{
  "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/340319",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/340319",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/340319",
    "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": "340319",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 165,
    "current_lane_count": 107,
    "active_market_count": 107,
    "exports_latest_observed_lanes_usd": 65422539.95180923,
    "exports_current_2024_usd": 65244914.57312339,
    "exports_avg_3y_usd": 59994519.182079494,
    "exports_avg_5y_usd": 54114057.72665586,
    "exports_avg_10y_usd": 51970875.258774735,
    "exports_cagr_3y_pct": 11.942920626922104,
    "exports_cagr_5y_pct": 4.4488780200890865,
    "exports_cagr_10y_pct": 3.411509758715958,
    "exports_all_year_lane_avg_usd": 33445508.069253806,
    "exports_historical_lane_peak_usd": 102422324.68596843,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 72.41379310344827,
    "trend_acceleration_pct": 8.531410868206146,
    "trend_label": "Rapid growth",
    "top_market_iso3": "CHN",
    "top_market_exports_usd": 17806230.357407503,
    "top_market_share_pct": 27.217271555833385,
    "destination_hhi": 1226.409567983515,
    "weighted_share_latest_pct": 8.050954369461328,
    "weighted_share_change_1y_pp": -0.11485894120164611,
    "weighted_volatility_cv": 0.8969901770433379,
    "weighted_max_drawdown_pct": 71.74116699363013,
    "limited_history_lane_share_pct": 23.03030303030303,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 340319,
      "hs_description": "Lubricating preparations: (other than for the treatment of textile and similar materials), containing less than 70% (by weight) of petroleum oils or oils obtained from bituminous minerals",
      "hs_chapter": 34,
      "hs_heading": 3403,
      "substitution_elasticity": -7.2775488,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Lubricating preparations: (other than for the treatment of textile and similar materials), containing less than 70% (by weight) of petroleum oils or oils obtained from bituminous minerals",
    "hs_chapter": 34,
    "hs_heading": 3403,
    "destinations": [
      {
        "hs_code": 340319,
        "corridor_rank": 49,
        "exporter_iso3": "KOR",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 17806230.357407503,
        "exports_all_year_avg_usd": 8863860.232256388,
        "exports_avg_3y_usd": 16476230.511842115,
        "exports_avg_5y_usd": 15310283.053551946,
        "exports_avg_10y_usd": 14808979.462058056,
        "exports_cagr_3y_pct": 9.424890573021605,
        "exports_cagr_5y_pct": 0.7153937269503308,
        "exports_cagr_10y_pct": 1.9341701362333152,
        "exports_historical_peak_usd": 17806230.357407503,
        "buyer_imports_latest_observed_usd": 358526973.2624985,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 72.41379310344827,
        "trend_acceleration_pct": 7.49072043678829,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -6.4807,
        "buyer_yoy_all_avg_pct": 14.709,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 4.966496717213665,
        "market_share_change_1y_pp": 0.5151069139266138,
        "peer_best_share_pct": 23.599042948073752,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 57,
        "buyer_market_hhi": 1483.05,
        "distance_km": 955.6510620117188,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.29886233885252517,
        "tariff_advantage_pp": 0.19096898705858587,
        "volatility_cv": 0.5969275079377113,
        "max_drawdown_pct": 45.81868794841912,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 340319,
      "num_markets": 129,
      "highest_price_importer_iso3": "ECU",
      "highest_price_usd_per_ton": 772657.9925650557,
      "lowest_price_importer_iso3": "ROU",
      "lowest_price_usd_per_ton": 364.2857142857143,
      "median_price_across_markets": 4733.333333333334,
      "price_spread_pct": 16316.06422924162,
      "avg_quantity_metric_tons": 209.95805285412266,
      "total_trade_value_usd": 281768803
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 32615594.852215063,
        "active_destinations": 80,
        "yoy_growth_pct": 34.1204915210562
      },
      {
        "year": 2011,
        "export_value_usd": 39859765.87058023,
        "active_destinations": 85,
        "yoy_growth_pct": 22.21075853802246
      },
      {
        "year": 2012,
        "export_value_usd": 43102940.67440461,
        "active_destinations": 81,
        "yoy_growth_pct": 8.136462252072855
      },
      {
        "year": 2013,
        "export_value_usd": 41876865.25527464,
        "active_destinations": 95,
        "yoy_growth_pct": -2.8445284705552427
      },
      {
        "year": 2014,
        "export_value_usd": 46650669.42818707,
        "active_destinations": 97,
        "yoy_growth_pct": 11.399621590135963
      },
      {
        "year": 2015,
        "export_value_usd": 46846147.36849289,
        "active_destinations": 99,
        "yoy_growth_pct": 0.41902494155357883
      },
      {
        "year": 2016,
        "export_value_usd": 45951300.183316186,
        "active_destinations": 99,
        "yoy_growth_pct": -1.9101830896312808
      },
      {
        "year": 2017,
        "export_value_usd": 50794470.09774898,
        "active_destinations": 100,
        "yoy_growth_pct": 10.539788635167351
      },
      {
        "year": 2018,
        "export_value_usd": 53062444.30169368,
        "active_destinations": 91,
        "yoy_growth_pct": 4.465002193310028
      },
      {
        "year": 2019,
        "export_value_usd": 52484102.00321641,
        "active_destinations": 95,
        "yoy_growth_pct": -1.0899277371939873
      },
      {
        "year": 2020,
        "export_value_usd": 44075614.46442481,
        "active_destinations": 99,
        "yoy_growth_pct": -16.02101820904985
      },
      {
        "year": 2021,
        "export_value_usd": 46511116.62261602,
        "active_destinations": 100,
        "yoy_growth_pct": 5.525736141822827
      },
      {
        "year": 2022,
        "export_value_usd": 53718627.174688935,
        "active_destinations": 98,
        "yoy_growth_pct": 15.496318031995521
      },
      {
        "year": 2023,
        "export_value_usd": 61020015.798426166,
        "active_destinations": 107,
        "yoy_growth_pct": 13.591912168554988
      },
      {
        "year": 2024,
        "export_value_usd": 65244914.57312339,
        "active_destinations": 107,
        "yoy_growth_pct": 6.923791676248944
      }
    ],
    "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": "340319",
    "hs_description": "Lubricating preparations: (other than for the treatment of textile and similar materials), containing less than 70% (by weight) of petroleum oils or oils obtained from bituminous minerals",
    "hs_chapter": 34,
    "hs_heading": 3403
  },
  "destinations": [
    {
      "hs_code": 340319,
      "corridor_rank": 49,
      "exporter_iso3": "KOR",
      "importer_iso3": "CHN",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 17806230.357407503,
      "exports_all_year_avg_usd": 8863860.232256388,
      "exports_avg_3y_usd": 16476230.511842115,
      "exports_avg_5y_usd": 15310283.053551946,
      "exports_avg_10y_usd": 14808979.462058056,
      "exports_cagr_3y_pct": 9.424890573021605,
      "exports_cagr_5y_pct": 0.7153937269503308,
      "exports_cagr_10y_pct": 1.9341701362333152,
      "exports_historical_peak_usd": 17806230.357407503,
      "buyer_imports_latest_observed_usd": 358526973.2624985,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 72.41379310344827,
      "trend_acceleration_pct": 7.49072043678829,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": -6.4807,
      "buyer_yoy_all_avg_pct": 14.709,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 4.966496717213665,
      "market_share_change_1y_pp": 0.5151069139266138,
      "peer_best_share_pct": 23.599042948073752,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 57,
      "buyer_market_hhi": 1483.05,
      "distance_km": 955.6510620117188,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.29886233885252517,
      "tariff_advantage_pp": 0.19096898705858587,
      "volatility_cv": 0.5969275079377113,
      "max_drawdown_pct": 45.81868794841912,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 340319,
    "num_markets": 129,
    "highest_price_importer_iso3": "ECU",
    "highest_price_usd_per_ton": 772657.9925650557,
    "lowest_price_importer_iso3": "ROU",
    "lowest_price_usd_per_ton": 364.2857142857143,
    "median_price_across_markets": 4733.333333333334,
    "price_spread_pct": 16316.06422924162,
    "avg_quantity_metric_tons": 209.95805285412266,
    "total_trade_value_usd": 281768803
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 32615594.852215063,
      "active_destinations": 80,
      "yoy_growth_pct": 34.1204915210562
    },
    {
      "year": 2011,
      "export_value_usd": 39859765.87058023,
      "active_destinations": 85,
      "yoy_growth_pct": 22.21075853802246
    },
    {
      "year": 2012,
      "export_value_usd": 43102940.67440461,
      "active_destinations": 81,
      "yoy_growth_pct": 8.136462252072855
    },
    {
      "year": 2013,
      "export_value_usd": 41876865.25527464,
      "active_destinations": 95,
      "yoy_growth_pct": -2.8445284705552427
    },
    {
      "year": 2014,
      "export_value_usd": 46650669.42818707,
      "active_destinations": 97,
      "yoy_growth_pct": 11.399621590135963
    },
    {
      "year": 2015,
      "export_value_usd": 46846147.36849289,
      "active_destinations": 99,
      "yoy_growth_pct": 0.41902494155357883
    },
    {
      "year": 2016,
      "export_value_usd": 45951300.183316186,
      "active_destinations": 99,
      "yoy_growth_pct": -1.9101830896312808
    },
    {
      "year": 2017,
      "export_value_usd": 50794470.09774898,
      "active_destinations": 100,
      "yoy_growth_pct": 10.539788635167351
    },
    {
      "year": 2018,
      "export_value_usd": 53062444.30169368,
      "active_destinations": 91,
      "yoy_growth_pct": 4.465002193310028
    },
    {
      "year": 2019,
      "export_value_usd": 52484102.00321641,
      "active_destinations": 95,
      "yoy_growth_pct": -1.0899277371939873
    },
    {
      "year": 2020,
      "export_value_usd": 44075614.46442481,
      "active_destinations": 99,
      "yoy_growth_pct": -16.02101820904985
    },
    {
      "year": 2021,
      "export_value_usd": 46511116.62261602,
      "active_destinations": 100,
      "yoy_growth_pct": 5.525736141822827
    },
    {
      "year": 2022,
      "export_value_usd": 53718627.174688935,
      "active_destinations": 98,
      "yoy_growth_pct": 15.496318031995521
    },
    {
      "year": 2023,
      "export_value_usd": 61020015.798426166,
      "active_destinations": 107,
      "yoy_growth_pct": 13.591912168554988
    },
    {
      "year": 2024,
      "export_value_usd": 65244914.57312339,
      "active_destinations": 107,
      "yoy_growth_pct": 6.923791676248944
    }
  ],
  "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
  }
}