{
  "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/851610",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851610",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/851610",
    "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": "851610",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 175,
    "current_lane_count": 112,
    "active_market_count": 112,
    "exports_latest_observed_lanes_usd": 42618813.543652765,
    "exports_current_2024_usd": 42261062.79102867,
    "exports_avg_3y_usd": 43186454.983742334,
    "exports_avg_5y_usd": 44486147.9163167,
    "exports_avg_10y_usd": 36074889.02429936,
    "exports_cagr_3y_pct": -6.646597621292905,
    "exports_cagr_5y_pct": 8.86442114073056,
    "exports_cagr_10y_pct": 6.306920447399178,
    "exports_all_year_lane_avg_usd": 24321958.563462097,
    "exports_historical_lane_peak_usd": 107916785.71641625,
    "historical_peak_year": 2021,
    "positive_growth_year_share_pct": 55.172413793103445,
    "trend_acceleration_pct": -12.953518068692084,
    "trend_label": "Declining",
    "top_market_iso3": "JPN",
    "top_market_exports_usd": 14623398.833322896,
    "top_market_share_pct": 34.312073981939285,
    "destination_hhi": 2287.137978246509,
    "weighted_share_latest_pct": 14.679263132250982,
    "weighted_share_change_1y_pp": -0.34922389720384117,
    "weighted_volatility_cv": 1.3118239331442205,
    "weighted_max_drawdown_pct": 79.55346108281226,
    "limited_history_lane_share_pct": 17.714285714285715,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 851610,
      "hs_description": "Heaters: electric, instantaneous or storage water and immersion heaters",
      "hs_chapter": 85,
      "hs_heading": 8516,
      "substitution_elasticity": -3.2050343,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Heaters: electric, instantaneous or storage water and immersion heaters",
    "hs_chapter": 85,
    "hs_heading": 8516,
    "destinations": [
      {
        "hs_code": 851610,
        "corridor_rank": 43,
        "exporter_iso3": "KOR",
        "importer_iso3": "JPN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 14623398.833322896,
        "exports_all_year_avg_usd": 9294682.125480758,
        "exports_avg_3y_usd": 18008741.296371263,
        "exports_avg_5y_usd": 21281160.11554388,
        "exports_avg_10y_usd": 15046972.030285943,
        "exports_cagr_3y_pct": -22.312354800708288,
        "exports_cagr_5y_pct": 3.8198910168573796,
        "exports_cagr_10y_pct": 5.840397153342347,
        "exports_historical_peak_usd": 31188353.776824012,
        "buyer_imports_latest_observed_usd": 40621836.19784984,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 55.172413793103445,
        "trend_acceleration_pct": -28.152751954050636,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -11.1363,
        "buyer_yoy_all_avg_pct": 11.858,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 35.99886219347448,
        "market_share_change_1y_pp": -0.9872878513635612,
        "peer_best_share_pct": 44.05245422256588,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 39,
        "buyer_market_hhi": 3331.21,
        "distance_km": 1156.6695556640625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019192582961135757,
        "tariff_advantage_pp": 0.025107009371248486,
        "volatility_cv": 0.7840228600256945,
        "max_drawdown_pct": 58.989455444032046,
        "attention_level": "Critical attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','buyer_macro_weakness']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851610,
        "corridor_rank": 66,
        "exporter_iso3": "KOR",
        "importer_iso3": "ESP",
        "latest_data_year": 2024,
        "lane_data_years": 28,
        "exports_latest_observed_usd": 10873868.568230828,
        "exports_all_year_avg_usd": 1245217.7340549885,
        "exports_avg_3y_usd": 9063417.543375418,
        "exports_avg_5y_usd": 6430747.636518316,
        "exports_avg_10y_usd": 3682845.179422738,
        "exports_cagr_3y_pct": 30.272914990020183,
        "exports_cagr_5y_pct": 95.33313269302934,
        "exports_cagr_10y_pct": 150.85263654622105,
        "exports_historical_peak_usd": 10873868.568230828,
        "buyer_imports_latest_observed_usd": 164387148.4205328,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 62.96296296296296,
        "trend_acceleration_pct": -120.57972155620087,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 12.5578,
        "buyer_yoy_all_avg_pct": 9.8098,
        "buyer_trend_consistency_pct": 79.3103,
        "market_share_latest_pct": 6.614792380492822,
        "market_share_change_1y_pp": 0.8016420666365267,
        "peer_best_share_pct": 39.34504109160003,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 59,
        "buyer_market_hhi": 2153.01,
        "distance_km": 10012.6416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.017017810458070715,
        "tariff_advantage_pp": 0.044109323943012604,
        "volatility_cv": 2.3170141984579296,
        "max_drawdown_pct": 99.91206643684534,
        "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": 851610,
        "corridor_rank": 85,
        "exporter_iso3": "KOR",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 8965823.38504243,
        "exports_all_year_avg_usd": 4843123.529139582,
        "exports_avg_3y_usd": 8423235.344315149,
        "exports_avg_5y_usd": 9989958.267508358,
        "exports_avg_10y_usd": 10895567.517783439,
        "exports_cagr_3y_pct": -5.318926470743057,
        "exports_cagr_5y_pct": 3.5084311557329384,
        "exports_cagr_10y_pct": 6.756044057198918,
        "exports_historical_peak_usd": 24070702.53478852,
        "buyer_imports_latest_observed_usd": 896356593.752699,
        "historical_peak_year": 2018,
        "positive_growth_year_share_pct": 48.275862068965516,
        "trend_acceleration_pct": -12.074970527941975,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 16.8692,
        "buyer_yoy_all_avg_pct": 12.107,
        "buyer_trend_consistency_pct": 86.2069,
        "market_share_latest_pct": 1.0002518470362325,
        "market_share_change_1y_pp": 0.13566687195549387,
        "peer_best_share_pct": 67.96469270956104,
        "peer_top_exporter": "MEX",
        "supplier_count_latest": 70,
        "buyer_market_hhi": 4936.43,
        "distance_km": 11065.7021484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.04295669226020202,
        "tariff_advantage_pp": 0.03830231714616161,
        "volatility_cv": 1.0880529106914252,
        "max_drawdown_pct": 73.70107576000339,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 851610,
      "num_markets": 143,
      "highest_price_importer_iso3": "BHR",
      "highest_price_usd_per_ton": 707000,
      "lowest_price_importer_iso3": "COD",
      "lowest_price_usd_per_ton": 20,
      "median_price_across_markets": 10710.785154240642,
      "price_spread_pct": 6600.636552961671,
      "avg_quantity_metric_tons": 34.73612574850299,
      "total_trade_value_usd": 173052206
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 15007485.354249818,
        "active_destinations": 93,
        "yoy_growth_pct": -24.48163132122193
      },
      {
        "year": 2011,
        "export_value_usd": 23828473.14012847,
        "active_destinations": 95,
        "yoy_growth_pct": 58.777254001322255
      },
      {
        "year": 2012,
        "export_value_usd": 23965268.39796333,
        "active_destinations": 100,
        "yoy_growth_pct": 0.5740831862386029
      },
      {
        "year": 2013,
        "export_value_usd": 23278603.070272084,
        "active_destinations": 100,
        "yoy_growth_pct": -2.865251981695317
      },
      {
        "year": 2014,
        "export_value_usd": 22925828.531994663,
        "active_destinations": 106,
        "yoy_growth_pct": -1.5154454810389009
      },
      {
        "year": 2015,
        "export_value_usd": 20924578.010573808,
        "active_destinations": 111,
        "yoy_growth_pct": -8.72923968103471
      },
      {
        "year": 2016,
        "export_value_usd": 23774321.661580488,
        "active_destinations": 115,
        "yoy_growth_pct": 13.619121253325254
      },
      {
        "year": 2017,
        "export_value_usd": 25845891.54156656,
        "active_destinations": 115,
        "yoy_growth_pct": 8.713476285355998
      },
      {
        "year": 2018,
        "export_value_usd": 40135107.19588809,
        "active_destinations": 113,
        "yoy_growth_pct": 55.286216888053374
      },
      {
        "year": 2019,
        "export_value_usd": 27638252.251801148,
        "active_destinations": 110,
        "yoy_growth_pct": -31.136966653890646
      },
      {
        "year": 2020,
        "export_value_usd": 40925631.730486535,
        "active_destinations": 100,
        "yoy_growth_pct": 48.07604821618005
      },
      {
        "year": 2021,
        "export_value_usd": 51945742.89986997,
        "active_destinations": 104,
        "yoy_growth_pct": 26.927162033699965
      },
      {
        "year": 2022,
        "export_value_usd": 46322306.76346621,
        "active_destinations": 109,
        "yoy_growth_pct": -10.825595751404373
      },
      {
        "year": 2023,
        "export_value_usd": 40975995.39673214,
        "active_destinations": 101,
        "yoy_growth_pct": -11.541548209232614
      },
      {
        "year": 2024,
        "export_value_usd": 42261062.79102867,
        "active_destinations": 112,
        "yoy_growth_pct": 3.1361468631925398
      }
    ],
    "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": "851610",
    "hs_description": "Heaters: electric, instantaneous or storage water and immersion heaters",
    "hs_chapter": 85,
    "hs_heading": 8516
  },
  "destinations": [
    {
      "hs_code": 851610,
      "corridor_rank": 43,
      "exporter_iso3": "KOR",
      "importer_iso3": "JPN",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 14623398.833322896,
      "exports_all_year_avg_usd": 9294682.125480758,
      "exports_avg_3y_usd": 18008741.296371263,
      "exports_avg_5y_usd": 21281160.11554388,
      "exports_avg_10y_usd": 15046972.030285943,
      "exports_cagr_3y_pct": -22.312354800708288,
      "exports_cagr_5y_pct": 3.8198910168573796,
      "exports_cagr_10y_pct": 5.840397153342347,
      "exports_historical_peak_usd": 31188353.776824012,
      "buyer_imports_latest_observed_usd": 40621836.19784984,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 55.172413793103445,
      "trend_acceleration_pct": -28.152751954050636,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -11.1363,
      "buyer_yoy_all_avg_pct": 11.858,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 35.99886219347448,
      "market_share_change_1y_pp": -0.9872878513635612,
      "peer_best_share_pct": 44.05245422256588,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 39,
      "buyer_market_hhi": 3331.21,
      "distance_km": 1156.6695556640625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.019192582961135757,
      "tariff_advantage_pp": 0.025107009371248486,
      "volatility_cv": 0.7840228600256945,
      "max_drawdown_pct": 58.989455444032046,
      "attention_level": "Critical attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','buyer_macro_weakness']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 851610,
      "corridor_rank": 66,
      "exporter_iso3": "KOR",
      "importer_iso3": "ESP",
      "latest_data_year": 2024,
      "lane_data_years": 28,
      "exports_latest_observed_usd": 10873868.568230828,
      "exports_all_year_avg_usd": 1245217.7340549885,
      "exports_avg_3y_usd": 9063417.543375418,
      "exports_avg_5y_usd": 6430747.636518316,
      "exports_avg_10y_usd": 3682845.179422738,
      "exports_cagr_3y_pct": 30.272914990020183,
      "exports_cagr_5y_pct": 95.33313269302934,
      "exports_cagr_10y_pct": 150.85263654622105,
      "exports_historical_peak_usd": 10873868.568230828,
      "buyer_imports_latest_observed_usd": 164387148.4205328,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 62.96296296296296,
      "trend_acceleration_pct": -120.57972155620087,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 12.5578,
      "buyer_yoy_all_avg_pct": 9.8098,
      "buyer_trend_consistency_pct": 79.3103,
      "market_share_latest_pct": 6.614792380492822,
      "market_share_change_1y_pp": 0.8016420666365267,
      "peer_best_share_pct": 39.34504109160003,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 59,
      "buyer_market_hhi": 2153.01,
      "distance_km": 10012.6416015625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.017017810458070715,
      "tariff_advantage_pp": 0.044109323943012604,
      "volatility_cv": 2.3170141984579296,
      "max_drawdown_pct": 99.91206643684534,
      "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": 851610,
      "corridor_rank": 85,
      "exporter_iso3": "KOR",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 8965823.38504243,
      "exports_all_year_avg_usd": 4843123.529139582,
      "exports_avg_3y_usd": 8423235.344315149,
      "exports_avg_5y_usd": 9989958.267508358,
      "exports_avg_10y_usd": 10895567.517783439,
      "exports_cagr_3y_pct": -5.318926470743057,
      "exports_cagr_5y_pct": 3.5084311557329384,
      "exports_cagr_10y_pct": 6.756044057198918,
      "exports_historical_peak_usd": 24070702.53478852,
      "buyer_imports_latest_observed_usd": 896356593.752699,
      "historical_peak_year": 2018,
      "positive_growth_year_share_pct": 48.275862068965516,
      "trend_acceleration_pct": -12.074970527941975,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": 16.8692,
      "buyer_yoy_all_avg_pct": 12.107,
      "buyer_trend_consistency_pct": 86.2069,
      "market_share_latest_pct": 1.0002518470362325,
      "market_share_change_1y_pp": 0.13566687195549387,
      "peer_best_share_pct": 67.96469270956104,
      "peer_top_exporter": "MEX",
      "supplier_count_latest": 70,
      "buyer_market_hhi": 4936.43,
      "distance_km": 11065.7021484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.04295669226020202,
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      "volatility_cv": 1.0880529106914252,
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      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
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}