# Republic of Korea HS 721912 exports | Yugalinks

Explore reported HS 721912 exports from Republic of Korea: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Republic of Korea |
| HS6 | 721912 |
| Latest exports | $177.0M |
| Active destinations | 21 |
| Three-year growth | -1.4% |
| Destination HHI | 1,724 |
| Weighted share | 25.3% |

## Destination markets

- China: $43.1M; share 26.3%; growth -8.6%
- Turkey: $34.7M; share 27.9%; growth -7.8%
- Viet Nam: $33.9M; share 15.4%; growth +19.5%
- Thailand: $29.7M; share 36.6%; growth -7.3%
- India: $12.7M; share 7%; growth +31.7%
- Japan: $9.8M; share 56.2%; growth +3.2%
- Italy: $7.0M; share 1.8%; growth +15.2%

## Price intelligence

- Highest reported market price: Panama at $152.0K / ton.
- Lowest reported market price: Algeria at $139.6 / ton.
- Median reported price: $2.3K / ton.
- Price spread: 6,568.4%.

## Export history

- 2010: $149.5M
- 2011: $143.9M
- 2012: $217.3M
- 2013: $182.5M
- 2014: $235.7M
- 2015: $174.0M
- 2016: $152.5M
- 2017: $225.8M
- 2018: $266.2M
- 2019: $219.0M
- 2020: $194.4M
- 2021: $179.2M
- 2022: $188.3M
- 2023: $203.0M
- 2024: $171.8M

## 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/721912",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/721912",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/721912",
    "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": "721912",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 81,
    "current_lane_count": 21,
    "active_market_count": 21,
    "exports_latest_observed_lanes_usd": 177048545.72804794,
    "exports_current_2024_usd": 171821488.64285487,
    "exports_avg_3y_usd": 187701194.49936906,
    "exports_avg_5y_usd": 187338480.4314955,
    "exports_avg_10y_usd": 197407524.25151077,
    "exports_cagr_3y_pct": -1.3986470488177027,
    "exports_cagr_5y_pct": -4.734271258529866,
    "exports_cagr_10y_pct": -3.1126706737416243,
    "exports_all_year_lane_avg_usd": 172459758.08532238,
    "exports_historical_lane_peak_usd": 623854874.3090228,
    "historical_peak_year": 2004,
    "positive_growth_year_share_pct": 48.275862068965516,
    "trend_acceleration_pct": 1.7140236249239216,
    "trend_label": "Stable",
    "top_market_iso3": "CHN",
    "top_market_exports_usd": 43146848.24219496,
    "top_market_share_pct": 24.370066449723826,
    "destination_hhi": 1723.7285607066271,
    "weighted_share_latest_pct": 25.305450012078293,
    "weighted_share_change_1y_pp": -4.604885964146027,
    "weighted_volatility_cv": 0.9387163814411292,
    "weighted_max_drawdown_pct": 94.39603274924086,
    "limited_history_lane_share_pct": 55.55555555555556,
    "data_freshness_years": 0,
    "coverage_score": 80.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 721912,
      "hs_description": "Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, in coils, of a thickness of 4.75mm or more but not exceeding 10mm",
      "hs_chapter": 72,
      "hs_heading": 7219,
      "substitution_elasticity": -12.913193,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, in coils, of a thickness of 4.75mm or more but not exceeding 10mm",
    "hs_chapter": 72,
    "hs_heading": 7219,
    "destinations": [
      {
        "hs_code": 721912,
        "corridor_rank": 21,
        "exporter_iso3": "KOR",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 43146848.24219496,
        "exports_all_year_avg_usd": 58487933.84317801,
        "exports_avg_3y_usd": 60896918.00045977,
        "exports_avg_5y_usd": 59705847.33478781,
        "exports_avg_10y_usd": 61796617.30303745,
        "exports_cagr_3y_pct": -8.638455244902488,
        "exports_cagr_5y_pct": -8.12136328298283,
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        "buyer_yoy_all_avg_pct": 32.7952,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 26.340927569283355,
        "market_share_change_1y_pp": -20.8559730461217,
        "peer_best_share_pct": 68.56725445485868,
        "peer_top_exporter": "IDN",
        "supplier_count_latest": 14,
        "buyer_market_hhi": 5403.32,
        "distance_km": 955.6510620117188,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.29886233885252517,
        "tariff_advantage_pp": 0.19096898705858587,
        "volatility_cv": 0.9972046772724098,
        "max_drawdown_pct": 97.74724818109283,
        "attention_level": "Critical attention",
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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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        "exports_avg_5y_usd": 35639666.08564011,
        "exports_avg_10y_usd": 34149211.14997184,
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        "has_reported_fta": 1,
        "applied_tariff_pct": 0.09173753086523233,
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        "volatility_cv": 0.7725042537253892,
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        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
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        "exports_avg_10y_usd": 29915059.977123596,
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        "has_reported_fta": 1,
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        "exporter_iso3": "KOR",
        "importer_iso3": "ITA",
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        "exports_avg_10y_usd": 11236598.459962966,
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        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 721912,
      "num_markets": 43,
      "highest_price_importer_iso3": "PAN",
      "highest_price_usd_per_ton": 152000,
      "lowest_price_importer_iso3": "DZA",
      "lowest_price_usd_per_ton": 139.56550362080316,
      "median_price_across_markets": 2311.9941669704704,
      "price_spread_pct": 6568.374465034661,
      "avg_quantity_metric_tons": 4908.456652542373,
      "total_trade_value_usd": 1029051764
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 149459337.40808302,
        "active_destinations": 26,
        "yoy_growth_pct": 61.169848386758034
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      {
        "year": 2011,
        "export_value_usd": 143893511.60828215,
        "active_destinations": 26,
        "yoy_growth_pct": -3.7239732868639512
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      {
        "year": 2012,
        "export_value_usd": 217280338.4537854,
        "active_destinations": 28,
        "yoy_growth_pct": 51.00078942077836
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      {
        "year": 2013,
        "export_value_usd": 182504041.69578257,
        "active_destinations": 26,
        "yoy_growth_pct": -16.005266286622426
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      {
        "year": 2014,
        "export_value_usd": 235726077.09355146,
        "active_destinations": 22,
        "yoy_growth_pct": 29.16211328978956
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      {
        "year": 2015,
        "export_value_usd": 173979617.9517361,
        "active_destinations": 24,
        "yoy_growth_pct": -26.194157177319994
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      {
        "year": 2016,
        "export_value_usd": 152475008.44980094,
        "active_destinations": 26,
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      "yoy_growth_pct": -17.741579349524688
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      "export_value_usd": 194351328.03776884,
      "active_destinations": 33,
      "yoy_growth_pct": -11.244861701436712
    },
    {
      "year": 2021,
      "export_value_usd": 179237490.62160128,
      "active_destinations": 25,
      "yoy_growth_pct": -7.776554741746063
    },
    {
      "year": 2022,
      "export_value_usd": 188322326.77864844,
      "active_destinations": 21,
      "yoy_growth_pct": 5.068602626348234
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    {
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      "active_destinations": 22,
      "yoy_growth_pct": 7.772546966860795
    },
    {
      "year": 2024,
      "export_value_usd": 171821488.64285487,
      "active_destinations": 21,
      "yoy_growth_pct": -15.342094509093265
    }
  ],
  "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
  }
}
```