{
  "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/340510",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/340510",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/340510",
    "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": "340510",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 118,
    "current_lane_count": 44,
    "active_market_count": 44,
    "exports_latest_observed_lanes_usd": 2327850.547469856,
    "exports_current_2024_usd": 2158520.2685087817,
    "exports_avg_3y_usd": 1902834.699277568,
    "exports_avg_5y_usd": 1809046.1645450785,
    "exports_avg_10y_usd": 2149794.537613165,
    "exports_cagr_3y_pct": 7.8750952472234514,
    "exports_cagr_5y_pct": -0.8951371546334075,
    "exports_cagr_10y_pct": -4.184920845752793,
    "exports_all_year_lane_avg_usd": 2292697.235792678,
    "exports_historical_lane_peak_usd": 5800693.69284759,
    "historical_peak_year": 2011,
    "positive_growth_year_share_pct": 51.724137931034484,
    "trend_acceleration_pct": 12.060016092976245,
    "trend_label": "Growing",
    "top_market_iso3": "MNG",
    "top_market_exports_usd": 607434.4395010147,
    "top_market_share_pct": 26.09421984419214,
    "destination_hhi": 1374.0054118732844,
    "weighted_share_latest_pct": 17.836859567839017,
    "weighted_share_change_1y_pp": 3.3389339763689625,
    "weighted_volatility_cv": 0.7316662185789807,
    "weighted_max_drawdown_pct": 74.40455245505471,
    "limited_history_lane_share_pct": 39.83050847457627,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 340510,
      "hs_description": "Polishes, creams and similar preparations: for footwear or leather, excluding waxes of heading no. 3404",
      "hs_chapter": 34,
      "hs_heading": 3405,
      "substitution_elasticity": -9.0296211,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Polishes, creams and similar preparations: for footwear or leather, excluding waxes of heading no. 3404",
    "hs_chapter": 34,
    "hs_heading": 3405,
    "destinations": [
      {
        "hs_code": 340510,
        "corridor_rank": 65,
        "exporter_iso3": "KOR",
        "importer_iso3": "RUS",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 163261,
        "exports_all_year_avg_usd": 163013.64795554092,
        "exports_avg_3y_usd": 144916.33333333334,
        "exports_avg_5y_usd": 121418.09576750819,
        "exports_avg_10y_usd": 180235.13765645737,
        "exports_cagr_3y_pct": 81.3207863894829,
        "exports_cagr_5y_pct": -9.111340912175969,
        "exports_cagr_10y_pct": -9.209486498662011,
        "exports_historical_peak_usd": 571684.3384306891,
        "buyer_imports_latest_observed_usd": 13823273.243919421,
        "historical_peak_year": 2011,
        "positive_growth_year_share_pct": 48.275862068965516,
        "trend_acceleration_pct": 90.53027288814492,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -22.1868,
        "buyer_yoy_all_avg_pct": 10.5778,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 1.1810589078228286,
        "market_share_change_1y_pp": 0.17711846619063953,
        "peer_best_share_pct": 40.958967533182076,
        "peer_top_exporter": "TUR",
        "supplier_count_latest": 21,
        "buyer_market_hhi": 2173.41,
        "distance_km": 6614.064453125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.08969909843678159,
        "tariff_advantage_pp": 0.013839591919540248,
        "volatility_cv": 0.9411825275964487,
        "max_drawdown_pct": 96.9974518778018,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 340510,
      "num_markets": 80,
      "highest_price_importer_iso3": "DZA",
      "highest_price_usd_per_ton": 335000,
      "lowest_price_importer_iso3": "BGD",
      "lowest_price_usd_per_ton": 705.4246812189324,
      "median_price_across_markets": 8554.232804232804,
      "price_spread_pct": 3907.943388603657,
      "avg_quantity_metric_tons": 8.964840707964601,
      "total_trade_value_usd": 13371784
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 2380237.493513527,
        "active_destinations": 29,
        "yoy_growth_pct": 29.63853109329431
      },
      {
        "year": 2011,
        "export_value_usd": 3366758.9047042797,
        "active_destinations": 33,
        "yoy_growth_pct": 41.44634364760486
      },
      {
        "year": 2012,
        "export_value_usd": 3292510.9728568587,
        "active_destinations": 40,
        "yoy_growth_pct": -2.2053236940630465
      },
      {
        "year": 2013,
        "export_value_usd": 3059753.590458357,
        "active_destinations": 30,
        "yoy_growth_pct": -7.069297090194422
      },
      {
        "year": 2014,
        "export_value_usd": 3309920.051873753,
        "active_destinations": 38,
        "yoy_growth_pct": 8.176032939238112
      },
      {
        "year": 2015,
        "export_value_usd": 2492555.8119883398,
        "active_destinations": 47,
        "yoy_growth_pct": -24.69438013835716
      },
      {
        "year": 2016,
        "export_value_usd": 2653803.0171981095,
        "active_destinations": 43,
        "yoy_growth_pct": 6.469151239632266
      },
      {
        "year": 2017,
        "export_value_usd": 2613828.421982307,
        "active_destinations": 51,
        "yoy_growth_pct": -1.5063135792952638
      },
      {
        "year": 2018,
        "export_value_usd": 2434748.938468948,
        "active_destinations": 42,
        "yoy_growth_pct": -6.851233310009939
      },
      {
        "year": 2019,
        "export_value_usd": 2257778.3637685548,
        "active_destinations": 44,
        "yoy_growth_pct": -7.2685348334797215
      },
      {
        "year": 2020,
        "export_value_usd": 1617264.8352936576,
        "active_destinations": 43,
        "yoy_growth_pct": -28.36919419343662
      },
      {
        "year": 2021,
        "export_value_usd": 1719461.8895990301,
        "active_destinations": 54,
        "yoy_growth_pct": 6.319129191157856
      },
      {
        "year": 2022,
        "export_value_usd": 1916787.2237914703,
        "active_destinations": 55,
        "yoy_growth_pct": 11.475993471332792
      },
      {
        "year": 2023,
        "export_value_usd": 1633196.6055324534,
        "active_destinations": 45,
        "yoy_growth_pct": -14.795101654426984
      },
      {
        "year": 2024,
        "export_value_usd": 2158520.2685087817,
        "active_destinations": 44,
        "yoy_growth_pct": 32.16536583512325
      }
    ],
    "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": "340510",
    "hs_description": "Polishes, creams and similar preparations: for footwear or leather, excluding waxes of heading no. 3404",
    "hs_chapter": 34,
    "hs_heading": 3405
  },
  "destinations": [
    {
      "hs_code": 340510,
      "corridor_rank": 65,
      "exporter_iso3": "KOR",
      "importer_iso3": "RUS",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 163261,
      "exports_all_year_avg_usd": 163013.64795554092,
      "exports_avg_3y_usd": 144916.33333333334,
      "exports_avg_5y_usd": 121418.09576750819,
      "exports_avg_10y_usd": 180235.13765645737,
      "exports_cagr_3y_pct": 81.3207863894829,
      "exports_cagr_5y_pct": -9.111340912175969,
      "exports_cagr_10y_pct": -9.209486498662011,
      "exports_historical_peak_usd": 571684.3384306891,
      "buyer_imports_latest_observed_usd": 13823273.243919421,
      "historical_peak_year": 2011,
      "positive_growth_year_share_pct": 48.275862068965516,
      "trend_acceleration_pct": 90.53027288814492,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -22.1868,
      "buyer_yoy_all_avg_pct": 10.5778,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 1.1810589078228286,
      "market_share_change_1y_pp": 0.17711846619063953,
      "peer_best_share_pct": 40.958967533182076,
      "peer_top_exporter": "TUR",
      "supplier_count_latest": 21,
      "buyer_market_hhi": 2173.41,
      "distance_km": 6614.064453125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.08969909843678159,
      "tariff_advantage_pp": 0.013839591919540248,
      "volatility_cv": 0.9411825275964487,
      "max_drawdown_pct": 96.9974518778018,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 340510,
    "num_markets": 80,
    "highest_price_importer_iso3": "DZA",
    "highest_price_usd_per_ton": 335000,
    "lowest_price_importer_iso3": "BGD",
    "lowest_price_usd_per_ton": 705.4246812189324,
    "median_price_across_markets": 8554.232804232804,
    "price_spread_pct": 3907.943388603657,
    "avg_quantity_metric_tons": 8.964840707964601,
    "total_trade_value_usd": 13371784
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 2380237.493513527,
      "active_destinations": 29,
      "yoy_growth_pct": 29.63853109329431
    },
    {
      "year": 2011,
      "export_value_usd": 3366758.9047042797,
      "active_destinations": 33,
      "yoy_growth_pct": 41.44634364760486
    },
    {
      "year": 2012,
      "export_value_usd": 3292510.9728568587,
      "active_destinations": 40,
      "yoy_growth_pct": -2.2053236940630465
    },
    {
      "year": 2013,
      "export_value_usd": 3059753.590458357,
      "active_destinations": 30,
      "yoy_growth_pct": -7.069297090194422
    },
    {
      "year": 2014,
      "export_value_usd": 3309920.051873753,
      "active_destinations": 38,
      "yoy_growth_pct": 8.176032939238112
    },
    {
      "year": 2015,
      "export_value_usd": 2492555.8119883398,
      "active_destinations": 47,
      "yoy_growth_pct": -24.69438013835716
    },
    {
      "year": 2016,
      "export_value_usd": 2653803.0171981095,
      "active_destinations": 43,
      "yoy_growth_pct": 6.469151239632266
    },
    {
      "year": 2017,
      "export_value_usd": 2613828.421982307,
      "active_destinations": 51,
      "yoy_growth_pct": -1.5063135792952638
    },
    {
      "year": 2018,
      "export_value_usd": 2434748.938468948,
      "active_destinations": 42,
      "yoy_growth_pct": -6.851233310009939
    },
    {
      "year": 2019,
      "export_value_usd": 2257778.3637685548,
      "active_destinations": 44,
      "yoy_growth_pct": -7.2685348334797215
    },
    {
      "year": 2020,
      "export_value_usd": 1617264.8352936576,
      "active_destinations": 43,
      "yoy_growth_pct": -28.36919419343662
    },
    {
      "year": 2021,
      "export_value_usd": 1719461.8895990301,
      "active_destinations": 54,
      "yoy_growth_pct": 6.319129191157856
    },
    {
      "year": 2022,
      "export_value_usd": 1916787.2237914703,
      "active_destinations": 55,
      "yoy_growth_pct": 11.475993471332792
    },
    {
      "year": 2023,
      "export_value_usd": 1633196.6055324534,
      "active_destinations": 45,
      "yoy_growth_pct": -14.795101654426984
    },
    {
      "year": 2024,
      "export_value_usd": 2158520.2685087817,
      "active_destinations": 44,
      "yoy_growth_pct": 32.16536583512325
    }
  ],
  "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
  }
}