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T13 · Trade opportunity evidence

South Korea (KOR) to Libya (LBY) engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 50cc but not exceeding 250cc (HS6 840732)

A country-to-country view of reported engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 50cc but not exceeding 250cc trade, combining buyer demand, exporter position, market structure, access conditions, and observed lane history.

Exporter South Korea (KOR)Importer Libya (LBY)HS6 840732One-way tradeCoverage 2015-2024Declining
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3-year buyer projection

$71.0KCalculated from reported demand

Exporter growth

-11.5%Full available history

Suppliers in market

5Latest reported count

Observed history

10 yearsLast year: 2024

Reported observations

What this engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 50cc but not exceeding 250cc lane shows for HS 840732

Core values for South Korea (KOR) → Libya (LBY) in HS 840732.

Buyer market

Latest imports$46.1K
Five-year projection$94.8K
Buyer CAGR+15.5%
Latest annual change+2,938.6%

Exporter position

Latest exports$120.0
Market share0.3%
Share change-7.6 pp
Best observed share94.7%

Market structure

Reported suppliers5
Concentration index8,983.2
Share gap+94.5 pp
SignalDeclining

Detailed evidence

Complete lane evidence

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

MeasureValueWhat it describes
Buyer imports$46.1KLibya (LBY)'s latest reported imports
Exporter exports$120.0South Korea (KOR)'s exports to Libya (LBY)
Exporter market share0.3%Exporter share of the reported buyer market
Buyer five-year CAGR+15.5%Annualized change in buyer imports
Exporter full-history CAGR-11.5%Annualized change in exporter exports
Three-year buyer projection$71.0KCalculated projection from reported demand
Five-year buyer projection$94.8KCalculated projection from reported demand
Average buyer imports$26.8KAverage reported importer value
Peak buyer imports$104.6KHighest reported importer value
Average exporter exports$19.1KAverage reported lane exports
Peak exporter exports$73.3KHighest reported lane exports
Share change-7.6 ppLatest one-year change in exporter share
Reported suppliers5Supplier countries observed in the latest period
Buyer GDP$41.9BLatest buyer-country GDP estimate
Buyer GDP per person$6.0KLatest buyer-country GDP per person
Buyer population6,958.5 thousandLatest buyer-country population estimate
Buyer investment rate10.4%Reported buyer-country investment rate
Buyer secondary education65.2%Reported secondary education coverage
Distance9,641 kmApproximate country-pair distance
Business entry time35 daysReported days to start a business
Shared legal systemNoCountry-pair institutional relationship
Reported FTANoReported trade-agreement indicator
WTO memberNoBuyer-country WTO membership indicator
Lane volatility1.3Variation indicator across observed lane values
Maximum drawdown99.8%Largest observed decline from a prior peak
Observed history10 yearsCoverage through 2024

Research reading

Engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 50cc but not exceeding 250cc demand and the South Korea (KOR) to Libya (LBY) lane

Libya (LBY) reported $46.1K of engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 50cc but not exceeding 250cc imports in 2024. South Korea (KOR) accounted for 0.3% of the observed market and reported $120.0 in exports on this lane.

The latest annual values eased slightly, while the longer available history shows +15.5% buyer growth and -11.5% exporter growth. The page separates reported values from projections and indicators.

Product classification

What does HS 840732 include?

HS 840732 covers Engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 50cc but not exceeding 250cc. 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 84 and heading 8407. The recorded trade type is one-way trade, with a medium price range classification in the available product reference data.

How to interpret this page

Compare demand, position, and history together

This HS 840732 trade opportunity page brings together the buyer market in Libya (LBY), 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 Libya (LBY) engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 50cc but not exceeding 250cc trade

What is the HS code for this product?

This page covers HS 840732, the six-digit product classification shown in the trade records.

How large is the Libya (LBY) market?

The page reports the latest buyer imports, historical averages, peaks, growth, and calculated projections for engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 50cc but not exceeding 250cc.

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 840732 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 10 observed years through 2024. 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.