T3 · Product exporter position

Republic of Korea exports of Welding machines and apparatus: n.e.c. in heading no. 8515, whether or not capable of cutting (HS 851580)

See where Republic of Korea stands in welding machines and apparatus: n.e.c. in heading no. 8515, whether or not capable of cutting: export scale, destination breadth, market position, growth, and reported trade history.

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Exporter KORHS6 851580Latest year 2024Rapid growth

Latest exports

$347.8MLatest observed lane total

Destination markets

97Reported active markets

Three-year growth

+12.1%Annualized change

Destination HHI

3,609Destination concentration

Weighted share

25.9%Reported market position

Exporter evidence

How strong is Republic of Korea in Welding machines and apparatus: n.e.c. in heading no. 8515, whether or not capable of cutting?

Reported exporter totals and calculated indicators for HS 851580. Values retain their observed coverage period.

Exporter scale

Latest exports$347.8M

Current 2024 exports$347.4M

Three-year average$324.3M

Historical peak$621.7M

Market position

Active destinations97

Destination HHI3,609

Weighted share25.9%

Share change+4.5 pp

Competitiveness

Three-year growth+12.1%

Volatility1.8

Maximum drawdown77.5%

TrendRapid growth

Measure	Value	What it describes
Exporter	Republic of Korea	Country represented by this profile
Latest observed exports	$347.8M	Sum of latest observed destination-lane values
Current 2024 exports	$347.4M	Common-year comparison where reported
Three-year growth	+12.1%	Annualized change in exporter totals
Five-year growth	+14.2%	Annualized change in exporter totals
Leading destination	USA	Destination with the largest observed export value
Leading destination share	57.2%	Share of observed exporter totals
Destination concentration	3,609	HHI across destination markets
Weighted share change	+4.5 pp	Value-weighted latest change in market share
Limited-history lanes	23.7%	Share of lanes with shorter history

Destination markets

Where does Republic of Korea sell welding machines and apparatus: n.e.c. in heading no. 8515, whether or not capable of cutting?

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

Destination	Latest exports	Market share	Growth	Access	Signal
USA, Puerto Rico and US Virgin Islands	$199.1M	33.5%	+109.2%	FTA reported	Accelerating
China	$56.3M	21.9%	-19.3%	FTA reported	Growing
Mexico	$17.3M	6.7%	+29.9%	0.1% tariff	Accelerating
Viet Nam	$15.2M	15.2%	-14.9%	FTA reported	Growing
Malaysia	$14.6M	35%	+48.2%	FTA reported	Stable
United Kingdom	$5.5M	7.1%	-3%	FTA reported	Accelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports: $199.1M
Market share: 33.5%
Growth: +109.2%
Access: FTA reported
Signal: Accelerating

Destination

China

Latest exports: $56.3M
Market share: 21.9%
Growth: -19.3%
Access: FTA reported
Signal: Growing

Destination

Mexico

Latest exports: $17.3M
Market share: 6.7%
Growth: +29.9%
Access: 0.1% tariff
Signal: Accelerating

Destination

Viet Nam

Latest exports: $15.2M
Market share: 15.2%
Growth: -14.9%
Access: FTA reported
Signal: Growing

Destination

Malaysia

Latest exports: $14.6M
Market share: 35%
Growth: +48.2%
Access: FTA reported
Signal: Stable

Destination

United Kingdom

Latest exports: $5.5M
Market share: 7.1%
Growth: -3%
Access: FTA reported
Signal: Accelerating

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

Canada: $22.7M / ton.

Lowest reported price

Uganda: $133.3 / ton.

Median price

$125.5K / ton across reported markets.

Export trend

Reported export history

Annual observations for Republic of Korea and HS 851580 where available.

Year	Exports	Year-on-year change	Active destinations
2010	$56.8M	+47.1%	100
2011	$90.3M	+59.1%	107
2012	$77.6M	-14.1%	101
2013	$88.4M	+14%	109
2014	$97.1M	+9.8%	116
2015	$128.2M	+32.1%	122
2016	$201.8M	+57.5%	121
2017	$268.9M	+33.2%	119
2018	$244.4M	-9.1%	114
2019	$178.5M	-27%	119
2020	$176.7M	-1%	100
2021	$246.7M	+39.6%	100
2022	$271.6M	+10.1%	98
2023	$353.9M	+30.3%	92
2024	$347.4M	-1.8%	97

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 851580.

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 welding machines and apparatus: n.e.c. in heading no. 8515, whether or not capable of cutting 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.