# Republic of Korea HS 711021 exports | Yugalinks

Explore reported HS 711021 exports from Republic of Korea: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Republic of Korea |
| HS6 | 711021 |
| Latest exports | $176.7M |
| Active destinations | 9 |
| Three-year growth | -34.6% |
| Destination HHI | 1,791 |
| Weighted share | 5.6% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $54.0M; share 3.4%; growth -39.8%
- Canada: $34.1M; share 7%; growth +6,259.4%
- Germany: $25.4M; share 1.3%; growth -33.5%
- United Kingdom: $21.9M; share 2.4%; growth -45.8%
- Switzerland, Liechtenstein: $15.8M; share 1%; growth +11.7%

## Price intelligence

- Highest reported market price: Japan at $90.4M / ton.
- Lowest reported market price: Not reported at $2.1M / ton.
- Median reported price: $51.3M / ton.
- Price spread: 172.3%.

## Export history

- 2010: $671.5K
- 2011: $5.0M
- 2012: $34.5M
- 2013: $49.3M
- 2014: $103.6M
- 2015: $137.7M
- 2016: $39.5M
- 2017: $4.7M
- 2018: $10.6M
- 2019: $51.3M
- 2020: $129.9M
- 2021: $574.7M
- 2022: $519.1M
- 2023: $314.2M
- 2024: $160.6M

## 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
{
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  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
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  "canonical": "https://www.yugalinks.com/trade/exporter/kor/711021",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/711021",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/711021",
    "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": "711021",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 27,
    "current_lane_count": 9,
    "active_market_count": 9,
    "exports_latest_observed_lanes_usd": 176698219.38154018,
    "exports_current_2024_usd": 160576846.9708875,
    "exports_avg_3y_usd": 331302207.1658737,
    "exports_avg_5y_usd": 339697577.062908,
    "exports_avg_10y_usd": 194224231.12311882,
    "exports_cagr_3y_pct": -34.62416185226071,
    "exports_cagr_5y_pct": 25.6590410691129,
    "exports_cagr_10y_pct": 4.482121786270121,
    "exports_all_year_lane_avg_usd": 147415521.15756762,
    "exports_historical_lane_peak_usd": 746923634.8401589,
    "historical_peak_year": 2021,
    "positive_growth_year_share_pct": 51.724137931034484,
    "trend_acceleration_pct": -39.10628363853083,
    "trend_label": "Rapid decline",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 53977960.05975457,
    "top_market_share_pct": 30.548106397836005,
    "destination_hhi": 1790.579816507261,
    "weighted_share_latest_pct": 5.6244208543505545,
    "weighted_share_change_1y_pp": 0.7580016179248898,
    "weighted_volatility_cv": 1.4873194404381562,
    "weighted_max_drawdown_pct": 83.60667751302616,
    "limited_history_lane_share_pct": 51.851851851851855,
    "data_freshness_years": 0,
    "coverage_score": 74.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 711021,
      "hs_description": "Metals: palladium, unwrought or in powder form",
      "hs_chapter": 71,
      "hs_heading": 7110,
      "substitution_elasticity": -22.306328,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Metals: palladium, unwrought or in powder form",
    "hs_chapter": 71,
    "hs_heading": 7110,
    "destinations": [
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        "corridor_rank": 48,
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        "importer_iso3": "USA",
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        "exports_avg_5y_usd": 109716472.65757442,
        "exports_avg_10y_usd": 70482813.73612246,
        "exports_cagr_3y_pct": -39.848486644422955,
        "exports_cagr_5y_pct": 35.101780897807885,
        "exports_cagr_10y_pct": -2.9877415879878355,
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        "market_share_latest_pct": 3.4258577562770594,
        "market_share_change_1y_pp": -1.5072897927477067,
        "peer_best_share_pct": 55.70736380307204,
        "peer_top_exporter": "RUS",
        "supplier_count_latest": 14,
        "buyer_market_hhi": 4197.36,
        "distance_km": 11065.7021484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.04295669226020202,
        "tariff_advantage_pp": 0.03830231714616161,
        "volatility_cv": 1.6923886004761137,
        "max_drawdown_pct": 99.99732330323312,
        "attention_level": "Critical attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
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        "signal_flag": "Growing",
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        "refreshed_at": "2026-07-20 09:30:25"
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        "exports_cagr_5y_pct": 1107.9466047775534,
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        "attention_level": "High attention",
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        "volatility_cv": 1.7010564860239255,
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        "attention_level": "High attention",
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        "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
        "signal_flag": "Growing",
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        "exports_avg_10y_usd": 22452539.645122666,
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    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 711021,
      "num_markets": 14,
      "highest_price_importer_iso3": "JPN",
      "highest_price_usd_per_ton": 90428068.96551724,
      "lowest_price_importer_iso3": "S19",
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      "avg_quantity_metric_tons": 0.46157446808510644,
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        "year": 2016,
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    "economy": {
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      "exports_cagr_3y_pct": 2.3762912989319096,
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      "momentum_score": 7.011055091950464,
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      "gdp_million_usd": 1875388.209406803,
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      "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
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    "countryMap": {}
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  "product": {
    "hs_code": "711021",
    "hs_description": "Metals: palladium, unwrought or in powder form",
    "hs_chapter": 71,
    "hs_heading": 7110
  },
  "destinations": [
    {
      "hs_code": 711021,
      "corridor_rank": 48,
      "exporter_iso3": "KOR",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 24,
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}
```