T3 · Product exporter position

Republic of Korea exports of Cranes: overhead travelling cranes on fixed support (HS 842611)

See where Republic of Korea stands in cranes: overhead travelling cranes on fixed support: export scale, destination breadth, market position, growth, and reported trade history.

Exporter KORHS6 842611Latest year 2024Rapid growth

Latest exports

$40.4MLatest observed lane total

Destination markets

23Reported active markets

Three-year growth

+50.8%Annualized change

Destination HHI

1,381Destination concentration

Weighted share

20.2%Reported market position

Exporter evidence

How strong is Republic of Korea in Cranes: overhead travelling cranes on fixed support?

Reported exporter totals and calculated indicators for HS 842611. Values retain their observed coverage period.

Exporter scale

Latest exports$40.4M
Current 2024 exports$21.1M
Three-year average$22.0M
Historical peak$280.7M

Market position

Active destinations23
Destination HHI1,381
Weighted share20.2%
Share change+8.6 pp

Competitiveness

Three-year growth+50.8%
Volatility1.4
Maximum drawdown63.4%
TrendRapid growth
MeasureValueWhat it describes
ExporterRepublic of KoreaCountry represented by this profile
Latest observed exports$40.4MSum of latest observed destination-lane values
Current 2024 exports$21.1MCommon-year comparison where reported
Three-year growth+50.8%Annualized change in exporter totals
Five-year growth+5.6%Annualized change in exporter totals
Leading destinationGBRDestination with the largest observed export value
Leading destination share29.6%Share of observed exporter totals
Destination concentration1,381HHI across destination markets
Weighted share change+8.6 ppValue-weighted latest change in market share
Limited-history lanes54.2%Share of lanes with shorter history

Destination markets

Where does Republic of Korea sell cranes: overhead travelling cranes on fixed support?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
United Kingdom$12.0M10.4%+3,441.2%FTA reportedGrowing
USA, Puerto Rico and US Virgin Islands$5.4M5.9%+119.8%FTA reportedAccelerating
Norway$4.7M31.4%+1,496.3%FTA reportedAccelerating

Destination

United Kingdom

Latest exports
$12.0M
Market share
10.4%
Growth
+3,441.2%
Access
FTA reported
Signal
Growing

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$5.4M
Market share
5.9%
Growth
+119.8%
Access
FTA reported
Signal
Accelerating

Destination

Norway

Latest exports
$4.7M
Market share
31.4%
Growth
+1,496.3%
Access
FTA reported
Signal
Accelerating

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: $762.3K / ton.

Lowest reported price

Laos: $400.0 / ton.

Median price

$6.8K / ton across reported markets.

Export trend

Reported export history

Annual observations for Republic of Korea and HS 842611 where available.

YearExportsYear-on-year changeActive destinations
2010$13.3M-57.4%35
2011$15.0M+12.7%32
2012$24.0M+60.4%34
2013$88.3M+268.4%36
2014$54.8M-38%39
2015$79.2M+44.6%42
2016$41.3M-47.8%42
2017$16.7M-59.6%32
2018$20.2M+21.3%34
2019$16.1M-20.5%30
2020$12.8M-20.5%31
2021$6.2M-51.8%29
2022$5.4M-11.8%22
2023$39.5M+626.3%24
2024$21.1M-46.5%23

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 842611.

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 cranes: overhead travelling cranes on fixed support 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.