T3 · Product exporter position

Republic of Korea exports of Lathes: for removing metal, horizontal, numerically controlled (HS 845811)

See where Republic of Korea stands in lathes: for removing metal, horizontal, numerically controlled: export scale, destination breadth, market position, growth, and reported trade history.

Exporter KORHS6 845811Latest year 2024Growing

Latest exports

$804.8MLatest observed lane total

Destination markets

74Reported active markets

Three-year growth

+6.2%Annualized change

Destination HHI

947Destination concentration

Weighted share

22.3%Reported market position

Exporter evidence

How strong is Republic of Korea in Lathes: for removing metal, horizontal, numerically controlled?

Reported exporter totals and calculated indicators for HS 845811. Values retain their observed coverage period.

Exporter scale

Latest exports$804.8M
Current 2024 exports$732.6M
Three-year average$775.9M
Historical peak$1.1B

Market position

Active destinations74
Destination HHI947
Weighted share22.3%
Share change+2.2 pp

Competitiveness

Three-year growth+6.2%
Volatility0.8
Maximum drawdown80.9%
TrendGrowing
MeasureValueWhat it describes
ExporterRepublic of KoreaCountry represented by this profile
Latest observed exports$804.8MSum of latest observed destination-lane values
Current 2024 exports$732.6MCommon-year comparison where reported
Three-year growth+6.2%Annualized change in exporter totals
Five-year growth+3.9%Annualized change in exporter totals
Leading destinationUSADestination with the largest observed export value
Leading destination share23.2%Share of observed exporter totals
Destination concentration947HHI across destination markets
Weighted share change+2.2 ppValue-weighted latest change in market share
Limited-history lanes29.7%Share of lanes with shorter history

Destination markets

Where does Republic of Korea sell lathes: for removing metal, horizontal, numerically controlled?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
USA, Puerto Rico and US Virgin Islands$186.7M25.2%+17.4%FTA reportedGrowing
Germany$78.4M21%+3.6%FTA reportedGrowing
Turkey$75.0M30.6%+6.6%FTA reportedGrowing
Russia$65.0M13.9%+39.9%0.1% tariffAccelerating
China$58.1M16.8%-0.4%FTA reportedGrowing
Italy$56.6M29.7%-9.6%FTA reportedGrowing
India$36.6M22%+32.2%FTA reportedAccelerating
United Kingdom$24.5M20%+4.3%FTA reportedGrowing
Mexico$21.0M11.6%+18.9%0.1% tariffAccelerating
Brazil$15.6M18.5%+23.6%0.3% tariffGrowing
Viet Nam$11.0M13.7%+6.1%FTA reportedAccelerating
United Arab Emirates$10.9M34.3%+30.6%0.1% tariffAccelerating
Israel$10.9M36.9%+72.7%0.1% tariffAccelerating
Saudi Arabia$10.6M50.2%+54.9%0.1% tariffAccelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$186.7M
Market share
25.2%
Growth
+17.4%
Access
FTA reported
Signal
Growing

Destination

Germany

Latest exports
$78.4M
Market share
21%
Growth
+3.6%
Access
FTA reported
Signal
Growing

Destination

Turkey

Latest exports
$75.0M
Market share
30.6%
Growth
+6.6%
Access
FTA reported
Signal
Growing

Destination

Russia

Latest exports
$65.0M
Market share
13.9%
Growth
+39.9%
Access
0.1% tariff
Signal
Accelerating

Destination

China

Latest exports
$58.1M
Market share
16.8%
Growth
-0.4%
Access
FTA reported
Signal
Growing

Destination

Italy

Latest exports
$56.6M
Market share
29.7%
Growth
-9.6%
Access
FTA reported
Signal
Growing

Destination

India

Latest exports
$36.6M
Market share
22%
Growth
+32.2%
Access
FTA reported
Signal
Accelerating

Destination

United Kingdom

Latest exports
$24.5M
Market share
20%
Growth
+4.3%
Access
FTA reported
Signal
Growing

Destination

Mexico

Latest exports
$21.0M
Market share
11.6%
Growth
+18.9%
Access
0.1% tariff
Signal
Accelerating

Destination

Brazil

Latest exports
$15.6M
Market share
18.5%
Growth
+23.6%
Access
0.3% tariff
Signal
Growing

Destination

Viet Nam

Latest exports
$11.0M
Market share
13.7%
Growth
+6.1%
Access
FTA reported
Signal
Accelerating

Destination

United Arab Emirates

Latest exports
$10.9M
Market share
34.3%
Growth
+30.6%
Access
0.1% tariff
Signal
Accelerating

Destination

Israel

Latest exports
$10.9M
Market share
36.9%
Growth
+72.7%
Access
0.1% tariff
Signal
Accelerating

Destination

Saudi Arabia

Latest exports
$10.6M
Market share
50.2%
Growth
+54.9%
Access
0.1% tariff
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

Mozambique: $89.4K / ton.

Lowest reported price

Kyrgyzstan: $199.4 / ton.

Median price

$15.1K / ton across reported markets.

Export trend

Reported export history

Annual observations for Republic of Korea and HS 845811 where available.

YearExportsYear-on-year changeActive destinations
2010$280.5M+31.8%69
2011$557.8M+98.9%70
2012$608.7M+9.1%69
2013$566.5M-6.9%68
2014$574.6M+1.4%72
2015$481.5M-16.2%73
2016$405.3M-15.8%74
2017$488.8M+20.6%74
2018$723.2M+48%71
2019$606.2M-16.2%70
2020$420.2M-30.7%66
2021$611.4M+45.5%68
2022$753.3M+23.2%74
2023$841.8M+11.7%78
2024$732.6M-13%74

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 845811.

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 lathes: for removing metal, horizontal, numerically controlled 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.