{
  "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/843110",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/843110",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/843110",
    "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": "843110",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 165,
    "current_lane_count": 95,
    "active_market_count": 95,
    "exports_latest_observed_lanes_usd": 36342654.44249822,
    "exports_current_2024_usd": 35970500.230275206,
    "exports_avg_3y_usd": 27438045.28151652,
    "exports_avg_5y_usd": 23529019.749992657,
    "exports_avg_10y_usd": 22561745.520692,
    "exports_cagr_3y_pct": 30.6848227571453,
    "exports_cagr_5y_pct": 8.947066668991965,
    "exports_cagr_10y_pct": 2.271873793528223,
    "exports_all_year_lane_avg_usd": 18351110.415923916,
    "exports_historical_lane_peak_usd": 108092727.23860049,
    "historical_peak_year": 2012,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": 28.41294896361708,
    "trend_label": "Rapid growth",
    "top_market_iso3": "CHN",
    "top_market_exports_usd": 16394017.799996074,
    "top_market_share_pct": 45.1095773038122,
    "destination_hhi": 2687.0112207767934,
    "weighted_share_latest_pct": 13.402995510180718,
    "weighted_share_change_1y_pp": 1.4000658519715583,
    "weighted_volatility_cv": 1.2814626905674449,
    "weighted_max_drawdown_pct": 85.7355906555798,
    "limited_history_lane_share_pct": 22.424242424242426,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 843110,
      "hs_description": "Machinery: parts of the machinery of heading no. 8425",
      "hs_chapter": 84,
      "hs_heading": 8431,
      "substitution_elasticity": -5.3896809,
      "price_range_label": "High price range",
      "trade_type_label": "Two-way vertical trade"
    },
    "hs_description": "Machinery: parts of the machinery of heading no. 8425",
    "hs_chapter": 84,
    "hs_heading": 8431,
    "destinations": [
      {
        "hs_code": 843110,
        "corridor_rank": 21,
        "exporter_iso3": "KOR",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 16394017.799996074,
        "exports_all_year_avg_usd": 2434138.797830356,
        "exports_avg_3y_usd": 10475695.201621687,
        "exports_avg_5y_usd": 6582300.148042173,
        "exports_avg_10y_usd": 3862824.8192414106,
        "exports_cagr_3y_pct": 164.20210197753255,
        "exports_cagr_5y_pct": 82.43092951239446,
        "exports_cagr_10y_pct": 19.092342686740583,
        "exports_historical_peak_usd": 16394017.799996074,
        "buyer_imports_latest_observed_usd": 67980020.18574862,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 51.724137931034484,
        "trend_acceleration_pct": 145.10975929079197,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 7.196,
        "buyer_yoy_all_avg_pct": 12.8735,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 24.11593546927619,
        "market_share_change_1y_pp": 1.0181585144417546,
        "peer_best_share_pct": 24.115935469276202,
        "peer_top_exporter": "KOR",
        "supplier_count_latest": 61,
        "buyer_market_hhi": 1205.51,
        "distance_km": 955.6510620117188,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.29886233885252517,
        "tariff_advantage_pp": 0.19096898705858587,
        "volatility_cv": 1.544058247797277,
        "max_drawdown_pct": 97.0824500534113,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 843110,
        "corridor_rank": 43,
        "exporter_iso3": "KOR",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 8782427.6376676,
        "exports_all_year_avg_usd": 3411759.877664332,
        "exports_avg_3y_usd": 5410096.607525725,
        "exports_avg_5y_usd": 4410595.063693426,
        "exports_avg_10y_usd": 4473561.3657793235,
        "exports_cagr_3y_pct": 47.949330910776396,
        "exports_cagr_5y_pct": 7.034293797162761,
        "exports_cagr_10y_pct": 3.478631930926701,
        "exports_historical_peak_usd": 8782427.6376676,
        "buyer_imports_latest_observed_usd": 308676759.8548287,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 68.96551724137932,
        "trend_acceleration_pct": 44.47069897984969,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 9.9115,
        "buyer_yoy_all_avg_pct": 7.2017,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 2.84518589666355,
        "market_share_change_1y_pp": 1.5668213602803396,
        "peer_best_share_pct": 19.881543508941412,
        "peer_top_exporter": "CAN",
        "supplier_count_latest": 73,
        "buyer_market_hhi": 1060.38,
        "distance_km": 11065.7021484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.04295669226020202,
        "tariff_advantage_pp": 0.03830231714616161,
        "volatility_cv": 0.5848300789780051,
        "max_drawdown_pct": 56.621380817494845,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 843110,
      "num_markets": 129,
      "highest_price_importer_iso3": "KWT",
      "highest_price_usd_per_ton": 1638000,
      "lowest_price_importer_iso3": "MWI",
      "lowest_price_usd_per_ton": 188.50574712643677,
      "median_price_across_markets": 16066.316316316315,
      "price_spread_pct": 10194.069766879773,
      "avg_quantity_metric_tons": 29.3973452115813,
      "total_trade_value_usd": 126273413
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 19883884.41111426,
        "active_destinations": 94,
        "yoy_growth_pct": 20.631148312673528
      },
      {
        "year": 2011,
        "export_value_usd": 34363978.94135896,
        "active_destinations": 88,
        "yoy_growth_pct": 72.82326848646802
      },
      {
        "year": 2012,
        "export_value_usd": 43610209.05596,
        "active_destinations": 101,
        "yoy_growth_pct": 26.906750613424123
      },
      {
        "year": 2013,
        "export_value_usd": 32466704.385128547,
        "active_destinations": 100,
        "yoy_growth_pct": -25.552513762390518
      },
      {
        "year": 2014,
        "export_value_usd": 28733223.244963028,
        "active_destinations": 101,
        "yoy_growth_pct": -11.499415203582071
      },
      {
        "year": 2015,
        "export_value_usd": 30578821.968991827,
        "active_destinations": 107,
        "yoy_growth_pct": 6.4232220252294026
      },
      {
        "year": 2016,
        "export_value_usd": 19358982.470413283,
        "active_destinations": 102,
        "yoy_growth_pct": -36.69153608976801
      },
      {
        "year": 2017,
        "export_value_usd": 16178379.197828356,
        "active_destinations": 102,
        "yoy_growth_pct": -16.42959942469035
      },
      {
        "year": 2018,
        "export_value_usd": 18420967.150215734,
        "active_destinations": 99,
        "yoy_growth_pct": 13.861635488729322
      },
      {
        "year": 2019,
        "export_value_usd": 23435205.6695075,
        "active_destinations": 102,
        "yoy_growth_pct": 27.220278275307834
      },
      {
        "year": 2020,
        "export_value_usd": 19214452.31512615,
        "active_destinations": 95,
        "yoy_growth_pct": -18.010310700507926
      },
      {
        "year": 2021,
        "export_value_usd": 16116510.590287583,
        "active_destinations": 98,
        "yoy_growth_pct": -16.122976986441515
      },
      {
        "year": 2022,
        "export_value_usd": 16726667.376769686,
        "active_destinations": 101,
        "yoy_growth_pct": 3.785911243404057
      },
      {
        "year": 2023,
        "export_value_usd": 29616968.23750468,
        "active_destinations": 100,
        "yoy_growth_pct": 77.064370148457
      },
      {
        "year": 2024,
        "export_value_usd": 35970500.230275206,
        "active_destinations": 95,
        "yoy_growth_pct": 21.452337531040385
      }
    ],
    "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": "843110",
    "hs_description": "Machinery: parts of the machinery of heading no. 8425",
    "hs_chapter": 84,
    "hs_heading": 8431
  },
  "destinations": [
    {
      "hs_code": 843110,
      "corridor_rank": 21,
      "exporter_iso3": "KOR",
      "importer_iso3": "CHN",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 16394017.799996074,
      "exports_all_year_avg_usd": 2434138.797830356,
      "exports_avg_3y_usd": 10475695.201621687,
      "exports_avg_5y_usd": 6582300.148042173,
      "exports_avg_10y_usd": 3862824.8192414106,
      "exports_cagr_3y_pct": 164.20210197753255,
      "exports_cagr_5y_pct": 82.43092951239446,
      "exports_cagr_10y_pct": 19.092342686740583,
      "exports_historical_peak_usd": 16394017.799996074,
      "buyer_imports_latest_observed_usd": 67980020.18574862,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 51.724137931034484,
      "trend_acceleration_pct": 145.10975929079197,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 7.196,
      "buyer_yoy_all_avg_pct": 12.8735,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 24.11593546927619,
      "market_share_change_1y_pp": 1.0181585144417546,
      "peer_best_share_pct": 24.115935469276202,
      "peer_top_exporter": "KOR",
      "supplier_count_latest": 61,
      "buyer_market_hhi": 1205.51,
      "distance_km": 955.6510620117188,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.29886233885252517,
      "tariff_advantage_pp": 0.19096898705858587,
      "volatility_cv": 1.544058247797277,
      "max_drawdown_pct": 97.0824500534113,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 843110,
      "corridor_rank": 43,
      "exporter_iso3": "KOR",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 8782427.6376676,
      "exports_all_year_avg_usd": 3411759.877664332,
      "exports_avg_3y_usd": 5410096.607525725,
      "exports_avg_5y_usd": 4410595.063693426,
      "exports_avg_10y_usd": 4473561.3657793235,
      "exports_cagr_3y_pct": 47.949330910776396,
      "exports_cagr_5y_pct": 7.034293797162761,
      "exports_cagr_10y_pct": 3.478631930926701,
      "exports_historical_peak_usd": 8782427.6376676,
      "buyer_imports_latest_observed_usd": 308676759.8548287,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 68.96551724137932,
      "trend_acceleration_pct": 44.47069897984969,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 9.9115,
      "buyer_yoy_all_avg_pct": 7.2017,
      "buyer_trend_consistency_pct": 72.4138,
      "market_share_latest_pct": 2.84518589666355,
      "market_share_change_1y_pp": 1.5668213602803396,
      "peer_best_share_pct": 19.881543508941412,
      "peer_top_exporter": "CAN",
      "supplier_count_latest": 73,
      "buyer_market_hhi": 1060.38,
      "distance_km": 11065.7021484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.04295669226020202,
      "tariff_advantage_pp": 0.03830231714616161,
      "volatility_cv": 0.5848300789780051,
      "max_drawdown_pct": 56.621380817494845,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 843110,
    "num_markets": 129,
    "highest_price_importer_iso3": "KWT",
    "highest_price_usd_per_ton": 1638000,
    "lowest_price_importer_iso3": "MWI",
    "lowest_price_usd_per_ton": 188.50574712643677,
    "median_price_across_markets": 16066.316316316315,
    "price_spread_pct": 10194.069766879773,
    "avg_quantity_metric_tons": 29.3973452115813,
    "total_trade_value_usd": 126273413
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 19883884.41111426,
      "active_destinations": 94,
      "yoy_growth_pct": 20.631148312673528
    },
    {
      "year": 2011,
      "export_value_usd": 34363978.94135896,
      "active_destinations": 88,
      "yoy_growth_pct": 72.82326848646802
    },
    {
      "year": 2012,
      "export_value_usd": 43610209.05596,
      "active_destinations": 101,
      "yoy_growth_pct": 26.906750613424123
    },
    {
      "year": 2013,
      "export_value_usd": 32466704.385128547,
      "active_destinations": 100,
      "yoy_growth_pct": -25.552513762390518
    },
    {
      "year": 2014,
      "export_value_usd": 28733223.244963028,
      "active_destinations": 101,
      "yoy_growth_pct": -11.499415203582071
    },
    {
      "year": 2015,
      "export_value_usd": 30578821.968991827,
      "active_destinations": 107,
      "yoy_growth_pct": 6.4232220252294026
    },
    {
      "year": 2016,
      "export_value_usd": 19358982.470413283,
      "active_destinations": 102,
      "yoy_growth_pct": -36.69153608976801
    },
    {
      "year": 2017,
      "export_value_usd": 16178379.197828356,
      "active_destinations": 102,
      "yoy_growth_pct": -16.42959942469035
    },
    {
      "year": 2018,
      "export_value_usd": 18420967.150215734,
      "active_destinations": 99,
      "yoy_growth_pct": 13.861635488729322
    },
    {
      "year": 2019,
      "export_value_usd": 23435205.6695075,
      "active_destinations": 102,
      "yoy_growth_pct": 27.220278275307834
    },
    {
      "year": 2020,
      "export_value_usd": 19214452.31512615,
      "active_destinations": 95,
      "yoy_growth_pct": -18.010310700507926
    },
    {
      "year": 2021,
      "export_value_usd": 16116510.590287583,
      "active_destinations": 98,
      "yoy_growth_pct": -16.122976986441515
    },
    {
      "year": 2022,
      "export_value_usd": 16726667.376769686,
      "active_destinations": 101,
      "yoy_growth_pct": 3.785911243404057
    },
    {
      "year": 2023,
      "export_value_usd": 29616968.23750468,
      "active_destinations": 100,
      "yoy_growth_pct": 77.064370148457
    },
    {
      "year": 2024,
      "export_value_usd": 35970500.230275206,
      "active_destinations": 95,
      "yoy_growth_pct": 21.452337531040385
    }
  ],
  "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
  }
}