T3 · Product exporter position

Republic of Korea exports of Cells and batteries: primary, lithium (HS 850650)

See where Republic of Korea stands in cells and batteries: primary, lithium: export scale, destination breadth, market position, growth, and reported trade history.

Exporter KORHS6 850650Latest year 2024Growing

Latest exports

$148.4MLatest observed lane total

Destination markets

111Reported active markets

Three-year growth

+8.9%Annualized change

Destination HHI

1,137Destination concentration

Weighted share

10%Reported market position

Exporter evidence

How strong is Republic of Korea in Cells and batteries: primary, lithium?

Reported exporter totals and calculated indicators for HS 850650. Values retain their observed coverage period.

Exporter scale

Latest exports$148.4M
Current 2024 exports$148.3M
Three-year average$146.8M
Historical peak$361.3M

Market position

Active destinations111
Destination HHI1,137
Weighted share10%
Share change+0.7 pp

Competitiveness

Three-year growth+8.9%
Volatility1.1
Maximum drawdown90.4%
TrendGrowing
MeasureValueWhat it describes
ExporterRepublic of KoreaCountry represented by this profile
Latest observed exports$148.4MSum of latest observed destination-lane values
Current 2024 exports$148.3MCommon-year comparison where reported
Three-year growth+8.9%Annualized change in exporter totals
Five-year growth+2.3%Annualized change in exporter totals
Leading destinationMEXDestination with the largest observed export value
Leading destination share24.9%Share of observed exporter totals
Destination concentration1,137HHI across destination markets
Weighted share change+0.7 ppValue-weighted latest change in market share
Limited-history lanes22.7%Share of lanes with shorter history

Destination markets

Where does Republic of Korea sell cells and batteries: primary, lithium?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
Mexico$37.0M16.5%+20.1%0.1% tariffAccelerating
USA, Puerto Rico and US Virgin Islands$27.0M6.7%+20.8%FTA reportedGrowing
Canada$10.7M12.4%+9.6%FTA reportedGrowing
Italy$8.8M9.9%-18.9%FTA reportedGrowing

Destination

Mexico

Latest exports
$37.0M
Market share
16.5%
Growth
+20.1%
Access
0.1% tariff
Signal
Accelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$27.0M
Market share
6.7%
Growth
+20.8%
Access
FTA reported
Signal
Growing

Destination

Canada

Latest exports
$10.7M
Market share
12.4%
Growth
+9.6%
Access
FTA reported
Signal
Growing

Destination

Italy

Latest exports
$8.8M
Market share
9.9%
Growth
-18.9%
Access
FTA reported
Signal
Growing

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: $11.5M / ton.

Lowest reported price

Mozambique: $280.0 / ton.

Median price

$77.9K / ton across reported markets.

Export trend

Reported export history

Annual observations for Republic of Korea and HS 850650 where available.

YearExportsYear-on-year changeActive destinations
2010$71.1M+73.1%102
2011$74.6M+4.9%109
2012$81.5M+9.2%108
2013$111.1M+36.4%114
2014$94.7M-14.8%115
2015$77.8M-17.8%106
2016$94.4M+21.2%106
2017$107.0M+13.4%113
2018$146.0M+36.5%109
2019$132.2M-9.5%108
2020$120.2M-9.1%112
2021$115.0M-4.3%112
2022$137.3M+19.5%107
2023$154.9M+12.8%110
2024$148.3M-4.2%111

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 850650.

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 cells and batteries: primary, lithium 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.