{
  "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/851531",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851531",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/851531",
    "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": "851531",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 141,
    "current_lane_count": 66,
    "active_market_count": 66,
    "exports_latest_observed_lanes_usd": 39340122.10503036,
    "exports_current_2024_usd": 37364451.47699244,
    "exports_avg_3y_usd": 37599054.76217058,
    "exports_avg_5y_usd": 41270462.066841185,
    "exports_avg_10y_usd": 43785056.029822156,
    "exports_cagr_3y_pct": -10.064680453186202,
    "exports_cagr_5y_pct": -0.5272417257918605,
    "exports_cagr_10y_pct": -0.03924517354118029,
    "exports_all_year_lane_avg_usd": 30370919.036035847,
    "exports_historical_lane_peak_usd": 245362757.22528136,
    "historical_peak_year": 2016,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": -10.025435279645022,
    "trend_label": "Rapid decline",
    "top_market_iso3": "GBR",
    "top_market_exports_usd": 14782856.372540021,
    "top_market_share_pct": 37.57704750654488,
    "destination_hhi": 1776.4907335666442,
    "weighted_share_latest_pct": 12.08007978210042,
    "weighted_share_change_1y_pp": 3.9544916036014333,
    "weighted_volatility_cv": 2.1994595238996064,
    "weighted_max_drawdown_pct": 97.72740655428211,
    "limited_history_lane_share_pct": 41.843971631205676,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 851531,
      "hs_description": "Welding machines and apparatus: for arc (including plasma arc) welding of metals, fully or partly automatic, whether or not capable of cutting",
      "hs_chapter": 85,
      "hs_heading": 8515,
      "substitution_elasticity": -6.1757565,
      "price_range_label": "Unclassified",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Welding machines and apparatus: for arc (including plasma arc) welding of metals, fully or partly automatic, whether or not capable of cutting",
    "hs_chapter": 85,
    "hs_heading": 8515,
    "destinations": [
      {
        "hs_code": 851531,
        "corridor_rank": 24,
        "exporter_iso3": "KOR",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 19,
        "exports_latest_observed_usd": 14782856.372540021,
        "exports_all_year_avg_usd": 1004218.0489083222,
        "exports_avg_3y_usd": 6132395.742280032,
        "exports_avg_5y_usd": 4599503.8455806915,
        "exports_avg_10y_usd": 3073843.046703015,
        "exports_cagr_3y_pct": 2513.457800906366,
        "exports_cagr_5y_pct": 218.8820592761644,
        "exports_cagr_10y_pct": 96.87942021779546,
        "exports_historical_peak_usd": 14782856.372540021,
        "buyer_imports_latest_observed_usd": 75283553.54973494,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 50,
        "trend_acceleration_pct": 2416.5783806885706,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 58.8125,
        "buyer_yoy_all_avg_pct": 8.6223,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 19.63623617045914,
        "market_share_change_1y_pp": 12.01171982552862,
        "peer_best_share_pct": 19.63623617045913,
        "peer_top_exporter": "KOR",
        "supplier_count_latest": 53,
        "buyer_market_hhi": 904.66,
        "distance_km": 8875.3896484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 3.330571356414807,
        "max_drawdown_pct": 99.99945846911604,
        "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"
      },
      {
        "hs_code": 851531,
        "corridor_rank": 76,
        "exporter_iso3": "KOR",
        "importer_iso3": "MEX",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 4994720.656343391,
        "exports_all_year_avg_usd": 1487316.9342072788,
        "exports_avg_3y_usd": 5224061.075230197,
        "exports_avg_5y_usd": 4233098.317024345,
        "exports_avg_10y_usd": 4080086.293733099,
        "exports_cagr_3y_pct": 17.00056171618156,
        "exports_cagr_5y_pct": 11.354534052399812,
        "exports_cagr_10y_pct": 23.352186399249277,
        "exports_historical_peak_usd": 9275039.496049093,
        "buyer_imports_latest_observed_usd": 122489639.87971894,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 44.827586206896555,
        "trend_acceleration_pct": -6.351624683067715,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -26.495,
        "buyer_yoy_all_avg_pct": 33.765,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 4.07766784296864,
        "market_share_change_1y_pp": -1.4882014080415154,
        "peer_best_share_pct": 38.70353593335342,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 93,
        "buyer_market_hhi": 2135.16,
        "distance_km": 12066.0078125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.1360029642040404,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.5065338021507253,
        "max_drawdown_pct": 99.97331897291869,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 851531,
      "num_markets": 91,
      "highest_price_importer_iso3": "SAU",
      "highest_price_usd_per_ton": 14592640.963855423,
      "lowest_price_importer_iso3": "KEN",
      "lowest_price_usd_per_ton": 250,
      "median_price_across_markets": 38725.72332499872,
      "price_spread_pct": 37681.39032908795,
      "avg_quantity_metric_tons": 33.12112400000001,
      "total_trade_value_usd": 201783790
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 26837656.778758075,
        "active_destinations": 60,
        "yoy_growth_pct": 91.87582922691264
      },
      {
        "year": 2011,
        "export_value_usd": 52094609.72927359,
        "active_destinations": 60,
        "yoy_growth_pct": 94.1101272690331
      },
      {
        "year": 2012,
        "export_value_usd": 32293996.822876144,
        "active_destinations": 53,
        "yoy_growth_pct": -38.00894758459216
      },
      {
        "year": 2013,
        "export_value_usd": 26318633.65508355,
        "active_destinations": 55,
        "yoy_growth_pct": -18.503015283508727
      },
      {
        "year": 2014,
        "export_value_usd": 37511405.92738647,
        "active_destinations": 62,
        "yoy_growth_pct": 42.52793826225471
      },
      {
        "year": 2015,
        "export_value_usd": 46529032.459995314,
        "active_destinations": 58,
        "yoy_growth_pct": 24.039692220720582
      },
      {
        "year": 2016,
        "export_value_usd": 98709153.88639864,
        "active_destinations": 48,
        "yoy_growth_pct": 112.1452965334422
      },
      {
        "year": 2017,
        "export_value_usd": 23199749.511010513,
        "active_destinations": 50,
        "yoy_growth_pct": -76.49686113436815
      },
      {
        "year": 2018,
        "export_value_usd": 24695083.953915782,
        "active_destinations": 42,
        "yoy_growth_pct": 6.445476672907996
      },
      {
        "year": 2019,
        "export_value_usd": 38365230.152695425,
        "active_destinations": 49,
        "yoy_growth_pct": 55.3557389166601
      },
      {
        "year": 2020,
        "export_value_usd": 42190090.17989479,
        "active_destinations": 50,
        "yoy_growth_pct": 9.969600109203677
      },
      {
        "year": 2021,
        "export_value_usd": 51365055.8677994,
        "active_destinations": 51,
        "yoy_growth_pct": 21.746731634806597
      },
      {
        "year": 2022,
        "export_value_usd": 31710796.310947046,
        "active_destinations": 56,
        "yoy_growth_pct": -38.26387263636474
      },
      {
        "year": 2023,
        "export_value_usd": 43721916.49857227,
        "active_destinations": 60,
        "yoy_growth_pct": 37.87706896366649
      },
      {
        "year": 2024,
        "export_value_usd": 37364451.47699244,
        "active_destinations": 66,
        "yoy_growth_pct": -14.54068240990174
      }
    ],
    "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": "851531",
    "hs_description": "Welding machines and apparatus: for arc (including plasma arc) welding of metals, fully or partly automatic, whether or not capable of cutting",
    "hs_chapter": 85,
    "hs_heading": 8515
  },
  "destinations": [
    {
      "hs_code": 851531,
      "corridor_rank": 24,
      "exporter_iso3": "KOR",
      "importer_iso3": "GBR",
      "latest_data_year": 2024,
      "lane_data_years": 19,
      "exports_latest_observed_usd": 14782856.372540021,
      "exports_all_year_avg_usd": 1004218.0489083222,
      "exports_avg_3y_usd": 6132395.742280032,
      "exports_avg_5y_usd": 4599503.8455806915,
      "exports_avg_10y_usd": 3073843.046703015,
      "exports_cagr_3y_pct": 2513.457800906366,
      "exports_cagr_5y_pct": 218.8820592761644,
      "exports_cagr_10y_pct": 96.87942021779546,
      "exports_historical_peak_usd": 14782856.372540021,
      "buyer_imports_latest_observed_usd": 75283553.54973494,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 50,
      "trend_acceleration_pct": 2416.5783806885706,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 58.8125,
      "buyer_yoy_all_avg_pct": 8.6223,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 19.63623617045914,
      "market_share_change_1y_pp": 12.01171982552862,
      "peer_best_share_pct": 19.63623617045913,
      "peer_top_exporter": "KOR",
      "supplier_count_latest": 53,
      "buyer_market_hhi": 904.66,
      "distance_km": 8875.3896484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": null,
      "tariff_advantage_pp": null,
      "volatility_cv": 3.330571356414807,
      "max_drawdown_pct": 99.99945846911604,
      "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"
    },
    {
      "hs_code": 851531,
      "corridor_rank": 76,
      "exporter_iso3": "KOR",
      "importer_iso3": "MEX",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 4994720.656343391,
      "exports_all_year_avg_usd": 1487316.9342072788,
      "exports_avg_3y_usd": 5224061.075230197,
      "exports_avg_5y_usd": 4233098.317024345,
      "exports_avg_10y_usd": 4080086.293733099,
      "exports_cagr_3y_pct": 17.00056171618156,
      "exports_cagr_5y_pct": 11.354534052399812,
      "exports_cagr_10y_pct": 23.352186399249277,
      "exports_historical_peak_usd": 9275039.496049093,
      "buyer_imports_latest_observed_usd": 122489639.87971894,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 44.827586206896555,
      "trend_acceleration_pct": -6.351624683067715,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -26.495,
      "buyer_yoy_all_avg_pct": 33.765,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 4.07766784296864,
      "market_share_change_1y_pp": -1.4882014080415154,
      "peer_best_share_pct": 38.70353593335342,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 93,
      "buyer_market_hhi": 2135.16,
      "distance_km": 12066.0078125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.1360029642040404,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.5065338021507253,
      "max_drawdown_pct": 99.97331897291869,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','long_distance_without_fta']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 851531,
    "num_markets": 91,
    "highest_price_importer_iso3": "SAU",
    "highest_price_usd_per_ton": 14592640.963855423,
    "lowest_price_importer_iso3": "KEN",
    "lowest_price_usd_per_ton": 250,
    "median_price_across_markets": 38725.72332499872,
    "price_spread_pct": 37681.39032908795,
    "avg_quantity_metric_tons": 33.12112400000001,
    "total_trade_value_usd": 201783790
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 26837656.778758075,
      "active_destinations": 60,
      "yoy_growth_pct": 91.87582922691264
    },
    {
      "year": 2011,
      "export_value_usd": 52094609.72927359,
      "active_destinations": 60,
      "yoy_growth_pct": 94.1101272690331
    },
    {
      "year": 2012,
      "export_value_usd": 32293996.822876144,
      "active_destinations": 53,
      "yoy_growth_pct": -38.00894758459216
    },
    {
      "year": 2013,
      "export_value_usd": 26318633.65508355,
      "active_destinations": 55,
      "yoy_growth_pct": -18.503015283508727
    },
    {
      "year": 2014,
      "export_value_usd": 37511405.92738647,
      "active_destinations": 62,
      "yoy_growth_pct": 42.52793826225471
    },
    {
      "year": 2015,
      "export_value_usd": 46529032.459995314,
      "active_destinations": 58,
      "yoy_growth_pct": 24.039692220720582
    },
    {
      "year": 2016,
      "export_value_usd": 98709153.88639864,
      "active_destinations": 48,
      "yoy_growth_pct": 112.1452965334422
    },
    {
      "year": 2017,
      "export_value_usd": 23199749.511010513,
      "active_destinations": 50,
      "yoy_growth_pct": -76.49686113436815
    },
    {
      "year": 2018,
      "export_value_usd": 24695083.953915782,
      "active_destinations": 42,
      "yoy_growth_pct": 6.445476672907996
    },
    {
      "year": 2019,
      "export_value_usd": 38365230.152695425,
      "active_destinations": 49,
      "yoy_growth_pct": 55.3557389166601
    },
    {
      "year": 2020,
      "export_value_usd": 42190090.17989479,
      "active_destinations": 50,
      "yoy_growth_pct": 9.969600109203677
    },
    {
      "year": 2021,
      "export_value_usd": 51365055.8677994,
      "active_destinations": 51,
      "yoy_growth_pct": 21.746731634806597
    },
    {
      "year": 2022,
      "export_value_usd": 31710796.310947046,
      "active_destinations": 56,
      "yoy_growth_pct": -38.26387263636474
    },
    {
      "year": 2023,
      "export_value_usd": 43721916.49857227,
      "active_destinations": 60,
      "yoy_growth_pct": 37.87706896366649
    },
    {
      "year": 2024,
      "export_value_usd": 37364451.47699244,
      "active_destinations": 66,
      "yoy_growth_pct": -14.54068240990174
    }
  ],
  "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
  }
}