# Republic of Korea HS 721230 exports | Yugalinks Explore reported HS 721230 exports from Republic of Korea: destinations, growth, concentration, prices, and history. ## Exporter position | Measure | Value | | --- | --- | | Exporter | Republic of Korea | | HS6 | 721230 | | Latest exports | $49.2M | | Active destinations | 51 | | Three-year growth | -12.4% | | Destination HHI | 1,411 | | Weighted share | 20.1% | ## Destination markets - Thailand: $16.6M; share 35.9%; growth +13.7% ## Price intelligence - Highest reported market price: Spain at $105.0K / ton. - Lowest reported market price: Brazil at $344.0 / ton. - Median reported price: $1.1K / ton. - Price spread: 9,943.3%. ## Export history - 2010: $43.6M - 2011: $41.9M - 2012: $48.5M - 2013: $60.4M - 2014: $58.4M - 2015: $45.7M - 2016: $41.3M - 2017: $46.0M - 2018: $41.9M - 2019: $39.8M - 2020: $44.4M - 2021: $64.4M - 2022: $53.8M - 2023: $47.4M - 2024: $43.4M ## 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/721230", "links": { "product": "https://www.yugalinks.com/trade/product/721230", "exporter": "https://www.yugalinks.com/trade/exporter/kor/721230", "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": "721230", "exporter_iso3": "KOR", "first_data_year": 1995, "latest_data_year": 2024, "observed_lane_count": 126, "current_lane_count": 51, "active_market_count": 51, "exports_latest_observed_lanes_usd": 49208447.51039872, "exports_current_2024_usd": 43388285.68697682, "exports_avg_3y_usd": 48191388.66878577, "exports_avg_5y_usd": 50692322.757700935, "exports_avg_10y_usd": 46807940.67347706, "exports_cagr_3y_pct": -12.35404016030911, "exports_cagr_5y_pct": 1.7626256803595863, "exports_cagr_10y_pct": -2.93465956882053, "exports_all_year_lane_avg_usd": 49339243.33015358, "exports_historical_lane_peak_usd": 199775277.61495256, "historical_peak_year": 2007, "positive_growth_year_share_pct": 48.275862068965516, "trend_acceleration_pct": -9.41938059148858, "trend_label": "Rapid decline", "top_market_iso3": "THA", "top_market_exports_usd": 16577166.900915185, "top_market_share_pct": 33.68764458056129, "destination_hhi": 1410.6825007934226, "weighted_share_latest_pct": 20.074349617431388, "weighted_share_change_1y_pp": -1.3366859851531687, "weighted_volatility_cv": 0.9672183059495916, "weighted_max_drawdown_pct": 91.00928299260761, "limited_history_lane_share_pct": 35.714285714285715, "data_freshness_years": 0, "coverage_score": 100, "confidence_label": "High", "refreshed_at": "2026-07-20 09:29:10", "source": "api", "product": { "hs_code": 721230, "hs_description": "Iron or non-alloy steel: flat-rolled, width less than 600mm, plated or coated with zinc (not electrolytically)", "hs_chapter": 72, "hs_heading": 7212, "substitution_elasticity": -4.8716869, "price_range_label": "Medium price range", "trade_type_label": "Two-way horizontal trade" }, "hs_description": "Iron or non-alloy steel: flat-rolled, width less than 600mm, plated or coated with zinc (not electrolytically)", "hs_chapter": 72, "hs_heading": 7212, "destinations": [ { "hs_code": 721230, "corridor_rank": 39, "exporter_iso3": "KOR", "importer_iso3": "THA", "latest_data_year": 2024, "lane_data_years": 30, "exports_latest_observed_usd": 16577166.900915185, "exports_all_year_avg_usd": 10664966.305356266, "exports_avg_3y_usd": 16534739.275999943, "exports_avg_5y_usd": 15391772.977562174, "exports_avg_10y_usd": 16727057.933713054, "exports_cagr_3y_pct": 13.715897929301303, "exports_cagr_5y_pct": -0.7247751686120796, "exports_cagr_10y_pct": -3.5655545599982963, "exports_historical_peak_usd": 23833533.608125146, "buyer_imports_latest_observed_usd": 46227143.09402555, "historical_peak_year": 2014, "positive_growth_year_share_pct": 58.62068965517241, "trend_acceleration_pct": 17.2814524892996, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 10.9126, "buyer_yoy_all_avg_pct": 21.8795, "buyer_trend_consistency_pct": 44.8276, "market_share_latest_pct": 35.860245283160566, "market_share_change_1y_pp": -5.936865066608689, "peer_best_share_pct": 61.78418733162502, "peer_top_exporter": "CHN", "supplier_count_latest": 18, "buyer_market_hhi": 5105.61, "distance_km": 3724.623779296875, "has_reported_fta": 1, "applied_tariff_pct": 0.2947049952282828, "tariff_advantage_pp": 0.29692757308234347, "volatility_cv": 0.7313634450182532, "max_drawdown_pct": 97.48283678019986, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','buyer_macro_weakness']", "signal_flag": "Growing", "confidence_label": "High", "refreshed_at": "2026-07-20 09:30:25" } ], "priceSummary": { "exporter_iso3": "KOR", "hs_code": 721230, "num_markets": 77, "highest_price_importer_iso3": "ESP", "highest_price_usd_per_ton": 105000, "lowest_price_importer_iso3": "BRA", "lowest_price_usd_per_ton": 343.97808470609357, "median_price_across_markets": 1052.5321336760926, "price_spread_pct": 9943.261451768738, "avg_quantity_metric_tons": 1154.053101214575, "total_trade_value_usd": 256799582 }, "history": [ { "year": 2010, "export_value_usd": 43617022.03318752, "active_destinations": 60, "yoy_growth_pct": 31.38079317323308 }, { "year": 2011, "export_value_usd": 41883685.58014147, "active_destinations": 52, "yoy_growth_pct": -3.9739908234156482 }, { "year": 2012, "export_value_usd": 48494990.520308435, "active_destinations": 57, "yoy_growth_pct": 15.784916844332386 }, { "year": 2013, "export_value_usd": 60412611.59391883, "active_destinations": 63, "yoy_growth_pct": 24.57495288842176 }, { "year": 2014, "export_value_usd": 58442753.66516034, "active_destinations": 57, "yoy_growth_pct": -3.260673354099418 }, { "year": 2015, "export_value_usd": 45659875.18151013, "active_destinations": 51, "yoy_growth_pct": -21.87247807810006 }, { "year": 2016, "export_value_usd": 41303768.064464584, "active_destinations": 48, "yoy_growth_pct": -9.540339520703597 }, { "year": 2017, "export_value_usd": 46012383.60308451, "active_destinations": 50, "yoy_growth_pct": 11.399966054600604 }, { "year": 2018, "export_value_usd": 41883176.434892744, "active_destinations": 53, "yoy_growth_pct": -8.974121410034842 }, { "year": 2019, "export_value_usd": 39758589.66231403, "active_destinations": 58, "yoy_growth_pct": -5.072649577763948 }, { "year": 2020, "export_value_usd": 44444293.9409433, "active_destinations": 51, "yoy_growth_pct": 11.785388562388349 }, { "year": 2021, "export_value_usd": 64443153.84120408, "active_destinations": 50, "yoy_growth_pct": 44.99758715221096 }, { "year": 2022, "export_value_usd": 53804427.676072866, "active_destinations": 51, "yoy_growth_pct": -16.508698800413075 }, { "year": 2023, "export_value_usd": 47381452.64330761, "active_destinations": 48, "yoy_growth_pct": -11.937632849538863 }, { "year": 2024, "export_value_usd": 43388285.68697682, "active_destinations": 51, "yoy_growth_pct": -8.427700573875937 } ], "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": 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-0.7247751686120796, "exports_cagr_10y_pct": -3.5655545599982963, "exports_historical_peak_usd": 23833533.608125146, "buyer_imports_latest_observed_usd": 46227143.09402555, "historical_peak_year": 2014, "positive_growth_year_share_pct": 58.62068965517241, "trend_acceleration_pct": 17.2814524892996, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 10.9126, "buyer_yoy_all_avg_pct": 21.8795, "buyer_trend_consistency_pct": 44.8276, "market_share_latest_pct": 35.860245283160566, "market_share_change_1y_pp": -5.936865066608689, "peer_best_share_pct": 61.78418733162502, "peer_top_exporter": "CHN", "supplier_count_latest": 18, "buyer_market_hhi": 5105.61, "distance_km": 3724.623779296875, "has_reported_fta": 1, "applied_tariff_pct": 0.2947049952282828, "tariff_advantage_pp": 0.29692757308234347, "volatility_cv": 0.7313634450182532, "max_drawdown_pct": 97.48283678019986, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','buyer_macro_weakness']", "signal_flag": "Growing", "confidence_label": "High", "refreshed_at": "2026-07-20 09:30:25" } ], "prices": [], "priceSummary": { "exporter_iso3": "KOR", "hs_code": 721230, "num_markets": 77, "highest_price_importer_iso3": "ESP", "highest_price_usd_per_ton": 105000, "lowest_price_importer_iso3": "BRA", "lowest_price_usd_per_ton": 343.97808470609357, "median_price_across_markets": 1052.5321336760926, "price_spread_pct": 9943.261451768738, "avg_quantity_metric_tons": 1154.053101214575, "total_trade_value_usd": 256799582 }, "history": [ { "year": 2010, "export_value_usd": 43617022.03318752, "active_destinations": 60, "yoy_growth_pct": 31.38079317323308 }, { "year": 2011, "export_value_usd": 41883685.58014147, "active_destinations": 52, "yoy_growth_pct": -3.9739908234156482 }, { "year": 2012, "export_value_usd": 48494990.520308435, "active_destinations": 57, "yoy_growth_pct": 15.784916844332386 }, { "year": 2013, "export_value_usd": 60412611.59391883, "active_destinations": 63, "yoy_growth_pct": 24.57495288842176 }, { "year": 2014, "export_value_usd": 58442753.66516034, "active_destinations": 57, "yoy_growth_pct": -3.260673354099418 }, { "year": 2015, "export_value_usd": 45659875.18151013, "active_destinations": 51, "yoy_growth_pct": -21.87247807810006 }, { "year": 2016, "export_value_usd": 41303768.064464584, "active_destinations": 48, "yoy_growth_pct": -9.540339520703597 }, { "year": 2017, "export_value_usd": 46012383.60308451, "active_destinations": 50, "yoy_growth_pct": 11.399966054600604 }, { "year": 2018, "export_value_usd": 41883176.434892744, "active_destinations": 53, "yoy_growth_pct": -8.974121410034842 }, { "year": 2019, "export_value_usd": 39758589.66231403, "active_destinations": 58, "yoy_growth_pct": -5.072649577763948 }, { "year": 2020, "export_value_usd": 44444293.9409433, "active_destinations": 51, "yoy_growth_pct": 11.785388562388349 }, { "year": 2021, "export_value_usd": 64443153.84120408, "active_destinations": 50, "yoy_growth_pct": 44.99758715221096 }, { "year": 2022, "export_value_usd": 53804427.676072866, "active_destinations": 51, "yoy_growth_pct": -16.508698800413075 }, { "year": 2023, "export_value_usd": 47381452.64330761, "active_destinations": 48, "yoy_growth_pct": -11.937632849538863 }, { "year": 2024, "export_value_usd": 43388285.68697682, "active_destinations": 51, "yoy_growth_pct": -8.427700573875937 } ], "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 } } ```