# Republic of Korea HS 401039 exports | Yugalinks

Explore reported HS 401039 exports from Republic of Korea: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Republic of Korea |
| HS6 | 401039 |
| Latest exports | $18.2M |
| Active destinations | 149 |
| Three-year growth | +3.5% |
| Destination HHI | 490 |
| Weighted share | 4.9% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Ecuador at $815.2K / ton.
- Lowest reported market price: Ghana at $221.4 / ton.
- Median reported price: $23.8K / ton.
- Price spread: 3,420%.

## Export history

- 2010: $22.2M
- 2011: $30.4M
- 2012: $32.8M
- 2013: $29.4M
- 2014: $28.0M
- 2015: $25.1M
- 2016: $22.6M
- 2017: $23.0M
- 2018: $21.0M
- 2019: $19.9M
- 2020: $16.3M
- 2021: $16.4M
- 2022: $17.0M
- 2023: $17.8M
- 2024: $18.2M

## 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/401039",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/401039",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/401039",
    "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": "401039",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 183,
    "current_lane_count": 149,
    "active_market_count": 149,
    "exports_latest_observed_lanes_usd": 18230091.641239446,
    "exports_current_2024_usd": 18175837.295960765,
    "exports_avg_3y_usd": 17686140.33768747,
    "exports_avg_5y_usd": 17157366.18590554,
    "exports_avg_10y_usd": 19729497.73751803,
    "exports_cagr_3y_pct": 3.512579282509809,
    "exports_cagr_5y_pct": -1.7812530740090482,
    "exports_cagr_10y_pct": -4.2324311592063735,
    "exports_all_year_lane_avg_usd": 19981402.932590574,
    "exports_historical_lane_peak_usd": 71444233.18917494,
    "historical_peak_year": 2012,
    "positive_growth_year_share_pct": 55.172413793103445,
    "trend_acceleration_pct": 7.7450104417161825,
    "trend_label": "Growing",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 2396815.359212614,
    "top_market_share_pct": 13.147577128963118,
    "destination_hhi": 490.1730757853302,
    "weighted_share_latest_pct": 4.924525967514394,
    "weighted_share_change_1y_pp": 0.5597676318841671,
    "weighted_volatility_cv": 0.8763390307060812,
    "weighted_max_drawdown_pct": 87.03273829211834,
    "limited_history_lane_share_pct": 8.743169398907105,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 401039,
      "hs_description": "Rubber: vulcanised, conveyor or transmission belts or belting, n.e.c. in heading no. 4010",
      "hs_chapter": 40,
      "hs_heading": 4010,
      "substitution_elasticity": -3.1384215,
      "price_range_label": null,
      "trade_type_label": null
    },
    "hs_description": "Rubber: vulcanised, conveyor or transmission belts or belting, n.e.c. in heading no. 4010",
    "hs_chapter": 40,
    "hs_heading": 4010,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 401039,
      "num_markets": 162,
      "highest_price_importer_iso3": "ECU",
      "highest_price_usd_per_ton": 815179.4871794871,
      "lowest_price_importer_iso3": "GHA",
      "lowest_price_usd_per_ton": 221.42214221422142,
      "median_price_across_markets": 23828.960645812313,
      "price_spread_pct": 3420.0319399180053,
      "avg_quantity_metric_tons": 9.114436781609191,
      "total_trade_value_usd": 98980481
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 22237406.953902494,
        "active_destinations": 140,
        "yoy_growth_pct": 16.93548760834932
      },
      {
        "year": 2011,
        "export_value_usd": 30425333.510502964,
        "active_destinations": 148,
        "yoy_growth_pct": 36.820509574582175
      },
      {
        "year": 2012,
        "export_value_usd": 32758404.793950673,
        "active_destinations": 155,
        "yoy_growth_pct": 7.668186390273493
      },
      {
        "year": 2013,
        "export_value_usd": 29352640.476708,
        "active_destinations": 149,
        "yoy_growth_pct": -10.396612224144686
      },
      {
        "year": 2014,
        "export_value_usd": 28009786.658450816,
        "active_destinations": 150,
        "yoy_growth_pct": -4.574899554003561
      },
      {
        "year": 2015,
        "export_value_usd": 25066770.751043692,
        "active_destinations": 148,
        "yoy_growth_pct": -10.507098619828966
      },
      {
        "year": 2016,
        "export_value_usd": 22554541.907592867,
        "active_destinations": 144,
        "yoy_growth_pct": -10.02214792005558
      },
      {
        "year": 2017,
        "export_value_usd": 22965169.511068095,
        "active_destinations": 146,
        "yoy_growth_pct": 1.820598286400986
      },
      {
        "year": 2018,
        "export_value_usd": 21036806.876906104,
        "active_destinations": 147,
        "yoy_growth_pct": -8.396901373763486
      },
      {
        "year": 2019,
        "export_value_usd": 19884857.399041843,
        "active_destinations": 147,
        "yoy_growth_pct": -5.475876089963324
      },
      {
        "year": 2020,
        "export_value_usd": 16340821.965473225,
        "active_destinations": 153,
        "yoy_growth_pct": -17.822785260403162
      },
      {
        "year": 2021,
        "export_value_usd": 16387587.950992059,
        "active_destinations": 147,
        "yoy_growth_pct": 0.2861911452046059
      },
      {
        "year": 2022,
        "export_value_usd": 17039519.39597107,
        "active_destinations": 150,
        "yoy_growth_pct": 3.9782025697048717
      },
      {
        "year": 2023,
        "export_value_usd": 17843064.321130585,
        "active_destinations": 151,
        "yoy_growth_pct": 4.715772237974676
      },
      {
        "year": 2024,
        "export_value_usd": 18175837.295960765,
        "active_destinations": 149,
        "yoy_growth_pct": 1.8649990205779576
      }
    ],
    "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": "401039",
    "hs_description": "Rubber: vulcanised, conveyor or transmission belts or belting, n.e.c. in heading no. 4010",
    "hs_chapter": 40,
    "hs_heading": 4010
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 401039,
    "num_markets": 162,
    "highest_price_importer_iso3": "ECU",
    "highest_price_usd_per_ton": 815179.4871794871,
    "lowest_price_importer_iso3": "GHA",
    "lowest_price_usd_per_ton": 221.42214221422142,
    "median_price_across_markets": 23828.960645812313,
    "price_spread_pct": 3420.0319399180053,
    "avg_quantity_metric_tons": 9.114436781609191,
    "total_trade_value_usd": 98980481
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 22237406.953902494,
      "active_destinations": 140,
      "yoy_growth_pct": 16.93548760834932
    },
    {
      "year": 2011,
      "export_value_usd": 30425333.510502964,
      "active_destinations": 148,
      "yoy_growth_pct": 36.820509574582175
    },
    {
      "year": 2012,
      "export_value_usd": 32758404.793950673,
      "active_destinations": 155,
      "yoy_growth_pct": 7.668186390273493
    },
    {
      "year": 2013,
      "export_value_usd": 29352640.476708,
      "active_destinations": 149,
      "yoy_growth_pct": -10.396612224144686
    },
    {
      "year": 2014,
      "export_value_usd": 28009786.658450816,
      "active_destinations": 150,
      "yoy_growth_pct": -4.574899554003561
    },
    {
      "year": 2015,
      "export_value_usd": 25066770.751043692,
      "active_destinations": 148,
      "yoy_growth_pct": -10.507098619828966
    },
    {
      "year": 2016,
      "export_value_usd": 22554541.907592867,
      "active_destinations": 144,
      "yoy_growth_pct": -10.02214792005558
    },
    {
      "year": 2017,
      "export_value_usd": 22965169.511068095,
      "active_destinations": 146,
      "yoy_growth_pct": 1.820598286400986
    },
    {
      "year": 2018,
      "export_value_usd": 21036806.876906104,
      "active_destinations": 147,
      "yoy_growth_pct": -8.396901373763486
    },
    {
      "year": 2019,
      "export_value_usd": 19884857.399041843,
      "active_destinations": 147,
      "yoy_growth_pct": -5.475876089963324
    },
    {
      "year": 2020,
      "export_value_usd": 16340821.965473225,
      "active_destinations": 153,
      "yoy_growth_pct": -17.822785260403162
    },
    {
      "year": 2021,
      "export_value_usd": 16387587.950992059,
      "active_destinations": 147,
      "yoy_growth_pct": 0.2861911452046059
    },
    {
      "year": 2022,
      "export_value_usd": 17039519.39597107,
      "active_destinations": 150,
      "yoy_growth_pct": 3.9782025697048717
    },
    {
      "year": 2023,
      "export_value_usd": 17843064.321130585,
      "active_destinations": 151,
      "yoy_growth_pct": 4.715772237974676
    },
    {
      "year": 2024,
      "export_value_usd": 18175837.295960765,
      "active_destinations": 149,
      "yoy_growth_pct": 1.8649990205779576
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  ],
  "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,
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    "avg_partner_distance_km": 9523.444444444445,
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    "avg_buyer_biz_entry_days": null,
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    "pct_partners_with_fta": 21.48148148148148,
    "pct_partners_shared_language": 0.3703703703703704,
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    "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
  }
}
```