{
  "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/721119",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/721119",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/721119",
    "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": "721119",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 104,
    "current_lane_count": 31,
    "active_market_count": 31,
    "exports_latest_observed_lanes_usd": 9459791.546645219,
    "exports_current_2024_usd": 6218058.373147178,
    "exports_avg_3y_usd": 7981244.409587842,
    "exports_avg_5y_usd": 7500853.52014449,
    "exports_avg_10y_usd": 8904472.302924,
    "exports_cagr_3y_pct": -9.482286856115108,
    "exports_cagr_5y_pct": -2.953854000247502,
    "exports_cagr_10y_pct": -4.406451768263309,
    "exports_all_year_lane_avg_usd": 14545499.178108342,
    "exports_historical_lane_peak_usd": 74976813.85436365,
    "historical_peak_year": 2008,
    "positive_growth_year_share_pct": 55.172413793103445,
    "trend_acceleration_pct": -5.075835087851799,
    "trend_label": "Declining",
    "top_market_iso3": "CHN",
    "top_market_exports_usd": 1554310.0810940315,
    "top_market_share_pct": 16.430701178032255,
    "destination_hhi": 821.6344489026135,
    "weighted_share_latest_pct": 18.40046259167868,
    "weighted_share_change_1y_pp": 9.81009407405304,
    "weighted_volatility_cv": 0.884379762730029,
    "weighted_max_drawdown_pct": 79.05733928931353,
    "limited_history_lane_share_pct": 43.26923076923077,
    "data_freshness_years": 0,
    "coverage_score": 95.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 721119,
      "hs_description": "Iron or non-alloy steel: flat-rolled, hot-rolled, of a width less than 600mm, less than 4.75mm thick, excluding those of item no. 7211.13",
      "hs_chapter": 72,
      "hs_heading": 7211,
      "substitution_elasticity": null,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Iron or non-alloy steel: flat-rolled, hot-rolled, of a width less than 600mm, less than 4.75mm thick, excluding those of item no. 7211.13",
    "hs_chapter": 72,
    "hs_heading": 7211,
    "destinations": [
      {
        "hs_code": 721119,
        "corridor_rank": 85,
        "exporter_iso3": "KOR",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 1554310.0810940315,
        "exports_all_year_avg_usd": 2266965.486912871,
        "exports_avg_3y_usd": 1325167.4678016438,
        "exports_avg_5y_usd": 1181552.9990456859,
        "exports_avg_10y_usd": 803292.7632537339,
        "exports_cagr_3y_pct": 5.52692286274008,
        "exports_cagr_5y_pct": 39.17779752023913,
        "exports_cagr_10y_pct": -0.5478875122204352,
        "exports_historical_peak_usd": 10317143.56417738,
        "buyer_imports_latest_observed_usd": 10497725.546457078,
        "historical_peak_year": 2004,
        "positive_growth_year_share_pct": 44.827586206896555,
        "trend_acceleration_pct": 6.074810374960515,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 7.7308,
        "buyer_yoy_all_avg_pct": 3.0645,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 14.806160384128178,
        "market_share_change_1y_pp": 3.2015985825277156,
        "peer_best_share_pct": 42.871949475200175,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 37,
        "buyer_market_hhi": 2314.85,
        "distance_km": 955.6510620117188,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.29886233885252517,
        "tariff_advantage_pp": 0.19096898705858587,
        "volatility_cv": 0.8834247937148249,
        "max_drawdown_pct": 97.11511575241826,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 721119,
        "corridor_rank": 90,
        "exporter_iso3": "KOR",
        "importer_iso3": "VNM",
        "latest_data_year": 2024,
        "lane_data_years": 29,
        "exports_latest_observed_usd": 1443439.5071647326,
        "exports_all_year_avg_usd": 863338.2775249298,
        "exports_avg_3y_usd": 1283181.7855389444,
        "exports_avg_5y_usd": 1233565.3680552444,
        "exports_avg_10y_usd": 1035885.5830577984,
        "exports_cagr_3y_pct": -3.729052026132351,
        "exports_cagr_5y_pct": 23.544428978948638,
        "exports_cagr_10y_pct": 3.0816357384237936,
        "exports_historical_peak_usd": 2541157.025317505,
        "buyer_imports_latest_observed_usd": 52995663.44927628,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 57.142857142857146,
        "trend_acceleration_pct": -6.810687764556144,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 18.1874,
        "buyer_yoy_all_avg_pct": 61.006,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 2.723693625510116,
        "market_share_change_1y_pp": -0.5621593783916876,
        "peer_best_share_pct": 88.45728808271697,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 10,
        "buyer_market_hhi": 7882.41,
        "distance_km": 2740.13525390625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.15333395833888885,
        "tariff_advantage_pp": 0.1308451959812802,
        "volatility_cv": 0.7539144416174591,
        "max_drawdown_pct": 96.69734010818428,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 721119,
      "num_markets": 58,
      "highest_price_importer_iso3": "BHR",
      "highest_price_usd_per_ton": 46000,
      "lowest_price_importer_iso3": "S19",
      "lowest_price_usd_per_ton": 239.76968949208305,
      "median_price_across_markets": 988.9728405146008,
      "price_spread_pct": 4627.046207527509,
      "avg_quantity_metric_tons": 289.2355521472392,
      "total_trade_value_usd": 46646440
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 12062063.315539435,
        "active_destinations": 36,
        "yoy_growth_pct": -41.92466517181423
      },
      {
        "year": 2011,
        "export_value_usd": 10892016.370954609,
        "active_destinations": 37,
        "yoy_growth_pct": -9.700222208894115
      },
      {
        "year": 2012,
        "export_value_usd": 6230408.369289663,
        "active_destinations": 40,
        "yoy_growth_pct": -42.798393271753675
      },
      {
        "year": 2013,
        "export_value_usd": 6841656.054148875,
        "active_destinations": 39,
        "yoy_growth_pct": 9.810716226437362
      },
      {
        "year": 2014,
        "export_value_usd": 9758183.36631062,
        "active_destinations": 43,
        "yoy_growth_pct": 42.628967154715745
      },
      {
        "year": 2015,
        "export_value_usd": 10673985.962212514,
        "active_destinations": 41,
        "yoy_growth_pct": 9.384970147862067
      },
      {
        "year": 2016,
        "export_value_usd": 20296310.726978846,
        "active_destinations": 37,
        "yoy_growth_pct": 90.14743694465011
      },
      {
        "year": 2017,
        "export_value_usd": 4275525.373030419,
        "active_destinations": 37,
        "yoy_growth_pct": -78.93447025647285
      },
      {
        "year": 2018,
        "export_value_usd": 9070873.007597636,
        "active_destinations": 42,
        "yoy_growth_pct": 112.1580909054074
      },
      {
        "year": 2019,
        "export_value_usd": 7223760.358698135,
        "active_destinations": 41,
        "yoy_growth_pct": -20.363118823870487
      },
      {
        "year": 2020,
        "export_value_usd": 5176480.219158241,
        "active_destinations": 38,
        "yoy_growth_pct": -28.340919934792176
      },
      {
        "year": 2021,
        "export_value_usd": 8384054.152800674,
        "active_destinations": 31,
        "yoy_growth_pct": 61.964381159443974
      },
      {
        "year": 2022,
        "export_value_usd": 10385488.702804772,
        "active_destinations": 34,
        "yoy_growth_pct": 23.87191820958747
      },
      {
        "year": 2023,
        "export_value_usd": 7340186.152811579,
        "active_destinations": 29,
        "yoy_growth_pct": -29.322669709040834
      },
      {
        "year": 2024,
        "export_value_usd": 6218058.373147178,
        "active_destinations": 31,
        "yoy_growth_pct": -15.287456698010063
      }
    ],
    "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": "721119",
    "hs_description": "Iron or non-alloy steel: flat-rolled, hot-rolled, of a width less than 600mm, less than 4.75mm thick, excluding those of item no. 7211.13",
    "hs_chapter": 72,
    "hs_heading": 7211
  },
  "destinations": [
    {
      "hs_code": 721119,
      "corridor_rank": 85,
      "exporter_iso3": "KOR",
      "importer_iso3": "CHN",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 1554310.0810940315,
      "exports_all_year_avg_usd": 2266965.486912871,
      "exports_avg_3y_usd": 1325167.4678016438,
      "exports_avg_5y_usd": 1181552.9990456859,
      "exports_avg_10y_usd": 803292.7632537339,
      "exports_cagr_3y_pct": 5.52692286274008,
      "exports_cagr_5y_pct": 39.17779752023913,
      "exports_cagr_10y_pct": -0.5478875122204352,
      "exports_historical_peak_usd": 10317143.56417738,
      "buyer_imports_latest_observed_usd": 10497725.546457078,
      "historical_peak_year": 2004,
      "positive_growth_year_share_pct": 44.827586206896555,
      "trend_acceleration_pct": 6.074810374960515,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 7.7308,
      "buyer_yoy_all_avg_pct": 3.0645,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 14.806160384128178,
      "market_share_change_1y_pp": 3.2015985825277156,
      "peer_best_share_pct": 42.871949475200175,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 37,
      "buyer_market_hhi": 2314.85,
      "distance_km": 955.6510620117188,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.29886233885252517,
      "tariff_advantage_pp": 0.19096898705858587,
      "volatility_cv": 0.8834247937148249,
      "max_drawdown_pct": 97.11511575241826,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 721119,
      "corridor_rank": 90,
      "exporter_iso3": "KOR",
      "importer_iso3": "VNM",
      "latest_data_year": 2024,
      "lane_data_years": 29,
      "exports_latest_observed_usd": 1443439.5071647326,
      "exports_all_year_avg_usd": 863338.2775249298,
      "exports_avg_3y_usd": 1283181.7855389444,
      "exports_avg_5y_usd": 1233565.3680552444,
      "exports_avg_10y_usd": 1035885.5830577984,
      "exports_cagr_3y_pct": -3.729052026132351,
      "exports_cagr_5y_pct": 23.544428978948638,
      "exports_cagr_10y_pct": 3.0816357384237936,
      "exports_historical_peak_usd": 2541157.025317505,
      "buyer_imports_latest_observed_usd": 52995663.44927628,
      "historical_peak_year": 2008,
      "positive_growth_year_share_pct": 57.142857142857146,
      "trend_acceleration_pct": -6.810687764556144,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": 18.1874,
      "buyer_yoy_all_avg_pct": 61.006,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 2.723693625510116,
      "market_share_change_1y_pp": -0.5621593783916876,
      "peer_best_share_pct": 88.45728808271697,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 10,
      "buyer_market_hhi": 7882.41,
      "distance_km": 2740.13525390625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.15333395833888885,
      "tariff_advantage_pp": 0.1308451959812802,
      "volatility_cv": 0.7539144416174591,
      "max_drawdown_pct": 96.69734010818428,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 721119,
    "num_markets": 58,
    "highest_price_importer_iso3": "BHR",
    "highest_price_usd_per_ton": 46000,
    "lowest_price_importer_iso3": "S19",
    "lowest_price_usd_per_ton": 239.76968949208305,
    "median_price_across_markets": 988.9728405146008,
    "price_spread_pct": 4627.046207527509,
    "avg_quantity_metric_tons": 289.2355521472392,
    "total_trade_value_usd": 46646440
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 12062063.315539435,
      "active_destinations": 36,
      "yoy_growth_pct": -41.92466517181423
    },
    {
      "year": 2011,
      "export_value_usd": 10892016.370954609,
      "active_destinations": 37,
      "yoy_growth_pct": -9.700222208894115
    },
    {
      "year": 2012,
      "export_value_usd": 6230408.369289663,
      "active_destinations": 40,
      "yoy_growth_pct": -42.798393271753675
    },
    {
      "year": 2013,
      "export_value_usd": 6841656.054148875,
      "active_destinations": 39,
      "yoy_growth_pct": 9.810716226437362
    },
    {
      "year": 2014,
      "export_value_usd": 9758183.36631062,
      "active_destinations": 43,
      "yoy_growth_pct": 42.628967154715745
    },
    {
      "year": 2015,
      "export_value_usd": 10673985.962212514,
      "active_destinations": 41,
      "yoy_growth_pct": 9.384970147862067
    },
    {
      "year": 2016,
      "export_value_usd": 20296310.726978846,
      "active_destinations": 37,
      "yoy_growth_pct": 90.14743694465011
    },
    {
      "year": 2017,
      "export_value_usd": 4275525.373030419,
      "active_destinations": 37,
      "yoy_growth_pct": -78.93447025647285
    },
    {
      "year": 2018,
      "export_value_usd": 9070873.007597636,
      "active_destinations": 42,
      "yoy_growth_pct": 112.1580909054074
    },
    {
      "year": 2019,
      "export_value_usd": 7223760.358698135,
      "active_destinations": 41,
      "yoy_growth_pct": -20.363118823870487
    },
    {
      "year": 2020,
      "export_value_usd": 5176480.219158241,
      "active_destinations": 38,
      "yoy_growth_pct": -28.340919934792176
    },
    {
      "year": 2021,
      "export_value_usd": 8384054.152800674,
      "active_destinations": 31,
      "yoy_growth_pct": 61.964381159443974
    },
    {
      "year": 2022,
      "export_value_usd": 10385488.702804772,
      "active_destinations": 34,
      "yoy_growth_pct": 23.87191820958747
    },
    {
      "year": 2023,
      "export_value_usd": 7340186.152811579,
      "active_destinations": 29,
      "yoy_growth_pct": -29.322669709040834
    },
    {
      "year": 2024,
      "export_value_usd": 6218058.373147178,
      "active_destinations": 31,
      "yoy_growth_pct": -15.287456698010063
    }
  ],
  "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
  }
}