# Republic of Korea HS 851580 exports | Yugalinks

Explore reported HS 851580 exports from Republic of Korea: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Republic of Korea |
| HS6 | 851580 |
| Latest exports | $347.8M |
| Active destinations | 97 |
| Three-year growth | +12.1% |
| Destination HHI | 3,609 |
| Weighted share | 25.9% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $199.1M; share 33.5%; growth +109.2%
- China: $56.3M; share 21.9%; growth -19.3%
- Mexico: $17.3M; share 6.7%; growth +29.9%
- Viet Nam: $15.2M; share 15.2%; growth -14.9%
- Malaysia: $14.6M; share 35%; growth +48.2%
- United Kingdom: $5.5M; share 7.1%; growth -3%

## Price intelligence

- Highest reported market price: Canada at $22.7M / ton.
- Lowest reported market price: Uganda at $133.3 / ton.
- Median reported price: $125.5K / ton.
- Price spread: 18,099.6%.

## Export history

- 2010: $56.8M
- 2011: $90.3M
- 2012: $77.6M
- 2013: $88.4M
- 2014: $97.1M
- 2015: $128.2M
- 2016: $201.8M
- 2017: $268.9M
- 2018: $244.4M
- 2019: $178.5M
- 2020: $176.7M
- 2021: $246.7M
- 2022: $271.6M
- 2023: $353.9M
- 2024: $347.4M

## 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/851580",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851580",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/851580",
    "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": "851580",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 173,
    "current_lane_count": 97,
    "active_market_count": 97,
    "exports_latest_observed_lanes_usd": 347845713.6885645,
    "exports_current_2024_usd": 347431430.0936556,
    "exports_avg_3y_usd": 324311041.4050334,
    "exports_avg_5y_usd": 279266181.19092494,
    "exports_avg_10y_usd": 241817496.43171424,
    "exports_cagr_3y_pct": 12.086630016672428,
    "exports_cagr_5y_pct": 14.249008405137031,
    "exports_cagr_10y_pct": 13.602314808539106,
    "exports_all_year_lane_avg_usd": 114388452.55730008,
    "exports_historical_lane_peak_usd": 621696950.5461768,
    "historical_peak_year": 2023,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": -1.5156847918666774,
    "trend_label": "Rapid growth",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 199085156.55555025,
    "top_market_share_pct": 57.23375298906126,
    "destination_hhi": 3609.274198957798,
    "weighted_share_latest_pct": 25.87944236317207,
    "weighted_share_change_1y_pp": 4.458479917505662,
    "weighted_volatility_cv": 1.8349777245652368,
    "weighted_max_drawdown_pct": 77.5449046773509,
    "limited_history_lane_share_pct": 23.69942196531792,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 851580,
      "hs_description": "Welding machines and apparatus: n.e.c. in heading no. 8515, whether or not capable of cutting",
      "hs_chapter": 85,
      "hs_heading": 8515,
      "substitution_elasticity": -5.0820112,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Welding machines and apparatus: n.e.c. in heading no. 8515, whether or not capable of cutting",
    "hs_chapter": 85,
    "hs_heading": 8515,
    "destinations": [
      {
        "hs_code": 851580,
        "corridor_rank": 1,
        "exporter_iso3": "KOR",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 199085156.55555025,
        "exports_all_year_avg_usd": 17948255.607650686,
        "exports_avg_3y_usd": 129569003.54957135,
        "exports_avg_5y_usd": 88078137.06896505,
        "exports_avg_10y_usd": 50665226.767408535,
        "exports_cagr_3y_pct": 109.20022717575723,
        "exports_cagr_5y_pct": 63.77537240417384,
        "exports_cagr_10y_pct": 40.82211978866077,
        "exports_historical_peak_usd": 199085156.55555025,
        "buyer_imports_latest_observed_usd": 594568469.9353623,
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        "buyer_yoy_all_avg_pct": 7.7988,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 33.48397478547652,
        "market_share_change_1y_pp": 8.025473386924737,
        "peer_best_share_pct": 33.48397478547652,
        "peer_top_exporter": "KOR",
        "supplier_count_latest": 60,
        "buyer_market_hhi": 1739.73,
        "distance_km": 11065.7021484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.04295669226020202,
        "tariff_advantage_pp": 0.03830231714616161,
        "volatility_cv": 2.335042017948135,
        "max_drawdown_pct": 78.18682088358825,
        "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"
      },
      {
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        "corridor_rank": 8,
        "exporter_iso3": "KOR",
        "importer_iso3": "CHN",
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        "exports_latest_observed_usd": 56262992.608111516,
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        "exports_avg_3y_usd": 76181962.07226373,
        "exports_avg_5y_usd": 79604946.28140482,
        "exports_avg_10y_usd": 84488874.43325269,
        "exports_cagr_3y_pct": -19.260249618443847,
        "exports_cagr_5y_pct": -6.230380213902742,
        "exports_cagr_10y_pct": 5.044576519050348,
        "exports_historical_peak_usd": 117415590.48962303,
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        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -21.0978,
        "buyer_yoy_all_avg_pct": 9.213,
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        "market_share_change_1y_pp": -5.359790911918122,
        "peer_best_share_pct": 35.223276497820954,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 58,
        "buyer_market_hhi": 2079.23,
        "distance_km": 955.6510620117188,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.29886233885252517,
        "tariff_advantage_pp": 0.19096898705858587,
        "volatility_cv": 0.8006946090104704,
        "max_drawdown_pct": 52.08217888825936,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
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        "importer_iso3": "MEX",
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        "exports_avg_3y_usd": 12456240.360975498,
        "exports_avg_5y_usd": 9519752.646111434,
        "exports_avg_10y_usd": 7490537.925248387,
        "exports_cagr_3y_pct": 29.86374196765076,
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        "exports_historical_peak_usd": 17341830.614058968,
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        "peer_top_exporter": "USA",
        "supplier_count_latest": 100,
        "buyer_market_hhi": 2257.53,
        "distance_km": 12066.0078125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.1360029642040404,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.3397907803114024,
        "max_drawdown_pct": 84.06347582725327,
        "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": "Accelerating",
        "confidence_label": "High",
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        "exporter_iso3": "KOR",
        "importer_iso3": "VNM",
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        "exports_avg_10y_usd": 27154993.90222594,
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        "peer_top_exporter": "CHN",
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        "buyer_market_hhi": 4598.26,
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        "signal_flag": "Growing",
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      },
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        "exporter_iso3": "KOR",
        "importer_iso3": "MYS",
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        "exports_all_year_avg_usd": 2398909.8726136154,
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        "exports_avg_5y_usd": 5480757.489214869,
        "exports_avg_10y_usd": 3234350.9544329117,
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        "market_share_change_1y_pp": 18.600678803058244,
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        "buyer_market_hhi": 2787.16,
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        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
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        "importer_iso3": "GBR",
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        "exports_latest_observed_usd": 5469840.948355757,
        "exports_all_year_avg_usd": 987367.4648647096,
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        "supplier_count_latest": 62,
        "buyer_market_hhi": 1310,
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        "has_reported_fta": 1,
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        "volatility_cv": 1.8696720012884191,
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        "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"
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    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 851580,
      "num_markets": 145,
      "highest_price_importer_iso3": "CAN",
      "highest_price_usd_per_ton": 22708333.333333332,
      "lowest_price_importer_iso3": "UGA",
      "lowest_price_usd_per_ton": 133.33333333333334,
      "median_price_across_markets": 125462.45059288538,
      "price_spread_pct": 18099.598639027157,
      "avg_quantity_metric_tons": 39.08293650793651,
      "total_trade_value_usd": 1262082148
    },
    "history": [
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        "year": 2010,
        "export_value_usd": 56789086.127963595,
        "active_destinations": 100,
        "yoy_growth_pct": 47.08500866993251
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        "export_value_usd": 77557582.4307342,
        "active_destinations": 101,
        "yoy_growth_pct": -14.139034249141991
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      {
        "year": 2013,
        "export_value_usd": 88393133.91817953,
        "active_destinations": 109,
        "yoy_growth_pct": 13.970976335063606
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      {
        "year": 2014,
        "export_value_usd": 97050392.39108545,
        "active_destinations": 116,
        "yoy_growth_pct": 9.794039524517197
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      {
        "year": 2015,
        "export_value_usd": 128166992.49979275,
        "active_destinations": 122,
        "yoy_growth_pct": 32.062312518342296
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        "year": 2016,
        "export_value_usd": 201838030.89455464,
        "active_destinations": 121,
        "yoy_growth_pct": 57.48050801370018
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        "export_value_usd": 268944308.2796425,
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        "yoy_growth_pct": 33.24758822094629
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      {
        "year": 2018,
        "export_value_usd": 244407596.44289258,
        "active_destinations": 114,
        "yoy_growth_pct": -9.12334304217258
      },
      {
        "year": 2019,
        "export_value_usd": 178487130.24563554,
        "active_destinations": 119,
        "yoy_growth_pct": -26.971529181851672
      },
      {
        "year": 2020,
        "export_value_usd": 176675900.28481394,
        "active_destinations": 100,
        "yoy_growth_pct": -1.0147678201386108
      },
      {
        "year": 2021,
        "export_value_usd": 246721881.45471048,
        "active_destinations": 100,
        "yoy_growth_pct": 39.646596427117395
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      {
        "year": 2022,
        "export_value_usd": 271606771.6959378,
        "active_destinations": 98,
        "yoy_growth_pct": 10.086211281505376
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      {
        "year": 2023,
        "export_value_usd": 353894922.42550683,
        "active_destinations": 92,
        "yoy_growth_pct": 30.296796436905527
      },
      {
        "year": 2024,
        "export_value_usd": 347431430.0936556,
        "active_destinations": 97,
        "yoy_growth_pct": -1.8263874167936889
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    ],
    "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,
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}
```