# Republic of Korea HS 721921 exports | Yugalinks

Explore reported HS 721921 exports from Republic of Korea: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Republic of Korea |
| HS6 | 721921 |
| Latest exports | $74.7M |
| Active destinations | 40 |
| Three-year growth | -3.3% |
| Destination HHI | 1,224 |
| Weighted share | 30.5% |

## Destination markets

- India: $19.5M; share 39.6%; growth +23.6%
- Japan: $12.8M; share 80.8%; growth -4.2%
- USA, Puerto Rico and US Virgin Islands: $6.7M; share 4.2%; growth -6.8%
- Australia: $4.8M; share 36.7%; growth -11.8%

## Price intelligence

- Highest reported market price: Iraq at $245.0K / ton.
- Lowest reported market price: Venezuela at $122.4 / ton.
- Median reported price: $3.7K / ton.
- Price spread: 6,573.9%.

## Export history

- 2010: $86.4M
- 2011: $109.4M
- 2012: $55.9M
- 2013: $50.1M
- 2014: $52.1M
- 2015: $52.7M
- 2016: $51.6M
- 2017: $77.2M
- 2018: $69.2M
- 2019: $56.2M
- 2020: $46.9M
- 2021: $79.2M
- 2022: $92.9M
- 2023: $79.0M
- 2024: $71.6M

## 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/721921",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/721921",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/721921",
    "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": "721921",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 92,
    "current_lane_count": 40,
    "active_market_count": 40,
    "exports_latest_observed_lanes_usd": 74713687.71005774,
    "exports_current_2024_usd": 71640803.47272465,
    "exports_avg_3y_usd": 81193880.84960054,
    "exports_avg_5y_usd": 73941246.8126169,
    "exports_avg_10y_usd": 67661335.01376915,
    "exports_cagr_3y_pct": -3.292951702070568,
    "exports_cagr_5y_pct": 4.960506399261111,
    "exports_cagr_10y_pct": 3.2297334368750263,
    "exports_all_year_lane_avg_usd": 63972123.052796446,
    "exports_historical_lane_peak_usd": 228645543.7702722,
    "historical_peak_year": 2008,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": -6.522685138945594,
    "trend_label": "Declining",
    "top_market_iso3": "IND",
    "top_market_exports_usd": 19533755.89774461,
    "top_market_share_pct": 26.14481562407879,
    "destination_hhi": 1224.3220643592351,
    "weighted_share_latest_pct": 30.457741904775222,
    "weighted_share_change_1y_pp": 1.0658165881207298,
    "weighted_volatility_cv": 0.8719318661318537,
    "weighted_max_drawdown_pct": 84.4846802457903,
    "limited_history_lane_share_pct": 40.21739130434783,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 721921,
      "hs_description": "Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, (not in coils), of a thickness exceeding 10mm",
      "hs_chapter": 72,
      "hs_heading": 7219,
      "substitution_elasticity": -11.032049,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, (not in coils), of a thickness exceeding 10mm",
    "hs_chapter": 72,
    "hs_heading": 7219,
    "destinations": [
      {
        "hs_code": 721921,
        "corridor_rank": 20,
        "exporter_iso3": "KOR",
        "importer_iso3": "IND",
        "latest_data_year": 2024,
        "lane_data_years": 29,
        "exports_latest_observed_usd": 19533755.89774461,
        "exports_all_year_avg_usd": 5832177.408795083,
        "exports_avg_3y_usd": 14782636.108786777,
        "exports_avg_5y_usd": 12433688.072908094,
        "exports_avg_10y_usd": 9414739.086520432,
        "exports_cagr_3y_pct": 23.572996967775282,
        "exports_cagr_5y_pct": 13.00240306127809,
        "exports_cagr_10y_pct": 12.733508927982239,
        "exports_historical_peak_usd": 19533755.89774461,
        "buyer_imports_latest_observed_usd": 49363232.97408236,
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        "buyer_yoy_all_avg_pct": 16.1381,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 39.57146791418746,
        "market_share_change_1y_pp": 1.807596059411246,
        "peer_best_share_pct": 39.57146791418747,
        "peer_top_exporter": "KOR",
        "supplier_count_latest": 28,
        "buyer_market_hhi": 2283.96,
        "distance_km": 4692.671875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.5178343248545455,
        "tariff_advantage_pp": 0.4423262793264647,
        "volatility_cv": 0.875150651135806,
        "max_drawdown_pct": 87.73783615378079,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 721921,
        "corridor_rank": 36,
        "exporter_iso3": "KOR",
        "importer_iso3": "JPN",
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        "lane_data_years": 30,
        "exports_latest_observed_usd": 12842113.54696173,
        "exports_all_year_avg_usd": 17493557.14096792,
        "exports_avg_3y_usd": 17618442.967040014,
        "exports_avg_5y_usd": 16573264.170540055,
        "exports_avg_10y_usd": 21633792.245476402,
        "exports_cagr_3y_pct": -4.2032302354440105,
        "exports_cagr_5y_pct": -5.960459787261019,
        "exports_cagr_10y_pct": -3.6885835571436654,
        "exports_historical_peak_usd": 38339742.53195183,
        "buyer_imports_latest_observed_usd": 15903406.743377786,
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        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -32.4291,
        "buyer_yoy_all_avg_pct": 33.5749,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 80.75070803498889,
        "market_share_change_1y_pp": 0.7482096721223712,
        "peer_best_share_pct": 80.75070803498889,
        "peer_top_exporter": "KOR",
        "supplier_count_latest": 13,
        "buyer_market_hhi": 6673.58,
        "distance_km": 1156.6695556640625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019192582961135757,
        "tariff_advantage_pp": 0.025107009371248486,
        "volatility_cv": 0.6411946745238177,
        "max_drawdown_pct": 68.70991445952036,
        "attention_level": "Critical attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier','buyer_macro_weakness']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 721921,
        "corridor_rank": 76,
        "exporter_iso3": "KOR",
        "importer_iso3": "USA",
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        "lane_data_years": 30,
        "exports_latest_observed_usd": 6724552.650203169,
        "exports_all_year_avg_usd": 5269680.590253865,
        "exports_avg_3y_usd": 8597958.808420582,
        "exports_avg_5y_usd": 7779764.744319707,
        "exports_avg_10y_usd": 7315939.2191447,
        "exports_cagr_3y_pct": -6.815056855266843,
        "exports_cagr_5y_pct": 3.019281073893154,
        "exports_cagr_10y_pct": 2.8510862450498164,
        "exports_historical_peak_usd": 11718366.310705183,
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        "buyer_yoy_all_avg_pct": 19.1242,
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        "peer_best_share_pct": 26.92027434602009,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 27,
        "buyer_market_hhi": 1713.5,
        "distance_km": 11065.7021484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.04295669226020202,
        "tariff_advantage_pp": 0.03830231714616161,
        "volatility_cv": 0.5472919319332117,
        "max_drawdown_pct": 69.02503418448825,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
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        "exporter_iso3": "KOR",
        "importer_iso3": "AUS",
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        "exports_latest_observed_usd": 4824125.086476366,
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        "exports_avg_5y_usd": 5580736.629728837,
        "exports_avg_10y_usd": 4199756.327491179,
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        "exports_cagr_5y_pct": 7.506669778414965,
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        "buyer_market_hhi": 2594.07,
        "distance_km": 8329.65234375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.05980743551395961,
        "tariff_advantage_pp": -0.023937599311111113,
        "volatility_cv": 0.5657922090437265,
        "max_drawdown_pct": 79.33069779823145,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 721921,
      "num_markets": 61,
      "highest_price_importer_iso3": "IRQ",
      "highest_price_usd_per_ton": 245000,
      "lowest_price_importer_iso3": "VEN",
      "lowest_price_usd_per_ton": 122.40184757505774,
      "median_price_across_markets": 3725.0042437616703,
      "price_spread_pct": 6573.887763014653,
      "avg_quantity_metric_tons": 578.5029748743718,
      "total_trade_value_usd": 367005900
    },
    "history": [
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        "year": 2010,
        "export_value_usd": 86439570.06647706,
        "active_destinations": 38,
        "yoy_growth_pct": 56.10778796279844
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      {
        "year": 2011,
        "export_value_usd": 109352477.02437897,
        "active_destinations": 40,
        "yoy_growth_pct": 26.507428183967775
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      {
        "year": 2012,
        "export_value_usd": 55860822.10227164,
        "active_destinations": 40,
        "yoy_growth_pct": -48.916729074350954
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      {
        "year": 2013,
        "export_value_usd": 50052034.49980128,
        "active_destinations": 37,
        "yoy_growth_pct": -10.398679045280538
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      {
        "year": 2014,
        "export_value_usd": 52132960.60739835,
        "active_destinations": 38,
        "yoy_growth_pct": 4.157525519977289
      },
      {
        "year": 2015,
        "export_value_usd": 52744827.75499673,
        "active_destinations": 38,
        "yoy_growth_pct": 1.1736666026052363
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      {
        "year": 2016,
        "export_value_usd": 51556135.055318296,
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        "year": 2017,
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        "yoy_growth_pct": 49.66275340336803
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      {
        "year": 2018,
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      {
        "year": 2019,
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    "economy": {
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      "trade_balance_usd": 116364933474.75122,
      "yoy_exports_growth_pct": 8.99738243181556,
      "yoy_imports_growth_pct": -2.0488493611390823,
      "exports_cagr_3y_pct": 2.3762912989319096,
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      "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
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    "countryMap": {}
  },
  "product": {
    "hs_code": "721921",
    "hs_description": "Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, (not in coils), of a thickness exceeding 10mm",
    "hs_chapter": 72,
    "hs_heading": 7219
  },
  "destinations": [
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      "corridor_rank": 20,
      "exporter_iso3": "KOR",
      "importer_iso3": "IND",
      "latest_data_year": 2024,
      "lane_data_years": 29,
      "exports_latest_observed_usd": 19533755.89774461,
      "exports_all_year_avg_usd": 5832177.408795083,
      "exports_avg_3y_usd": 14782636.108786777,
      "exports_avg_5y_usd": 12433688.072908094,
      "exports_avg_10y_usd": 9414739.086520432,
      "exports_cagr_3y_pct": 23.572996967775282,
      "exports_cagr_5y_pct": 13.00240306127809,
      "exports_cagr_10y_pct": 12.733508927982239,
      "exports_historical_peak_usd": 19533755.89774461,
      "buyer_imports_latest_observed_usd": 49363232.97408236,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 64.28571428571429,
      "trend_acceleration_pct": 10.839488039793043,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 17.7632,
      "buyer_yoy_all_avg_pct": 16.1381,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 39.57146791418746,
      "market_share_change_1y_pp": 1.807596059411246,
      "peer_best_share_pct": 39.57146791418747,
      "peer_top_exporter": "KOR",
      "supplier_count_latest": 28,
      "buyer_market_hhi": 2283.96,
      "distance_km": 4692.671875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.5178343248545455,
      "tariff_advantage_pp": 0.4423262793264647,
      "volatility_cv": 0.875150651135806,
      "max_drawdown_pct": 87.73783615378079,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 721921,
      "corridor_rank": 36,
      "exporter_iso3": "KOR",
      "importer_iso3": "JPN",
      "latest_data_year": 2024,
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  ],
  "prices": [],
  "priceSummary": {
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    "num_markets": 61,
    "highest_price_importer_iso3": "IRQ",
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  }
}
```