# Republic of Korea HS 846040 exports | Yugalinks

Explore reported HS 846040 exports from Republic of Korea: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Republic of Korea |
| HS6 | 846040 |
| Latest exports | $5.5M |
| Active destinations | 22 |
| Three-year growth | +7.7% |
| Destination HHI | 1,125 |
| Weighted share | 7.8% |

## Destination markets

- China: $993.2K; share 1.4%; growth +18.6%
- Thailand: $650.0K; share 2.8%; growth +157.6%
- India: $437.0K; share 1.4%; growth +32.8%
- Mexico: $124.8K; share 0.7%; growth +127.2%

## Price intelligence

- Highest reported market price: United Kingdom at $2.7M / ton.
- Lowest reported market price: Philippines at $188.9 / ton.
- Median reported price: $44.3K / ton.
- Price spread: 6,060.5%.

## Export history

- 2010: $10.4M
- 2011: $14.3M
- 2012: $18.9M
- 2013: $8.5M
- 2014: $10.0M
- 2015: $7.7M
- 2016: $9.7M
- 2017: $8.3M
- 2018: $14.6M
- 2019: $10.3M
- 2020: $4.2M
- 2021: $3.5M
- 2022: $6.8M
- 2023: $4.5M
- 2024: $4.3M

## 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/846040",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/846040",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/846040",
    "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": "846040",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 88,
    "current_lane_count": 22,
    "active_market_count": 22,
    "exports_latest_observed_lanes_usd": 5542495.321851645,
    "exports_current_2024_usd": 4308186.845323143,
    "exports_avg_3y_usd": 5203667.971548808,
    "exports_avg_5y_usd": 4650722.904539501,
    "exports_avg_10y_usd": 7385949.446905622,
    "exports_cagr_3y_pct": 7.669331423424186,
    "exports_cagr_5y_pct": -16.010634651861878,
    "exports_cagr_10y_pct": -8.0603989506135,
    "exports_all_year_lane_avg_usd": 10005037.604527604,
    "exports_historical_lane_peak_usd": 42092609.740969054,
    "historical_peak_year": 2012,
    "positive_growth_year_share_pct": 44.827586206896555,
    "trend_acceleration_pct": 15.729730374037686,
    "trend_label": "Growing",
    "top_market_iso3": "CHN",
    "top_market_exports_usd": 993193.9852170481,
    "top_market_share_pct": 17.9196179255455,
    "destination_hhi": 1125.2889559279301,
    "weighted_share_latest_pct": 7.7897872233591565,
    "weighted_share_change_1y_pp": 2.7646192684152058,
    "weighted_volatility_cv": 1.2090420869058933,
    "weighted_max_drawdown_pct": 90.75464970591295,
    "limited_history_lane_share_pct": 63.63636363636363,
    "data_freshness_years": 0,
    "coverage_score": 81,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 846040,
      "hs_description": "Machine-tools: for honing or lapping",
      "hs_chapter": 84,
      "hs_heading": 8460,
      "substitution_elasticity": -7.6358104,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Machine-tools: for honing or lapping",
    "hs_chapter": 84,
    "hs_heading": 8460,
    "destinations": [
      {
        "hs_code": 846040,
        "corridor_rank": 34,
        "exporter_iso3": "KOR",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 993193.9852170481,
        "exports_all_year_avg_usd": 4446702.246074268,
        "exports_avg_3y_usd": 983737.7056146143,
        "exports_avg_5y_usd": 767081.7729813061,
        "exports_avg_10y_usd": 2867157.777726367,
        "exports_cagr_3y_pct": 18.649080062797662,
        "exports_cagr_5y_pct": -19.360083574621314,
        "exports_cagr_10y_pct": -19.342416734000366,
        "exports_historical_peak_usd": 16748392.939907745,
        "buyer_imports_latest_observed_usd": 70720556.67882456,
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        "buyer_yoy_all_avg_pct": 7.9291,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 1.4043922048402575,
        "market_share_change_1y_pp": 0.6486151557301824,
        "peer_best_share_pct": 41.460295573547135,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 23,
        "buyer_market_hhi": 2754.95,
        "distance_km": 955.6510620117188,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.29886233885252517,
        "tariff_advantage_pp": 0.19096898705858587,
        "volatility_cv": 0.8270987791369051,
        "max_drawdown_pct": 98.27103547009476,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
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        "exporter_iso3": "KOR",
        "importer_iso3": "THA",
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        "exports_latest_observed_usd": 650002.907185008,
        "exports_all_year_avg_usd": 174781.6760250448,
        "exports_avg_3y_usd": 314140.3353254979,
        "exports_avg_5y_usd": 196091.58777177817,
        "exports_avg_10y_usd": 211788.73343185862,
        "exports_cagr_3y_pct": 157.60536896488122,
        "exports_cagr_5y_pct": 25.92094528747424,
        "exports_cagr_10y_pct": 10.310180922844946,
        "exports_historical_peak_usd": 650002.907185008,
        "buyer_imports_latest_observed_usd": 22867909.44885542,
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        "buyer_yoy_latest_pct": 136.644,
        "buyer_yoy_all_avg_pct": 17.0873,
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        "market_share_latest_pct": 2.8424238281979983,
        "market_share_change_1y_pp": 1.625399776351028,
        "peer_best_share_pct": 29.453048955072873,
        "peer_top_exporter": "SGP",
        "supplier_count_latest": 32,
        "buyer_market_hhi": 2119.32,
        "distance_km": 3724.623779296875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.2947049952282828,
        "tariff_advantage_pp": 0.29692757308234347,
        "volatility_cv": 0.7911919215812532,
        "max_drawdown_pct": 99.99654459252521,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer macroeconomic trend has weakened",
        "risk_driver_labels": "['buyer_macro_weakness']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 846040,
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        "exporter_iso3": "KOR",
        "importer_iso3": "IND",
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        "exports_avg_5y_usd": 1123245.3444154956,
        "exports_avg_10y_usd": 1100156.2994994204,
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        "exports_cagr_5y_pct": -19.394974080412307,
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        "market_share_latest_pct": 1.4453267814700004,
        "market_share_change_1y_pp": -6.477324505714567,
        "peer_best_share_pct": 30.445742786561013,
        "peer_top_exporter": "JPN",
        "supplier_count_latest": 28,
        "buyer_market_hhi": 2159.96,
        "distance_km": 4692.671875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.5178343248545455,
        "tariff_advantage_pp": 0.4423262793264647,
        "volatility_cv": 1.0937272297618568,
        "max_drawdown_pct": 99.91739416852793,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
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      {
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        "exporter_iso3": "KOR",
        "importer_iso3": "MEX",
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        "exports_avg_10y_usd": 396402.0420520825,
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        "peer_top_exporter": "USA",
        "supplier_count_latest": 49,
        "buyer_market_hhi": 2142.46,
        "distance_km": 12066.0078125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.1360029642040404,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.737492228764399,
        "max_drawdown_pct": 99.97955447867147,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','long_distance_without_fta']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 846040,
      "num_markets": 44,
      "highest_price_importer_iso3": "GBR",
      "highest_price_usd_per_ton": 2687000,
      "lowest_price_importer_iso3": "PHL",
      "lowest_price_usd_per_ton": 188.88888888888889,
      "median_price_across_markets": 44333.333333333336,
      "price_spread_pct": 6060.47619047619,
      "avg_quantity_metric_tons": 11.781542553191489,
      "total_trade_value_usd": 36474006
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 10435235.807605814,
        "active_destinations": 22,
        "yoy_growth_pct": 90.71765514295357
      },
      {
        "year": 2011,
        "export_value_usd": 14314863.652895339,
        "active_destinations": 24,
        "yoy_growth_pct": 37.178152145463
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      {
        "year": 2012,
        "export_value_usd": 18870086.285207175,
        "active_destinations": 18,
        "yoy_growth_pct": 31.821627804261286
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      {
        "year": 2013,
        "export_value_usd": 8456471.803180562,
        "active_destinations": 19,
        "yoy_growth_pct": -55.18583394178837
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      {
        "year": 2014,
        "export_value_usd": 9983168.039256683,
        "active_destinations": 20,
        "yoy_growth_pct": 18.053583948590887
      },
      {
        "year": 2015,
        "export_value_usd": 7696054.94818806,
        "active_destinations": 30,
        "yoy_growth_pct": -22.909692415023343
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      {
        "year": 2016,
        "export_value_usd": 9741279.437328449,
        "active_destinations": 21,
        "yoy_growth_pct": 26.574972539949332
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      {
        "year": 2017,
        "export_value_usd": 8272711.278372187,
        "active_destinations": 24,
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      {
        "year": 2018,
        "export_value_usd": 14587866.97874966,
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        "yoy_growth_pct": 76.33719451671834
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      {
        "year": 2019,
        "export_value_usd": 10307967.30372036,
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        "yoy_growth_pct": -29.3387626941203
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      {
        "year": 2020,
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      {
        "year": 2022,
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    "economy": {
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      "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": "846040",
    "hs_description": "Machine-tools: for honing or lapping",
    "hs_chapter": 84,
    "hs_heading": 8460
  },
  "destinations": [
    {
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      "corridor_rank": 34,
      "exporter_iso3": "KOR",
      "importer_iso3": "CHN",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 993193.9852170481,
      "exports_all_year_avg_usd": 4446702.246074268,
      "exports_avg_3y_usd": 983737.7056146143,
      "exports_avg_5y_usd": 767081.7729813061,
      "exports_avg_10y_usd": 2867157.777726367,
      "exports_cagr_3y_pct": 18.649080062797662,
      "exports_cagr_5y_pct": -19.360083574621314,
      "exports_cagr_10y_pct": -19.342416734000366,
      "exports_historical_peak_usd": 16748392.939907745,
      "buyer_imports_latest_observed_usd": 70720556.67882456,
      "historical_peak_year": 2012,
      "positive_growth_year_share_pct": 51.724137931034484,
      "trend_acceleration_pct": 37.99149679679803,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -15.3265,
      "buyer_yoy_all_avg_pct": 7.9291,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 1.4043922048402575,
      "market_share_change_1y_pp": 0.6486151557301824,
      "peer_best_share_pct": 41.460295573547135,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 23,
      "buyer_market_hhi": 2754.95,
      "distance_km": 955.6510620117188,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.29886233885252517,
      "tariff_advantage_pp": 0.19096898705858587,
      "volatility_cv": 0.8270987791369051,
      "max_drawdown_pct": 98.27103547009476,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 846040,
      "corridor_rank": 37,
      "exporter_iso3": "KOR",
      "importer_iso3": "THA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 650002.907185008,
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  "prices": [],
  "priceSummary": {
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    "highest_price_importer_iso3": "GBR",
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  }
}
```