T3 · Product exporter position

Republic of Korea exports of Valves: safety or relief valves, for pipes, boiler shells, tanks, vats or the like (HS 848140)

See where Republic of Korea stands in valves: safety or relief valves, for pipes, boiler shells, tanks, vats or the like: export scale, destination breadth, market position, growth, and reported trade history.

Exporter KORHS6 848140Latest year 2024Growing

Latest exports

$71.6MLatest observed lane total

Destination markets

132Reported active markets

Three-year growth

+6.3%Annualized change

Destination HHI

1,619Destination concentration

Weighted share

5.2%Reported market position

Exporter evidence

How strong is Republic of Korea in Valves: safety or relief valves, for pipes, boiler shells, tanks, vats or the like?

Reported exporter totals and calculated indicators for HS 848140. Values retain their observed coverage period.

Exporter scale

Latest exports$71.6M
Current 2024 exports$71.4M
Three-year average$67.4M
Historical peak$223.8M

Market position

Active destinations132
Destination HHI1,619
Weighted share5.2%
Share change+0.5 pp

Competitiveness

Three-year growth+6.3%
Volatility1.1
Maximum drawdown78.2%
TrendGrowing
MeasureValueWhat it describes
ExporterRepublic of KoreaCountry represented by this profile
Latest observed exports$71.6MSum of latest observed destination-lane values
Current 2024 exports$71.4MCommon-year comparison where reported
Three-year growth+6.3%Annualized change in exporter totals
Five-year growth+2.1%Annualized change in exporter totals
Leading destinationCHNDestination with the largest observed export value
Leading destination share36.5%Share of observed exporter totals
Destination concentration1,619HHI across destination markets
Weighted share change+0.5 ppValue-weighted latest change in market share
Limited-history lanes12.1%Share of lanes with shorter history

Destination markets

Where does Republic of Korea sell valves: safety or relief valves, for pipes, boiler shells, tanks, vats or the like?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
China$26.2M6.5%-2.5%FTA reportedAccelerating

Destination

China

Latest exports
$26.2M
Market share
6.5%
Growth
-2.5%
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

Ecuador: $1.9M / ton.

Lowest reported price

Jamaica: $446.6 / ton.

Median price

$43.5K / ton across reported markets.

Export trend

Reported export history

Annual observations for Republic of Korea and HS 848140 where available.

YearExportsYear-on-year changeActive destinations
2010$51.4M-35.9%121
2011$88.6M+72.3%121
2012$118.6M+33.9%131
2013$84.2M-29%121
2014$77.1M-8.5%133
2015$70.1M-9.1%132
2016$46.1M-34.2%130
2017$42.8M-7.2%128
2018$54.5M+27.4%131
2019$64.4M+18.3%127
2020$63.5M-1.5%132
2021$59.4M-6.4%133
2022$68.3M+15%134
2023$62.3M-8.9%128
2024$71.4M+14.7%132

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 848140.

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 valves: safety or relief valves, for pipes, boiler shells, tanks, vats or the like 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.