# Republic of Korea HS 720293 exports | Yugalinks

Explore reported HS 720293 exports from Republic of Korea: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Republic of Korea |
| HS6 | 720293 |
| Latest exports | $4.5M |
| Active destinations | 10 |
| Three-year growth | -2.9% |
| Destination HHI | 1,191 |
| Weighted share | 6.8% |

## Destination markets

- China: $1.1M; share 0.1%; growth +155.4%

## Price intelligence

- Highest reported market price: Japan at $70.1K / ton.
- Lowest reported market price: Malaysia at $7.4K / ton.
- Median reported price: $28.9K / ton.
- Price spread: 216.5%.

## Export history

- 2010: $96.2K
- 2011: $229.1K
- 2012: $165.0K
- 2013: $209.1K
- 2014: $591.2K
- 2015: $339.3K
- 2016: $460.9K
- 2017: $603.8K
- 2018: $1.1M
- 2019: $2.1M
- 2020: $1.1M
- 2021: $2.6M
- 2022: $857.2K
- 2023: $786.9K
- 2024: $2.3M

## 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/720293",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/720293",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/720293",
    "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": "720293",
    "exporter_iso3": "KOR",
    "first_data_year": 1996,
    "latest_data_year": 2024,
    "observed_lane_count": 28,
    "current_lane_count": 10,
    "active_market_count": 10,
    "exports_latest_observed_lanes_usd": 4487908.782672999,
    "exports_current_2024_usd": 2349000.058524019,
    "exports_avg_3y_usd": 1331044.8199057644,
    "exports_avg_5y_usd": 1538797.4685798404,
    "exports_avg_10y_usd": 1230431.8173854658,
    "exports_cagr_3y_pct": -2.9107532444977435,
    "exports_cagr_5y_pct": 2.3613395915126345,
    "exports_cagr_10y_pct": 14.793672397501245,
    "exports_all_year_lane_avg_usd": 2725038.996240161,
    "exports_historical_lane_peak_usd": 6295848.385700637,
    "historical_peak_year": 2021,
    "positive_growth_year_share_pct": 62.5,
    "trend_acceleration_pct": -17.704425641998988,
    "trend_label": "Stable",
    "top_market_iso3": "CHN",
    "top_market_exports_usd": 1140484.6762405785,
    "top_market_share_pct": 25.412385399716293,
    "destination_hhi": 1191.110530729824,
    "weighted_share_latest_pct": 6.787915659748232,
    "weighted_share_change_1y_pp": 4.378207673682078,
    "weighted_volatility_cv": 0.8034442019648144,
    "weighted_max_drawdown_pct": 35.76858858542564,
    "limited_history_lane_share_pct": 75,
    "data_freshness_years": 0,
    "coverage_score": 75,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 720293,
      "hs_description": "Ferro-alloys: ferro-niobium",
      "hs_chapter": 72,
      "hs_heading": 7202,
      "substitution_elasticity": -15.148689,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Ferro-alloys: ferro-niobium",
    "hs_chapter": 72,
    "hs_heading": 7202,
    "destinations": [
      {
        "hs_code": 720293,
        "corridor_rank": 73,
        "exporter_iso3": "KOR",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 3,
        "exports_latest_observed_usd": 1140484.6762405785,
        "exports_all_year_avg_usd": 496166.15389083367,
        "exports_avg_3y_usd": 710012.7205676866,
        "exports_avg_5y_usd": 710012.7205676866,
        "exports_avg_10y_usd": 710012.7205676866,
        "exports_cagr_3y_pct": 155.38182688394758,
        "exports_cagr_5y_pct": 75.51490107856071,
        "exports_cagr_10y_pct": 32.48203692522269,
        "exports_historical_peak_usd": 1140484.6762405785,
        "buyer_imports_latest_observed_usd": 1082815291.5459464,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 100,
        "trend_acceleration_pct": 122.8997899587249,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 11.1957,
        "buyer_yoy_all_avg_pct": 32.0918,
        "buyer_trend_consistency_pct": 75.8621,
        "market_share_latest_pct": 0.10532587461083015,
        "market_share_change_1y_pp": 0.0704244957734147,
        "peer_best_share_pct": 95.65025228987571,
        "peer_top_exporter": "BRA",
        "supplier_count_latest": 10,
        "buyer_market_hhi": 9161.23,
        "distance_km": 955.6510620117188,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.29886233885252517,
        "tariff_advantage_pp": 0.19096898705858587,
        "volatility_cv": 0.9345234140447314,
        "max_drawdown_pct": 0,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','limited_history']",
        "signal_flag": "Accelerating",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 720293,
      "num_markets": 17,
      "highest_price_importer_iso3": "JPN",
      "highest_price_usd_per_ton": 70075.39020320016,
      "lowest_price_importer_iso3": "MYS",
      "lowest_price_usd_per_ton": 7421.6,
      "median_price_across_markets": 28939.925,
      "price_spread_pct": 216.49603515973234,
      "avg_quantity_metric_tons": 7.324235294117647,
      "total_trade_value_usd": 7409039
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 96166.75950487494,
        "active_destinations": 3,
        "yoy_growth_pct": -62.898675794040756
      },
      {
        "year": 2011,
        "export_value_usd": 229051.78536955905,
        "active_destinations": 4,
        "yoy_growth_pct": 138.18186923304597
      },
      {
        "year": 2012,
        "export_value_usd": 164977.9685615796,
        "active_destinations": 2,
        "yoy_growth_pct": -27.97350682274789
      },
      {
        "year": 2013,
        "export_value_usd": 209092.51261937103,
        "active_destinations": 1,
        "yoy_growth_pct": 26.739657690308672
      },
      {
        "year": 2014,
        "export_value_usd": 591157.9441445812,
        "active_destinations": 4,
        "yoy_growth_pct": 182.72554418087486
      },
      {
        "year": 2015,
        "export_value_usd": 339251.96609734825,
        "active_destinations": 5,
        "yoy_growth_pct": -42.61229685608751
      },
      {
        "year": 2016,
        "export_value_usd": 460924.81891940726,
        "active_destinations": 7,
        "yoy_growth_pct": 35.86503984685678
      },
      {
        "year": 2017,
        "export_value_usd": 603805.7875037333,
        "active_destinations": 7,
        "yoy_growth_pct": 30.998757871033362
      },
      {
        "year": 2018,
        "export_value_usd": 1116074.2347372363,
        "active_destinations": 6,
        "yoy_growth_pct": 84.83993658810958
      },
      {
        "year": 2019,
        "export_value_usd": 2090274.0236977306,
        "active_destinations": 13,
        "yoy_growth_pct": 87.28808162029256
      },
      {
        "year": 2020,
        "export_value_usd": 1134185.259316127,
        "active_destinations": 6,
        "yoy_growth_pct": -45.73987685548836
      },
      {
        "year": 2021,
        "export_value_usd": 2566667.6238657823,
        "active_destinations": 11,
        "yoy_growth_pct": 126.3005626976135
      },
      {
        "year": 2022,
        "export_value_usd": 857249.7876518734,
        "active_destinations": 7,
        "yoy_growth_pct": -66.60067007972275
      },
      {
        "year": 2023,
        "export_value_usd": 786884.6135414011,
        "active_destinations": 6,
        "yoy_growth_pct": -8.208246315605669
      },
      {
        "year": 2024,
        "export_value_usd": 2349000.058524019,
        "active_destinations": 10,
        "yoy_growth_pct": 198.51899733459828
      }
    ],
    "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": "720293",
    "hs_description": "Ferro-alloys: ferro-niobium",
    "hs_chapter": 72,
    "hs_heading": 7202
  },
  "destinations": [
    {
      "hs_code": 720293,
      "corridor_rank": 73,
      "exporter_iso3": "KOR",
      "importer_iso3": "CHN",
      "latest_data_year": 2024,
      "lane_data_years": 3,
      "exports_latest_observed_usd": 1140484.6762405785,
      "exports_all_year_avg_usd": 496166.15389083367,
      "exports_avg_3y_usd": 710012.7205676866,
      "exports_avg_5y_usd": 710012.7205676866,
      "exports_avg_10y_usd": 710012.7205676866,
      "exports_cagr_3y_pct": 155.38182688394758,
      "exports_cagr_5y_pct": 75.51490107856071,
      "exports_cagr_10y_pct": 32.48203692522269,
      "exports_historical_peak_usd": 1140484.6762405785,
      "buyer_imports_latest_observed_usd": 1082815291.5459464,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 100,
      "trend_acceleration_pct": 122.8997899587249,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 11.1957,
      "buyer_yoy_all_avg_pct": 32.0918,
      "buyer_trend_consistency_pct": 75.8621,
      "market_share_latest_pct": 0.10532587461083015,
      "market_share_change_1y_pp": 0.0704244957734147,
      "peer_best_share_pct": 95.65025228987571,
      "peer_top_exporter": "BRA",
      "supplier_count_latest": 10,
      "buyer_market_hhi": 9161.23,
      "distance_km": 955.6510620117188,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.29886233885252517,
      "tariff_advantage_pp": 0.19096898705858587,
      "volatility_cv": 0.9345234140447314,
      "max_drawdown_pct": 0,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','limited_history']",
      "signal_flag": "Accelerating",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 720293,
    "num_markets": 17,
    "highest_price_importer_iso3": "JPN",
    "highest_price_usd_per_ton": 70075.39020320016,
    "lowest_price_importer_iso3": "MYS",
    "lowest_price_usd_per_ton": 7421.6,
    "median_price_across_markets": 28939.925,
    "price_spread_pct": 216.49603515973234,
    "avg_quantity_metric_tons": 7.324235294117647,
    "total_trade_value_usd": 7409039
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  "history": [
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      "year": 2010,
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      "active_destinations": 3,
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      "year": 2013,
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    {
      "year": 2014,
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      "active_destinations": 4,
      "yoy_growth_pct": 182.72554418087486
    },
    {
      "year": 2015,
      "export_value_usd": 339251.96609734825,
      "active_destinations": 5,
      "yoy_growth_pct": -42.61229685608751
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    {
      "year": 2016,
      "export_value_usd": 460924.81891940726,
      "active_destinations": 7,
      "yoy_growth_pct": 35.86503984685678
    },
    {
      "year": 2017,
      "export_value_usd": 603805.7875037333,
      "active_destinations": 7,
      "yoy_growth_pct": 30.998757871033362
    },
    {
      "year": 2018,
      "export_value_usd": 1116074.2347372363,
      "active_destinations": 6,
      "yoy_growth_pct": 84.83993658810958
    },
    {
      "year": 2019,
      "export_value_usd": 2090274.0236977306,
      "active_destinations": 13,
      "yoy_growth_pct": 87.28808162029256
    },
    {
      "year": 2020,
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      "active_destinations": 6,
      "yoy_growth_pct": -45.73987685548836
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    {
      "year": 2021,
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      "yoy_growth_pct": 126.3005626976135
    },
    {
      "year": 2022,
      "export_value_usd": 857249.7876518734,
      "active_destinations": 7,
      "yoy_growth_pct": -66.60067007972275
    },
    {
      "year": 2023,
      "export_value_usd": 786884.6135414011,
      "active_destinations": 6,
      "yoy_growth_pct": -8.208246315605669
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    {
      "year": 2024,
      "export_value_usd": 2349000.058524019,
      "active_destinations": 10,
      "yoy_growth_pct": 198.51899733459828
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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,
    "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
  }
}
```
