# Republic of Korea HS 721590 exports | Yugalinks

Explore reported HS 721590 exports from Republic of Korea: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Republic of Korea |
| HS6 | 721590 |
| Latest exports | $11.9M |
| Active destinations | 40 |
| Three-year growth | -5.9% |
| Destination HHI | 1,674 |
| Weighted share | 22.7% |

## Destination markets

- China: $4.2M; share 37.7%; growth +1.8%
- Malaysia: $865.0K; share 5.9%; growth -2.5%

## Price intelligence

- Highest reported market price: Austria at $414.7K / ton.
- Lowest reported market price: France at $72.7 / ton.
- Median reported price: $3.0K / ton.
- Price spread: 13,821.9%.

## Export history

- 2010: $34.1M
- 2011: $50.9M
- 2012: $37.8M
- 2013: $30.8M
- 2014: $27.7M
- 2015: $18.2M
- 2016: $15.0M
- 2017: $18.2M
- 2018: $21.7M
- 2019: $15.4M
- 2020: $8.1M
- 2021: $12.0M
- 2022: $12.4M
- 2023: $12.4M
- 2024: $10.0M

## 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
{
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  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/kor/721590",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/721590",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/721590",
    "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": "721590",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 143,
    "current_lane_count": 40,
    "active_market_count": 40,
    "exports_latest_observed_lanes_usd": 11941018.033124236,
    "exports_current_2024_usd": 10019862.71981232,
    "exports_avg_3y_usd": 11625040.409480507,
    "exports_avg_5y_usd": 10992364.988984281,
    "exports_avg_10y_usd": 14341153.939997125,
    "exports_cagr_3y_pct": -5.915228341442081,
    "exports_cagr_5y_pct": -8.184262570231338,
    "exports_cagr_10y_pct": -9.684051698589958,
    "exports_all_year_lane_avg_usd": 17329162.376233935,
    "exports_historical_lane_peak_usd": 80110511.87225962,
    "historical_peak_year": 2011,
    "positive_growth_year_share_pct": 48.275862068965516,
    "trend_acceleration_pct": 3.768823357147877,
    "trend_label": "Declining",
    "top_market_iso3": "CHN",
    "top_market_exports_usd": 4188888.0845067087,
    "top_market_share_pct": 35.07982378794492,
    "destination_hhi": 1674.19840661919,
    "weighted_share_latest_pct": 22.650668624418433,
    "weighted_share_change_1y_pp": -1.9504449382131905,
    "weighted_volatility_cv": 0.9830983799624546,
    "weighted_max_drawdown_pct": 73.39365025602305,
    "limited_history_lane_share_pct": 35.66433566433567,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 721590,
      "hs_description": "Iron or non-alloy steel: bars and rods, n.e.c. in chapter 72, n.e.c. in heading no. 7215",
      "hs_chapter": 72,
      "hs_heading": 7215,
      "substitution_elasticity": -7.1676445,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Iron or non-alloy steel: bars and rods, n.e.c. in chapter 72, n.e.c. in heading no. 7215",
    "hs_chapter": 72,
    "hs_heading": 7215,
    "destinations": [
      {
        "hs_code": 721590,
        "corridor_rank": 26,
        "exporter_iso3": "KOR",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 4188888.0845067087,
        "exports_all_year_avg_usd": 2941155.4260082766,
        "exports_avg_3y_usd": 4138644.671432197,
        "exports_avg_5y_usd": 4047941.843799369,
        "exports_avg_10y_usd": 4524021.288236648,
        "exports_cagr_3y_pct": 1.8368404491709178,
        "exports_cagr_5y_pct": 3.4438943581340364,
        "exports_cagr_10y_pct": -3.5027092064198295,
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        "trend_acceleration_pct": 5.339549655590748,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": -12.8631,
        "buyer_yoy_all_avg_pct": 1.749,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 37.705998805119414,
        "market_share_change_1y_pp": -3.5420996823260964,
        "peer_best_share_pct": 37.705998805119414,
        "peer_top_exporter": "KOR",
        "supplier_count_latest": 39,
        "buyer_market_hhi": 2594.29,
        "distance_km": 955.6510620117188,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.29886233885252517,
        "tariff_advantage_pp": 0.19096898705858587,
        "volatility_cv": 0.6207854877647201,
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        "refreshed_at": "2026-07-20 09:30:25"
      },
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        "corridor_rank": 89,
        "exporter_iso3": "KOR",
        "importer_iso3": "MYS",
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        "exports_latest_observed_usd": 864953.0941428384,
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        "exports_avg_5y_usd": 1232373.7026671576,
        "exports_avg_10y_usd": 927899.9509623486,
        "exports_cagr_3y_pct": -2.4839315210734236,
        "exports_cagr_5y_pct": 4.464739336625256,
        "exports_cagr_10y_pct": -2.6794577631615635,
        "exports_historical_peak_usd": 2176838.0368318744,
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        "peer_best_share_pct": 50.01052899985305,
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        "supplier_count_latest": 21,
        "buyer_market_hhi": 3091.45,
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        "has_reported_fta": 1,
        "applied_tariff_pct": 0.12741186024040405,
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        "volatility_cv": 0.8080835166028132,
        "max_drawdown_pct": 84.47730110263304,
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        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
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        "signal_flag": "Growing",
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    "priceSummary": {
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      "lowest_price_importer_iso3": "FRA",
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      "total_trade_value_usd": 85726115
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      {
        "year": 2014,
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        "yoy_growth_pct": -9.779505294946134
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      {
        "year": 2015,
        "export_value_usd": 18244023.8518843,
        "active_destinations": 65,
        "yoy_growth_pct": -34.24885456225593
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      {
        "year": 2016,
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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,
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      "exports_cagr_3y_pct": 2.3762912989319096,
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      "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
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    "countryMap": {}
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  "product": {
    "hs_code": "721590",
    "hs_description": "Iron or non-alloy steel: bars and rods, n.e.c. in chapter 72, n.e.c. in heading no. 7215",
    "hs_chapter": 72,
    "hs_heading": 7215
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      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market']",
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      "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
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  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 721590,
    "num_markets": 83,
    "highest_price_importer_iso3": "AUT",
    "highest_price_usd_per_ton": 414733.3333333334,
    "lowest_price_importer_iso3": "FRA",
    "lowest_price_usd_per_ton": 72.72727272727273,
    "median_price_across_markets": 3000.024062755667,
    "price_spread_pct": 13821.909337611123,
    "avg_quantity_metric_tons": 152.25910360360362,
    "total_trade_value_usd": 85726115
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  "history": [
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      "active_destinations": 79,
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      "year": 2014,
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      "year": 2019,
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      "export_value_usd": 8055647.233373776,
      "active_destinations": 45,
      "yoy_growth_pct": -47.540481319834974
    },
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      "year": 2021,
      "export_value_usd": 12031056.483106105,
      "active_destinations": 48,
      "yoy_growth_pct": 49.349346297869005
    },
    {
      "year": 2022,
      "export_value_usd": 12417582.567245545,
      "active_destinations": 45,
      "yoy_growth_pct": 3.212736011024439
    },
    {
      "year": 2023,
      "export_value_usd": 12437675.941383658,
      "active_destinations": 37,
      "yoy_growth_pct": 0.16181389597613285
    },
    {
      "year": 2024,
      "export_value_usd": 10019862.71981232,
      "active_destinations": 40,
      "yoy_growth_pct": -19.439429303078967
    }
  ],
  "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
  }
}
```