{
  "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/851640",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851640",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/851640",
    "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": "851640",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 166,
    "current_lane_count": 78,
    "active_market_count": 78,
    "exports_latest_observed_lanes_usd": 3946061.446749245,
    "exports_current_2024_usd": 3870005.3713817867,
    "exports_avg_3y_usd": 4982567.393714506,
    "exports_avg_5y_usd": 4718290.6001840625,
    "exports_avg_10y_usd": 4769588.695798071,
    "exports_cagr_3y_pct": -5.422761065919013,
    "exports_cagr_5y_pct": 7.19088802078216,
    "exports_cagr_10y_pct": -1.3200898763012003,
    "exports_all_year_lane_avg_usd": 10608649.216816206,
    "exports_historical_lane_peak_usd": 66957792.35838738,
    "historical_peak_year": 2003,
    "positive_growth_year_share_pct": 51.724137931034484,
    "trend_acceleration_pct": -4.102671189617812,
    "trend_label": "Declining",
    "top_market_iso3": "GBR",
    "top_market_exports_usd": 2934029.1721318513,
    "top_market_share_pct": 74.3533574356501,
    "destination_hhi": 5616.860978861981,
    "weighted_share_latest_pct": 3.1581784238808597,
    "weighted_share_change_1y_pp": -1.412172134523002,
    "weighted_volatility_cv": 1.5236419287334866,
    "weighted_max_drawdown_pct": 98.6892004461648,
    "limited_history_lane_share_pct": 22.289156626506024,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 851640,
      "hs_description": "Smoothing irons: electric",
      "hs_chapter": 85,
      "hs_heading": 8516,
      "substitution_elasticity": -4.5522614,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Smoothing irons: electric",
    "hs_chapter": 85,
    "hs_heading": 8516,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 851640,
      "num_markets": 114,
      "highest_price_importer_iso3": "KWT",
      "highest_price_usd_per_ton": 233125,
      "lowest_price_importer_iso3": "CMR",
      "lowest_price_usd_per_ton": 149.04838339830314,
      "median_price_across_markets": 17043.103448275862,
      "price_spread_pct": 1366.9807985597265,
      "avg_quantity_metric_tons": 2.684843930635838,
      "total_trade_value_usd": 20499462
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 7189862.327962923,
        "active_destinations": 82,
        "yoy_growth_pct": -55.8177360764356
      },
      {
        "year": 2011,
        "export_value_usd": 8471816.685663644,
        "active_destinations": 81,
        "yoy_growth_pct": 17.83002649042284
      },
      {
        "year": 2012,
        "export_value_usd": 7069378.822381987,
        "active_destinations": 77,
        "yoy_growth_pct": -16.554157335048572
      },
      {
        "year": 2013,
        "export_value_usd": 5239646.829924644,
        "active_destinations": 86,
        "yoy_growth_pct": -25.882500265289583
      },
      {
        "year": 2014,
        "export_value_usd": 4420018.785182963,
        "active_destinations": 78,
        "yoy_growth_pct": -15.642810886806824
      },
      {
        "year": 2015,
        "export_value_usd": 4585974.658143022,
        "active_destinations": 85,
        "yoy_growth_pct": 3.7546418018942735
      },
      {
        "year": 2016,
        "export_value_usd": 8430198.906737283,
        "active_destinations": 82,
        "yoy_growth_pct": 83.82567578667967
      },
      {
        "year": 2017,
        "export_value_usd": 4352361.178976245,
        "active_destinations": 84,
        "yoy_growth_pct": -48.37178544508711
      },
      {
        "year": 2018,
        "export_value_usd": 4001120.293540097,
        "active_destinations": 79,
        "yoy_growth_pct": -8.070122652798007
      },
      {
        "year": 2019,
        "export_value_usd": 2734778.919663747,
        "active_destinations": 80,
        "yoy_growth_pct": -31.649670116664275
      },
      {
        "year": 2020,
        "export_value_usd": 4069166.1074945205,
        "active_destinations": 78,
        "yoy_growth_pct": 48.79323802871943
      },
      {
        "year": 2021,
        "export_value_usd": 4574584.712282271,
        "active_destinations": 84,
        "yoy_growth_pct": 12.42069238355444
      },
      {
        "year": 2022,
        "export_value_usd": 5527202.601779434,
        "active_destinations": 80,
        "yoy_growth_pct": 20.824139226004178
      },
      {
        "year": 2023,
        "export_value_usd": 5550494.207982302,
        "active_destinations": 76,
        "yoy_growth_pct": 0.42139953754127424
      },
      {
        "year": 2024,
        "export_value_usd": 3870005.3713817867,
        "active_destinations": 78,
        "yoy_growth_pct": -30.276382131590424
      }
    ],
    "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": "851640",
    "hs_description": "Smoothing irons: electric",
    "hs_chapter": 85,
    "hs_heading": 8516
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 851640,
    "num_markets": 114,
    "highest_price_importer_iso3": "KWT",
    "highest_price_usd_per_ton": 233125,
    "lowest_price_importer_iso3": "CMR",
    "lowest_price_usd_per_ton": 149.04838339830314,
    "median_price_across_markets": 17043.103448275862,
    "price_spread_pct": 1366.9807985597265,
    "avg_quantity_metric_tons": 2.684843930635838,
    "total_trade_value_usd": 20499462
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 7189862.327962923,
      "active_destinations": 82,
      "yoy_growth_pct": -55.8177360764356
    },
    {
      "year": 2011,
      "export_value_usd": 8471816.685663644,
      "active_destinations": 81,
      "yoy_growth_pct": 17.83002649042284
    },
    {
      "year": 2012,
      "export_value_usd": 7069378.822381987,
      "active_destinations": 77,
      "yoy_growth_pct": -16.554157335048572
    },
    {
      "year": 2013,
      "export_value_usd": 5239646.829924644,
      "active_destinations": 86,
      "yoy_growth_pct": -25.882500265289583
    },
    {
      "year": 2014,
      "export_value_usd": 4420018.785182963,
      "active_destinations": 78,
      "yoy_growth_pct": -15.642810886806824
    },
    {
      "year": 2015,
      "export_value_usd": 4585974.658143022,
      "active_destinations": 85,
      "yoy_growth_pct": 3.7546418018942735
    },
    {
      "year": 2016,
      "export_value_usd": 8430198.906737283,
      "active_destinations": 82,
      "yoy_growth_pct": 83.82567578667967
    },
    {
      "year": 2017,
      "export_value_usd": 4352361.178976245,
      "active_destinations": 84,
      "yoy_growth_pct": -48.37178544508711
    },
    {
      "year": 2018,
      "export_value_usd": 4001120.293540097,
      "active_destinations": 79,
      "yoy_growth_pct": -8.070122652798007
    },
    {
      "year": 2019,
      "export_value_usd": 2734778.919663747,
      "active_destinations": 80,
      "yoy_growth_pct": -31.649670116664275
    },
    {
      "year": 2020,
      "export_value_usd": 4069166.1074945205,
      "active_destinations": 78,
      "yoy_growth_pct": 48.79323802871943
    },
    {
      "year": 2021,
      "export_value_usd": 4574584.712282271,
      "active_destinations": 84,
      "yoy_growth_pct": 12.42069238355444
    },
    {
      "year": 2022,
      "export_value_usd": 5527202.601779434,
      "active_destinations": 80,
      "yoy_growth_pct": 20.824139226004178
    },
    {
      "year": 2023,
      "export_value_usd": 5550494.207982302,
      "active_destinations": 76,
      "yoy_growth_pct": 0.42139953754127424
    },
    {
      "year": 2024,
      "export_value_usd": 3870005.3713817867,
      "active_destinations": 78,
      "yoy_growth_pct": -30.276382131590424
    }
  ],
  "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
  }
}