# Republic of Korea HS 843131 exports | Yugalinks

Explore reported HS 843131 exports from Republic of Korea: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Republic of Korea |
| HS6 | 843131 |
| Latest exports | $56.5M |
| Active destinations | 104 |
| Three-year growth | +7.6% |
| Destination HHI | 1,615 |
| Weighted share | 10.2% |

## Destination markets

- China: $19.9M; share 20.8%; growth +27.8%

## Price intelligence

- Highest reported market price: Mozambique at $5.1M / ton.
- Lowest reported market price: Thailand at $1.0K / ton.
- Median reported price: $21.4K / ton.
- Price spread: 23,785.3%.

## Export history

- 2010: $65.9M
- 2011: $71.9M
- 2012: $65.3M
- 2013: $71.1M
- 2014: $77.4M
- 2015: $66.5M
- 2016: $56.2M
- 2017: $71.1M
- 2018: $60.3M
- 2019: $52.5M
- 2020: $49.8M
- 2021: $45.2M
- 2022: $44.3M
- 2023: $52.9M
- 2024: $56.3M

## Methods

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.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "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/843131",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/843131",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/843131",
    "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": "843131",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 160,
    "current_lane_count": 104,
    "active_market_count": 104,
    "exports_latest_observed_lanes_usd": 56502928.63960361,
    "exports_current_2024_usd": 56296831.03517969,
    "exports_avg_3y_usd": 51143566.66989827,
    "exports_avg_5y_usd": 49684894.47495065,
    "exports_avg_10y_usd": 55506020.871521235,
    "exports_cagr_3y_pct": 7.580137674642007,
    "exports_cagr_5y_pct": 1.3905071903144828,
    "exports_cagr_10y_pct": -3.1280430049400954,
    "exports_all_year_lane_avg_usd": 42684702.477510855,
    "exports_historical_lane_peak_usd": 149032948.67344174,
    "historical_peak_year": 2014,
    "positive_growth_year_share_pct": 55.172413793103445,
    "trend_acceleration_pct": 10.708180679582103,
    "trend_label": "Growing",
    "top_market_iso3": "CHN",
    "top_market_exports_usd": 19900907.97373613,
    "top_market_share_pct": 35.22102031325034,
    "destination_hhi": 1614.947218812178,
    "weighted_share_latest_pct": 10.229810960702803,
    "weighted_share_change_1y_pp": 2.6096015467201608,
    "weighted_volatility_cv": 0.8144530935290865,
    "weighted_max_drawdown_pct": 77.23825254016654,
    "limited_history_lane_share_pct": 22.5,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 843131,
      "hs_description": "Lifts, skip hoists or escalators: parts thereof",
      "hs_chapter": 84,
      "hs_heading": 8431,
      "substitution_elasticity": -5.3896809,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Lifts, skip hoists or escalators: parts thereof",
    "hs_chapter": 84,
    "hs_heading": 8431,
    "destinations": [
      {
        "hs_code": 843131,
        "corridor_rank": 63,
        "exporter_iso3": "KOR",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 19900907.97373613,
        "exports_all_year_avg_usd": 10886069.171540285,
        "exports_avg_3y_usd": 13913838.62558926,
        "exports_avg_5y_usd": 12418252.106419908,
        "exports_avg_10y_usd": 14219660.112488102,
        "exports_cagr_3y_pct": 27.831739842344348,
        "exports_cagr_5y_pct": 11.02364696948468,
        "exports_cagr_10y_pct": -3.2290117977949895,
        "exports_historical_peak_usd": 27719083.61785627,
        "buyer_imports_latest_observed_usd": 95600097.76583305,
        "historical_peak_year": 2012,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": 31.060751640139337,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -9.3213,
        "buyer_yoy_all_avg_pct": 0.4882,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 20.816828056475693,
        "market_share_change_1y_pp": 6.680822376199526,
        "peer_best_share_pct": 20.89332485790506,
        "peer_top_exporter": "JPN",
        "supplier_count_latest": 65,
        "buyer_market_hhi": 1206.53,
        "distance_km": 955.6510620117188,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.29886233885252517,
        "tariff_advantage_pp": 0.19096898705858587,
        "volatility_cv": 0.7337464679007009,
        "max_drawdown_pct": 74.97249602411247,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
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    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 843131,
      "num_markets": 134,
      "highest_price_importer_iso3": "MOZ",
      "highest_price_usd_per_ton": 5086500,
      "lowest_price_importer_iso3": "THA",
      "lowest_price_usd_per_ton": 1033.5241838335082,
      "median_price_across_markets": 21380.718475073314,
      "price_spread_pct": 23785.29272411987,
      "avg_quantity_metric_tons": 53.81821414913958,
      "total_trade_value_usd": 297950158
    },
    "history": [
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        "year": 2010,
        "export_value_usd": 65918842.853925735,
        "active_destinations": 102,
        "yoy_growth_pct": 64.93616667850914
      },
      {
        "year": 2011,
        "export_value_usd": 71901674.42641886,
        "active_destinations": 98,
        "yoy_growth_pct": 9.076056728955185
      },
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        "year": 2012,
        "export_value_usd": 65278964.47847936,
        "active_destinations": 108,
        "yoy_growth_pct": -9.210786815148367
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      {
        "year": 2013,
        "export_value_usd": 71111668.02018462,
        "active_destinations": 98,
        "yoy_growth_pct": 8.935042993257248
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      {
        "year": 2014,
        "export_value_usd": 77357640.55717361,
        "active_destinations": 105,
        "yoy_growth_pct": 8.783330093193857
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      {
        "year": 2015,
        "export_value_usd": 66457908.45822505,
        "active_destinations": 113,
        "yoy_growth_pct": -14.09005241168488
      },
      {
        "year": 2016,
        "export_value_usd": 56243360.902778596,
        "active_destinations": 110,
        "yoy_growth_pct": -15.369950382755789
      },
      {
        "year": 2017,
        "export_value_usd": 71088421.13458337,
        "active_destinations": 109,
        "yoy_growth_pct": 26.394333470693038
      },
      {
        "year": 2018,
        "export_value_usd": 60305150.265918836,
        "active_destinations": 102,
        "yoy_growth_pct": -15.168814691002675
      },
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        "year": 2019,
        "export_value_usd": 52540895.57895329,
        "active_destinations": 106,
        "yoy_growth_pct": -12.874944598808966
      },
      {
        "year": 2020,
        "export_value_usd": 49778238.62346798,
        "active_destinations": 106,
        "yoy_growth_pct": -5.258107851119244
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      {
        "year": 2021,
        "export_value_usd": 45215533.74159043,
        "active_destinations": 100,
        "yoy_growth_pct": -9.166063340229275
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      {
        "year": 2022,
        "export_value_usd": 44279853.16718674,
        "active_destinations": 103,
        "yoy_growth_pct": -2.06937858955988
      },
      {
        "year": 2023,
        "export_value_usd": 52854015.80732836,
        "active_destinations": 109,
        "yoy_growth_pct": 19.36357514052337
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      {
        "year": 2024,
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        "active_destinations": 104,
        "yoy_growth_pct": 6.5138195750378065
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    "economy": {
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      "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,
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      "avg_applied_tariff_pct": 0.1325559179132643,
      "avg_mfn_tariff_pct": 0.13730118197136373,
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      "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,
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    "countryMap": {}
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  "product": {
    "hs_code": "843131",
    "hs_description": "Lifts, skip hoists or escalators: parts thereof",
    "hs_chapter": 84,
    "hs_heading": 8431
  },
  "destinations": [
    {
      "hs_code": 843131,
      "corridor_rank": 63,
      "exporter_iso3": "KOR",
      "importer_iso3": "CHN",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 19900907.97373613,
      "exports_all_year_avg_usd": 10886069.171540285,
      "exports_avg_3y_usd": 13913838.62558926,
      "exports_avg_5y_usd": 12418252.106419908,
      "exports_avg_10y_usd": 14219660.112488102,
      "exports_cagr_3y_pct": 27.831739842344348,
      "exports_cagr_5y_pct": 11.02364696948468,
      "exports_cagr_10y_pct": -3.2290117977949895,
      "exports_historical_peak_usd": 27719083.61785627,
      "buyer_imports_latest_observed_usd": 95600097.76583305,
      "historical_peak_year": 2012,
      "positive_growth_year_share_pct": 58.62068965517241,
      "trend_acceleration_pct": 31.060751640139337,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -9.3213,
      "buyer_yoy_all_avg_pct": 0.4882,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 20.816828056475693,
      "market_share_change_1y_pp": 6.680822376199526,
      "peer_best_share_pct": 20.89332485790506,
      "peer_top_exporter": "JPN",
      "supplier_count_latest": 65,
      "buyer_market_hhi": 1206.53,
      "distance_km": 955.6510620117188,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.29886233885252517,
      "tariff_advantage_pp": 0.19096898705858587,
      "volatility_cv": 0.7337464679007009,
      "max_drawdown_pct": 74.97249602411247,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 843131,
    "num_markets": 134,
    "highest_price_importer_iso3": "MOZ",
    "highest_price_usd_per_ton": 5086500,
    "lowest_price_importer_iso3": "THA",
    "lowest_price_usd_per_ton": 1033.5241838335082,
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    "avg_quantity_metric_tons": 53.81821414913958,
    "total_trade_value_usd": 297950158
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    {
      "year": 2015,
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    {
      "year": 2016,
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      "yoy_growth_pct": -15.369950382755789
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    {
      "year": 2017,
      "export_value_usd": 71088421.13458337,
      "active_destinations": 109,
      "yoy_growth_pct": 26.394333470693038
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    {
      "year": 2018,
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    {
      "year": 2019,
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    {
      "year": 2020,
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    {
      "year": 2021,
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    {
      "year": 2022,
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    {
      "year": 2023,
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    {
      "year": 2024,
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    "yoy_exports_growth_pct": 8.99738243181556,
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    "exports_cagr_3y_pct": 2.3762912989319096,
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    "export_partner_hhi": 1005.4152216058833,
    "export_product_hhi": 224.2651640980364,
    "momentum_score": 7.011055091950464,
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    "secondary_education_pct": 97.7,
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    "num_active_partners": 270,
    "num_fta_partners": 58,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
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    "avg_partner_gdp_million_usd": 533678518.3258193,
    "avg_partner_gdp_per_capita_usd": 15.774186170212769,
    "avg_buyer_biz_entry_days": null,
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    "pct_partners_shared_language": 0.3703703703703704,
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    "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,
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    "pct_products_high_elasticity": 75.69542668552569,
    "pct_products_low_elasticity": 2.710985384252711,
    "real_market_potential": 193723.88455191866,
    "foreign_market_potential": 21832.519125198414
  }
}
```