{
  "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/291511",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/291511",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/291511",
    "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": "291511",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 92,
    "current_lane_count": 17,
    "active_market_count": 17,
    "exports_latest_observed_lanes_usd": 1535302.033915289,
    "exports_current_2024_usd": 126967.07034559155,
    "exports_avg_3y_usd": 112960.82309183742,
    "exports_avg_5y_usd": 183926.7187693126,
    "exports_avg_10y_usd": 213751.57516267672,
    "exports_cagr_3y_pct": -31.36739297554315,
    "exports_cagr_5y_pct": -14.633702209644085,
    "exports_cagr_10y_pct": -34.36403329734185,
    "exports_all_year_lane_avg_usd": 7113108.564547189,
    "exports_historical_lane_peak_usd": 23939779.980611518,
    "historical_peak_year": 2008,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": 2.996640321798697,
    "trend_label": "Rapid decline",
    "top_market_iso3": "GBR",
    "top_market_exports_usd": 262037.8502070772,
    "top_market_share_pct": 17.067511435442757,
    "destination_hhi": 756.317540018929,
    "weighted_share_latest_pct": 5.455249286678247,
    "weighted_share_change_1y_pp": -0.00398570312676755,
    "weighted_volatility_cv": 0.7838869403884751,
    "weighted_max_drawdown_pct": 68.01780021915087,
    "limited_history_lane_share_pct": 45.65217391304348,
    "data_freshness_years": 0,
    "coverage_score": 88.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 291511,
      "hs_description": "Acids: saturated acyclic monocarboxylic acids: formic acid",
      "hs_chapter": 29,
      "hs_heading": 2915,
      "substitution_elasticity": -6.9640293,
      "price_range_label": "Low price range",
      "trade_type_label": "Two-way vertical trade"
    },
    "hs_description": "Acids: saturated acyclic monocarboxylic acids: formic acid",
    "hs_chapter": 29,
    "hs_heading": 2915,
    "destinations": [
      {
        "hs_code": 291511,
        "corridor_rank": 57,
        "exporter_iso3": "KOR",
        "importer_iso3": "NLD",
        "latest_data_year": 2014,
        "lane_data_years": 15,
        "exports_latest_observed_usd": 147881.83791405414,
        "exports_all_year_avg_usd": 900411.7499143899,
        "exports_avg_3y_usd": 147881.83791405414,
        "exports_avg_5y_usd": 969061.8504146353,
        "exports_avg_10y_usd": 1488919.4282179293,
        "exports_cagr_3y_pct": -6.474707681535685,
        "exports_cagr_5y_pct": -42.62768379367283,
        "exports_cagr_10y_pct": 5.329114115928313,
        "exports_historical_peak_usd": 2578533.189457433,
        "buyer_imports_latest_observed_usd": 31402233.82375867,
        "historical_peak_year": 2010,
        "positive_growth_year_share_pct": 64.28571428571429,
        "trend_acceleration_pct": -11.803821797463998,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -18.8093,
        "buyer_yoy_all_avg_pct": 83.5065,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 0.6800358097699959,
        "market_share_change_1y_pp": -0.1189566590239246,
        "peer_best_share_pct": 30.141279050410795,
        "peer_top_exporter": "FIN",
        "supplier_count_latest": 29,
        "buyer_market_hhi": 2498.34,
        "distance_km": 8573.1826171875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.017017810458070715,
        "tariff_advantage_pp": 0.044109323943012604,
        "volatility_cv": 1.05833173107123,
        "max_drawdown_pct": 94.26488522549631,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 291511,
        "corridor_rank": 69,
        "exporter_iso3": "KOR",
        "importer_iso3": "ESP",
        "latest_data_year": 2021,
        "lane_data_years": 19,
        "exports_latest_observed_usd": 83374.05660173466,
        "exports_all_year_avg_usd": 503112.74015970057,
        "exports_avg_3y_usd": 83374.05660173466,
        "exports_avg_5y_usd": 83374.05660173466,
        "exports_avg_10y_usd": 303726.1501397258,
        "exports_cagr_3y_pct": -39.85058732802608,
        "exports_cagr_5y_pct": -26.287891422747855,
        "exports_cagr_10y_pct": -19.141096274391288,
        "exports_historical_peak_usd": 1187314.3444103189,
        "buyer_imports_latest_observed_usd": 15544450.539171727,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 38.888888888888886,
        "trend_acceleration_pct": -20.709491053634792,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -10.4444,
        "buyer_yoy_all_avg_pct": 26.1663,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 0.6138976986916453,
        "market_share_change_1y_pp": -4.181644003278687,
        "peer_best_share_pct": 37.185909646825664,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 15,
        "buyer_market_hhi": 2660.08,
        "distance_km": 10012.6416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.017017810458070715,
        "tariff_advantage_pp": 0.044109323943012604,
        "volatility_cv": 0.6300404953051981,
        "max_drawdown_pct": 92.97792897102221,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 291511,
        "corridor_rank": 77,
        "exporter_iso3": "KOR",
        "importer_iso3": "BRA",
        "latest_data_year": 2014,
        "lane_data_years": 10,
        "exports_latest_observed_usd": 69754.4701245707,
        "exports_all_year_avg_usd": 104245.16010665132,
        "exports_avg_3y_usd": 53457.50062342557,
        "exports_avg_5y_usd": 53457.50062342557,
        "exports_avg_10y_usd": 127677.02930887933,
        "exports_cagr_3y_pct": 60.11156654283318,
        "exports_cagr_5y_pct": 32.63362028715735,
        "exports_cagr_10y_pct": -7.828671043556645,
        "exports_historical_peak_usd": 438981.64311480214,
        "buyer_imports_latest_observed_usd": 17605828.679897387,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 55.55555555555556,
        "trend_acceleration_pct": 67.94023758638983,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 11.0077,
        "buyer_yoy_all_avg_pct": 14.0012,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 0.6671793757521964,
        "market_share_change_1y_pp": 0.4281100639416809,
        "peer_best_share_pct": 53.823497175152866,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 17,
        "buyer_market_hhi": 4169.2,
        "distance_km": 18364.505859375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.28836246655353537,
        "tariff_advantage_pp": 0.24892863733252518,
        "volatility_cv": 1.1893327657440074,
        "max_drawdown_pct": 96.12869343391432,
        "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']",
        "signal_flag": "Stable",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 291511,
        "corridor_rank": 85,
        "exporter_iso3": "KOR",
        "importer_iso3": "IND",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 57043.221872802475,
        "exports_all_year_avg_usd": 252461.16435805382,
        "exports_avg_3y_usd": 48336.57731282491,
        "exports_avg_5y_usd": 62286.38485531977,
        "exports_avg_10y_usd": 52449.64393526448,
        "exports_cagr_3y_pct": -19.615631885262363,
        "exports_cagr_5y_pct": -7.944400684212905,
        "exports_cagr_10y_pct": -30.605675355169836,
        "exports_historical_peak_usd": 2202746.4600142413,
        "buyer_imports_latest_observed_usd": 13597559.369063864,
        "historical_peak_year": 2014,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": 10.990043469907473,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -2.6556,
        "buyer_yoy_all_avg_pct": 14.0574,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 0.4195107395712711,
        "market_share_change_1y_pp": 0.13580170186604695,
        "peer_best_share_pct": 79.98125286360043,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 18,
        "buyer_market_hhi": 6568.54,
        "distance_km": 4692.671875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.5178343248545455,
        "tariff_advantage_pp": 0.4423262793264647,
        "volatility_cv": 1.6527053121435593,
        "max_drawdown_pct": 99.2839462083071,
        "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']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 291511,
      "num_markets": 34,
      "highest_price_importer_iso3": "S19",
      "highest_price_usd_per_ton": 125920,
      "lowest_price_importer_iso3": "IND",
      "lowest_price_usd_per_ton": 161.11414330173028,
      "median_price_across_markets": 6392.461197339246,
      "price_spread_pct": 1967.2999487121374,
      "avg_quantity_metric_tons": 16.063827160493826,
      "total_trade_value_usd": 769156
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 9377322.730177388,
        "active_destinations": 26,
        "yoy_growth_pct": -8.242342466066194
      },
      {
        "year": 2011,
        "export_value_usd": 3369722.9090876696,
        "active_destinations": 20,
        "yoy_growth_pct": -64.06519210175541
      },
      {
        "year": 2012,
        "export_value_usd": 300575.3471934806,
        "active_destinations": 18,
        "yoy_growth_pct": -91.08011681367417
      },
      {
        "year": 2013,
        "export_value_usd": 4223425.361263967,
        "active_destinations": 39,
        "yoy_growth_pct": 1305.1136930219845
      },
      {
        "year": 2014,
        "export_value_usd": 8556028.814956335,
        "active_destinations": 45,
        "yoy_growth_pct": 102.58506030270478
      },
      {
        "year": 2015,
        "export_value_usd": 360861.1439259121,
        "active_destinations": 21,
        "yoy_growth_pct": -95.78237577583762
      },
      {
        "year": 2016,
        "export_value_usd": 94217.39340187695,
        "active_destinations": 17,
        "yoy_growth_pct": -73.89095640033203
      },
      {
        "year": 2017,
        "export_value_usd": 205636.46270671027,
        "active_destinations": 22,
        "yoy_growth_pct": 118.25743133179662
      },
      {
        "year": 2018,
        "export_value_usd": 277102.1415462702,
        "active_destinations": 21,
        "yoy_growth_pct": 34.75340797973565
      },
      {
        "year": 2019,
        "export_value_usd": 280065.0161994349,
        "active_destinations": 20,
        "yoy_growth_pct": 1.0692355665789428
      },
      {
        "year": 2020,
        "export_value_usd": 188016.12086526174,
        "active_destinations": 12,
        "yoy_growth_pct": -32.86697374177749
      },
      {
        "year": 2021,
        "export_value_usd": 392735.003705789,
        "active_destinations": 18,
        "yoy_growth_pct": 108.88368608946848
      },
      {
        "year": 2022,
        "export_value_usd": 95430.52851742734,
        "active_destinations": 15,
        "yoy_growth_pct": -75.70103820210598
      },
      {
        "year": 2023,
        "export_value_usd": 116484.8704124934,
        "active_destinations": 22,
        "yoy_growth_pct": 22.062480657037494
      },
      {
        "year": 2024,
        "export_value_usd": 126967.07034559155,
        "active_destinations": 17,
        "yoy_growth_pct": 8.99876515806631
      }
    ],
    "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": "291511",
    "hs_description": "Acids: saturated acyclic monocarboxylic acids: formic acid",
    "hs_chapter": 29,
    "hs_heading": 2915
  },
  "destinations": [
    {
      "hs_code": 291511,
      "corridor_rank": 57,
      "exporter_iso3": "KOR",
      "importer_iso3": "NLD",
      "latest_data_year": 2014,
      "lane_data_years": 15,
      "exports_latest_observed_usd": 147881.83791405414,
      "exports_all_year_avg_usd": 900411.7499143899,
      "exports_avg_3y_usd": 147881.83791405414,
      "exports_avg_5y_usd": 969061.8504146353,
      "exports_avg_10y_usd": 1488919.4282179293,
      "exports_cagr_3y_pct": -6.474707681535685,
      "exports_cagr_5y_pct": -42.62768379367283,
      "exports_cagr_10y_pct": 5.329114115928313,
      "exports_historical_peak_usd": 2578533.189457433,
      "buyer_imports_latest_observed_usd": 31402233.82375867,
      "historical_peak_year": 2010,
      "positive_growth_year_share_pct": 64.28571428571429,
      "trend_acceleration_pct": -11.803821797463998,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": -18.8093,
      "buyer_yoy_all_avg_pct": 83.5065,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 0.6800358097699959,
      "market_share_change_1y_pp": -0.1189566590239246,
      "peer_best_share_pct": 30.141279050410795,
      "peer_top_exporter": "FIN",
      "supplier_count_latest": 29,
      "buyer_market_hhi": 2498.34,
      "distance_km": 8573.1826171875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.017017810458070715,
      "tariff_advantage_pp": 0.044109323943012604,
      "volatility_cv": 1.05833173107123,
      "max_drawdown_pct": 94.26488522549631,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
      "signal_flag": "Growing",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 291511,
      "corridor_rank": 69,
      "exporter_iso3": "KOR",
      "importer_iso3": "ESP",
      "latest_data_year": 2021,
      "lane_data_years": 19,
      "exports_latest_observed_usd": 83374.05660173466,
      "exports_all_year_avg_usd": 503112.74015970057,
      "exports_avg_3y_usd": 83374.05660173466,
      "exports_avg_5y_usd": 83374.05660173466,
      "exports_avg_10y_usd": 303726.1501397258,
      "exports_cagr_3y_pct": -39.85058732802608,
      "exports_cagr_5y_pct": -26.287891422747855,
      "exports_cagr_10y_pct": -19.141096274391288,
      "exports_historical_peak_usd": 1187314.3444103189,
      "buyer_imports_latest_observed_usd": 15544450.539171727,
      "historical_peak_year": 2008,
      "positive_growth_year_share_pct": 38.888888888888886,
      "trend_acceleration_pct": -20.709491053634792,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -10.4444,
      "buyer_yoy_all_avg_pct": 26.1663,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 0.6138976986916453,
      "market_share_change_1y_pp": -4.181644003278687,
      "peer_best_share_pct": 37.185909646825664,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 15,
      "buyer_market_hhi": 2660.08,
      "distance_km": 10012.6416015625,
      "has_reported_fta": 1,
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