{
  "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/851440",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851440",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/851440",
    "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": "851440",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 148,
    "current_lane_count": 70,
    "active_market_count": 70,
    "exports_latest_observed_lanes_usd": 18240847.89089564,
    "exports_current_2024_usd": 16357932.510340525,
    "exports_avg_3y_usd": 15724121.709138716,
    "exports_avg_5y_usd": 15349641.745024826,
    "exports_avg_10y_usd": 16467878.696176643,
    "exports_cagr_3y_pct": 4.337655075586921,
    "exports_cagr_5y_pct": 5.028540832542139,
    "exports_cagr_10y_pct": -2.7734204990768507,
    "exports_all_year_lane_avg_usd": 14968797.460779613,
    "exports_historical_lane_peak_usd": 72981907.3061761,
    "historical_peak_year": 2015,
    "positive_growth_year_share_pct": 65.51724137931035,
    "trend_acceleration_pct": 7.111075574663772,
    "trend_label": "Growing",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 7176682.473821525,
    "top_market_share_pct": 39.34401797957839,
    "destination_hhi": 2319.0946660979216,
    "weighted_share_latest_pct": 12.396029638418353,
    "weighted_share_change_1y_pp": 5.981858427667853,
    "weighted_volatility_cv": 1.8547387624224463,
    "weighted_max_drawdown_pct": 98.02829492763763,
    "limited_history_lane_share_pct": 33.78378378378378,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 851440,
      "hs_description": "Heating equipment: for the heat treatment of materials by induction or dielectric loss, industrial or laboratory, other than furnaces and ovens",
      "hs_chapter": 85,
      "hs_heading": 8514,
      "substitution_elasticity": -7.3486681,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Heating equipment: for the heat treatment of materials by induction or dielectric loss, industrial or laboratory, other than furnaces and ovens",
    "hs_chapter": 85,
    "hs_heading": 8514,
    "destinations": [
      {
        "hs_code": 851440,
        "corridor_rank": 19,
        "exporter_iso3": "KOR",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 7176682.473821525,
        "exports_all_year_avg_usd": 1679272.7763034226,
        "exports_avg_3y_usd": 3955270.841285744,
        "exports_avg_5y_usd": 3897728.2713063387,
        "exports_avg_10y_usd": 2826513.154201257,
        "exports_cagr_3y_pct": 31.143986055620367,
        "exports_cagr_5y_pct": 15.859916920665418,
        "exports_cagr_10y_pct": 12.323507894009534,
        "exports_historical_peak_usd": 7176682.473821525,
        "buyer_imports_latest_observed_usd": 78415893.8500408,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 51.724137931034484,
        "trend_acceleration_pct": 18.820478161610833,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 24.9635,
        "buyer_yoy_all_avg_pct": 7.4315,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 9.152076347616346,
        "market_share_change_1y_pp": 5.4004650285509666,
        "peer_best_share_pct": 16.502819862974114,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 52,
        "buyer_market_hhi": 924.29,
        "distance_km": 11065.7021484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.04295669226020202,
        "tariff_advantage_pp": 0.03830231714616161,
        "volatility_cv": 0.9063378213987345,
        "max_drawdown_pct": 99.73440334890604,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851440,
        "corridor_rank": 32,
        "exporter_iso3": "KOR",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 29,
        "exports_latest_observed_usd": 4689092.124073661,
        "exports_all_year_avg_usd": 221556.19463506027,
        "exports_avg_3y_usd": 1589393.0687181428,
        "exports_avg_5y_usd": 969063.3457492264,
        "exports_avg_10y_usd": 501931.98729134613,
        "exports_cagr_3y_pct": 386.5582286430165,
        "exports_cagr_5y_pct": 164.2244030288825,
        "exports_cagr_10y_pct": 61.20245441076217,
        "exports_historical_peak_usd": 4689092.124073661,
        "buyer_imports_latest_observed_usd": 23141978.89180765,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 64.28571428571429,
        "trend_acceleration_pct": 325.3557742322543,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 39.6031,
        "buyer_yoy_all_avg_pct": 10.0938,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 20.26227811370798,
        "market_share_change_1y_pp": 20.111660521817146,
        "peer_best_share_pct": 30.43403903349428,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 46,
        "buyer_market_hhi": 1678.4,
        "distance_km": 8875.3896484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 3.8198040101547903,
        "max_drawdown_pct": 99.61051159589073,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 851440,
      "num_markets": 106,
      "highest_price_importer_iso3": "SAU",
      "highest_price_usd_per_ton": 33817700,
      "lowest_price_importer_iso3": "TZA",
      "lowest_price_usd_per_ton": 563.6363636363636,
      "median_price_across_markets": 90666.66666666667,
      "price_spread_pct": 37298.3121657754,
      "avg_quantity_metric_tons": 5.008853293413172,
      "total_trade_value_usd": 81110957
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 9162701.578430427,
        "active_destinations": 67,
        "yoy_growth_pct": -24.975979040030168
      },
      {
        "year": 2011,
        "export_value_usd": 14475015.387531338,
        "active_destinations": 69,
        "yoy_growth_pct": 57.977592783403864
      },
      {
        "year": 2012,
        "export_value_usd": 24235136.279946927,
        "active_destinations": 71,
        "yoy_growth_pct": 67.42736108469272
      },
      {
        "year": 2013,
        "export_value_usd": 17728894.94534256,
        "active_destinations": 74,
        "yoy_growth_pct": -26.846316271750776
      },
      {
        "year": 2014,
        "export_value_usd": 21670969.4386431,
        "active_destinations": 73,
        "yoy_growth_pct": 22.23530854829809
      },
      {
        "year": 2015,
        "export_value_usd": 24674247.376559794,
        "active_destinations": 69,
        "yoy_growth_pct": 13.858530632050664
      },
      {
        "year": 2016,
        "export_value_usd": 17704678.007103536,
        "active_destinations": 74,
        "yoy_growth_pct": -28.246330123435726
      },
      {
        "year": 2017,
        "export_value_usd": 13993773.400397867,
        "active_destinations": 75,
        "yoy_growth_pct": -20.96002313748246
      },
      {
        "year": 2018,
        "export_value_usd": 18758416.34811371,
        "active_destinations": 70,
        "yoy_growth_pct": 34.048307139090696
      },
      {
        "year": 2019,
        "export_value_usd": 12799463.104467357,
        "active_destinations": 60,
        "yoy_growth_pct": -31.766824731158966
      },
      {
        "year": 2020,
        "export_value_usd": 15174427.583207754,
        "active_destinations": 66,
        "yoy_growth_pct": 18.55518828685456
      },
      {
        "year": 2021,
        "export_value_usd": 14401416.014500227,
        "active_destinations": 65,
        "yoy_growth_pct": -5.094172840911335
      },
      {
        "year": 2022,
        "export_value_usd": 16980564.21045368,
        "active_destinations": 78,
        "yoy_growth_pct": 17.90899029204219
      },
      {
        "year": 2023,
        "export_value_usd": 13833868.406621942,
        "active_destinations": 70,
        "yoy_growth_pct": -18.531161655362137
      },
      {
        "year": 2024,
        "export_value_usd": 16357932.510340525,
        "active_destinations": 70,
        "yoy_growth_pct": 18.245540795446438
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "KOR",
      "exports_usd": 719146445390.6676,
      "imports_usd": 602781511915.9164,
      "trade_balance_usd": 116364933474.75122,
      "yoy_exports_growth_pct": 8.99738243181556,
      "yoy_imports_growth_pct": -2.0488493611390823,
      "exports_cagr_3y_pct": 2.3762912989319096,
      "imports_cagr_3y_pct": 0.5600101180488037,
      "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": "851440",
    "hs_description": "Heating equipment: for the heat treatment of materials by induction or dielectric loss, industrial or laboratory, other than furnaces and ovens",
    "hs_chapter": 85,
    "hs_heading": 8514
  },
  "destinations": [
    {
      "hs_code": 851440,
      "corridor_rank": 19,
      "exporter_iso3": "KOR",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 7176682.473821525,
      "exports_all_year_avg_usd": 1679272.7763034226,
      "exports_avg_3y_usd": 3955270.841285744,
      "exports_avg_5y_usd": 3897728.2713063387,
      "exports_avg_10y_usd": 2826513.154201257,
      "exports_cagr_3y_pct": 31.143986055620367,
      "exports_cagr_5y_pct": 15.859916920665418,
      "exports_cagr_10y_pct": 12.323507894009534,
      "exports_historical_peak_usd": 7176682.473821525,
      "buyer_imports_latest_observed_usd": 78415893.8500408,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 51.724137931034484,
      "trend_acceleration_pct": 18.820478161610833,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 24.9635,
      "buyer_yoy_all_avg_pct": 7.4315,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 9.152076347616346,
      "market_share_change_1y_pp": 5.4004650285509666,
      "peer_best_share_pct": 16.502819862974114,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 52,
      "buyer_market_hhi": 924.29,
      "distance_km": 11065.7021484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.04295669226020202,
      "tariff_advantage_pp": 0.03830231714616161,
      "volatility_cv": 0.9063378213987345,
      "max_drawdown_pct": 99.73440334890604,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 851440,
      "corridor_rank": 32,
      "exporter_iso3": "KOR",
      "importer_iso3": "GBR",
      "latest_data_year": 2024,
      "lane_data_years": 29,
      "exports_latest_observed_usd": 4689092.124073661,
      "exports_all_year_avg_usd": 221556.19463506027,
      "exports_avg_3y_usd": 1589393.0687181428,
      "exports_avg_5y_usd": 969063.3457492264,
      "exports_avg_10y_usd": 501931.98729134613,
      "exports_cagr_3y_pct": 386.5582286430165,
      "exports_cagr_5y_pct": 164.2244030288825,
      "exports_cagr_10y_pct": 61.20245441076217,
      "exports_historical_peak_usd": 4689092.124073661,
      "buyer_imports_latest_observed_usd": 23141978.89180765,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 64.28571428571429,
      "trend_acceleration_pct": 325.3557742322543,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 39.6031,
      "buyer_yoy_all_avg_pct": 10.0938,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 20.26227811370798,
      "market_share_change_1y_pp": 20.111660521817146,
      "peer_best_share_pct": 30.43403903349428,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 46,
      "buyer_market_hhi": 1678.4,
      "distance_km": 8875.3896484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": null,
      "tariff_advantage_pp": null,
      "volatility_cv": 3.8198040101547903,
      "max_drawdown_pct": 99.61051159589073,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 851440,
    "num_markets": 106,
    "highest_price_importer_iso3": "SAU",
    "highest_price_usd_per_ton": 33817700,
    "lowest_price_importer_iso3": "TZA",
    "lowest_price_usd_per_ton": 563.6363636363636,
    "median_price_across_markets": 90666.66666666667,
    "price_spread_pct": 37298.3121657754,
    "avg_quantity_metric_tons": 5.008853293413172,
    "total_trade_value_usd": 81110957
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 9162701.578430427,
      "active_destinations": 67,
      "yoy_growth_pct": -24.975979040030168
    },
    {
      "year": 2011,
      "export_value_usd": 14475015.387531338,
      "active_destinations": 69,
      "yoy_growth_pct": 57.977592783403864
    },
    {
      "year": 2012,
      "export_value_usd": 24235136.279946927,
      "active_destinations": 71,
      "yoy_growth_pct": 67.42736108469272
    },
    {
      "year": 2013,
      "export_value_usd": 17728894.94534256,
      "active_destinations": 74,
      "yoy_growth_pct": -26.846316271750776
    },
    {
      "year": 2014,
      "export_value_usd": 21670969.4386431,
      "active_destinations": 73,
      "yoy_growth_pct": 22.23530854829809
    },
    {
      "year": 2015,
      "export_value_usd": 24674247.376559794,
      "active_destinations": 69,
      "yoy_growth_pct": 13.858530632050664
    },
    {
      "year": 2016,
      "export_value_usd": 17704678.007103536,
      "active_destinations": 74,
      "yoy_growth_pct": -28.246330123435726
    },
    {
      "year": 2017,
      "export_value_usd": 13993773.400397867,
      "active_destinations": 75,
      "yoy_growth_pct": -20.96002313748246
    },
    {
      "year": 2018,
      "export_value_usd": 18758416.34811371,
      "active_destinations": 70,
      "yoy_growth_pct": 34.048307139090696
    },
    {
      "year": 2019,
      "export_value_usd": 12799463.104467357,
      "active_destinations": 60,
      "yoy_growth_pct": -31.766824731158966
    },
    {
      "year": 2020,
      "export_value_usd": 15174427.583207754,
      "active_destinations": 66,
      "yoy_growth_pct": 18.55518828685456
    },
    {
      "year": 2021,
      "export_value_usd": 14401416.014500227,
      "active_destinations": 65,
      "yoy_growth_pct": -5.094172840911335
    },
    {
      "year": 2022,
      "export_value_usd": 16980564.21045368,
      "active_destinations": 78,
      "yoy_growth_pct": 17.90899029204219
    },
    {
      "year": 2023,
      "export_value_usd": 13833868.406621942,
      "active_destinations": 70,
      "yoy_growth_pct": -18.531161655362137
    },
    {
      "year": 2024,
      "export_value_usd": 16357932.510340525,
      "active_destinations": 70,
      "yoy_growth_pct": 18.245540795446438
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "KOR",
    "exports_usd": 719146445390.6676,
    "imports_usd": 602781511915.9164,
    "trade_balance_usd": 116364933474.75122,
    "yoy_exports_growth_pct": 8.99738243181556,
    "yoy_imports_growth_pct": -2.0488493611390823,
    "exports_cagr_3y_pct": 2.3762912989319096,
    "imports_cagr_3y_pct": 0.5600101180488037,
    "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
  }
}