_cv": 1.1196987370449292, "trade_weighted_below_peak_pct": 5.206559070680969, "product_concentration_hhi": 8963.838895780465, "top1_product_share_pct": 94.51875388968377, "top3_product_share_pct": 100, "top_product_hs6": "870421", "top_product_trade_usd": 2357086, "top_product_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", "top_attention_product_hs6": "870421", "top_attention_product_reason": "The buyer market is concentrated among relatively few suppliers", "distance_km": 7517.0302734375, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0, "has_reported_fta": 0, "avg_applied_tariff_pct": null, "avg_mfn_tariff_pct": null, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 18, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 983.469257, "buyer_gdp_pc_latest": 3127, "buyer_population_latest": 314.464, "buyer_gdp_5y_cagr_pct": 3.6053531482298284, "buyer_gdp_pc_5y_cagr_pct": 1.236846476060638, "buyer_population_5y_cagr_pct": 2.3395697857195197, "buyer_investment_5y_avg_pct": null, "buyer_savings_5y_avg_pct": null, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 94.51875388968377, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets", "market_access_friction" ], "attention_level": "High attention", "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure", "buyer_gdp_mn_2024": 983.469257, "buyer_gdp_pc_2024": 3127, "buyer_population_2024": 314.464 }, "history": [ { "year": 1995, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 2476548.231061457, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 3332503.459306352, "yoy_growth_pct": 34.562429170944476, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 3351095.2756683086, "yoy_growth_pct": 0.5578933852277812, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 2609528.5832123696, "yoy_growth_pct": -22.12908411886464, "cagr_3y_pct": 1.7587482375932106 }, { "year": 1999, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 3064198.76511787, "yoy_growth_pct": 17.423460498976205, "cagr_3y_pct": -2.7591436555654325 }, { "year": 2000, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 2328940.609689017, "yoy_growth_pct": -23.995119500694994, "cagr_3y_pct": -11.422406026115784 }, { "year": 2001, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 1444513.3501828827, "yoy_growth_pct": -37.97551795982601, "cagr_3y_pct": -17.891805847257146 }, { "year": 2002, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 1334649.674877781, "yoy_growth_pct": -7.605583935322747, "cagr_3y_pct": -24.197513701127605 }, { "year": 2003, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 1358744.6699538701, "yoy_growth_pct": 1.8053422954076526, "cagr_3y_pct": -16.44101679760439 }, { "year": 2004, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 1492033.5664084766, "yoy_growth_pct": 9.809708873347912, "cagr_3y_pct": 1.0847585057446985 }, { "year": 2005, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 2660501.1390506607, "yoy_growth_pct": 78.31375908350648, "cagr_3y_pct": 25.8535261488992 }, { "year": 2006, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 2130514.823360035, "yoy_growth_pct": -19.920544588819045, "cagr_3y_pct": 16.17577248836197 }, { "year": 2007, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 3272457.714424824, "yoy_growth_pct": 53.59938727221951, "cagr_3y_pct": 29.92672253056967 }, { "year": 2008, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 3510233.6114601833, "yoy_growth_pct": 7.265973093777678, "cagr_3y_pct": 9.679178874556339 }, { "year": 2009, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 4464622.904393767, "yoy_growth_pct": 27.18876857134811, "cagr_3y_pct": 27.96761452708445 }, { "year": 2010, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 66093986.74991101, "yoy_growth_pct": 1380.3934882129904, "cagr_3y_pct": 172.33030254035714 }, { "year": 2011, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 4339194.511572175, "yoy_growth_pct": -93.43481196256025, "cagr_3y_pct": 7.322562278868028 }, { "year": 2012, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 3685590.8608144154, "yoy_growth_pct": -15.062787552267299, "cagr_3y_pct": -6.191804961229986 }, { "year": 2013, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 4467896.372855096, "yoy_growth_pct": 21.226054154796014, "cagr_3y_pct": -59.263812506865996 }, { "year": 2014, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 4567946.727184685, "yoy_growth_pct": 2.2393168054982038, "cagr_3y_pct": 1.7272499084613813 }, { "year": 2015, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 5030926.612823293, "yoy_growth_pct": 10.135404664054626, "cagr_3y_pct": 10.929473904029896 }, { "year": 2016, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 4978581.001315292, "yoy_growth_pct": -1.0404765470952704, "cagr_3y_pct": 3.6734366878687474 }, { "year": 2017, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 6097364.5550493905, "yoy_growth_pct": 22.471936349705413, "cagr_3y_pct": 10.105000647647655 }, { "year": 2018, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 5761955.41999136, "yoy_growth_pct": -5.500887014870537, "cagr_3y_pct": 4.626244586733241 }, { "year": 2019, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 6969432.2000423195, "yoy_growth_pct": 20.956024336140565, "cagr_3y_pct": 11.865784687104352 }, { "year": 2020, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 4599522.922625171, "yoy_growth_pct": -34.00433793448422, "cagr_3y_pct": -8.968812403062342 }, { "year": 2021, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 6504736, "yoy_growth_pct": 41.421971570204306, "cagr_3y_pct": 4.124579465802092 }, { "year": 2022, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 6078804.136987615, "yoy_growth_pct": -6.548026899360471, "cagr_3y_pct": -4.455230375414676 }, { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 7704715.187671615, "yoy_growth_pct": 26.747218927335403, "cagr_3y_pct": 18.763029452311166 }, { "year": 2024, "exporter_iso3": "KOR", "importer_iso3": "VUT", "export_value_usd": 10954203, "yoy_growth_pct": 42.17531385881623, "cagr_3y_pct": 18.97353614856785 } ], "riskLanes": [ { "exporter_iso3": "KOR", "importer_iso3": "VUT", "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": 11704652.65, "current_below_peak_pct": 0, "lane_volatility_cv": 0.9956684534011436, "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": "VUT", "hs_code": "271019", "hs_description": "", "buyer_imports_latest_usd": 104645751.12196524, "current_below_peak_pct": 94.98860233408813, "lane_volatility_cv": 3.2584802510751882, "attention_level": "Watch", "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" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "KOR", "importer_iso3": "VUT", "distance_km": 7497, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 1, "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": 983.469257, "importer_gdp_per_capita_usd": 3127.446248219192, "importer_population": 314.464, "importer_biz_entry_days": 18, "importer_biz_entry_cost_pct": 42.5, "exporter_gdp_million_usd": 1798533.9150910003, "exporter_gdp_per_capita_usd": 34757.71939879189, "avg_applied_tariff_pct": null, "avg_mfn_tariff_pct": null, "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-VUT/risk", "html": "https://www.yugalinks.com/trade/corridor/KOR-VUT/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/KOR-VUT/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/KOR-VUT/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/KOR-VUT/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" } }