T3 · Product exporter position

Republic of Korea exports of Millstones, grindstones, grinding wheels and the like: of agglomerated synthetic or natural diamond (HS 680421)

See where Republic of Korea stands in millstones, grindstones, grinding wheels and the like: of agglomerated synthetic or natural diamond: export scale, destination breadth, market position, growth, and reported trade history.

Exporter KORHS6 680421Latest year 2024Growing

Latest exports

$231.4MLatest observed lane total

Destination markets

112Reported active markets

Three-year growth

+4.8%Annualized change

Destination HHI

2,416Destination concentration

Weighted share

24.6%Reported market position

Exporter evidence

How strong is Republic of Korea in Millstones, grindstones, grinding wheels and the like: of agglomerated synthetic or natural diamond?

Reported exporter totals and calculated indicators for HS 680421. Values retain their observed coverage period.

Exporter scale

Latest exports$231.4M
Current 2024 exports$231.0M
Three-year average$207.3M
Historical peak$306.8M

Market position

Active destinations112
Destination HHI2,416
Weighted share24.6%
Share change+2.8 pp

Competitiveness

Three-year growth+4.8%
Volatility1
Maximum drawdown46.4%
TrendGrowing
MeasureValueWhat it describes
ExporterRepublic of KoreaCountry represented by this profile
Latest observed exports$231.4MSum of latest observed destination-lane values
Current 2024 exports$231.0MCommon-year comparison where reported
Three-year growth+4.8%Annualized change in exporter totals
Five-year growth+7.8%Annualized change in exporter totals
Leading destinationCHNDestination with the largest observed export value
Leading destination share42.5%Share of observed exporter totals
Destination concentration2,416HHI across destination markets
Weighted share change+2.8 ppValue-weighted latest change in market share
Limited-history lanes14.3%Share of lanes with shorter history

Destination markets

Where does Republic of Korea sell millstones, grindstones, grinding wheels and the like: of agglomerated synthetic or natural diamond?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
China$98.3M37.2%+13.8%FTA reportedAccelerating
USA, Puerto Rico and US Virgin Islands$50.5M20.5%-1.6%FTA reportedAccelerating
Taiwan$21.6M18.2%+26%Not reportedAccelerating
Germany$8.9M4.8%-10.1%FTA reportedSlowing
Japan$7.2M23.6%-5.6%0% tariffGrowing
Netherlands$6.4M18.8%+14.3%FTA reportedGrowing
Singapore$4.0M15.3%-0.9%FTA reportedAccelerating

Destination

China

Latest exports
$98.3M
Market share
37.2%
Growth
+13.8%
Access
FTA reported
Signal
Accelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$50.5M
Market share
20.5%
Growth
-1.6%
Access
FTA reported
Signal
Accelerating

Destination

Taiwan

Latest exports
$21.6M
Market share
18.2%
Growth
+26%
Access
Not reported
Signal
Accelerating

Destination

Germany

Latest exports
$8.9M
Market share
4.8%
Growth
-10.1%
Access
FTA reported
Signal
Slowing

Destination

Japan

Latest exports
$7.2M
Market share
23.6%
Growth
-5.6%
Access
0% tariff
Signal
Growing

Destination

Netherlands

Latest exports
$6.4M
Market share
18.8%
Growth
+14.3%
Access
FTA reported
Signal
Growing

Destination

Singapore

Latest exports
$4.0M
Market share
15.3%
Growth
-0.9%
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

Pakistan: $756.3K / ton.

Lowest reported price

Uganda: $362.0 / ton.

Median price

$50.7K / ton across reported markets.

Export trend

Reported export history

Annual observations for Republic of Korea and HS 680421 where available.

YearExportsYear-on-year changeActive destinations
2010$104.6M+41.1%110
2011$123.9M+18.4%113
2012$111.0M-10.4%116
2013$108.8M-2%119
2014$119.3M+9.6%119
2015$123.4M+3.4%117
2016$139.1M+12.7%119
2017$157.8M+13.4%118
2018$159.1M+0.8%120
2019$158.8M-0.2%117
2020$165.0M+3.9%114
2021$201.0M+21.8%114
2022$210.4M+4.7%112
2023$180.6M-14.2%109
2024$231.0M+27.9%112

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 680421.

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 millstones, grindstones, grinding wheels and the like: of agglomerated synthetic or natural diamond 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.