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T13 · Trade opportunity evidence

South Korea (KOR) to Ghana (GHA) lace: mechanically made, of textile materials, (other than man-made fibres), in the piece, in strips or motifs, (other than fabrics of heading no. 6002) (HS6 580429)

A country-to-country view of reported lace: mechanically made, of textile materials, (other than man-made fibres), in the piece, in strips or motifs, (other than fabrics of heading no. 6002) trade, combining buyer demand, exporter position, market structure, access conditions, and observed lane history.

Exporter South Korea (KOR)Importer Ghana (GHA)HS6 580429One-way tradeCoverage 1999-2023Stable
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3-year buyer projection

$9.8MCalculated from reported demand

Exporter growth

-0.9%Full available history

Suppliers in market

2Latest reported count

Observed history

25 yearsLast year: 2023

Reported observations

What this lace: mechanically made, of textile materials, (other than man-made fibres), in the piece, in strips or motifs, (other than fabrics of heading no. 6002) lane shows for HS 580429

Core values for South Korea (KOR) → Ghana (GHA) in HS 580429.

Buyer market

Latest imports$5.0M
Five-year projection$15.3M
Buyer CAGR+31.3%
Latest annual change-15%

Exporter position

Latest exports$90.2
Market share0%
Share change-0 pp
Best observed share100%

Market structure

Reported suppliers2
Concentration index9,998.4
Share gap+100 pp
SignalStable

Detailed evidence

Complete lane evidence

Reported values, calculated indicators, and country-pair context for this route.

MeasureValueWhat it describes
Buyer imports$5.0MGhana (GHA)'s latest reported imports
Exporter exports$90.2South Korea (KOR)'s exports to Ghana (GHA)
Exporter market share0%Exporter share of the reported buyer market
Buyer five-year CAGR+31.3%Annualized change in buyer imports
Exporter full-history CAGR-0.9%Annualized change in exporter exports
Three-year buyer projection$9.8MCalculated projection from reported demand
Five-year buyer projection$15.3MCalculated projection from reported demand
Average buyer imports$899.8KAverage reported importer value
Peak buyer imports$5.9MHighest reported importer value
Average exporter exports$6.1KAverage reported lane exports
Peak exporter exports$76.6KHighest reported lane exports
Share change-0 ppLatest one-year change in exporter share
Reported suppliers2Supplier countries observed in the latest period
Buyer GDP$77.6BLatest buyer-country GDP estimate
Buyer GDP per person$2.4KLatest buyer-country GDP per person
Buyer population31,732.1 thousandLatest buyer-country population estimate
Buyer investment rate23.8%Reported buyer-country investment rate
Buyer secondary education69.5%Reported secondary education coverage
Distance12,775 kmApproximate country-pair distance
Business entry time13 daysReported days to start a business
Shared legal systemNoCountry-pair institutional relationship
Reported FTANoReported trade-agreement indicator
WTO memberYesBuyer-country WTO membership indicator
Lane volatility2.5Variation indicator across observed lane values
Maximum drawdown99.9%Largest observed decline from a prior peak
Observed history25 yearsCoverage through 2023

Research reading

Lace: mechanically made, of textile materials, (other than man-made fibres), in the piece, in strips or motifs, (other than fabrics of heading no. 6002) demand and the South Korea (KOR) to Ghana (GHA) lane

Ghana (GHA) reported $5.0M of lace: mechanically made, of textile materials, (other than man-made fibres), in the piece, in strips or motifs, (other than fabrics of heading no. 6002) imports in 2023. South Korea (KOR) accounted for 0% of the observed market and reported $90.2 in exports on this lane.

The latest annual values eased slightly, while the longer available history shows +31.3% buyer growth and -0.9% exporter growth. The page separates reported values from projections and indicators.

Product classification

What does HS 580429 include?

HS 580429 covers Lace: mechanically made, of textile materials, (other than man-made fibres), in the piece, in strips or motifs, (other than fabrics of heading no. 6002). This page studies the six-digit Harmonized System classification rather than a company, brand, retail category, or individual shipment.

The classification sits in HS chapter 58 and heading 5804. The recorded trade type is one-way trade, with a unclassified classification in the available product reference data.

How to interpret this page

Compare demand, position, and history together

This HS 580429 trade opportunity page brings together the buyer market in Ghana (GHA), the exporter position of South Korea (KOR), and the observed conditions of their trade lane. A large buyer market does not by itself show that every exporter has equal access, and a positive growth rate does not remove the need to examine volatility and historical coverage.

Use the reported imports and exports to understand scale, market share to understand position, projections to understand the calculated forward view, and lane history to understand how much evidence supports the comparison.

Frequently asked questions

Questions about South Korea (KOR) to Ghana (GHA) lace: mechanically made, of textile materials, (other than man-made fibres), in the piece, in strips or motifs, (other than fabrics of heading no. 6002) trade

What is the HS code for this product?

This page covers HS 580429, the six-digit product classification shown in the trade records.

How large is the Ghana (GHA) market?

The page reports the latest buyer imports, historical averages, peaks, growth, and calculated projections for lace: mechanically made, of textile materials, (other than man-made fibres), in the piece, in strips or motifs, (other than fabrics of heading no. 6002).

How strong is South Korea (KOR) in this market?

Exporter performance is shown through lane exports, market share, share change, growth, and the number of reported suppliers.

What should be checked before entering this market?

Review market scale, competition, access indicators, volatility, drawdown, and the available history together rather than relying on one signal.

Continue your researchHS 580429 product overviewExplore this product in the workspaceMethodology and definitions

Definitions and coverage

How to read this page

Reported values

Trade values describe reported merchandise trade for the stated HS6 classification. They are not company-level sales or shipment records.

Calculated indicators

Growth, projections, concentration, volatility, and share-gap figures are calculated from the reported observations and should be interpreted with their coverage period.

Coverage

This sample covers 25 observed years through 2023. Missing values are shown as not reported rather than estimated.

Explore the classification

Compare this product across markets and routes

Use the trade data and methodology pages to study other exporters, importers, and HS6 products.