T3 · Product exporter position

Republic of Korea exports of Steel, alloy: flat-rolled, width 600mm or more, n.e.s. in heading no. 7225, plated or coated with zinc (other than electrolytically) (HS 722592)

See where Republic of Korea stands in steel, alloy: flat-rolled, width 600mm or more, n.e.s. in heading no. 7225, plated or coated with zinc (other than electrolytically): export scale, destination breadth, market position, growth, and reported trade history.

Exporter KORHS6 722592Latest year 2024Growing

Latest exports

$520.9MLatest observed lane total

Destination markets

37Reported active markets

Three-year growth

+5.2%Annualized change

Destination HHI

1,104Destination concentration

Weighted share

31.3%Reported market position

Exporter evidence

How strong is Republic of Korea in Steel, alloy: flat-rolled, width 600mm or more, n.e.s. in heading no. 7225, plated or coated with zinc (other than electrolytically)?

Reported exporter totals and calculated indicators for HS 722592. Values retain their observed coverage period.

Exporter scale

Latest exports$520.9M
Current 2024 exports$519.5M
Three-year average$506.8M
Historical peak$725.0M

Market position

Active destinations37
Destination HHI1,104
Weighted share31.3%
Share change-2.5 pp

Competitiveness

Three-year growth+5.2%
Volatility1.1
Maximum drawdown84.9%
TrendGrowing
MeasureValueWhat it describes
ExporterRepublic of KoreaCountry represented by this profile
Latest observed exports$520.9MSum of latest observed destination-lane values
Current 2024 exports$519.5MCommon-year comparison where reported
Three-year growth+5.2%Annualized change in exporter totals
Five-year growth+11.7%Annualized change in exporter totals
Leading destinationTURDestination with the largest observed export value
Leading destination share18.7%Share of observed exporter totals
Destination concentration1,104HHI across destination markets
Weighted share change-2.5 ppValue-weighted latest change in market share
Limited-history lanes45.6%Share of lanes with shorter history

Destination markets

Where does Republic of Korea sell steel, alloy: flat-rolled, width 600mm or more, n.e.s. in heading no. 7225, plated or coated with zinc (other than electrolytically)?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
Turkey$97.3M30%+25.5%FTA reportedAccelerating
China$91.9M43%-9.7%FTA reportedGrowing
Mexico$73.1M8.8%+53.3%0.1% tariffAccelerating
India$40.4M32.3%+22.1%FTA reportedGrowing
USA, Puerto Rico and US Virgin Islands$34.9M5.9%+24.2%FTA reportedAccelerating
Slovenia$31.1M65.7%-13.1%FTA reportedGrowing
Viet Nam$29.9M29.5%+11.8%FTA reportedGrowing
Brazil$22.4M49.6%+71.8%0.3% tariffAccelerating
Thailand$20.8M21.5%+55.4%FTA reportedGrowing
Indonesia$20.6M12.1%+2.6%FTA reportedGrowing
El Salvador$19.8M93.9%-10.7%FTA reportedGrowing

Destination

Turkey

Latest exports
$97.3M
Market share
30%
Growth
+25.5%
Access
FTA reported
Signal
Accelerating

Destination

China

Latest exports
$91.9M
Market share
43%
Growth
-9.7%
Access
FTA reported
Signal
Growing

Destination

Mexico

Latest exports
$73.1M
Market share
8.8%
Growth
+53.3%
Access
0.1% tariff
Signal
Accelerating

Destination

India

Latest exports
$40.4M
Market share
32.3%
Growth
+22.1%
Access
FTA reported
Signal
Growing

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$34.9M
Market share
5.9%
Growth
+24.2%
Access
FTA reported
Signal
Accelerating

Destination

Slovenia

Latest exports
$31.1M
Market share
65.7%
Growth
-13.1%
Access
FTA reported
Signal
Growing

Destination

Viet Nam

Latest exports
$29.9M
Market share
29.5%
Growth
+11.8%
Access
FTA reported
Signal
Growing

Destination

Brazil

Latest exports
$22.4M
Market share
49.6%
Growth
+71.8%
Access
0.3% tariff
Signal
Accelerating

Destination

Thailand

Latest exports
$20.8M
Market share
21.5%
Growth
+55.4%
Access
FTA reported
Signal
Growing

Destination

Indonesia

Latest exports
$20.6M
Market share
12.1%
Growth
+2.6%
Access
FTA reported
Signal
Growing

Destination

El Salvador

Latest exports
$19.8M
Market share
93.9%
Growth
-10.7%
Access
FTA reported
Signal
Growing

Price intelligence

How does Republic of Korea's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Russia: $200.0K / ton.

Lowest reported price

Germany: $94.5 / ton.

Median price

$1.0K / ton across reported markets.

Export trend

Reported export history

Annual observations for Republic of Korea and HS 722592 where available.

YearExportsYear-on-year changeActive destinations
2010$29.2M-42.4%22
2011$33.5M+15%22
2012$54.9M+63.8%25
2013$133.2M+142.6%28
2014$239.0M+79.4%28
2015$329.0M+37.6%32
2016$351.3M+6.8%35
2017$417.0M+18.7%34
2018$367.7M-11.8%38
2019$298.7M-18.8%33
2020$307.3M+2.9%31
2021$446.5M+45.3%33
2022$489.6M+9.7%38
2023$511.2M+4.4%35
2024$519.5M+1.6%37

Exporter context

Republic of Korea economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 722592.

Republic of Korea has reported exports of $719.1B and a trade balance of $116.4B in 2024.

Available structural indicators include 81.8% trade openness, 32.1% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about Republic of Korea steel, alloy: flat-rolled, width 600mm or more, n.e.s. in heading no. 7225, plated or coated with zinc (other than electrolytically) exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.