T3 · Product exporter position

Republic of Korea exports of Bearing housings, not incorporating ball or roller bearings and plain shaft bearings (HS 848330)

See where Republic of Korea stands in bearing housings, not incorporating ball or roller bearings and plain shaft bearings: export scale, destination breadth, market position, growth, and reported trade history.

Exporter KORHS6 848330Latest year 2024Growing

Latest exports

$140.6MLatest observed lane total

Destination markets

156Reported active markets

Three-year growth

+5.2%Annualized change

Destination HHI

893Destination concentration

Weighted share

4%Reported market position

Exporter evidence

How strong is Republic of Korea in Bearing housings, not incorporating ball or roller bearings and plain shaft bearings?

Reported exporter totals and calculated indicators for HS 848330. Values retain their observed coverage period.

Exporter scale

Latest exports$140.6M
Current 2024 exports$140.6M
Three-year average$130.8M
Historical peak$192.3M

Market position

Active destinations156
Destination HHI893
Weighted share4%
Share change+0.2 pp

Competitiveness

Three-year growth+5.2%
Volatility0.8
Maximum drawdown76.7%
TrendGrowing
MeasureValueWhat it describes
ExporterRepublic of KoreaCountry represented by this profile
Latest observed exports$140.6MSum of latest observed destination-lane values
Current 2024 exports$140.6MCommon-year comparison where reported
Three-year growth+5.2%Annualized change in exporter totals
Five-year growth+3.8%Annualized change in exporter totals
Leading destinationUSADestination with the largest observed export value
Leading destination share18.8%Share of observed exporter totals
Destination concentration893HHI across destination markets
Weighted share change+0.2 ppValue-weighted latest change in market share
Limited-history lanes11.4%Share of lanes with shorter history

Destination markets

Where does Republic of Korea sell bearing housings, not incorporating ball or roller bearings and plain shaft bearings?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
USA, Puerto Rico and US Virgin Islands$26.4M2.7%+9.3%FTA reportedGrowing
China$21.1M4%-1%FTA reportedAccelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$26.4M
Market share
2.7%
Growth
+9.3%
Access
FTA reported
Signal
Growing

Destination

China

Latest exports
$21.1M
Market share
4%
Growth
-1%
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: $6.9M / ton.

Lowest reported price

China, Hong Kong Special Administrative Region: $90.0 / ton.

Median price

$25.3K / ton across reported markets.

Export trend

Reported export history

Annual observations for Republic of Korea and HS 848330 where available.

YearExportsYear-on-year changeActive destinations
2010$68.5M+50.1%130
2011$94.4M+37.7%137
2012$93.9M-0.5%138
2013$91.7M-2.4%136
2014$109.2M+19.1%146
2015$107.3M-1.7%141
2016$111.3M+3.7%147
2017$107.4M-3.6%140
2018$114.0M+6.2%146
2019$116.4M+2.1%150
2020$102.5M-12%145
2021$120.7M+17.8%152
2022$121.9M+1%148
2023$129.8M+6.5%150
2024$140.6M+8.3%156

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 848330.

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 bearing housings, not incorporating ball or roller bearings and plain shaft bearings 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.