{
  "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/940171",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/940171",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/940171",
    "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": "940171",
    "exporter_iso3": "KOR",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 155,
    "current_lane_count": 78,
    "active_market_count": 78,
    "exports_latest_observed_lanes_usd": 6613271.475659463,
    "exports_current_2024_usd": 6205907.643952126,
    "exports_avg_3y_usd": 5816991.091150458,
    "exports_avg_5y_usd": 5359095.809137632,
    "exports_avg_10y_usd": 7876452.8237710865,
    "exports_cagr_3y_pct": 12.482863178774517,
    "exports_cagr_5y_pct": -7.380802288390909,
    "exports_cagr_10y_pct": -4.479110434951517,
    "exports_all_year_lane_avg_usd": 6157224.57305743,
    "exports_historical_lane_peak_usd": 29542815.945217144,
    "historical_peak_year": 2017,
    "positive_growth_year_share_pct": 51.724137931034484,
    "trend_acceleration_pct": 16.961973613726034,
    "trend_label": "Rapid growth",
    "top_market_iso3": "JPN",
    "top_market_exports_usd": 1290279.6704146604,
    "top_market_share_pct": 19.5104597650892,
    "destination_hhi": 872.0470503266649,
    "weighted_share_latest_pct": 0.3676180934229026,
    "weighted_share_change_1y_pp": 0.11600780267419278,
    "weighted_volatility_cv": 1.1500964766308515,
    "weighted_max_drawdown_pct": 91.84641258914749,
    "limited_history_lane_share_pct": 24.516129032258064,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:10",
    "source": "api",
    "product": {
      "hs_code": 940171,
      "hs_description": "Seats: with metal frames, upholstered, (excluding medical, surgical, dental, veterinary or barber furniture)",
      "hs_chapter": 94,
      "hs_heading": 9401,
      "substitution_elasticity": -7.3398867,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Seats: with metal frames, upholstered, (excluding medical, surgical, dental, veterinary or barber furniture)",
    "hs_chapter": 94,
    "hs_heading": 9401,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "KOR",
      "hs_code": 940171,
      "num_markets": 122,
      "highest_price_importer_iso3": "SRB",
      "highest_price_usd_per_ton": 927722.2222222222,
      "lowest_price_importer_iso3": "SLB",
      "lowest_price_usd_per_ton": 100,
      "median_price_across_markets": 7868.852459016394,
      "price_spread_pct": 11788.532407407407,
      "avg_quantity_metric_tons": 13.083446043165464,
      "total_trade_value_usd": 46460497
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 9032842.430522684,
        "active_destinations": 76,
        "yoy_growth_pct": 176.49380547686746
      },
      {
        "year": 2011,
        "export_value_usd": 9842368.46950521,
        "active_destinations": 73,
        "yoy_growth_pct": 8.962029894898569
      },
      {
        "year": 2012,
        "export_value_usd": 8667188.738809416,
        "active_destinations": 85,
        "yoy_growth_pct": -11.94000950418463
      },
      {
        "year": 2013,
        "export_value_usd": 8403907.958680298,
        "active_destinations": 77,
        "yoy_growth_pct": -3.0376721687185033
      },
      {
        "year": 2014,
        "export_value_usd": 9813450.251949871,
        "active_destinations": 84,
        "yoy_growth_pct": 16.77246229016196
      },
      {
        "year": 2015,
        "export_value_usd": 10521417.995172812,
        "active_destinations": 88,
        "yoy_growth_pct": 7.2142592569037785
      },
      {
        "year": 2016,
        "export_value_usd": 8803442.105485588,
        "active_destinations": 91,
        "yoy_growth_pct": -16.328368386042875
      },
      {
        "year": 2017,
        "export_value_usd": 13433682.598771691,
        "active_destinations": 95,
        "yoy_growth_pct": 52.595796482842935
      },
      {
        "year": 2018,
        "export_value_usd": 10105081.21889566,
        "active_destinations": 86,
        "yoy_growth_pct": -24.778026095244957
      },
      {
        "year": 2019,
        "export_value_usd": 9105425.273696963,
        "active_destinations": 92,
        "yoy_growth_pct": -9.892606734614112
      },
      {
        "year": 2020,
        "export_value_usd": 4983906.0716019515,
        "active_destinations": 83,
        "yoy_growth_pct": -45.264433875493246
      },
      {
        "year": 2021,
        "export_value_usd": 4360599.700634828,
        "active_destinations": 82,
        "yoy_growth_pct": -12.506382785155049
      },
      {
        "year": 2022,
        "export_value_usd": 5734556.42378968,
        "active_destinations": 79,
        "yoy_growth_pct": 31.50843501995443
      },
      {
        "year": 2023,
        "export_value_usd": 5510509.2057095785,
        "active_destinations": 84,
        "yoy_growth_pct": -3.9069668431658746
      },
      {
        "year": 2024,
        "export_value_usd": 6205907.643952126,
        "active_destinations": 78,
        "yoy_growth_pct": 12.619495082632787
      }
    ],
    "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": "940171",
    "hs_description": "Seats: with metal frames, upholstered, (excluding medical, surgical, dental, veterinary or barber furniture)",
    "hs_chapter": 94,
    "hs_heading": 9401
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "KOR",
    "hs_code": 940171,
    "num_markets": 122,
    "highest_price_importer_iso3": "SRB",
    "highest_price_usd_per_ton": 927722.2222222222,
    "lowest_price_importer_iso3": "SLB",
    "lowest_price_usd_per_ton": 100,
    "median_price_across_markets": 7868.852459016394,
    "price_spread_pct": 11788.532407407407,
    "avg_quantity_metric_tons": 13.083446043165464,
    "total_trade_value_usd": 46460497
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 9032842.430522684,
      "active_destinations": 76,
      "yoy_growth_pct": 176.49380547686746
    },
    {
      "year": 2011,
      "export_value_usd": 9842368.46950521,
      "active_destinations": 73,
      "yoy_growth_pct": 8.962029894898569
    },
    {
      "year": 2012,
      "export_value_usd": 8667188.738809416,
      "active_destinations": 85,
      "yoy_growth_pct": -11.94000950418463
    },
    {
      "year": 2013,
      "export_value_usd": 8403907.958680298,
      "active_destinations": 77,
      "yoy_growth_pct": -3.0376721687185033
    },
    {
      "year": 2014,
      "export_value_usd": 9813450.251949871,
      "active_destinations": 84,
      "yoy_growth_pct": 16.77246229016196
    },
    {
      "year": 2015,
      "export_value_usd": 10521417.995172812,
      "active_destinations": 88,
      "yoy_growth_pct": 7.2142592569037785
    },
    {
      "year": 2016,
      "export_value_usd": 8803442.105485588,
      "active_destinations": 91,
      "yoy_growth_pct": -16.328368386042875
    },
    {
      "year": 2017,
      "export_value_usd": 13433682.598771691,
      "active_destinations": 95,
      "yoy_growth_pct": 52.595796482842935
    },
    {
      "year": 2018,
      "export_value_usd": 10105081.21889566,
      "active_destinations": 86,
      "yoy_growth_pct": -24.778026095244957
    },
    {
      "year": 2019,
      "export_value_usd": 9105425.273696963,
      "active_destinations": 92,
      "yoy_growth_pct": -9.892606734614112
    },
    {
      "year": 2020,
      "export_value_usd": 4983906.0716019515,
      "active_destinations": 83,
      "yoy_growth_pct": -45.264433875493246
    },
    {
      "year": 2021,
      "export_value_usd": 4360599.700634828,
      "active_destinations": 82,
      "yoy_growth_pct": -12.506382785155049
    },
    {
      "year": 2022,
      "export_value_usd": 5734556.42378968,
      "active_destinations": 79,
      "yoy_growth_pct": 31.50843501995443
    },
    {
      "year": 2023,
      "export_value_usd": 5510509.2057095785,
      "active_destinations": 84,
      "yoy_growth_pct": -3.9069668431658746
    },
    {
      "year": 2024,
      "export_value_usd": 6205907.643952126,
      "active_destinations": 78,
      "yoy_growth_pct": 12.619495082632787
    }
  ],
  "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
  }
}