# Republic of Korea HS 040221 exports | Yugalinks

Explore reported HS 040221 exports from Republic of Korea: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Republic of Korea |
| HS6 | 040221 |
| Latest exports | $2.9M |
| Active destinations | 15 |
| Three-year growth | +78.1% |
| Destination HHI | 2,768 |
| Weighted share | 0.6% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Kuwait at $84.9K / ton.
- Lowest reported market price: Ghana at $157.9 / ton.
- Median reported price: $5.6K / ton.
- Price spread: 1,517%.

## Export history

- 2010: $1.8M
- 2011: $1.5M
- 2012: $1.7M
- 2013: $2.4M
- 2014: $564.0K
- 2015: $378.9K
- 2016: $654.0K
- 2017: $515.2K
- 2018: $2.8M
- 2019: $1.7M
- 2020: $1.1M
- 2021: $91.1K
- 2022: $9.3K
- 2023: $744.1K
- 2024: $514.5K

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/kor/040221",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/040221",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/040221",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "040221",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 72,
    "current_lane_count": 15,
    "active_market_count": 15,
    "exports_latest_observed_lanes_usd": 2939344.1170129785,
    "exports_current_2024_usd": 514450.68476672785,
    "exports_avg_3y_usd": 422617.5845168975,
    "exports_avg_5y_usd": 488565.45905187615,
    "exports_avg_10y_usd": 843447.6039370166,
    "exports_cagr_3y_pct": 78.07683513406356,
    "exports_cagr_5y_pct": -21.05479553242996,
    "exports_cagr_10y_pct": -0.9145022634384214,
    "exports_all_year_lane_avg_usd": 4762203.50596053,
    "exports_historical_lane_peak_usd": 19944183.066879533,
    "historical_peak_year": 2001,
    "positive_growth_year_share_pct": 44.827586206896555,
    "trend_acceleration_pct": 78.99133739750198,
    "trend_label": "Rapid growth",
    "top_market_iso3": "NGA",
    "top_market_exports_usd": 1422906.3945002945,
    "top_market_share_pct": 48.408976215628705,
    "destination_hhi": 2768.3538114330686,
    "weighted_share_latest_pct": 0.5504540438779925,
    "weighted_share_change_1y_pp": -0.13112850517627345,
    "weighted_volatility_cv": 0.5519923818150071,
    "weighted_max_drawdown_pct": 68.11728122261655,
    "limited_history_lane_share_pct": 75,
    "data_freshness_years": 0,
    "coverage_score": 77.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 40221,
      "hs_description": "Dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)",
      "hs_chapter": 4,
      "hs_heading": 402,
      "substitution_elasticity": -6.0457845,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)",
    "hs_chapter": 4,
    "hs_heading": 402,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 40221,
      "num_markets": 24,
      "highest_price_importer_iso3": "KWT",
      "highest_price_usd_per_ton": 84891.42857142858,
      "lowest_price_importer_iso3": "GHA",
      "lowest_price_usd_per_ton": 157.8947368421053,
      "median_price_across_markets": 5585.57637705849,
      "price_spread_pct": 1517.0060905909475,
      "avg_quantity_metric_tons": 15.212926829268293,
      "total_trade_value_usd": 4372432
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 1756887.3908225917,
        "active_destinations": 15,
        "yoy_growth_pct": 53.452366690229944
      },
      {
        "year": 2011,
        "export_value_usd": 1474608.2323403293,
        "active_destinations": 10,
        "yoy_growth_pct": -16.06700349474855
      },
      {
        "year": 2012,
        "export_value_usd": 1711147.2576736363,
        "active_destinations": 10,
        "yoy_growth_pct": 16.040804611398332
      },
      {
        "year": 2013,
        "export_value_usd": 2366776.9314105343,
        "active_destinations": 8,
        "yoy_growth_pct": 38.31521049966496
      },
      {
        "year": 2014,
        "export_value_usd": 563952.8509578625,
        "active_destinations": 7,
        "yoy_growth_pct": -76.17211645620688
      },
      {
        "year": 2015,
        "export_value_usd": 378866.2033422951,
        "active_destinations": 7,
        "yoy_growth_pct": -32.81952512540746
      },
      {
        "year": 2016,
        "export_value_usd": 654010.4509305134,
        "active_destinations": 13,
        "yoy_growth_pct": 72.62306459666796
      },
      {
        "year": 2017,
        "export_value_usd": 515174.12654520036,
        "active_destinations": 12,
        "yoy_growth_pct": -21.228456546493934
      },
      {
        "year": 2018,
        "export_value_usd": 2765895.353297999,
        "active_destinations": 8,
        "yoy_growth_pct": 436.88553263462956
      },
      {
        "year": 2019,
        "export_value_usd": 1677702.6099947775,
        "active_destinations": 9,
        "yoy_growth_pct": -39.343236250991275
      },
      {
        "year": 2020,
        "export_value_usd": 1083873.8941719872,
        "active_destinations": 6,
        "yoy_growth_pct": -35.39535030136472
      },
      {
        "year": 2021,
        "export_value_usd": 91100.64753670112,
        "active_destinations": 8,
        "yoy_growth_pct": -91.59490342681458
      },
      {
        "year": 2022,
        "export_value_usd": 9312.084579640368,
        "active_destinations": 7,
        "yoy_growth_pct": -89.7782454555124
      },
      {
        "year": 2023,
        "export_value_usd": 744089.9842043243,
        "active_destinations": 9,
        "yoy_growth_pct": 7890.584469466459
      },
      {
        "year": 2024,
        "export_value_usd": 514450.68476672785,
        "active_destinations": 15,
        "yoy_growth_pct": -30.86176461347696
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "KOR",
      "exports_usd": 719146445390.6676,
      "imports_usd": 602781511915.9164,
      "trade_balance_usd": 116364933474.75122,
      "yoy_exports_growth_pct": 8.99738243181556,
      "yoy_imports_growth_pct": -2.0488493611390823,
      "exports_cagr_3y_pct": 2.3762912989319096,
      "imports_cagr_3y_pct": 0.5600101180488037,
      "export_partner_hhi": 1005.4152216058833,
      "export_product_hhi": 224.2651640980364,
      "momentum_score": 7.011055091950464,
      "risk_score": 6.148401928519599,
      "gdp_million_usd": 1875388.209406803,
      "gdp_per_capita_usd": 36238.63990831499,
      "population": 51751065,
      "labor_force": 28232.98,
      "investment_rate_pct": 32.11,
      "savings_rate_pct": 33.94,
      "secondary_education_pct": 97.7,
      "tertiary_education_pct": 60.3,
      "total_factor_productivity": 1485.56,
      "trade_openness_pct": 81.8058450718175,
      "exports_gdp_pct": 44.50347113880819,
      "num_active_partners": 270,
      "num_fta_partners": 58,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 1,
      "num_shared_language_partners": 1,
      "avg_partner_distance_km": 9523.444444444445,
      "avg_partner_gdp_million_usd": 533678518.3258193,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 21.48148148148148,
      "pct_partners_shared_language": 0.3703703703703704,
      "pct_partners_shared_border": 0.3703703703703704,
      "avg_applied_tariff_pct": 0.1325559179132643,
      "avg_mfn_tariff_pct": 0.13730118197136373,
      "avg_preferential_tariff_pct": 0.040044337595312784,
      "tariff_advantage_pp": 0.09725684437605095,
      "avg_distance_all_partners_km": 9624.182081122517,
      "num_border_partners": 20,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -10.797487279973065,
      "pct_products_high_elasticity": 75.69542668552569,
      "pct_products_low_elasticity": 2.710985384252711,
      "real_market_potential": 193723.88455191866,
      "foreign_market_potential": 21832.519125198414
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "040221",
    "hs_description": "Dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)",
    "hs_chapter": 4,
    "hs_heading": 402
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 40221,
    "num_markets": 24,
    "highest_price_importer_iso3": "KWT",
    "highest_price_usd_per_ton": 84891.42857142858,
    "lowest_price_importer_iso3": "GHA",
    "lowest_price_usd_per_ton": 157.8947368421053,
    "median_price_across_markets": 5585.57637705849,
    "price_spread_pct": 1517.0060905909475,
    "avg_quantity_metric_tons": 15.212926829268293,
    "total_trade_value_usd": 4372432
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 1756887.3908225917,
      "active_destinations": 15,
      "yoy_growth_pct": 53.452366690229944
    },
    {
      "year": 2011,
      "export_value_usd": 1474608.2323403293,
      "active_destinations": 10,
      "yoy_growth_pct": -16.06700349474855
    },
    {
      "year": 2012,
      "export_value_usd": 1711147.2576736363,
      "active_destinations": 10,
      "yoy_growth_pct": 16.040804611398332
    },
    {
      "year": 2013,
      "export_value_usd": 2366776.9314105343,
      "active_destinations": 8,
      "yoy_growth_pct": 38.31521049966496
    },
    {
      "year": 2014,
      "export_value_usd": 563952.8509578625,
      "active_destinations": 7,
      "yoy_growth_pct": -76.17211645620688
    },
    {
      "year": 2015,
      "export_value_usd": 378866.2033422951,
      "active_destinations": 7,
      "yoy_growth_pct": -32.81952512540746
    },
    {
      "year": 2016,
      "export_value_usd": 654010.4509305134,
      "active_destinations": 13,
      "yoy_growth_pct": 72.62306459666796
    },
    {
      "year": 2017,
      "export_value_usd": 515174.12654520036,
      "active_destinations": 12,
      "yoy_growth_pct": -21.228456546493934
    },
    {
      "year": 2018,
      "export_value_usd": 2765895.353297999,
      "active_destinations": 8,
      "yoy_growth_pct": 436.88553263462956
    },
    {
      "year": 2019,
      "export_value_usd": 1677702.6099947775,
      "active_destinations": 9,
      "yoy_growth_pct": -39.343236250991275
    },
    {
      "year": 2020,
      "export_value_usd": 1083873.8941719872,
      "active_destinations": 6,
      "yoy_growth_pct": -35.39535030136472
    },
    {
      "year": 2021,
      "export_value_usd": 91100.64753670112,
      "active_destinations": 8,
      "yoy_growth_pct": -91.59490342681458
    },
    {
      "year": 2022,
      "export_value_usd": 9312.084579640368,
      "active_destinations": 7,
      "yoy_growth_pct": -89.7782454555124
    },
    {
      "year": 2023,
      "export_value_usd": 744089.9842043243,
      "active_destinations": 9,
      "yoy_growth_pct": 7890.584469466459
    },
    {
      "year": 2024,
      "export_value_usd": 514450.68476672785,
      "active_destinations": 15,
      "yoy_growth_pct": -30.86176461347696
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "KOR",
    "exports_usd": 719146445390.6676,
    "imports_usd": 602781511915.9164,
    "trade_balance_usd": 116364933474.75122,
    "yoy_exports_growth_pct": 8.99738243181556,
    "yoy_imports_growth_pct": -2.0488493611390823,
    "exports_cagr_3y_pct": 2.3762912989319096,
    "imports_cagr_3y_pct": 0.5600101180488037,
    "export_partner_hhi": 1005.4152216058833,
    "export_product_hhi": 224.2651640980364,
    "momentum_score": 7.011055091950464,
    "risk_score": 6.148401928519599,
    "gdp_million_usd": 1875388.209406803,
    "gdp_per_capita_usd": 36238.63990831499,
    "population": 51751065,
    "labor_force": 28232.98,
    "investment_rate_pct": 32.11,
    "savings_rate_pct": 33.94,
    "secondary_education_pct": 97.7,
    "tertiary_education_pct": 60.3,
    "total_factor_productivity": 1485.56,
    "trade_openness_pct": 81.8058450718175,
    "exports_gdp_pct": 44.50347113880819,
    "num_active_partners": 270,
    "num_fta_partners": 58,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 1,
    "num_shared_language_partners": 1,
    "avg_partner_distance_km": 9523.444444444445,
    "avg_partner_gdp_million_usd": 533678518.3258193,
    "avg_partner_gdp_per_capita_usd": 15.774186170212769,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 21.48148148148148,
    "pct_partners_shared_language": 0.3703703703703704,
    "pct_partners_shared_border": 0.3703703703703704,
    "avg_applied_tariff_pct": 0.1325559179132643,
    "avg_mfn_tariff_pct": 0.13730118197136373,
    "avg_preferential_tariff_pct": 0.040044337595312784,
    "tariff_advantage_pp": 0.09725684437605095,
    "avg_distance_all_partners_km": 9624.182081122517,
    "num_border_partners": 20,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -10.797487279973065,
    "pct_products_high_elasticity": 75.69542668552569,
    "pct_products_low_elasticity": 2.710985384252711,
    "real_market_potential": 193723.88455191866,
    "foreign_market_potential": 21832.519125198414
  }
}
```