# Republic of Korea HS 271012 exports | Yugalinks

Explore reported HS 271012 exports from Republic of Korea: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Republic of Korea |
| HS6 | 271012 |
| Latest exports | $15.7B |
| Active destinations | 75 |
| Three-year growth | +11.7% |
| Destination HHI | 1,281 |
| Weighted share | 19.3% |

## Destination markets

- Japan: $3.4B; share 24.2%; growth +18.1%
- Singapore: $3.1B; share 14.9%; growth +17.9%
- Malaysia: $1.6B; share 13.5%; growth +6.5%
- Australia: $1.6B; share 23.8%; growth +25.7%
- China: $1.4B; share 13.5%; growth +6%
- Philippines: $1.3B; share 35.7%; growth +9.7%
- USA, Puerto Rico and US Virgin Islands: $910.0M; share 3.5%; growth +8.6%

## Price intelligence

- Highest reported market price: Not reported at Not reported.
- Lowest reported market price: Not reported at Not reported.
- Median reported price: Not reported.
- Price spread: Not reported.

## Export history

- 2010: $5.5B
- 2011: $9.8B
- 2012: $11.2B
- 2013: $11.6B
- 2014: $11.3B
- 2015: $8.1B
- 2016: $6.8B
- 2017: $8.3B
- 2018: $10.7B
- 2019: $9.9B
- 2020: $5.6B
- 2021: $11.1B
- 2022: $15.9B
- 2023: $14.2B
- 2024: $15.4B

## 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/271012",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/271012",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/271012",
    "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": "271012",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 152,
    "current_lane_count": 75,
    "active_market_count": 75,
    "exports_latest_observed_lanes_usd": 15663004171.208752,
    "exports_current_2024_usd": 15390868025.552378,
    "exports_avg_3y_usd": 15150932378.392881,
    "exports_avg_5y_usd": 12418734722.24047,
    "exports_avg_10y_usd": 10586698761.93599,
    "exports_cagr_3y_pct": 11.671242803635318,
    "exports_cagr_5y_pct": 9.233965915836162,
    "exports_cagr_10y_pct": 3.17078953229768,
    "exports_all_year_lane_avg_usd": 6482886869.626739,
    "exports_historical_lane_peak_usd": 22579081475.96357,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": 8.500453271337637,
    "trend_label": "Rapid growth",
    "top_market_iso3": "JPN",
    "top_market_exports_usd": 3394025949.9446206,
    "top_market_share_pct": 21.66906113824201,
    "destination_hhi": 1281.3909171875487,
    "weighted_share_latest_pct": 19.297489882037915,
    "weighted_share_change_1y_pp": 2.1549281832078226,
    "weighted_volatility_cv": 1.0523593701417044,
    "weighted_max_drawdown_pct": 84.65691157674945,
    "limited_history_lane_share_pct": 32.23684210526316,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": "271012"
    },
    "hs_description": null,
    "hs_chapter": null,
    "hs_heading": null,
    "destinations": [
      {
        "hs_code": 271012,
        "corridor_rank": 14,
        "exporter_iso3": "KOR",
        "importer_iso3": "JPN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 3394025949.9446206,
        "exports_all_year_avg_usd": 1942975912.9730687,
        "exports_avg_3y_usd": 2817749637.7072845,
        "exports_avg_5y_usd": 2389962746.0869536,
        "exports_avg_10y_usd": 2094831487.8711734,
        "exports_cagr_3y_pct": 18.140834368102876,
        "exports_cagr_5y_pct": 11.54439741382578,
        "exports_cagr_10y_pct": -0.30192090127112436,
        "exports_historical_peak_usd": 4328154029.26168,
        "buyer_imports_latest_observed_usd": 14025067126.790947,
        "historical_peak_year": 2012,
        "positive_growth_year_share_pct": 51.724137931034484,
        "trend_acceleration_pct": 18.442755269374,
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        "buyer_yoy_all_avg_pct": 8.0843,
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        "market_share_change_1y_pp": 5.192616839512443,
        "peer_best_share_pct": 29.67675323874801,
        "peer_top_exporter": "ARE",
        "supplier_count_latest": 39,
        "buyer_market_hhi": 1893.97,
        "distance_km": 1156.6695556640625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019192582961135757,
        "tariff_advantage_pp": 0.025107009371248486,
        "volatility_cv": 0.5307109050151793,
        "max_drawdown_pct": 69.82139976256954,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer macroeconomic trend has weakened",
        "risk_driver_labels": "['buyer_macro_weakness']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 271012,
        "corridor_rank": 17,
        "exporter_iso3": "KOR",
        "importer_iso3": "SGP",
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        "lane_data_years": 30,
        "exports_latest_observed_usd": 3059537759.075106,
        "exports_all_year_avg_usd": 797259100.7622591,
        "exports_avg_3y_usd": 2889211379.983314,
        "exports_avg_5y_usd": 2202184036.4963303,
        "exports_avg_10y_usd": 1472167821.4881053,
        "exports_cagr_3y_pct": 17.891820367079127,
        "exports_cagr_5y_pct": 31.079002037235103,
        "exports_cagr_10y_pct": 3.0710847053505574,
        "exports_historical_peak_usd": 3059537759.075106,
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        "buyer_yoy_all_avg_pct": 12.8909,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 14.883951769142985,
        "market_share_change_1y_pp": 3.54285041608291,
        "peer_best_share_pct": 21.948746694074917,
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        "buyer_market_hhi": 1066.59,
        "distance_km": 4676.6826171875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.003564984112044444,
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        "volatility_cv": 1.154470752181426,
        "max_drawdown_pct": 80.1067716082877,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 271012,
        "corridor_rank": 50,
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        "importer_iso3": "MYS",
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        "exports_latest_observed_usd": 1647880867.3369906,
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        "exports_avg_3y_usd": 1614557318.2792828,
        "exports_avg_5y_usd": 1324415102.2714288,
        "exports_avg_10y_usd": 825243988.2000182,
        "exports_cagr_3y_pct": 6.456564755543215,
        "exports_cagr_5y_pct": 30.329966789482565,
        "exports_cagr_10y_pct": 12.020700592564172,
        "exports_historical_peak_usd": 1747355567.6467779,
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        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
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        "exporter_iso3": "KOR",
        "importer_iso3": "AUS",
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        "exports_avg_10y_usd": 1114287278.2065225,
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        "exports_historical_peak_usd": 1554780088.7794762,
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        "peer_top_exporter": "RUS",
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        "distance_km": 955.6510620117188,
        "has_reported_fta": 1,
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        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
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        "signal_flag": "Accelerating",
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        "refreshed_at": "2026-07-20 09:30:25"
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        "exporter_iso3": "KOR",
        "importer_iso3": "PHL",
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        "exports_latest_observed_usd": 1303826117.1250515,
        "exports_all_year_avg_usd": 481921203.1985025,
        "exports_avg_3y_usd": 1539599855.6706192,
        "exports_avg_5y_usd": 1208336461.6045532,
        "exports_avg_10y_usd": 957328531.4245743,
        "exports_cagr_3y_pct": 9.7082475722305,
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        "volatility_cv": 1.0078013425289838,
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        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
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        "corridor_rank": 93,
        "exporter_iso3": "KOR",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 909958176.5281733,
        "exports_all_year_avg_usd": 270771565.7056925,
        "exports_avg_3y_usd": 901143487.0457134,
        "exports_avg_5y_usd": 734077763.671726,
        "exports_avg_10y_usd": 457350280.249307,
        "exports_cagr_3y_pct": 8.567475780057343,
        "exports_cagr_5y_pct": 23.355831687706097,
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        "peer_top_exporter": "CAN",
        "supplier_count_latest": 74,
        "buyer_market_hhi": 887.33,
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        "has_reported_fta": 1,
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        "volatility_cv": 0.9967885872451059,
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        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {},
    "history": [
      {
        "year": 2010,
        "export_value_usd": 5529135669.19025,
        "active_destinations": 58,
        "yoy_growth_pct": 27.822365723599546
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      {
        "year": 2011,
        "export_value_usd": 9792327136.144968,
        "active_destinations": 56,
        "yoy_growth_pct": 77.10412118679425
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      {
        "year": 2012,
        "export_value_usd": 11224359943.940111,
        "active_destinations": 54,
        "yoy_growth_pct": 14.624029486405659
      },
      {
        "year": 2013,
        "export_value_usd": 11591442712.164627,
        "active_destinations": 52,
        "yoy_growth_pct": 3.270411587457147
      },
      {
        "year": 2014,
        "export_value_usd": 11264076037.908648,
        "active_destinations": 72,
        "yoy_growth_pct": -2.824209914029294
      },
      {
        "year": 2015,
        "export_value_usd": 8078040657.329111,
        "active_destinations": 73,
        "yoy_growth_pct": -28.284924301443848
      },
      {
        "year": 2016,
        "export_value_usd": 6803776860.13511,
        "active_destinations": 71,
        "yoy_growth_pct": -15.77441673356616
      },
      {
        "year": 2017,
        "export_value_usd": 8306743266.026612,
        "active_destinations": 64,
        "yoy_growth_pct": 22.09017780547342
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      {
        "year": 2018,
        "export_value_usd": 10688413267.777128,
        "active_destinations": 75,
        "yoy_growth_pct": 28.671525355685475
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      {
        "year": 2019,
        "export_value_usd": 9896339956.889568,
        "active_destinations": 77,
        "yoy_growth_pct": -7.410579017144306
      },
      {
        "year": 2020,
        "export_value_usd": 5588922550.184414,
        "active_destinations": 83,
        "yoy_growth_pct": -43.52535811693135
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      {
        "year": 2021,
        "export_value_usd": 11051953925.839298,
        "active_destinations": 78,
        "yoy_growth_pct": 97.7474875810298
      },
      {
        "year": 2022,
        "export_value_usd": 15890137010.518593,
        "active_destinations": 74,
        "yoy_growth_pct": 43.77672144803008
      },
      {
        "year": 2023,
        "export_value_usd": 14171792099.107676,
        "active_destinations": 80,
        "yoy_growth_pct": -10.813908717548792
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    "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
  }
}
```