{
  "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/721410",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/721410",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/721410",
    "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": "721410",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 94,
    "current_lane_count": 18,
    "active_market_count": 18,
    "exports_latest_observed_lanes_usd": 4951130.270628709,
    "exports_current_2024_usd": 2501476.8133262703,
    "exports_avg_3y_usd": 2731115.34213244,
    "exports_avg_5y_usd": 2989499.5760333985,
    "exports_avg_10y_usd": 4140511.3605978535,
    "exports_cagr_3y_pct": -12.840161478867174,
    "exports_cagr_5y_pct": -16.03185397488822,
    "exports_cagr_10y_pct": -7.086111411153794,
    "exports_all_year_lane_avg_usd": 9584856.585893234,
    "exports_historical_lane_peak_usd": 39964170.29529555,
    "historical_peak_year": 2008,
    "positive_growth_year_share_pct": 44.827586206896555,
    "trend_acceleration_pct": -5.754050067713379,
    "trend_label": "Rapid decline",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 1217689.6057667008,
    "top_market_share_pct": 24.594174243209217,
    "destination_hhi": 1617.984646518291,
    "weighted_share_latest_pct": 36.71380901866455,
    "weighted_share_change_1y_pp": 18.66491198580474,
    "weighted_volatility_cv": 1.0505452029204756,
    "weighted_max_drawdown_pct": 86.82493377106607,
    "limited_history_lane_share_pct": 52.12765957446808,
    "data_freshness_years": 0,
    "coverage_score": 79,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 721410,
      "hs_description": "Iron or non-alloy steel: bars and rods, forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling",
      "hs_chapter": 72,
      "hs_heading": 7214,
      "substitution_elasticity": -22.191757,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Iron or non-alloy steel: bars and rods, forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling",
    "hs_chapter": 72,
    "hs_heading": 7214,
    "destinations": [
      {
        "hs_code": 721410,
        "corridor_rank": 92,
        "exporter_iso3": "KOR",
        "importer_iso3": "BRN",
        "latest_data_year": 2024,
        "lane_data_years": 8,
        "exports_latest_observed_usd": 78535.46259327675,
        "exports_all_year_avg_usd": 10026.214560031263,
        "exports_avg_3y_usd": 78535.46259327675,
        "exports_avg_5y_usd": 78535.46259327675,
        "exports_avg_10y_usd": 39505.28988280184,
        "exports_cagr_3y_pct": 448.8095914748225,
        "exports_cagr_5y_pct": 177.74932727286114,
        "exports_cagr_10y_pct": 57.21815023631007,
        "exports_historical_peak_usd": 78535.46259327675,
        "buyer_imports_latest_observed_usd": 16055719.204051988,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 42.857142857142854,
        "trend_acceleration_pct": 391.59144123851246,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 4542.7512,
        "buyer_yoy_all_avg_pct": 2253.5906,
        "buyer_trend_consistency_pct": 37.931,
        "market_share_latest_pct": 0.4891432242627706,
        "market_share_change_1y_pp": -1.1408714761964198,
        "peer_best_share_pct": 97.24100991054007,
        "peer_top_exporter": "MYS",
        "supplier_count_latest": 5,
        "buyer_market_hhi": 9460.6,
        "distance_km": 3825.4853515625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.02027611764983839,
        "tariff_advantage_pp": 0.0034016464305050634,
        "volatility_cv": 2.582776142189753,
        "max_drawdown_pct": 80.74218196391266,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Accelerating",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 721410,
      "num_markets": 37,
      "highest_price_importer_iso3": "VNM",
      "highest_price_usd_per_ton": 141666.66666666666,
      "lowest_price_importer_iso3": "MYS",
      "lowest_price_usd_per_ton": 384.9437391374227,
      "median_price_across_markets": 1776.6428207570154,
      "price_spread_pct": 7952.173688312323,
      "avg_quantity_metric_tons": 185.5150588235294,
      "total_trade_value_usd": 19692583
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 12102871.216316067,
        "active_destinations": 27,
        "yoy_growth_pct": -39.53986092936109
      },
      {
        "year": 2011,
        "export_value_usd": 16699340.221886326,
        "active_destinations": 24,
        "yoy_growth_pct": 37.97833525133845
      },
      {
        "year": 2012,
        "export_value_usd": 12250785.899433523,
        "active_destinations": 28,
        "yoy_growth_pct": -26.63910228394821
      },
      {
        "year": 2013,
        "export_value_usd": 5845448.320082136,
        "active_destinations": 22,
        "yoy_growth_pct": -52.28511568100761
      },
      {
        "year": 2014,
        "export_value_usd": 5216631.00419092,
        "active_destinations": 31,
        "yoy_growth_pct": -10.757383890144132
      },
      {
        "year": 2015,
        "export_value_usd": 3767223.276565584,
        "active_destinations": 31,
        "yoy_growth_pct": -27.78436363355805
      },
      {
        "year": 2016,
        "export_value_usd": 3850327.981950866,
        "active_destinations": 28,
        "yoy_growth_pct": 2.2059936267182225
      },
      {
        "year": 2017,
        "export_value_usd": 6339122.399748626,
        "active_destinations": 25,
        "yoy_growth_pct": 64.63850429013971
      },
      {
        "year": 2018,
        "export_value_usd": 6508226.569024319,
        "active_destinations": 23,
        "yoy_growth_pct": 2.667627450802944
      },
      {
        "year": 2019,
        "export_value_usd": 5992715.498522149,
        "active_destinations": 24,
        "yoy_growth_pct": -7.920914630657247
      },
      {
        "year": 2020,
        "export_value_usd": 2976279.927796777,
        "active_destinations": 17,
        "yoy_growth_pct": -50.33503712080524
      },
      {
        "year": 2021,
        "export_value_usd": 3777871.9259728943,
        "active_destinations": 24,
        "yoy_growth_pct": 26.93268165704778
      },
      {
        "year": 2022,
        "export_value_usd": 3510596.4113945006,
        "active_destinations": 17,
        "yoy_growth_pct": -7.074763777482046
      },
      {
        "year": 2023,
        "export_value_usd": 2181272.8016765486,
        "active_destinations": 17,
        "yoy_growth_pct": -37.86603340114251
      },
      {
        "year": 2024,
        "export_value_usd": 2501476.8133262703,
        "active_destinations": 18,
        "yoy_growth_pct": 14.67968662166464
      }
    ],
    "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": "721410",
    "hs_description": "Iron or non-alloy steel: bars and rods, forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling",
    "hs_chapter": 72,
    "hs_heading": 7214
  },
  "destinations": [
    {
      "hs_code": 721410,
      "corridor_rank": 92,
      "exporter_iso3": "KOR",
      "importer_iso3": "BRN",
      "latest_data_year": 2024,
      "lane_data_years": 8,
      "exports_latest_observed_usd": 78535.46259327675,
      "exports_all_year_avg_usd": 10026.214560031263,
      "exports_avg_3y_usd": 78535.46259327675,
      "exports_avg_5y_usd": 78535.46259327675,
      "exports_avg_10y_usd": 39505.28988280184,
      "exports_cagr_3y_pct": 448.8095914748225,
      "exports_cagr_5y_pct": 177.74932727286114,
      "exports_cagr_10y_pct": 57.21815023631007,
      "exports_historical_peak_usd": 78535.46259327675,
      "buyer_imports_latest_observed_usd": 16055719.204051988,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 42.857142857142854,
      "trend_acceleration_pct": 391.59144123851246,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 4542.7512,
      "buyer_yoy_all_avg_pct": 2253.5906,
      "buyer_trend_consistency_pct": 37.931,
      "market_share_latest_pct": 0.4891432242627706,
      "market_share_change_1y_pp": -1.1408714761964198,
      "peer_best_share_pct": 97.24100991054007,
      "peer_top_exporter": "MYS",
      "supplier_count_latest": 5,
      "buyer_market_hhi": 9460.6,
      "distance_km": 3825.4853515625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.02027611764983839,
      "tariff_advantage_pp": 0.0034016464305050634,
      "volatility_cv": 2.582776142189753,
      "max_drawdown_pct": 80.74218196391266,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Accelerating",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 721410,
    "num_markets": 37,
    "highest_price_importer_iso3": "VNM",
    "highest_price_usd_per_ton": 141666.66666666666,
    "lowest_price_importer_iso3": "MYS",
    "lowest_price_usd_per_ton": 384.9437391374227,
    "median_price_across_markets": 1776.6428207570154,
    "price_spread_pct": 7952.173688312323,
    "avg_quantity_metric_tons": 185.5150588235294,
    "total_trade_value_usd": 19692583
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 12102871.216316067,
      "active_destinations": 27,
      "yoy_growth_pct": -39.53986092936109
    },
    {
      "year": 2011,
      "export_value_usd": 16699340.221886326,
      "active_destinations": 24,
      "yoy_growth_pct": 37.97833525133845
    },
    {
      "year": 2012,
      "export_value_usd": 12250785.899433523,
      "active_destinations": 28,
      "yoy_growth_pct": -26.63910228394821
    },
    {
      "year": 2013,
      "export_value_usd": 5845448.320082136,
      "active_destinations": 22,
      "yoy_growth_pct": -52.28511568100761
    },
    {
      "year": 2014,
      "export_value_usd": 5216631.00419092,
      "active_destinations": 31,
      "yoy_growth_pct": -10.757383890144132
    },
    {
      "year": 2015,
      "export_value_usd": 3767223.276565584,
      "active_destinations": 31,
      "yoy_growth_pct": -27.78436363355805
    },
    {
      "year": 2016,
      "export_value_usd": 3850327.981950866,
      "active_destinations": 28,
      "yoy_growth_pct": 2.2059936267182225
    },
    {
      "year": 2017,
      "export_value_usd": 6339122.399748626,
      "active_destinations": 25,
      "yoy_growth_pct": 64.63850429013971
    },
    {
      "year": 2018,
      "export_value_usd": 6508226.569024319,
      "active_destinations": 23,
      "yoy_growth_pct": 2.667627450802944
    },
    {
      "year": 2019,
      "export_value_usd": 5992715.498522149,
      "active_destinations": 24,
      "yoy_growth_pct": -7.920914630657247
    },
    {
      "year": 2020,
      "export_value_usd": 2976279.927796777,
      "active_destinations": 17,
      "yoy_growth_pct": -50.33503712080524
    },
    {
      "year": 2021,
      "export_value_usd": 3777871.9259728943,
      "active_destinations": 24,
      "yoy_growth_pct": 26.93268165704778
    },
    {
      "year": 2022,
      "export_value_usd": 3510596.4113945006,
      "active_destinations": 17,
      "yoy_growth_pct": -7.074763777482046
    },
    {
      "year": 2023,
      "export_value_usd": 2181272.8016765486,
      "active_destinations": 17,
      "yoy_growth_pct": -37.86603340114251
    },
    {
      "year": 2024,
      "export_value_usd": 2501476.8133262703,
      "active_destinations": 18,
      "yoy_growth_pct": 14.67968662166464
    }
  ],
  "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
  }
}