T3 · Product exporter position

Republic of Korea exports of Iron or steel: tubes and pipes (other than line pipe or casing of a kind used for oil or gas pipelines), longitudinally welded, external diameter exceeds 406.4mm (HS 730531)

See where Republic of Korea stands in iron or steel: tubes and pipes (other than line pipe or casing of a kind used for oil or gas pipelines), longitudinally welded, external diameter exceeds 406.4mm: export scale, destination breadth, market position, growth, and reported trade history.

Exporter KORHS6 730531Latest year 2024Rapid growth

Latest exports

$233.5MLatest observed lane total

Destination markets

39Reported active markets

Three-year growth

+18.3%Annualized change

Destination HHI

738Destination concentration

Weighted share

52.6%Reported market position

Exporter evidence

How strong is Republic of Korea in Iron or steel: tubes and pipes (other than line pipe or casing of a kind used for oil or gas pipelines), longitudinally welded, external diameter exceeds 406.4mm?

Reported exporter totals and calculated indicators for HS 730531. Values retain their observed coverage period.

Exporter scale

Latest exports$233.5M
Current 2024 exports$215.4M
Three-year average$238.8M
Historical peak$838.4M

Market position

Active destinations39
Destination HHI738
Weighted share52.6%
Share change+2.9 pp

Competitiveness

Three-year growth+18.3%
Volatility1.2
Maximum drawdown91.2%
TrendRapid growth
MeasureValueWhat it describes
ExporterRepublic of KoreaCountry represented by this profile
Latest observed exports$233.5MSum of latest observed destination-lane values
Current 2024 exports$215.4MCommon-year comparison where reported
Three-year growth+18.3%Annualized change in exporter totals
Five-year growth+0.6%Annualized change in exporter totals
Leading destinationCHNDestination with the largest observed export value
Leading destination share11.6%Share of observed exporter totals
Destination concentration738HHI across destination markets
Weighted share change+2.9 ppValue-weighted latest change in market share
Limited-history lanes45.3%Share of lanes with shorter history

Destination markets

Where does Republic of Korea sell iron or steel: tubes and pipes (other than line pipe or casing of a kind used for oil or gas pipelines), longitudinally welded, external diameter exceeds 406.4mm?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
China$27.0M65.3%+59.6%FTA reportedAccelerating
United Arab Emirates$25.7M49.2%+48.3%0.1% tariffGrowing
Taiwan$24.1M94%+46.8%Not reportedGrowing
Oman$23.8M62.3%+165.2%0.1% tariffGrowing
Saudi Arabia$21.1M29.4%+113.3%0.1% tariffGrowing
Viet Nam$20.4M66.1%+15.9%FTA reportedAccelerating
USA, Puerto Rico and US Virgin Islands$16.5M4%+163.2%FTA reportedGrowing
Italy$9.3M34.6%+1,118.8%FTA reportedAccelerating
Canada$4.3M5.9%+17.9%FTA reportedGrowing
Netherlands$3.5M6.2%+176.6%FTA reportedGrowing
Indonesia$2.8M4.7%-60.8%FTA reportedGrowing
Malaysia$1.9M17.2%-14.7%FTA reportedAccelerating
China, Hong Kong Special Administrative Region$1.8M8%+145.9%0% tariffStable

Destination

China

Latest exports
$27.0M
Market share
65.3%
Growth
+59.6%
Access
FTA reported
Signal
Accelerating

Destination

United Arab Emirates

Latest exports
$25.7M
Market share
49.2%
Growth
+48.3%
Access
0.1% tariff
Signal
Growing

Destination

Taiwan

Latest exports
$24.1M
Market share
94%
Growth
+46.8%
Access
Not reported
Signal
Growing

Destination

Oman

Latest exports
$23.8M
Market share
62.3%
Growth
+165.2%
Access
0.1% tariff
Signal
Growing

Destination

Saudi Arabia

Latest exports
$21.1M
Market share
29.4%
Growth
+113.3%
Access
0.1% tariff
Signal
Growing

Destination

Viet Nam

Latest exports
$20.4M
Market share
66.1%
Growth
+15.9%
Access
FTA reported
Signal
Accelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$16.5M
Market share
4%
Growth
+163.2%
Access
FTA reported
Signal
Growing

Destination

Italy

Latest exports
$9.3M
Market share
34.6%
Growth
+1,118.8%
Access
FTA reported
Signal
Accelerating

Destination

Canada

Latest exports
$4.3M
Market share
5.9%
Growth
+17.9%
Access
FTA reported
Signal
Growing

Destination

Netherlands

Latest exports
$3.5M
Market share
6.2%
Growth
+176.6%
Access
FTA reported
Signal
Growing

Destination

Indonesia

Latest exports
$2.8M
Market share
4.7%
Growth
-60.8%
Access
FTA reported
Signal
Growing

Destination

Malaysia

Latest exports
$1.9M
Market share
17.2%
Growth
-14.7%
Access
FTA reported
Signal
Accelerating

Destination

China, Hong Kong Special Administrative Region

Latest exports
$1.8M
Market share
8%
Growth
+145.9%
Access
0% tariff
Signal
Stable

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

Kazakhstan: $90.3K / ton.

Lowest reported price

Germany: $534.5 / ton.

Median price

$1.7K / ton across reported markets.

Export trend

Reported export history

Annual observations for Republic of Korea and HS 730531 where available.

YearExportsYear-on-year changeActive destinations
2010$191.1M+25.3%49
2011$257.3M+34.7%46
2012$194.3M-24.5%52
2013$175.0M-10%51
2014$182.5M+4.3%58
2015$172.2M-5.7%55
2016$145.1M-15.7%56
2017$193.3M+33.2%55
2018$192.2M-0.6%47
2019$209.4M+8.9%44
2020$223.0M+6.5%49
2021$129.9M-41.7%38
2022$215.8M+66.1%42
2023$285.1M+32.1%44
2024$215.4M-24.5%39

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 730531.

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 iron or steel: tubes and pipes (other than line pipe or casing of a kind used for oil or gas pipelines), longitudinally welded, external diameter exceeds 406.4mm 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.