# Republic of Korea HS 720410 exports | Yugalinks

Explore reported HS 720410 exports from Republic of Korea: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Republic of Korea |
| HS6 | 720410 |
| Latest exports | $4.2M |
| Active destinations | 12 |
| Three-year growth | -48.3% |
| Destination HHI | 1,098 |
| Weighted share | 16.5% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Japan at $5.9K / ton.
- Lowest reported market price: Brazil at $17.0 / ton.
- Median reported price: $468.0 / ton.
- Price spread: 1,253.4%.

## Export history

- 2010: $16.3M
- 2011: $15.4M
- 2012: $14.6M
- 2013: $6.0M
- 2014: $4.7M
- 2015: $8.5M
- 2016: $3.7M
- 2017: $7.1M
- 2018: $4.6M
- 2019: $10.4M
- 2020: $11.6M
- 2021: $9.0M
- 2022: $1.8M
- 2023: $985.0K
- 2024: $1.2M

## 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/720410",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/720410",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/720410",
    "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": "720410",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 61,
    "current_lane_count": 12,
    "active_market_count": 12,
    "exports_latest_observed_lanes_usd": 4246818.060703144,
    "exports_current_2024_usd": 1242566.9064154709,
    "exports_avg_3y_usd": 1335345.9476226643,
    "exports_avg_5y_usd": 4926844.790017279,
    "exports_avg_10y_usd": 5897178.23034216,
    "exports_cagr_3y_pct": -48.28496079272505,
    "exports_cagr_5y_pct": -34.63325582659119,
    "exports_cagr_10y_pct": -12.447415692340691,
    "exports_all_year_lane_avg_usd": 9927534.658999579,
    "exports_historical_lane_peak_usd": 42896708.67261768,
    "historical_peak_year": 2002,
    "positive_growth_year_share_pct": 48.275862068965516,
    "trend_acceleration_pct": -35.83754510038436,
    "trend_label": "Rapid decline",
    "top_market_iso3": "SWE",
    "top_market_exports_usd": 1078325.8086184564,
    "top_market_share_pct": 25.391382282101304,
    "destination_hhi": 1097.8514440942745,
    "weighted_share_latest_pct": 16.465619660528557,
    "weighted_share_change_1y_pp": -1.4267405387695846,
    "weighted_volatility_cv": 1.052289382609728,
    "weighted_max_drawdown_pct": 64.09977050980378,
    "limited_history_lane_share_pct": 62.295081967213115,
    "data_freshness_years": 0,
    "coverage_score": 76,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 720410,
      "hs_description": "Ferrous waste and scrap: of cast iron",
      "hs_chapter": 72,
      "hs_heading": 7204,
      "substitution_elasticity": -22.737358,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Ferrous waste and scrap: of cast iron",
    "hs_chapter": 72,
    "hs_heading": 7204,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 720410,
      "num_markets": 22,
      "highest_price_importer_iso3": "JPN",
      "highest_price_usd_per_ton": 5882.346103389295,
      "lowest_price_importer_iso3": "BRA",
      "lowest_price_usd_per_ton": 17.015029943116417,
      "median_price_across_markets": 467.95726495726495,
      "price_spread_pct": 1253.390322721417,
      "avg_quantity_metric_tons": 788.3314166666665,
      "total_trade_value_usd": 27913089
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 16294178.27933989,
        "active_destinations": 18,
        "yoy_growth_pct": 83.36727768915858
      },
      {
        "year": 2011,
        "export_value_usd": 15376535.056964055,
        "active_destinations": 14,
        "yoy_growth_pct": -5.631724451789979
      },
      {
        "year": 2012,
        "export_value_usd": 14589176.599106096,
        "active_destinations": 13,
        "yoy_growth_pct": -5.120519381909537
      },
      {
        "year": 2013,
        "export_value_usd": 5961035.126903263,
        "active_destinations": 14,
        "yoy_growth_pct": -59.140702106049595
      },
      {
        "year": 2014,
        "export_value_usd": 4694940.417293286,
        "active_destinations": 14,
        "yoy_growth_pct": -21.239510968419822
      },
      {
        "year": 2015,
        "export_value_usd": 8501593.362575999,
        "active_destinations": 11,
        "yoy_growth_pct": 81.07989893250475
      },
      {
        "year": 2016,
        "export_value_usd": 3654029.9817715893,
        "active_destinations": 12,
        "yoy_growth_pct": -57.019468869722424
      },
      {
        "year": 2017,
        "export_value_usd": 7131802.62913229,
        "active_destinations": 17,
        "yoy_growth_pct": 95.17635773953248
      },
      {
        "year": 2018,
        "export_value_usd": 4638099.9226056095,
        "active_destinations": 13,
        "yoy_growth_pct": -34.96595231534168
      },
      {
        "year": 2019,
        "export_value_usd": 10412032.457249725,
        "active_destinations": 13,
        "yoy_growth_pct": 124.48917942674278
      },
      {
        "year": 2020,
        "export_value_usd": 11644197.181100907,
        "active_destinations": 12,
        "yoy_growth_pct": 11.834046127979997
      },
      {
        "year": 2021,
        "export_value_usd": 8983988.926117493,
        "active_destinations": 11,
        "yoy_growth_pct": -22.845785017287927
      },
      {
        "year": 2022,
        "export_value_usd": 1778487.2984241545,
        "active_destinations": 8,
        "yoy_growth_pct": -80.20381243732517
      },
      {
        "year": 2023,
        "export_value_usd": 984983.6380283672,
        "active_destinations": 10,
        "yoy_growth_pct": -44.61677410341242
      },
      {
        "year": 2024,
        "export_value_usd": 1242566.9064154709,
        "active_destinations": 12,
        "yoy_growth_pct": 26.151020021277283
      }
    ],
    "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": "720410",
    "hs_description": "Ferrous waste and scrap: of cast iron",
    "hs_chapter": 72,
    "hs_heading": 7204
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 720410,
    "num_markets": 22,
    "highest_price_importer_iso3": "JPN",
    "highest_price_usd_per_ton": 5882.346103389295,
    "lowest_price_importer_iso3": "BRA",
    "lowest_price_usd_per_ton": 17.015029943116417,
    "median_price_across_markets": 467.95726495726495,
    "price_spread_pct": 1253.390322721417,
    "avg_quantity_metric_tons": 788.3314166666665,
    "total_trade_value_usd": 27913089
  },
  "history": [
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      "year": 2010,
      "export_value_usd": 16294178.27933989,
      "active_destinations": 18,
      "yoy_growth_pct": 83.36727768915858
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    {
      "year": 2011,
      "export_value_usd": 15376535.056964055,
      "active_destinations": 14,
      "yoy_growth_pct": -5.631724451789979
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    {
      "year": 2012,
      "export_value_usd": 14589176.599106096,
      "active_destinations": 13,
      "yoy_growth_pct": -5.120519381909537
    },
    {
      "year": 2013,
      "export_value_usd": 5961035.126903263,
      "active_destinations": 14,
      "yoy_growth_pct": -59.140702106049595
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    {
      "year": 2014,
      "export_value_usd": 4694940.417293286,
      "active_destinations": 14,
      "yoy_growth_pct": -21.239510968419822
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    {
      "year": 2015,
      "export_value_usd": 8501593.362575999,
      "active_destinations": 11,
      "yoy_growth_pct": 81.07989893250475
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    {
      "year": 2016,
      "export_value_usd": 3654029.9817715893,
      "active_destinations": 12,
      "yoy_growth_pct": -57.019468869722424
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    {
      "year": 2017,
      "export_value_usd": 7131802.62913229,
      "active_destinations": 17,
      "yoy_growth_pct": 95.17635773953248
    },
    {
      "year": 2018,
      "export_value_usd": 4638099.9226056095,
      "active_destinations": 13,
      "yoy_growth_pct": -34.96595231534168
    },
    {
      "year": 2019,
      "export_value_usd": 10412032.457249725,
      "active_destinations": 13,
      "yoy_growth_pct": 124.48917942674278
    },
    {
      "year": 2020,
      "export_value_usd": 11644197.181100907,
      "active_destinations": 12,
      "yoy_growth_pct": 11.834046127979997
    },
    {
      "year": 2021,
      "export_value_usd": 8983988.926117493,
      "active_destinations": 11,
      "yoy_growth_pct": -22.845785017287927
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    {
      "year": 2022,
      "export_value_usd": 1778487.2984241545,
      "active_destinations": 8,
      "yoy_growth_pct": -80.20381243732517
    },
    {
      "year": 2023,
      "export_value_usd": 984983.6380283672,
      "active_destinations": 10,
      "yoy_growth_pct": -44.61677410341242
    },
    {
      "year": 2024,
      "export_value_usd": 1242566.9064154709,
      "active_destinations": 12,
      "yoy_growth_pct": 26.151020021277283
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  ],
  "economy": {
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    "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,
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    "investment_rate_pct": 32.11,
    "savings_rate_pct": 33.94,
    "secondary_education_pct": 97.7,
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    "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,
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    "pct_partners_with_fta": 21.48148148148148,
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    "avg_applied_tariff_pct": 0.1325559179132643,
    "avg_mfn_tariff_pct": 0.13730118197136373,
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    "pct_products_high_elasticity": 75.69542668552569,
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    "real_market_potential": 193723.88455191866,
    "foreign_market_potential": 21832.519125198414
  }
}
```