# Republic of Korea HS 851150 exports | Yugalinks

Explore reported HS 851150 exports from Republic of Korea: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Republic of Korea |
| HS6 | 851150 |
| Latest exports | $155.2M |
| Active destinations | 142 |
| Three-year growth | -1.9% |
| Destination HHI | 1,857 |
| Weighted share | 13.5% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $53.8M; share 3.6%; growth +0.3%
- Slovakia: $28.4M; share 39.2%; growth -3.3%
- China: $17.8M; share 5.4%; growth +4.8%
- India: $15.8M; share 32.2%; growth -4%
- Japan: $11.0M; share 6.7%; growth -4.2%

## Price intelligence

- Highest reported market price: GUM at $3.4M / ton.
- Lowest reported market price: Iraq at $181.5 / ton.
- Median reported price: $15.7K / ton.
- Price spread: 21,928.1%.

## Export history

- 2010: $82.2M
- 2011: $130.2M
- 2012: $185.0M
- 2013: $196.6M
- 2014: $189.6M
- 2015: $193.6M
- 2016: $278.7M
- 2017: $241.4M
- 2018: $243.2M
- 2019: $187.9M
- 2020: $146.8M
- 2021: $164.1M
- 2022: $164.9M
- 2023: $136.7M
- 2024: $155.0M

## 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/851150",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851150",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/851150",
    "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": "851150",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 185,
    "current_lane_count": 142,
    "active_market_count": 142,
    "exports_latest_observed_lanes_usd": 155167294.06873727,
    "exports_current_2024_usd": 154995861.18213177,
    "exports_avg_3y_usd": 152179112.60745218,
    "exports_avg_5y_usd": 153479078.25299466,
    "exports_avg_10y_usd": 191220558.62495643,
    "exports_cagr_3y_pct": -1.8849846226183686,
    "exports_cagr_5y_pct": -3.778405699179943,
    "exports_cagr_10y_pct": -1.9965701149132653,
    "exports_all_year_lane_avg_usd": 108173502.51266532,
    "exports_historical_lane_peak_usd": 493278005.8277346,
    "historical_peak_year": 2016,
    "positive_growth_year_share_pct": 72.41379310344827,
    "trend_acceleration_pct": 0.11158549229489667,
    "trend_label": "Stable",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 53843158.341019504,
    "top_market_share_pct": 34.700069150634036,
    "destination_hhi": 1856.5391084856647,
    "weighted_share_latest_pct": 13.537767507534223,
    "weighted_share_change_1y_pp": 4.499788609295329,
    "weighted_volatility_cv": 1.05957850078348,
    "weighted_max_drawdown_pct": 84.18141924185473,
    "limited_history_lane_share_pct": 13.513513513513514,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 851150,
      "hs_description": "Ignition or starting equipment: generators n.e.c. in heading no. 8511, of a kind used for spark or compression-ignition internal combustion engines",
      "hs_chapter": 85,
      "hs_heading": 8511,
      "substitution_elasticity": -6.3386621,
      "price_range_label": "Medium price range",
      "trade_type_label": "Two-way vertical trade"
    },
    "hs_description": "Ignition or starting equipment: generators n.e.c. in heading no. 8511, of a kind used for spark or compression-ignition internal combustion engines",
    "hs_chapter": 85,
    "hs_heading": 8511,
    "destinations": [
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        "hs_code": 851150,
        "corridor_rank": 16,
        "exporter_iso3": "KOR",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 53843158.341019504,
        "exports_all_year_avg_usd": 19598632.10049106,
        "exports_avg_3y_usd": 55999451.17076138,
        "exports_avg_5y_usd": 49420800.161300704,
        "exports_avg_10y_usd": 31494334.70082723,
        "exports_cagr_3y_pct": 0.2711072234056644,
        "exports_cagr_5y_pct": 34.60122999542485,
        "exports_cagr_10y_pct": 10.364914092499,
        "exports_historical_peak_usd": 68862992.74290374,
        "buyer_imports_latest_observed_usd": 1504418888.6353438,
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        "buyer_yoy_latest_pct": 9.358,
        "buyer_yoy_all_avg_pct": 9.5504,
        "buyer_trend_consistency_pct": 75.8621,
        "market_share_latest_pct": 3.5790004198804315,
        "market_share_change_1y_pp": 0.2866550225394535,
        "peer_best_share_pct": 57.281727804336825,
        "peer_top_exporter": "MEX",
        "supplier_count_latest": 91,
        "buyer_market_hhi": 3657.85,
        "distance_km": 11065.7021484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.04295669226020202,
        "tariff_advantage_pp": 0.03830231714616161,
        "volatility_cv": 0.7670984517573127,
        "max_drawdown_pct": 72.63166992418165,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
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        "exporter_iso3": "KOR",
        "importer_iso3": "SVK",
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        "exports_latest_observed_usd": 28403729.200471796,
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        "exports_avg_3y_usd": 25623826.85340416,
        "exports_avg_5y_usd": 24900902.015749957,
        "exports_avg_10y_usd": 29581316.974944115,
        "exports_cagr_3y_pct": -3.3104331533539866,
        "exports_cagr_5y_pct": -7.36837285775197,
        "exports_cagr_10y_pct": -1.9299832346549306,
        "exports_historical_peak_usd": 48635539.27121091,
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        "market_share_change_1y_pp": 15.630678735441588,
        "peer_best_share_pct": 45.24051148834333,
        "peer_top_exporter": "FRA",
        "supplier_count_latest": 36,
        "buyer_market_hhi": 3627.05,
        "distance_km": 8246.6572265625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.03185298434718254,
        "tariff_advantage_pp": 0.030075819477420634,
        "volatility_cv": 1.017638758183636,
        "max_drawdown_pct": 88.22883680280128,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
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        "importer_iso3": "CHN",
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        "exports_all_year_avg_usd": 28181245.03763621,
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        "exports_avg_5y_usd": 17599192.49646919,
        "exports_avg_10y_usd": 59013759.13693337,
        "exports_cagr_3y_pct": 4.787279443203296,
        "exports_cagr_5y_pct": -23.145046970714045,
        "exports_cagr_10y_pct": -10.23064353980726,
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        "market_share_change_1y_pp": 2.7445953211656713,
        "peer_best_share_pct": 44.42289901414264,
        "peer_top_exporter": "FRA",
        "supplier_count_latest": 54,
        "buyer_market_hhi": 3275.56,
        "distance_km": 955.6510620117188,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.29886233885252517,
        "tariff_advantage_pp": 0.19096898705858587,
        "volatility_cv": 1.3671087968397801,
        "max_drawdown_pct": 96.04072969640795,
        "attention_level": "Critical attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
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        "corridor_rank": 62,
        "exporter_iso3": "KOR",
        "importer_iso3": "IND",
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        "exports_avg_5y_usd": 16745165.350065297,
        "exports_avg_10y_usd": 21488906.87049202,
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        "buyer_market_hhi": 1568.45,
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        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
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        "exporter_iso3": "KOR",
        "importer_iso3": "JPN",
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        "exports_latest_observed_usd": 10972629.237367423,
        "exports_all_year_avg_usd": 3222649.6202932983,
        "exports_avg_3y_usd": 7055198.587743494,
        "exports_avg_5y_usd": 9188489.257012077,
        "exports_avg_10y_usd": 9134861.806787651,
        "exports_cagr_3y_pct": -4.222434996499547,
        "exports_cagr_5y_pct": -2.7393476556506813,
        "exports_cagr_10y_pct": 33.07427247567287,
        "exports_historical_peak_usd": 12607379.156524254,
        "buyer_imports_latest_observed_usd": 162621221.65651283,
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        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 6.747353835862651,
        "market_share_change_1y_pp": 4.3669698093873635,
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        "peer_top_exporter": "CHN",
        "supplier_count_latest": 42,
        "buyer_market_hhi": 1669.12,
        "distance_km": 1156.6695556640625,
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        "refreshed_at": "2026-07-20 09:30:25"
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    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 851150,
      "num_markets": 157,
      "highest_price_importer_iso3": "GUM",
      "highest_price_usd_per_ton": 3446032.2580645164,
      "lowest_price_importer_iso3": "IRQ",
      "lowest_price_usd_per_ton": 181.5,
      "median_price_across_markets": 15714.285714285714,
      "price_spread_pct": 21928.141187683286,
      "avg_quantity_metric_tons": 102.52728502415462,
      "total_trade_value_usd": 884338749
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        "export_value_usd": 82169448.4094291,
        "active_destinations": 131,
        "yoy_growth_pct": 48.72720361816502
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      {
        "year": 2014,
        "export_value_usd": 189630132.81408158,
        "active_destinations": 136,
        "yoy_growth_pct": -3.551460857486749
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      {
        "year": 2015,
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        "yoy_growth_pct": 2.11623695619506
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      {
        "year": 2016,
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      {
        "year": 2017,
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      {
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      {
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        "year": 2022,
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      {
        "year": 2023,
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      {
        "year": 2024,
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    "economy": {
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      "imports_usd": 602781511915.9164,
      "trade_balance_usd": 116364933474.75122,
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      "exports_cagr_3y_pct": 2.3762912989319096,
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      "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": "851150",
    "hs_description": "Ignition or starting equipment: generators n.e.c. in heading no. 8511, of a kind used for spark or compression-ignition internal combustion engines",
    "hs_chapter": 85,
    "hs_heading": 8511
  },
  "destinations": [
    {
      "hs_code": 851150,
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}
```