{
  "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/722840",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/722840",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/722840",
    "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": "722840",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 78,
    "current_lane_count": 22,
    "active_market_count": 22,
    "exports_latest_observed_lanes_usd": 12282950.603191944,
    "exports_current_2024_usd": 11588542.03989014,
    "exports_avg_3y_usd": 16807212.990153573,
    "exports_avg_5y_usd": 14587399.962934803,
    "exports_avg_10y_usd": 15450796.73841387,
    "exports_cagr_3y_pct": -2.5169004296125785,
    "exports_cagr_5y_pct": -9.882356300307936,
    "exports_cagr_10y_pct": -8.556208926293685,
    "exports_all_year_lane_avg_usd": 16805405.80492742,
    "exports_historical_lane_peak_usd": 73190775.8685623,
    "historical_peak_year": 2008,
    "positive_growth_year_share_pct": 68.96551724137932,
    "trend_acceleration_pct": 6.039308496681107,
    "trend_label": "Stable",
    "top_market_iso3": "IND",
    "top_market_exports_usd": 3903756.191005015,
    "top_market_share_pct": 31.78190906336914,
    "destination_hhi": 1822.3697947010714,
    "weighted_share_latest_pct": 6.001836033197049,
    "weighted_share_change_1y_pp": -1.5480331522530246,
    "weighted_volatility_cv": 0.9713651378482813,
    "weighted_max_drawdown_pct": 88.4909601324185,
    "limited_history_lane_share_pct": 47.43589743589744,
    "data_freshness_years": 0,
    "coverage_score": 91,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 722840,
      "hs_description": "Steel, alloy: bars and rods, forged",
      "hs_chapter": 72,
      "hs_heading": 7228,
      "substitution_elasticity": -9.481492,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Steel, alloy: bars and rods, forged",
    "hs_chapter": 72,
    "hs_heading": 7228,
    "destinations": [
      {
        "hs_code": 722840,
        "corridor_rank": 66,
        "exporter_iso3": "KOR",
        "importer_iso3": "IND",
        "latest_data_year": 2024,
        "lane_data_years": 23,
        "exports_latest_observed_usd": 3903756.191005015,
        "exports_all_year_avg_usd": 2042515.8137227523,
        "exports_avg_3y_usd": 4702462.896322808,
        "exports_avg_5y_usd": 3831687.563841681,
        "exports_avg_10y_usd": 3670382.325907911,
        "exports_cagr_3y_pct": 11.037942602397788,
        "exports_cagr_5y_pct": -6.299063178199682,
        "exports_cagr_10y_pct": 3.001029555605572,
        "exports_historical_peak_usd": 6167412.2441190705,
        "buyer_imports_latest_observed_usd": 96426751.74405773,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 72.72727272727273,
        "trend_acceleration_pct": 8.036913046792215,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -5.6492,
        "buyer_yoy_all_avg_pct": 18.6326,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 4.048416150495894,
        "market_share_change_1y_pp": -1.9862173332642241,
        "peer_best_share_pct": 39.78467065777288,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 24,
        "buyer_market_hhi": 2727.75,
        "distance_km": 4692.671875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.5178343248545455,
        "tariff_advantage_pp": 0.4423262793264647,
        "volatility_cv": 0.8842129216592907,
        "max_drawdown_pct": 83.2874905495434,
        "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"
      },
      {
        "hs_code": 722840,
        "corridor_rank": 76,
        "exporter_iso3": "KOR",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 27,
        "exports_latest_observed_usd": 2858513.246150232,
        "exports_all_year_avg_usd": 2209008.7021907824,
        "exports_avg_3y_usd": 5374431.793427368,
        "exports_avg_5y_usd": 4151062.9549779342,
        "exports_avg_10y_usd": 3325761.181019042,
        "exports_cagr_3y_pct": -8.345000825531844,
        "exports_cagr_5y_pct": 0.9290461473492773,
        "exports_cagr_10y_pct": -10.392033665642286,
        "exports_historical_peak_usd": 8563947.543203719,
        "buyer_imports_latest_observed_usd": 58589131.00387856,
        "historical_peak_year": 2014,
        "positive_growth_year_share_pct": 61.53846153846154,
        "trend_acceleration_pct": 2.0470328401104414,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -23.8235,
        "buyer_yoy_all_avg_pct": 14.658,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 4.878913882441779,
        "market_share_change_1y_pp": -3.8646139020453454,
        "peer_best_share_pct": 35.95430734423393,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 26,
        "buyer_market_hhi": 2183.34,
        "distance_km": 11065.7021484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.04295669226020202,
        "tariff_advantage_pp": 0.03830231714616161,
        "volatility_cv": 1.0654373400368098,
        "max_drawdown_pct": 98.32147874109654,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 722840,
      "num_markets": 40,
      "highest_price_importer_iso3": "GBR",
      "highest_price_usd_per_ton": 180100,
      "lowest_price_importer_iso3": "DZA",
      "lowest_price_usd_per_ton": 302.56410256410254,
      "median_price_across_markets": 2442.653619225788,
      "price_spread_pct": 7360.742206028526,
      "avg_quantity_metric_tons": 403.42122641509434,
      "total_trade_value_usd": 87034394
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 14954105.061104838,
        "active_destinations": 25,
        "yoy_growth_pct": 21.548707344602892
      },
      {
        "year": 2011,
        "export_value_usd": 22283851.243099276,
        "active_destinations": 30,
        "yoy_growth_pct": 49.01494373647862
      },
      {
        "year": 2012,
        "export_value_usd": 26560060.89081974,
        "active_destinations": 29,
        "yoy_growth_pct": 19.18972443798149
      },
      {
        "year": 2013,
        "export_value_usd": 23362032.935985785,
        "active_destinations": 32,
        "yoy_growth_pct": -12.040740297923511
      },
      {
        "year": 2014,
        "export_value_usd": 28345659.9855821,
        "active_destinations": 29,
        "yoy_growth_pct": 21.332163443360987
      },
      {
        "year": 2015,
        "export_value_usd": 24602715.178102806,
        "active_destinations": 30,
        "yoy_growth_pct": -13.20464864597658
      },
      {
        "year": 2016,
        "export_value_usd": 10015748.731420556,
        "active_destinations": 26,
        "yoy_growth_pct": -59.29006754370392
      },
      {
        "year": 2017,
        "export_value_usd": 10162540.846480627,
        "active_destinations": 33,
        "yoy_growth_pct": 1.465612996056568
      },
      {
        "year": 2018,
        "export_value_usd": 17292429.908478253,
        "active_destinations": 33,
        "yoy_growth_pct": 70.1585279676073
      },
      {
        "year": 2019,
        "export_value_usd": 19497532.904982433,
        "active_destinations": 23,
        "yoy_growth_pct": 12.751840014242575
      },
      {
        "year": 2020,
        "export_value_usd": 10005836.058238273,
        "active_destinations": 24,
        "yoy_growth_pct": -48.68152751940546
      },
      {
        "year": 2021,
        "export_value_usd": 12509524.785975026,
        "active_destinations": 22,
        "yoy_growth_pct": 25.022284126625767
      },
      {
        "year": 2022,
        "export_value_usd": 18692319.51104649,
        "active_destinations": 24,
        "yoy_growth_pct": 49.424697027686186
      },
      {
        "year": 2023,
        "export_value_usd": 20140777.41952409,
        "active_destinations": 20,
        "yoy_growth_pct": 7.748946874258222
      },
      {
        "year": 2024,
        "export_value_usd": 11588542.03989014,
        "active_destinations": 22,
        "yoy_growth_pct": -42.4622903152863
      }
    ],
    "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": "722840",
    "hs_description": "Steel, alloy: bars and rods, forged",
    "hs_chapter": 72,
    "hs_heading": 7228
  },
  "destinations": [
    {
      "hs_code": 722840,
      "corridor_rank": 66,
      "exporter_iso3": "KOR",
      "importer_iso3": "IND",
      "latest_data_year": 2024,
      "lane_data_years": 23,
      "exports_latest_observed_usd": 3903756.191005015,
      "exports_all_year_avg_usd": 2042515.8137227523,
      "exports_avg_3y_usd": 4702462.896322808,
      "exports_avg_5y_usd": 3831687.563841681,
      "exports_avg_10y_usd": 3670382.325907911,
      "exports_cagr_3y_pct": 11.037942602397788,
      "exports_cagr_5y_pct": -6.299063178199682,
      "exports_cagr_10y_pct": 3.001029555605572,
      "exports_historical_peak_usd": 6167412.2441190705,
      "buyer_imports_latest_observed_usd": 96426751.74405773,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 72.72727272727273,
      "trend_acceleration_pct": 8.036913046792215,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -5.6492,
      "buyer_yoy_all_avg_pct": 18.6326,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 4.048416150495894,
      "market_share_change_1y_pp": -1.9862173332642241,
      "peer_best_share_pct": 39.78467065777288,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 24,
      "buyer_market_hhi": 2727.75,
      "distance_km": 4692.671875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.5178343248545455,
      "tariff_advantage_pp": 0.4423262793264647,
      "volatility_cv": 0.8842129216592907,
      "max_drawdown_pct": 83.2874905495434,
      "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"
    },
    {
      "hs_code": 722840,
      "corridor_rank": 76,
      "exporter_iso3": "KOR",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 27,
      "exports_latest_observed_usd": 2858513.246150232,
      "exports_all_year_avg_usd": 2209008.7021907824,
      "exports_avg_3y_usd": 5374431.793427368,
      "exports_avg_5y_usd": 4151062.9549779342,
      "exports_avg_10y_usd": 3325761.181019042,
      "exports_cagr_3y_pct": -8.345000825531844,
      "exports_cagr_5y_pct": 0.9290461473492773,
      "exports_cagr_10y_pct": -10.392033665642286,
      "exports_historical_peak_usd": 8563947.543203719,
      "buyer_imports_latest_observed_usd": 58589131.00387856,
      "historical_peak_year": 2014,
      "positive_growth_year_share_pct": 61.53846153846154,
      "trend_acceleration_pct": 2.0470328401104414,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": -23.8235,
      "buyer_yoy_all_avg_pct": 14.658,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 4.878913882441779,
      "market_share_change_1y_pp": -3.8646139020453454,
      "peer_best_share_pct": 35.95430734423393,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 26,
      "buyer_market_hhi": 2183.34,
      "distance_km": 11065.7021484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.04295669226020202,
      "tariff_advantage_pp": 0.03830231714616161,
      "volatility_cv": 1.0654373400368098,
      "max_drawdown_pct": 98.32147874109654,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 722840,
    "num_markets": 40,
    "highest_price_importer_iso3": "GBR",
    "highest_price_usd_per_ton": 180100,
    "lowest_price_importer_iso3": "DZA",
    "lowest_price_usd_per_ton": 302.56410256410254,
    "median_price_across_markets": 2442.653619225788,
    "price_spread_pct": 7360.742206028526,
    "avg_quantity_metric_tons": 403.42122641509434,
    "total_trade_value_usd": 87034394
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 14954105.061104838,
      "active_destinations": 25,
      "yoy_growth_pct": 21.548707344602892
    },
    {
      "year": 2011,
      "export_value_usd": 22283851.243099276,
      "active_destinations": 30,
      "yoy_growth_pct": 49.01494373647862
    },
    {
      "year": 2012,
      "export_value_usd": 26560060.89081974,
      "active_destinations": 29,
      "yoy_growth_pct": 19.18972443798149
    },
    {
      "year": 2013,
      "export_value_usd": 23362032.935985785,
      "active_destinations": 32,
      "yoy_growth_pct": -12.040740297923511
    },
    {
      "year": 2014,
      "export_value_usd": 28345659.9855821,
      "active_destinations": 29,
      "yoy_growth_pct": 21.332163443360987
    },
    {
      "year": 2015,
      "export_value_usd": 24602715.178102806,
      "active_destinations": 30,
      "yoy_growth_pct": -13.20464864597658
    },
    {
      "year": 2016,
      "export_value_usd": 10015748.731420556,
      "active_destinations": 26,
      "yoy_growth_pct": -59.29006754370392
    },
    {
      "year": 2017,
      "export_value_usd": 10162540.846480627,
      "active_destinations": 33,
      "yoy_growth_pct": 1.465612996056568
    },
    {
      "year": 2018,
      "export_value_usd": 17292429.908478253,
      "active_destinations": 33,
      "yoy_growth_pct": 70.1585279676073
    },
    {
      "year": 2019,
      "export_value_usd": 19497532.904982433,
      "active_destinations": 23,
      "yoy_growth_pct": 12.751840014242575
    },
    {
      "year": 2020,
      "export_value_usd": 10005836.058238273,
      "active_destinations": 24,
      "yoy_growth_pct": -48.68152751940546
    },
    {
      "year": 2021,
      "export_value_usd": 12509524.785975026,
      "active_destinations": 22,
      "yoy_growth_pct": 25.022284126625767
    },
    {
      "year": 2022,
      "export_value_usd": 18692319.51104649,
      "active_destinations": 24,
      "yoy_growth_pct": 49.424697027686186
    },
    {
      "year": 2023,
      "export_value_usd": 20140777.41952409,
      "active_destinations": 20,
      "yoy_growth_pct": 7.748946874258222
    },
    {
      "year": 2024,
      "export_value_usd": 11588542.03989014,
      "active_destinations": 22,
      "yoy_growth_pct": -42.4622903152863
    }
  ],
  "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
  }
}