T3 · Product exporter position

Republic of Korea exports of Engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 250cc but not exceeding 1000cc (HS 840733)

See where Republic of Korea stands in engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 250cc but not exceeding 1000cc: export scale, destination breadth, market position, growth, and reported trade history.

Exporter KORHS6 840733Latest year 2024Rapid growth

Latest exports

$581.4MLatest observed lane total

Destination markets

67Reported active markets

Three-year growth

+12.7%Annualized change

Destination HHI

2,880Destination concentration

Weighted share

73.1%Reported market position

Exporter evidence

How strong is Republic of Korea in Engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 250cc but not exceeding 1000cc?

Reported exporter totals and calculated indicators for HS 840733. Values retain their observed coverage period.

Exporter scale

Latest exports$581.4M
Current 2024 exports$580.7M
Three-year average$465.5M
Historical peak$840.6M

Market position

Active destinations67
Destination HHI2,880
Weighted share73.1%
Share change+7.4 pp

Competitiveness

Three-year growth+12.7%
Volatility1
Maximum drawdown75%
TrendRapid growth
MeasureValueWhat it describes
ExporterRepublic of KoreaCountry represented by this profile
Latest observed exports$581.4MSum of latest observed destination-lane values
Current 2024 exports$580.7MCommon-year comparison where reported
Three-year growth+12.7%Annualized change in exporter totals
Five-year growth+14.6%Annualized change in exporter totals
Leading destinationTURDestination with the largest observed export value
Leading destination share45.3%Share of observed exporter totals
Destination concentration2,880HHI across destination markets
Weighted share change+7.4 ppValue-weighted latest change in market share
Limited-history lanes34.5%Share of lanes with shorter history

Destination markets

Where does Republic of Korea sell engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 250cc but not exceeding 1000cc?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
Turkey$263.3M43.8%+16.7%FTA reportedAccelerating
Uzbekistan$111.6M99.4%+20.7%0.1% tariffAccelerating
Brazil$94.6M95.1%+46.7%0.3% tariffAccelerating
Slovakia$73.7M99.5%-12.6%FTA reportedGrowing
Czechia$34.4M98.1%+3.1%FTA reportedGrowing

Destination

Turkey

Latest exports
$263.3M
Market share
43.8%
Growth
+16.7%
Access
FTA reported
Signal
Accelerating

Destination

Uzbekistan

Latest exports
$111.6M
Market share
99.4%
Growth
+20.7%
Access
0.1% tariff
Signal
Accelerating

Destination

Brazil

Latest exports
$94.6M
Market share
95.1%
Growth
+46.7%
Access
0.3% tariff
Signal
Accelerating

Destination

Slovakia

Latest exports
$73.7M
Market share
99.5%
Growth
-12.6%
Access
FTA reported
Signal
Growing

Destination

Czechia

Latest exports
$34.4M
Market share
98.1%
Growth
+3.1%
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

Dominican Republic: $4.4M / ton.

Lowest reported price

Former Arab Republic of Yemen: $65.1 / ton.

Median price

$2.6K / ton across reported markets.

Export trend

Reported export history

Annual observations for Republic of Korea and HS 840733 where available.

YearExportsYear-on-year changeActive destinations
2010$94.6M-13.2%42
2011$83.6M-11.6%55
2012$84.5M+1.1%54
2013$83.4M-1.3%64
2014$73.8M-11.5%58
2015$72.2M-2.3%63
2016$66.5M-7.9%68
2017$111.0M+67%63
2018$239.8M+116%64
2019$294.3M+22.7%64
2020$232.0M-21.2%63
2021$405.7M+74.9%72
2022$349.7M-13.8%61
2023$466.1M+33.3%71
2024$580.7M+24.6%67

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 840733.

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 engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 250cc but not exceeding 1000cc 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.