T3 · Product exporter position

Republic of Korea exports of Ignition or starting equipment: distributors and ignition coils of a kind used for spark-ignition or compression-ignition internal combustion engines (HS 851130)

See where Republic of Korea stands in ignition or starting equipment: distributors and ignition coils of a kind used for spark-ignition or compression-ignition internal combustion engines: export scale, destination breadth, market position, growth, and reported trade history.

Exporter KORHS6 851130Latest year 2024Stable

Latest exports

$45.4MLatest observed lane total

Destination markets

136Reported active markets

Three-year growth

-2.3%Annualized change

Destination HHI

2,366Destination concentration

Weighted share

6.7%Reported market position

Exporter evidence

How strong is Republic of Korea in Ignition or starting equipment: distributors and ignition coils of a kind used for spark-ignition or compression-ignition internal combustion engines?

Reported exporter totals and calculated indicators for HS 851130. Values retain their observed coverage period.

Exporter scale

Latest exports$45.4M
Current 2024 exports$45.3M
Three-year average$48.7M
Historical peak$128.1M

Market position

Active destinations136
Destination HHI2,366
Weighted share6.7%
Share change-2.6 pp

Competitiveness

Three-year growth-2.3%
Volatility1
Maximum drawdown88.7%
TrendStable
MeasureValueWhat it describes
ExporterRepublic of KoreaCountry represented by this profile
Latest observed exports$45.4MSum of latest observed destination-lane values
Current 2024 exports$45.3MCommon-year comparison where reported
Three-year growth-2.3%Annualized change in exporter totals
Five-year growth-4.2%Annualized change in exporter totals
Leading destinationUSADestination with the largest observed export value
Leading destination share44.6%Share of observed exporter totals
Destination concentration2,366HHI across destination markets
Weighted share change-2.6 ppValue-weighted latest change in market share
Limited-history lanes9.9%Share of lanes with shorter history

Destination markets

Where does Republic of Korea sell ignition or starting equipment: distributors and ignition coils of a kind used for spark-ignition or compression-ignition internal combustion engines?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
USA, Puerto Rico and US Virgin Islands$20.2M3.9%+18.8%FTA reportedAccelerating
India$7.6M20.6%-10.5%FTA reportedGrowing

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$20.2M
Market share
3.9%
Growth
+18.8%
Access
FTA reported
Signal
Accelerating

Destination

India

Latest exports
$7.6M
Market share
20.6%
Growth
-10.5%
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

Mexico: $31.1M / ton.

Lowest reported price

Nigeria: $109.4 / ton.

Median price

$29.0K / ton across reported markets.

Export trend

Reported export history

Annual observations for Republic of Korea and HS 851130 where available.

YearExportsYear-on-year changeActive destinations
2010$41.9M+5.7%120
2011$42.8M+2.3%127
2012$46.8M+9.4%126
2013$55.6M+18.6%124
2014$55.4M-0.2%130
2015$57.2M+3.3%130
2016$77.7M+35.8%135
2017$68.2M-12.3%139
2018$61.7M-9.4%129
2019$56.0M-9.2%137
2020$40.5M-27.7%136
2021$48.6M+20%135
2022$51.1M+5.1%131
2023$49.6M-3%132
2024$45.3M-8.5%136

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 851130.

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 ignition or starting equipment: distributors and ignition coils of a kind used for spark-ignition or compression-ignition internal combustion engines 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.