Trade position
Germany exports $89.3K to KOR
The exporter has a 0.1% reported share of importer-market imports in 2024 for HS 721720.
HS 721720 · vehicle parts and accessories · lane risk
Germany to KOR
HS 721720 iron or non-alloy steel
A focused macro trade lane profile for HS 721720 vehicle parts and accessories, covering recovery, volatility, drawdown, import demand, competition, tariffs, and market access.
Lane volatility0.9Variable
Maximum drawdown99.4%Still 25-50% below historical peak
Importer-market imports$83.0MLatest reported market size
Exporter market share0.1%Share of importer-market imports
Reported suppliers18Latest observed source-country count
HS 721720 lane research brief
HS 721720 vehicle parts trade overview
Reported observations and calculated indicators show where this iron or non-alloy steel lane deserves deeper commercial research. They are not a guarantee of sales or a legal market-access opinion.
Import-market context
HS 721720 import demand: import demand stable or growing
KOR imports were $83.0M in the latest reported year, with a +3.2% year-on-year change.
Access and competition
Vehicle parts market access: Reported FTA available
Concentrated importer market with 18 reported source countries. Review the full lane analysis before acting.
Macro trade context
HS 721720 importer-market and route context
This section describes country-level trade, macroeconomic, route, and access indicators. It does not represent named buyers, purchase orders, or a company-level demand forecast.
KOR importer market
Latest imports$83.0MReported HS 721720 importer-market imports
Five-year import CAGR+15%Calculated change in reported imports
GDP per capita$34.8KLatest available macro indicator
Population estimate51,745kLatest available population estimate
Macro classificationimporter macro trend resilientCalculated country-level context
Route and access indicators
HS classificationChapter 72 · heading 7217Vehicle parts and accessories classification
Reported trade typeTwo-way horizontal tradeObserved lane pattern
Average applied tariff13.7%Reported tariff indicator
Preferential tariff3.5%Reported preferential indicator
Distance and entry context8,544 km · 8 daysRoute distance and country-level entry indicator
HS 721720 reported and calculated indicators
HS 721720 vehicle parts trade evidence
Values are labeled as reported or calculated so this macro trade lane can be researched without implying named buyers or confirmed orders.
Germany to KOR · HS 721720 lane evidence24 years through 2024 · reported vs calculated
| HS 721720 measure | Value | Type | Interpretation |
|---|---|---|---|
| Importer-market imports | $83.0M | Reported | KOR latest reported imports |
| Exporter exports | $89.3K | Reported | Germany latest reported exports to KOR |
| Historical peak exports | $158.7K | Reported | Highest reported lane exports |
| Current below peak | 43.7% | Calculated | Difference from historical peak |
| Historical-average comparison | +66% | Calculated | Current value compared with historical average |
| Import-demand change | +3.2% | Calculated | Latest annual change in importer-market imports |
| Importer-market five-year projection | $167.4M | Calculated | Calculated import-market projection |
| Exporter market share | 0.1% | Calculated | Exporter share of reported importer-market imports |
| Addressable three-year value | $94.0M | Calculated | Calculated addressable trade projection |
| Reported source countries | 18 | Reported | Latest observed exporter-country count |
| Applied tariff | 13.7% | Reported | Average applied tariff indicator |
| Preferential tariff | 3.5% | Reported | Average preferential tariff indicator |
| Tariff advantage | +11.1 pp | Calculated | Difference between relevant tariff indicators |
| Lane volatility | 0.9 | Calculated | Variation across observed values |
| Maximum drawdown | 99.4% | Calculated | Largest fall from a prior peak |
| Risk drivers | concentrated_buyer_market, dominant_supplier | Calculated | Recorded calculated driver categories |
| Macro resilience | importer macro trend resilient | Calculated | Importer-country macro classification |
| Observed history | 24 years | Reported | Coverage through 2024 |
How to read this table: Reported values describe the underlying trade or country observation. Calculated values are indicators derived from reported observations and should be used for research, not as guarantees.
HS 721720 market watch
HS 721720 market access and risk signals
These signals prioritize questions for the interactive corridor analysis and your own importer-market, tariff, standards, logistics, and pricing checks.
Observed HS 721720 lane signals
VolatilityVariation across observed lane values
VariableRecoveryDistance from the historical peak
43.7%Import demandLatest importer-market change
+3.2%AccessReported market-access indicator
Reported FTA availableNext research step
Compare the HS 721720 lane with the full corridor analysis.
Inspect product mix, exporter-country concentration, market access, pricing evidence, opportunity indicators, anomalies, and available years in the interactive view.
HS6 lane risk FAQ
How to use this HS lane profile
Short definitions for interpreting HS6 vehicle parts trade evidence correctly.
What does Germany to KOR lane risk mean?
It summarizes country-level reported trade recovery, volatility, drawdown, access conditions, competition, import demand, and macro context for the exporter-to-importer lane.
Is this a guaranteed risk forecast?
No. The page combines reported observations with calculated indicators for research. Validate counterparties, tariffs, standards, logistics, pricing, and commercial conditions before acting.
How should this lane-risk page be used?
Use it to identify questions for deeper product and importer-market research, then compare the lane with current trade, access conditions, source countries, and alternative markets.
Yugalinks lane analysis
Ready to investigate this lane?
Explore the interactive corridor analysis for Germany to KOR and HS 721720.
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-31). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.