{
  "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/841861",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/841861",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/841861",
    "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": "841861",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 147,
    "current_lane_count": 61,
    "active_market_count": 61,
    "exports_latest_observed_lanes_usd": 84154340.9196515,
    "exports_current_2024_usd": 76161093.18116191,
    "exports_avg_3y_usd": 102332520.38467544,
    "exports_avg_5y_usd": 71583641.13776639,
    "exports_avg_10y_usd": 40017130.43017279,
    "exports_cagr_3y_pct": 23.758867802535487,
    "exports_cagr_5y_pct": 54.78416221351674,
    "exports_cagr_10y_pct": 26.761316785839952,
    "exports_all_year_lane_avg_usd": 41833103.25627211,
    "exports_historical_lane_peak_usd": 265315306.28574032,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 55.172413793103445,
    "trend_acceleration_pct": -3.0024489833044647,
    "trend_label": "Rapid growth",
    "top_market_iso3": "NLD",
    "top_market_exports_usd": 38373733.140600845,
    "top_market_share_pct": 45.59923198405077,
    "destination_hhi": 2398.6973672085755,
    "weighted_share_latest_pct": 11.73899934219777,
    "weighted_share_change_1y_pp": 3.081646521232749,
    "weighted_volatility_cv": 2.1727809139348384,
    "weighted_max_drawdown_pct": 97.39206030837606,
    "limited_history_lane_share_pct": 36.734693877551024,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 841861,
      "hs_description": "Heat pumps: other than air conditioning machines of heading no. 8415",
      "hs_chapter": 84,
      "hs_heading": 8418,
      "substitution_elasticity": -9.5246401,
      "price_range_label": "Medium price range",
      "trade_type_label": "Two-way horizontal trade"
    },
    "hs_description": "Heat pumps: other than air conditioning machines of heading no. 8415",
    "hs_chapter": 84,
    "hs_heading": 8418,
    "destinations": [
      {
        "hs_code": 841861,
        "corridor_rank": 27,
        "exporter_iso3": "KOR",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 23,
        "exports_latest_observed_usd": 38373733.140600845,
        "exports_all_year_avg_usd": 9036183.161553606,
        "exports_avg_3y_usd": 62009015.22778205,
        "exports_avg_5y_usd": 40665329.866916716,
        "exports_avg_10y_usd": 22993673.12594052,
        "exports_cagr_3y_pct": 32.887608581241224,
        "exports_cagr_5y_pct": 64.1166729209522,
        "exports_cagr_10y_pct": 138.01043213557483,
        "exports_historical_peak_usd": 92823722.8660439,
        "buyer_imports_latest_observed_usd": 246414890.76574415,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 45.45454545454545,
        "trend_acceleration_pct": -105.1228235543336,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -41.1559,
        "buyer_yoy_all_avg_pct": 9.1347,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 15.57281421644323,
        "market_share_change_1y_pp": 2.4794633846434753,
        "peer_best_share_pct": 16.727685988078235,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 47,
        "buyer_market_hhi": 1149.67,
        "distance_km": 8573.1826171875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.017017810458070715,
        "tariff_advantage_pp": 0.044109323943012604,
        "volatility_cv": 2.4741427787583468,
        "max_drawdown_pct": 99.62455417298516,
        "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"
      },
      {
        "hs_code": 841861,
        "corridor_rank": 98,
        "exporter_iso3": "KOR",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 9700298.99951575,
        "exports_all_year_avg_usd": 2419898.8431602595,
        "exports_avg_3y_usd": 15629644.877503788,
        "exports_avg_5y_usd": 11912469.351236593,
        "exports_avg_10y_usd": 7624624.8785789125,
        "exports_cagr_3y_pct": -5.6220434312201135,
        "exports_cagr_5y_pct": 63.057034006123345,
        "exports_cagr_10y_pct": 58.314109080665254,
        "exports_historical_peak_usd": 18624531.31772526,
        "buyer_imports_latest_observed_usd": 862897600.9203613,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": -63.93615251188537,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -32.1823,
        "buyer_yoy_all_avg_pct": 9.1461,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 1.124154127809542,
        "market_share_change_1y_pp": -0.3396038299334716,
        "peer_best_share_pct": 18.58724912325049,
        "peer_top_exporter": "POL",
        "supplier_count_latest": 58,
        "buyer_market_hhi": 970.92,
        "distance_km": 8543.7841796875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.01670515686981482,
        "tariff_advantage_pp": 0.04360750341153547,
        "volatility_cv": 2.2476274319046188,
        "max_drawdown_pct": 94.88141223501157,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 841861,
      "num_markets": 86,
      "highest_price_importer_iso3": "IND",
      "highest_price_usd_per_ton": 219000,
      "lowest_price_importer_iso3": "TZA",
      "lowest_price_usd_per_ton": 183.8,
      "median_price_across_markets": 17810.313075506445,
      "price_spread_pct": 1228.5926646675628,
      "avg_quantity_metric_tons": 95.79273061224488,
      "total_trade_value_usd": 397342540
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 8207953.594956827,
        "active_destinations": 47,
        "yoy_growth_pct": -46.60257900098737
      },
      {
        "year": 2011,
        "export_value_usd": 8372820.582626059,
        "active_destinations": 46,
        "yoy_growth_pct": 2.0086247535625663
      },
      {
        "year": 2012,
        "export_value_usd": 4613399.9785463335,
        "active_destinations": 51,
        "yoy_growth_pct": -44.90028858232882
      },
      {
        "year": 2013,
        "export_value_usd": 4628132.664587798,
        "active_destinations": 51,
        "yoy_growth_pct": 0.31934551762204494
      },
      {
        "year": 2014,
        "export_value_usd": 7109936.950711789,
        "active_destinations": 51,
        "yoy_growth_pct": 53.624311703800984
      },
      {
        "year": 2015,
        "export_value_usd": 7268424.625492877,
        "active_destinations": 44,
        "yoy_growth_pct": 2.229100987530167
      },
      {
        "year": 2016,
        "export_value_usd": 10902874.40056316,
        "active_destinations": 41,
        "yoy_growth_pct": 50.00326703977931
      },
      {
        "year": 2017,
        "export_value_usd": 10819163.70231215,
        "active_destinations": 52,
        "yoy_growth_pct": -0.7677855873189459
      },
      {
        "year": 2018,
        "export_value_usd": 4690272.653272594,
        "active_destinations": 43,
        "yoy_growth_pct": -56.64847318771744
      },
      {
        "year": 2019,
        "export_value_usd": 8572363.231255244,
        "active_destinations": 52,
        "yoy_growth_pct": 82.7689745344326
      },
      {
        "year": 2020,
        "export_value_usd": 10741176.151807148,
        "active_destinations": 55,
        "yoy_growth_pct": 25.30005859579431
      },
      {
        "year": 2021,
        "export_value_usd": 40179468.38299846,
        "active_destinations": 55,
        "yoy_growth_pct": 274.06954150210515
      },
      {
        "year": 2022,
        "export_value_usd": 133607867.53759146,
        "active_destinations": 57,
        "yoy_growth_pct": 232.52771356757495
      },
      {
        "year": 2023,
        "export_value_usd": 97228600.435273,
        "active_destinations": 48,
        "yoy_growth_pct": -27.228386900257128
      },
      {
        "year": 2024,
        "export_value_usd": 76161093.18116191,
        "active_destinations": 61,
        "yoy_growth_pct": -21.66801451403813
      }
    ],
    "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": "841861",
    "hs_description": "Heat pumps: other than air conditioning machines of heading no. 8415",
    "hs_chapter": 84,
    "hs_heading": 8418
  },
  "destinations": [
    {
      "hs_code": 841861,
      "corridor_rank": 27,
      "exporter_iso3": "KOR",
      "importer_iso3": "NLD",
      "latest_data_year": 2024,
      "lane_data_years": 23,
      "exports_latest_observed_usd": 38373733.140600845,
      "exports_all_year_avg_usd": 9036183.161553606,
      "exports_avg_3y_usd": 62009015.22778205,
      "exports_avg_5y_usd": 40665329.866916716,
      "exports_avg_10y_usd": 22993673.12594052,
      "exports_cagr_3y_pct": 32.887608581241224,
      "exports_cagr_5y_pct": 64.1166729209522,
      "exports_cagr_10y_pct": 138.01043213557483,
      "exports_historical_peak_usd": 92823722.8660439,
      "buyer_imports_latest_observed_usd": 246414890.76574415,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 45.45454545454545,
      "trend_acceleration_pct": -105.1228235543336,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -41.1559,
      "buyer_yoy_all_avg_pct": 9.1347,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 15.57281421644323,
      "market_share_change_1y_pp": 2.4794633846434753,
      "peer_best_share_pct": 16.727685988078235,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 47,
      "buyer_market_hhi": 1149.67,
      "distance_km": 8573.1826171875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.017017810458070715,
      "tariff_advantage_pp": 0.044109323943012604,
      "volatility_cv": 2.4741427787583468,
      "max_drawdown_pct": 99.62455417298516,
      "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"
    },
    {
      "hs_code": 841861,
      "corridor_rank": 98,
      "exporter_iso3": "KOR",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 9700298.99951575,
      "exports_all_year_avg_usd": 2419898.8431602595,
      "exports_avg_3y_usd": 15629644.877503788,
      "exports_avg_5y_usd": 11912469.351236593,
      "exports_avg_10y_usd": 7624624.8785789125,
      "exports_cagr_3y_pct": -5.6220434312201135,
      "exports_cagr_5y_pct": 63.057034006123345,
      "exports_cagr_10y_pct": 58.314109080665254,
      "exports_historical_peak_usd": 18624531.31772526,
      "buyer_imports_latest_observed_usd": 862897600.9203613,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 60,
      "trend_acceleration_pct": -63.93615251188537,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": -32.1823,
      "buyer_yoy_all_avg_pct": 9.1461,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 1.124154127809542,
      "market_share_change_1y_pp": -0.3396038299334716,
      "peer_best_share_pct": 18.58724912325049,
      "peer_top_exporter": "POL",
      "supplier_count_latest": 58,
      "buyer_market_hhi": 970.92,
      "distance_km": 8543.7841796875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.01670515686981482,
      "tariff_advantage_pp": 0.04360750341153547,
      "volatility_cv": 2.2476274319046188,
      "max_drawdown_pct": 94.88141223501157,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 841861,
    "num_markets": 86,
    "highest_price_importer_iso3": "IND",
    "highest_price_usd_per_ton": 219000,
    "lowest_price_importer_iso3": "TZA",
    "lowest_price_usd_per_ton": 183.8,
    "median_price_across_markets": 17810.313075506445,
    "price_spread_pct": 1228.5926646675628,
    "avg_quantity_metric_tons": 95.79273061224488,
    "total_trade_value_usd": 397342540
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 8207953.594956827,
      "active_destinations": 47,
      "yoy_growth_pct": -46.60257900098737
    },
    {
      "year": 2011,
      "export_value_usd": 8372820.582626059,
      "active_destinations": 46,
      "yoy_growth_pct": 2.0086247535625663
    },
    {
      "year": 2012,
      "export_value_usd": 4613399.9785463335,
      "active_destinations": 51,
      "yoy_growth_pct": -44.90028858232882
    },
    {
      "year": 2013,
      "export_value_usd": 4628132.664587798,
      "active_destinations": 51,
      "yoy_growth_pct": 0.31934551762204494
    },
    {
      "year": 2014,
      "export_value_usd": 7109936.950711789,
      "active_destinations": 51,
      "yoy_growth_pct": 53.624311703800984
    },
    {
      "year": 2015,
      "export_value_usd": 7268424.625492877,
      "active_destinations": 44,
      "yoy_growth_pct": 2.229100987530167
    },
    {
      "year": 2016,
      "export_value_usd": 10902874.40056316,
      "active_destinations": 41,
      "yoy_growth_pct": 50.00326703977931
    },
    {
      "year": 2017,
      "export_value_usd": 10819163.70231215,
      "active_destinations": 52,
      "yoy_growth_pct": -0.7677855873189459
    },
    {
      "year": 2018,
      "export_value_usd": 4690272.653272594,
      "active_destinations": 43,
      "yoy_growth_pct": -56.64847318771744
    },
    {
      "year": 2019,
      "export_value_usd": 8572363.231255244,
      "active_destinations": 52,
      "yoy_growth_pct": 82.7689745344326
    },
    {
      "year": 2020,
      "export_value_usd": 10741176.151807148,
      "active_destinations": 55,
      "yoy_growth_pct": 25.30005859579431
    },
    {
      "year": 2021,
      "export_value_usd": 40179468.38299846,
      "active_destinations": 55,
      "yoy_growth_pct": 274.06954150210515
    },
    {
      "year": 2022,
      "export_value_usd": 133607867.53759146,
      "active_destinations": 57,
      "yoy_growth_pct": 232.52771356757495
    },
    {
      "year": 2023,
      "export_value_usd": 97228600.435273,
      "active_destinations": 48,
      "yoy_growth_pct": -27.228386900257128
    },
    {
      "year": 2024,
      "export_value_usd": 76161093.18116191,
      "active_destinations": 61,
      "yoy_growth_pct": -21.66801451403813
    }
  ],
  "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
  }
}