T3 · Product exporter position

Republic of Korea exports of Nitrogen-function compounds: n.e.c. in chapter 29, isocyanates (HS 292910)

See where Republic of Korea stands in nitrogen-function compounds: n.e.c. in chapter 29, isocyanates: export scale, destination breadth, market position, growth, and reported trade history.

Exporter KORHS6 292910Latest year 2024Stable

Latest exports

$768.1MLatest observed lane total

Destination markets

128Reported active markets

Three-year growth

-2.1%Annualized change

Destination HHI

643Destination concentration

Weighted share

27.9%Reported market position

Exporter evidence

How strong is Republic of Korea in Nitrogen-function compounds: n.e.c. in chapter 29, isocyanates?

Reported exporter totals and calculated indicators for HS 292910. Values retain their observed coverage period.

Exporter scale

Latest exports$768.1M
Current 2024 exports$764.3M
Three-year average$848.6M
Historical peak$2.0B

Market position

Active destinations128
Destination HHI643
Weighted share27.9%
Share change+2 pp

Competitiveness

Three-year growth-2.1%
Volatility0.9
Maximum drawdown77.2%
TrendStable
MeasureValueWhat it describes
ExporterRepublic of KoreaCountry represented by this profile
Latest observed exports$768.1MSum of latest observed destination-lane values
Current 2024 exports$764.3MCommon-year comparison where reported
Three-year growth-2.1%Annualized change in exporter totals
Five-year growth+4.2%Annualized change in exporter totals
Leading destinationCHNDestination with the largest observed export value
Leading destination share15.2%Share of observed exporter totals
Destination concentration643HHI across destination markets
Weighted share change+2 ppValue-weighted latest change in market share
Limited-history lanes11.1%Share of lanes with shorter history

Destination markets

Where does Republic of Korea sell nitrogen-function compounds: n.e.c. in chapter 29, isocyanates?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
China$116.6M34%+2.6%FTA reportedGrowing
India$81.8M26.8%+7.6%FTA reportedAccelerating
Turkey$73.0M26.7%-8.4%FTA reportedGrowing
Indonesia$58.6M40%+1.3%FTA reportedGrowing
Russia$57.4M40.5%+31.9%0.1% tariffAccelerating
Viet Nam$46.7M20.2%+3.4%FTA reportedAccelerating
Nigeria$23.9M42.4%+2.2%0.3% tariffGrowing
Brazil$21.1M8%+4.7%0.3% tariffAccelerating
Taiwan$19.0M11.5%-18.9%Not reportedGrowing
Pakistan$18.8M33.3%-12.2%0.4% tariffGrowing
Thailand$16.3M21.1%+7.5%FTA reportedGrowing
Malaysia$14.6M31.3%+1.7%FTA reportedGrowing
Colombia$13.6M36.4%+34.4%0.1% tariffAccelerating

Destination

China

Latest exports
$116.6M
Market share
34%
Growth
+2.6%
Access
FTA reported
Signal
Growing

Destination

India

Latest exports
$81.8M
Market share
26.8%
Growth
+7.6%
Access
FTA reported
Signal
Accelerating

Destination

Turkey

Latest exports
$73.0M
Market share
26.7%
Growth
-8.4%
Access
FTA reported
Signal
Growing

Destination

Indonesia

Latest exports
$58.6M
Market share
40%
Growth
+1.3%
Access
FTA reported
Signal
Growing

Destination

Russia

Latest exports
$57.4M
Market share
40.5%
Growth
+31.9%
Access
0.1% tariff
Signal
Accelerating

Destination

Viet Nam

Latest exports
$46.7M
Market share
20.2%
Growth
+3.4%
Access
FTA reported
Signal
Accelerating

Destination

Nigeria

Latest exports
$23.9M
Market share
42.4%
Growth
+2.2%
Access
0.3% tariff
Signal
Growing

Destination

Brazil

Latest exports
$21.1M
Market share
8%
Growth
+4.7%
Access
0.3% tariff
Signal
Accelerating

Destination

Taiwan

Latest exports
$19.0M
Market share
11.5%
Growth
-18.9%
Access
Not reported
Signal
Growing

Destination

Pakistan

Latest exports
$18.8M
Market share
33.3%
Growth
-12.2%
Access
0.4% tariff
Signal
Growing

Destination

Thailand

Latest exports
$16.3M
Market share
21.1%
Growth
+7.5%
Access
FTA reported
Signal
Growing

Destination

Malaysia

Latest exports
$14.6M
Market share
31.3%
Growth
+1.7%
Access
FTA reported
Signal
Growing

Destination

Colombia

Latest exports
$13.6M
Market share
36.4%
Growth
+34.4%
Access
0.1% tariff
Signal
Accelerating

Price intelligence

How does Republic of Korea's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Norway: $140.2K / ton.

Lowest reported price

Laos: $250.0 / ton.

Median price

$2.4K / ton across reported markets.

Export trend

Reported export history

Annual observations for Republic of Korea and HS 292910 where available.

YearExportsYear-on-year changeActive destinations
2010$791.2M+15.1%104
2011$732.8M-7.4%111
2012$778.6M+6.2%114
2013$757.4M-2.7%112
2014$699.7M-7.6%111
2015$556.6M-20.5%116
2016$676.1M+21.5%121
2017$1.2B+78.4%134
2018$1.3B+7.1%132
2019$622.0M-51.9%122
2020$498.1M-19.9%128
2021$814.8M+63.6%128
2022$892.8M+9.6%130
2023$888.8M-0.5%136
2024$764.3M-14%128

Exporter context

Republic of Korea economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 292910.

Republic of Korea has reported exports of $719.1B and a trade balance of $116.4B in 2024.

Available structural indicators include 81.8% trade openness, 32.1% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about Republic of Korea nitrogen-function compounds: n.e.c. in chapter 29, isocyanates exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.