{
  "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/841869",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/841869",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/841869",
    "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": "841869",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 183,
    "current_lane_count": 136,
    "active_market_count": 136,
    "exports_latest_observed_lanes_usd": 291517706.5759026,
    "exports_current_2024_usd": 290607604.87371546,
    "exports_avg_3y_usd": 257338288.1825554,
    "exports_avg_5y_usd": 242893166.97312483,
    "exports_avg_10y_usd": 225884379.67465335,
    "exports_cagr_3y_pct": 8.526174706785095,
    "exports_cagr_5y_pct": 7.845283329936614,
    "exports_cagr_10y_pct": 3.777561369531446,
    "exports_all_year_lane_avg_usd": 134710434.04065314,
    "exports_historical_lane_peak_usd": 564444147.5639583,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 79.3103448275862,
    "trend_acceleration_pct": 4.74861333725365,
    "trend_label": "Growing",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 79072614.25141883,
    "top_market_share_pct": 27.124463614984794,
    "destination_hhi": 1318.1280275797826,
    "weighted_share_latest_pct": 8.528216722209397,
    "weighted_share_change_1y_pp": 1.0927690735645654,
    "weighted_volatility_cv": 1.0304966247432559,
    "weighted_max_drawdown_pct": 93.14221032794251,
    "limited_history_lane_share_pct": 16.39344262295082,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 841869,
      "hs_description": "Refrigerating or freezing equipment: heat pumps, other than compression type units whose condensers are heat exchangers",
      "hs_chapter": 84,
      "hs_heading": 8418,
      "substitution_elasticity": -13.017743,
      "price_range_label": "High price range",
      "trade_type_label": "Two-way vertical trade"
    },
    "hs_description": "Refrigerating or freezing equipment: heat pumps, other than compression type units whose condensers are heat exchangers",
    "hs_chapter": 84,
    "hs_heading": 8418,
    "destinations": [
      {
        "hs_code": 841869,
        "corridor_rank": 29,
        "exporter_iso3": "KOR",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 79072614.25141883,
        "exports_all_year_avg_usd": 21474657.015185986,
        "exports_avg_3y_usd": 67862362.45673858,
        "exports_avg_5y_usd": 52136072.72040434,
        "exports_avg_10y_usd": 38598563.08670706,
        "exports_cagr_3y_pct": 27.4710432286954,
        "exports_cagr_5y_pct": 23.473712287481963,
        "exports_cagr_10y_pct": 10.48258395956736,
        "exports_historical_peak_usd": 79072614.25141883,
        "buyer_imports_latest_observed_usd": 2691829635.609885,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 75.86206896551724,
        "trend_acceleration_pct": 16.98845926912804,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 21.7561,
        "buyer_yoy_all_avg_pct": 13.2256,
        "buyer_trend_consistency_pct": 86.2069,
        "market_share_latest_pct": 2.9375044098399417,
        "market_share_change_1y_pp": 0.10009684092180882,
        "peer_best_share_pct": 47.44510973431109,
        "peer_top_exporter": "MEX",
        "supplier_count_latest": 81,
        "buyer_market_hhi": 2894.96,
        "distance_km": 11065.7021484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.04295669226020202,
        "tariff_advantage_pp": 0.03830231714616161,
        "volatility_cv": 0.8798269917495815,
        "max_drawdown_pct": 97.50733701552544,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 841869,
        "corridor_rank": 39,
        "exporter_iso3": "KOR",
        "importer_iso3": "JPN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 62825202.46331004,
        "exports_all_year_avg_usd": 23193721.117737126,
        "exports_avg_3y_usd": 59273446.97875885,
        "exports_avg_5y_usd": 65526421.62557032,
        "exports_avg_10y_usd": 48490439.12846368,
        "exports_cagr_3y_pct": -7.465859443526634,
        "exports_cagr_5y_pct": 7.117983526147076,
        "exports_cagr_10y_pct": 7.456571436417758,
        "exports_historical_peak_usd": 79291732.9971219,
        "buyer_imports_latest_observed_usd": 261850789.8906462,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 68.96551724137932,
        "trend_acceleration_pct": -14.922430879944393,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -0.7932,
        "buyer_yoy_all_avg_pct": 8.5447,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 23.992748881737967,
        "market_share_change_1y_pp": -0.37890971978145416,
        "peer_best_share_pct": 29.59498195591319,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 45,
        "buyer_market_hhi": 1770.55,
        "distance_km": 1156.6695556640625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019192582961135757,
        "tariff_advantage_pp": 0.025107009371248486,
        "volatility_cv": 1.0453398786934582,
        "max_drawdown_pct": 94.85241362899471,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','buyer_macro_weakness']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 841869,
      "num_markets": 159,
      "highest_price_importer_iso3": "BOL",
      "highest_price_usd_per_ton": 1587150,
      "lowest_price_importer_iso3": "TZA",
      "lowest_price_usd_per_ton": 54.92227979274612,
      "median_price_across_markets": 15806.689437963003,
      "price_spread_pct": 10040.654521296998,
      "avg_quantity_metric_tons": 105.09035681470138,
      "total_trade_value_usd": 1085989927
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 153654704.013581,
        "active_destinations": 130,
        "yoy_growth_pct": 43.18482750579751
      },
      {
        "year": 2011,
        "export_value_usd": 188933441.7439306,
        "active_destinations": 116,
        "yoy_growth_pct": 22.959751188112946
      },
      {
        "year": 2012,
        "export_value_usd": 189711985.11144286,
        "active_destinations": 129,
        "yoy_growth_pct": 0.41207282327892397
      },
      {
        "year": 2013,
        "export_value_usd": 184596746.55094013,
        "active_destinations": 134,
        "yoy_growth_pct": -2.696318083171121
      },
      {
        "year": 2014,
        "export_value_usd": 200572950.6819464,
        "active_destinations": 135,
        "yoy_growth_pct": 8.65465097815122
      },
      {
        "year": 2015,
        "export_value_usd": 189842334.13247478,
        "active_destinations": 133,
        "yoy_growth_pct": -5.3499818958576455
      },
      {
        "year": 2016,
        "export_value_usd": 264289521.99319133,
        "active_destinations": 132,
        "yoy_growth_pct": 39.215272084026424
      },
      {
        "year": 2017,
        "export_value_usd": 190322935.74363366,
        "active_destinations": 136,
        "yoy_growth_pct": -27.986953736086146
      },
      {
        "year": 2018,
        "export_value_usd": 200717729.02663258,
        "active_destinations": 136,
        "yoy_growth_pct": 5.461660856787528
      },
      {
        "year": 2019,
        "export_value_usd": 199205440.98497722,
        "active_destinations": 134,
        "yoy_growth_pct": -0.7534401913518567
      },
      {
        "year": 2020,
        "export_value_usd": 215096504.71663696,
        "active_destinations": 127,
        "yoy_growth_pct": 7.977223741021282
      },
      {
        "year": 2021,
        "export_value_usd": 227354465.60132107,
        "active_destinations": 138,
        "yoy_growth_pct": 5.698819188546305
      },
      {
        "year": 2022,
        "export_value_usd": 238020037.59288278,
        "active_destinations": 131,
        "yoy_growth_pct": 4.691164505325528
      },
      {
        "year": 2023,
        "export_value_usd": 243387222.08106774,
        "active_destinations": 137,
        "yoy_growth_pct": 2.2549296867876163
      },
      {
        "year": 2024,
        "export_value_usd": 290607604.87371546,
        "active_destinations": 136,
        "yoy_growth_pct": 19.401340131537182
      }
    ],
    "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": "841869",
    "hs_description": "Refrigerating or freezing equipment: heat pumps, other than compression type units whose condensers are heat exchangers",
    "hs_chapter": 84,
    "hs_heading": 8418
  },
  "destinations": [
    {
      "hs_code": 841869,
      "corridor_rank": 29,
      "exporter_iso3": "KOR",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 79072614.25141883,
      "exports_all_year_avg_usd": 21474657.015185986,
      "exports_avg_3y_usd": 67862362.45673858,
      "exports_avg_5y_usd": 52136072.72040434,
      "exports_avg_10y_usd": 38598563.08670706,
      "exports_cagr_3y_pct": 27.4710432286954,
      "exports_cagr_5y_pct": 23.473712287481963,
      "exports_cagr_10y_pct": 10.48258395956736,
      "exports_historical_peak_usd": 79072614.25141883,
      "buyer_imports_latest_observed_usd": 2691829635.609885,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 75.86206896551724,
      "trend_acceleration_pct": 16.98845926912804,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 21.7561,
      "buyer_yoy_all_avg_pct": 13.2256,
      "buyer_trend_consistency_pct": 86.2069,
      "market_share_latest_pct": 2.9375044098399417,
      "market_share_change_1y_pp": 0.10009684092180882,
      "peer_best_share_pct": 47.44510973431109,
      "peer_top_exporter": "MEX",
      "supplier_count_latest": 81,
      "buyer_market_hhi": 2894.96,
      "distance_km": 11065.7021484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.04295669226020202,
      "tariff_advantage_pp": 0.03830231714616161,
      "volatility_cv": 0.8798269917495815,
      "max_drawdown_pct": 97.50733701552544,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 841869,
      "corridor_rank": 39,
      "exporter_iso3": "KOR",
      "importer_iso3": "JPN",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 62825202.46331004,
      "exports_all_year_avg_usd": 23193721.117737126,
      "exports_avg_3y_usd": 59273446.97875885,
      "exports_avg_5y_usd": 65526421.62557032,
      "exports_avg_10y_usd": 48490439.12846368,
      "exports_cagr_3y_pct": -7.465859443526634,
      "exports_cagr_5y_pct": 7.117983526147076,
      "exports_cagr_10y_pct": 7.456571436417758,
      "exports_historical_peak_usd": 79291732.9971219,
      "buyer_imports_latest_observed_usd": 261850789.8906462,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 68.96551724137932,
      "trend_acceleration_pct": -14.922430879944393,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": -0.7932,
      "buyer_yoy_all_avg_pct": 8.5447,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 23.992748881737967,
      "market_share_change_1y_pp": -0.37890971978145416,
      "peer_best_share_pct": 29.59498195591319,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 45,
      "buyer_market_hhi": 1770.55,
      "distance_km": 1156.6695556640625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.019192582961135757,
      "tariff_advantage_pp": 0.025107009371248486,
      "volatility_cv": 1.0453398786934582,
      "max_drawdown_pct": 94.85241362899471,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','buyer_macro_weakness']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 841869,
    "num_markets": 159,
    "highest_price_importer_iso3": "BOL",
    "highest_price_usd_per_ton": 1587150,
    "lowest_price_importer_iso3": "TZA",
    "lowest_price_usd_per_ton": 54.92227979274612,
    "median_price_across_markets": 15806.689437963003,
    "price_spread_pct": 10040.654521296998,
    "avg_quantity_metric_tons": 105.09035681470138,
    "total_trade_value_usd": 1085989927
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 153654704.013581,
      "active_destinations": 130,
      "yoy_growth_pct": 43.18482750579751
    },
    {
      "year": 2011,
      "export_value_usd": 188933441.7439306,
      "active_destinations": 116,
      "yoy_growth_pct": 22.959751188112946
    },
    {
      "year": 2012,
      "export_value_usd": 189711985.11144286,
      "active_destinations": 129,
      "yoy_growth_pct": 0.41207282327892397
    },
    {
      "year": 2013,
      "export_value_usd": 184596746.55094013,
      "active_destinations": 134,
      "yoy_growth_pct": -2.696318083171121
    },
    {
      "year": 2014,
      "export_value_usd": 200572950.6819464,
      "active_destinations": 135,
      "yoy_growth_pct": 8.65465097815122
    },
    {
      "year": 2015,
      "export_value_usd": 189842334.13247478,
      "active_destinations": 133,
      "yoy_growth_pct": -5.3499818958576455
    },
    {
      "year": 2016,
      "export_value_usd": 264289521.99319133,
      "active_destinations": 132,
      "yoy_growth_pct": 39.215272084026424
    },
    {
      "year": 2017,
      "export_value_usd": 190322935.74363366,
      "active_destinations": 136,
      "yoy_growth_pct": -27.986953736086146
    },
    {
      "year": 2018,
      "export_value_usd": 200717729.02663258,
      "active_destinations": 136,
      "yoy_growth_pct": 5.461660856787528
    },
    {
      "year": 2019,
      "export_value_usd": 199205440.98497722,
      "active_destinations": 134,
      "yoy_growth_pct": -0.7534401913518567
    },
    {
      "year": 2020,
      "export_value_usd": 215096504.71663696,
      "active_destinations": 127,
      "yoy_growth_pct": 7.977223741021282
    },
    {
      "year": 2021,
      "export_value_usd": 227354465.60132107,
      "active_destinations": 138,
      "yoy_growth_pct": 5.698819188546305
    },
    {
      "year": 2022,
      "export_value_usd": 238020037.59288278,
      "active_destinations": 131,
      "yoy_growth_pct": 4.691164505325528
    },
    {
      "year": 2023,
      "export_value_usd": 243387222.08106774,
      "active_destinations": 137,
      "yoy_growth_pct": 2.2549296867876163
    },
    {
      "year": 2024,
      "export_value_usd": 290607604.87371546,
      "active_destinations": 136,
      "yoy_growth_pct": 19.401340131537182
    }
  ],
  "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
  }
}