# Republic of Korea HS 720421 exports | Yugalinks

Explore reported HS 720421 exports from Republic of Korea: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Republic of Korea |
| HS6 | 720421 |
| Latest exports | $174.1M |
| Active destinations | 29 |
| Three-year growth | -9% |
| Destination HHI | 4,633 |
| Weighted share | 14.6% |

## Destination markets

- India: $112.9M; share 8%; growth -9.4%
- Japan: $32.0M; share 44.3%; growth -18.8%
- Taiwan: $15.2M; share 6.5%; growth +16.8%

## Price intelligence

- Highest reported market price: Hungary at $176.9K / ton.
- Lowest reported market price: Canada at $43.6 / ton.
- Median reported price: $1.5K / ton.
- Price spread: 11,561%.

## Export history

- 2010: $462.8M
- 2011: $406.1M
- 2012: $183.4M
- 2013: $128.3M
- 2014: $194.7M
- 2015: $165.1M
- 2016: $136.0M
- 2017: $186.7M
- 2018: $150.7M
- 2019: $134.1M
- 2020: $100.8M
- 2021: $228.2M
- 2022: $207.4M
- 2023: $212.5M
- 2024: $172.0M

## 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/720421",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/720421",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/720421",
    "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": "720421",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 79,
    "current_lane_count": 29,
    "active_market_count": 29,
    "exports_latest_observed_lanes_usd": 174091568.73397473,
    "exports_current_2024_usd": 171959885.93145692,
    "exports_avg_3y_usd": 197278850.04219875,
    "exports_avg_5y_usd": 184159009.0072711,
    "exports_avg_10y_usd": 169346753.3381718,
    "exports_cagr_3y_pct": -8.99441549524358,
    "exports_cagr_5y_pct": 5.103403241166604,
    "exports_cagr_10y_pct": -1.232588373239596,
    "exports_all_year_lane_avg_usd": 161081061.5144509,
    "exports_historical_lane_peak_usd": 654508907.6373363,
    "historical_peak_year": 2010,
    "positive_growth_year_share_pct": 44.827586206896555,
    "trend_acceleration_pct": -7.761827122003984,
    "trend_label": "Declining",
    "top_market_iso3": "IND",
    "top_market_exports_usd": 112880151.15645976,
    "top_market_share_pct": 64.83952782857008,
    "destination_hhi": 4632.710889053053,
    "weighted_share_latest_pct": 14.624226957137852,
    "weighted_share_change_1y_pp": 1.0380383381689233,
    "weighted_volatility_cv": 1.0296593303291681,
    "weighted_max_drawdown_pct": 85.61296307004329,
    "limited_history_lane_share_pct": 58.22784810126582,
    "data_freshness_years": 0,
    "coverage_score": 84.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 720421,
      "hs_description": "Ferrous waste and scrap: of stainless steel",
      "hs_chapter": 72,
      "hs_heading": 7204,
      "substitution_elasticity": -15.970032,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Ferrous waste and scrap: of stainless steel",
    "hs_chapter": 72,
    "hs_heading": 7204,
    "destinations": [
      {
        "hs_code": 720421,
        "corridor_rank": 14,
        "exporter_iso3": "KOR",
        "importer_iso3": "IND",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 112880151.15645976,
        "exports_all_year_avg_usd": 41268049.415443175,
        "exports_avg_3y_usd": 118126827.82362197,
        "exports_avg_5y_usd": 112868249.33103864,
        "exports_avg_10y_usd": 91606250.71350484,
        "exports_cagr_3y_pct": -9.36353212859854,
        "exports_cagr_5y_pct": 10.020251201041264,
        "exports_cagr_10y_pct": 7.732031924196625,
        "exports_historical_peak_usd": 151603303.3688367,
        "buyer_imports_latest_observed_usd": 1419441773.005506,
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        "buyer_yoy_all_avg_pct": 27.5665,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 7.952432660724708,
        "market_share_change_1y_pp": 0.3016292260181439,
        "peer_best_share_pct": 15.39998819308983,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 121,
        "buyer_market_hhi": 617.31,
        "distance_km": 4692.671875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.5178343248545455,
        "tariff_advantage_pp": 0.4423262793264647,
        "volatility_cv": 1.0654597451143588,
        "max_drawdown_pct": 83.56578848284487,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
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        "refreshed_at": "2026-07-20 09:30:25"
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      {
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        "corridor_rank": 49,
        "exporter_iso3": "KOR",
        "importer_iso3": "JPN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 32021016.19315335,
        "exports_all_year_avg_usd": 62282568.05851913,
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        "exports_avg_5y_usd": 43816375.668942854,
        "exports_avg_10y_usd": 50968794.52697261,
        "exports_cagr_3y_pct": -18.78056363974504,
        "exports_cagr_5y_pct": -3.1926416190417473,
        "exports_cagr_10y_pct": -11.13201801449788,
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        "trend_label": "Rapid decline",
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        "peer_top_exporter": "KOR",
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        "buyer_market_hhi": 2686.57,
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        "has_reported_fta": 0,
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        "tariff_advantage_pp": 0.025107009371248486,
        "volatility_cv": 0.7192650945748176,
        "max_drawdown_pct": 86.2246787173962,
        "attention_level": "Critical attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','buyer_macro_weakness']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
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        "trend_acceleration_pct": 16.58574524882288,
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        "buyer_yoy_latest_pct": -28.6234,
        "buyer_yoy_all_avg_pct": 16.0126,
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        "market_share_latest_pct": 6.476035248039488,
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        "peer_best_share_pct": 28.1710354988214,
        "peer_top_exporter": "JPN",
        "supplier_count_latest": 37,
        "buyer_market_hhi": 1541.08,
        "distance_km": 1475.7579345703125,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.114487464458012,
        "max_drawdown_pct": 98.54625804997245,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
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    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 720421,
      "num_markets": 47,
      "highest_price_importer_iso3": "HUN",
      "highest_price_usd_per_ton": 176931.0344827586,
      "lowest_price_importer_iso3": "CAN",
      "lowest_price_usd_per_ton": 43.583333333333336,
      "median_price_across_markets": 1530.0313271311943,
      "price_spread_pct": 11561.034601892035,
      "avg_quantity_metric_tons": 5566.499165289256,
      "total_trade_value_usd": 872037645
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    "history": [
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        "export_value_usd": 462773202.0701229,
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        "yoy_growth_pct": 98.86261342346505
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        "year": 2015,
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      {
        "year": 2016,
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        "year": 2017,
        "export_value_usd": 186713223.7366546,
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        "yoy_growth_pct": 37.267244549925316
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        "year": 2018,
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      {
        "year": 2019,
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      {
        "year": 2020,
        "export_value_usd": 100807157.85075738,
        "active_destinations": 26,
        "yoy_growth_pct": -24.812072236798183
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      {
        "year": 2021,
        "export_value_usd": 228151337.05900177,
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      {
        "year": 2022,
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        "yoy_growth_pct": -9.088871041496805
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      {
        "year": 2023,
        "export_value_usd": 212461707.94088098,
        "active_destinations": 22,
        "yoy_growth_pct": 2.433166719393205
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      {
        "year": 2024,
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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,
      "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,
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      "avg_buyer_biz_entry_days": null,
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      "pct_partners_shared_language": 0.3703703703703704,
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      "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": {}
  },
  "product": {
    "hs_code": "720421",
    "hs_description": "Ferrous waste and scrap: of stainless steel",
    "hs_chapter": 72,
    "hs_heading": 7204
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  "destinations": [
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      "exporter_iso3": "KOR",
      "importer_iso3": "IND",
      "latest_data_year": 2024,
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      "exports_avg_3y_usd": 44360089.587308906,
      "exports_avg_5y_usd": 43816375.668942854,
      "exports_avg_10y_usd": 50968794.52697261,
      "exports_cagr_3y_pct": -18.78056363974504,
      "exports_cagr_5y_pct": -3.1926416190417473,
      "exports_cagr_10y_pct": -11.13201801449788,
      "exports_historical_peak_usd": 190452698.83818722,
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      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 6.0669,
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      "market_share_latest_pct": 44.30228644924927,
      "market_share_change_1y_pp": 0.4928745860708261,
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      "supplier_count_latest": 34,
      "buyer_market_hhi": 2686.57,
      "distance_km": 1156.6695556640625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.019192582961135757,
      "tariff_advantage_pp": 0.025107009371248486,
      "volatility_cv": 0.7192650945748176,
      "max_drawdown_pct": 86.2246787173962,
      "attention_level": "Critical attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','buyer_macro_weakness']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 720421,
      "corridor_rank": 94,
      "exporter_iso3": "KOR",
      "importer_iso3": "TWN",
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      "lane_data_years": 28,
      "exports_latest_observed_usd": 15205660.529457115,
      "exports_all_year_avg_usd": 21053533.477238584,
      "exports_avg_3y_usd": 11511942.948231725,
      "exports_avg_5y_usd": 10777765.378611889,
      "exports_avg_10y_usd": 13296120.584548859,
      "exports_cagr_3y_pct": 16.820009878943054,
      "exports_cagr_5y_pct": -1.3021007740502855,
      "exports_cagr_10y_pct": 0.2342646301201734,
      "exports_historical_peak_usd": 85255747.83812135,
      "buyer_imports_latest_observed_usd": 234798915.49479088,
      "historical_peak_year": 2010,
      "positive_growth_year_share_pct": 55.55555555555556,
      "trend_acceleration_pct": 16.58574524882288,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -28.6234,
      "buyer_yoy_all_avg_pct": 16.0126,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 6.476035248039488,
      "market_share_change_1y_pp": 3.879991972286872,
      "peer_best_share_pct": 28.1710354988214,
      "peer_top_exporter": "JPN",
      "supplier_count_latest": 37,
      "buyer_market_hhi": 1541.08,
      "distance_km": 1475.7579345703125,
      "has_reported_fta": 0,
      "applied_tariff_pct": null,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.114487464458012,
      "max_drawdown_pct": 98.54625804997245,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 720421,
    "num_markets": 47,
    "highest_price_importer_iso3": "HUN",
    "highest_price_usd_per_ton": 176931.0344827586,
    "lowest_price_importer_iso3": "CAN",
    "lowest_price_usd_per_ton": 43.583333333333336,
    "median_price_across_markets": 1530.0313271311943,
    "price_spread_pct": 11561.034601892035,
    "avg_quantity_metric_tons": 5566.499165289256,
    "total_trade_value_usd": 872037645
  },
  "history": [
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      "year": 2010,
      "export_value_usd": 462773202.0701229,
      "active_destinations": 21,
      "yoy_growth_pct": 98.86261342346505
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      "export_value_usd": 406120741.68799084,
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      "yoy_growth_pct": -12.241949215881268
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      "year": 2012,
      "export_value_usd": 183408713.81464615,
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      "yoy_growth_pct": -54.83887056535689
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      "year": 2013,
      "export_value_usd": 128267326.52981,
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      "yoy_growth_pct": -30.064758722730232
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    {
      "year": 2014,
      "export_value_usd": 194666142.80163372,
      "active_destinations": 22,
      "yoy_growth_pct": 51.76596259406116
    },
    {
      "year": 2015,
      "export_value_usd": 165139913.89893994,
      "active_destinations": 27,
      "yoy_growth_pct": -15.167624157828632
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    {
      "year": 2016,
      "export_value_usd": 136021688.45805407,
      "active_destinations": 25,
      "yoy_growth_pct": -17.632457685974842
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    {
      "year": 2017,
      "export_value_usd": 186713223.7366546,
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      "yoy_growth_pct": 37.267244549925316
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    {
      "year": 2018,
      "export_value_usd": 150724067.12851667,
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      "yoy_growth_pct": -19.275097868214207
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    {
      "year": 2019,
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      "yoy_growth_pct": -11.046989590004893
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    {
      "year": 2020,
      "export_value_usd": 100807157.85075738,
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      "yoy_growth_pct": -24.812072236798183
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    {
      "year": 2021,
      "export_value_usd": 228151337.05900177,
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      "yoy_growth_pct": 126.32454076006631
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    {
      "year": 2022,
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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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    "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,
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    "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,
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    "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,
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    "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
  }
}
```