T3 · Product exporter position

Republic of Korea exports of Rubber: vulcanised (other than hard rubber), articles n.e.s. in heading no. 4016, of non-cellular rubber (HS 401699)

See where Republic of Korea stands in rubber: vulcanised (other than hard rubber), articles n.e.s. in heading no. 4016, of non-cellular rubber: export scale, destination breadth, market position, growth, and reported trade history.

Exporter KORHS6 401699Latest year 2024Stable

Latest exports

$350.0MLatest observed lane total

Destination markets

165Reported active markets

Three-year growth

-1%Annualized change

Destination HHI

750Destination concentration

Weighted share

6%Reported market position

Exporter evidence

How strong is Republic of Korea in Rubber: vulcanised (other than hard rubber), articles n.e.s. in heading no. 4016, of non-cellular rubber?

Reported exporter totals and calculated indicators for HS 401699. Values retain their observed coverage period.

Exporter scale

Latest exports$350.0M
Current 2024 exports$349.8M
Three-year average$348.1M
Historical peak$547.3M

Market position

Active destinations165
Destination HHI750
Weighted share6%
Share change+0.2 pp

Competitiveness

Three-year growth-1%
Volatility0.9
Maximum drawdown53.9%
TrendStable
MeasureValueWhat it describes
ExporterRepublic of KoreaCountry represented by this profile
Latest observed exports$350.0MSum of latest observed destination-lane values
Current 2024 exports$349.8MCommon-year comparison where reported
Three-year growth-1%Annualized change in exporter totals
Five-year growth-1.7%Annualized change in exporter totals
Leading destinationUSADestination with the largest observed export value
Leading destination share14.3%Share of observed exporter totals
Destination concentration750HHI across destination markets
Weighted share change+0.2 ppValue-weighted latest change in market share
Limited-history lanes7.9%Share of lanes with shorter history

Destination markets

Where does Republic of Korea sell rubber: vulcanised (other than hard rubber), articles n.e.s. in heading no. 4016, of non-cellular rubber?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
USA, Puerto Rico and US Virgin Islands$49.9M2.5%-1.1%FTA reportedGrowing
China$47.0M6.6%-10.6%FTA reportedGrowing
Mexico$37.2M4.5%+8.1%0.1% tariffGrowing
Viet Nam$34.9M15.5%+12.4%FTA reportedAccelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$49.9M
Market share
2.5%
Growth
-1.1%
Access
FTA reported
Signal
Growing

Destination

China

Latest exports
$47.0M
Market share
6.6%
Growth
-10.6%
Access
FTA reported
Signal
Growing

Destination

Mexico

Latest exports
$37.2M
Market share
4.5%
Growth
+8.1%
Access
0.1% tariff
Signal
Growing

Destination

Viet Nam

Latest exports
$34.9M
Market share
15.5%
Growth
+12.4%
Access
FTA reported
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

Croatia: $831.5K / ton.

Lowest reported price

Liberia: $155.6 / ton.

Median price

$12.3K / ton across reported markets.

Export trend

Reported export history

Annual observations for Republic of Korea and HS 401699 where available.

YearExportsYear-on-year changeActive destinations
2010$226.1M+54.3%157
2011$266.7M+17.9%147
2012$290.8M+9%163
2013$306.6M+5.4%155
2014$335.3M+9.4%164
2015$341.1M+1.7%161
2016$393.9M+15.5%161
2017$402.8M+2.3%161
2018$399.6M-0.8%159
2019$381.4M-4.6%163
2020$322.6M-15.4%164
2021$360.8M+11.9%159
2022$360.1M-0.2%161
2023$334.4M-7.1%159
2024$349.8M+4.6%165

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 401699.

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 rubber: vulcanised (other than hard rubber), articles n.e.s. in heading no. 4016, of non-cellular rubber 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.