{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/price-exporter/kor/271000",
  "page": {
    "title": "Republic of Korea HS6 271000 Export Price Comparison | Yugalinks",
    "description": "Compare reported Republic of Korea export prices for HS6 271000. See the median unit value, destination comparisons, trade value, and annual price trends.",
    "route": "/trade/price-exporter/kor/271000"
  },
  "exporter": {
    "iso3": "KOR",
    "name": "Republic of Korea"
  },
  "product": {
    "hs_code": "271000",
    "description": "Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils"
  },
  "summary": {
    "num_markets": 184,
    "highest_price_importer_iso3": "BOL",
    "highest_price_usd_per_ton": 1796745.7627118644,
    "lowest_price_importer_iso3": "MOZ",
    "lowest_price_usd_per_ton": 36.97629869441362,
    "median_price_across_markets": 1399.9455493412288,
    "price_spread_pct": 128341.33350819576,
    "avg_quantity_metric_tons": 367275.92106787884,
    "total_trade_value_usd": 212015332202
  },
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      "year": 2023,
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      "price_vs_median_pct": -59.27364061740772,
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        {
          "year": 2022,
          "unit_value_usd_per_ton": 981.2720030298881
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 808.0276387280243
        }
      ]
    }
  ],
  "annualRows": [
    {
      "year": 2017,
      "weighted_unit_value_usd_per_ton": 556.6127295137379,
      "trade_value_usd": 33091356318,
      "markets": 156
    },
    {
      "year": 2019,
      "weighted_unit_value_usd_per_ton": 640.9897501781408,
      "trade_value_usd": 38794740446,
      "markets": 166
    },
    {
      "year": 2020,
      "weighted_unit_value_usd_per_ton": 436.794639634806,
      "trade_value_usd": 23160388734,
      "markets": 172
    },
    {
      "year": 2022,
      "weighted_unit_value_usd_per_ton": 970.3184683541436,
      "trade_value_usd": 62351738884,
      "markets": 161
    },
    {
      "year": 2023,
      "weighted_unit_value_usd_per_ton": 830.7343426530471,
      "trade_value_usd": 54617107820,
      "markets": 170
    }
  ],
  "faq": [
    {
      "question": "What does Republic of Korea price positioning show for HS 271000?",
      "answer": "It compares Republic of Korea's reported unit values across markets with each market's median for the same product and year."
    },
    {
      "question": "What does above or below median mean?",
      "answer": "Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality."
    },
    {
      "question": "How is the export price calculated?",
      "answer": "The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available."
    },
    {
      "question": "Can I compare this with the wider Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils market?",
      "answer": "Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history."
    }
  ],
  "methodology": {
    "unitValueFormula": "reported trade value in USD / reported quantity in metric tons",
    "median": "the median of the reported market unit values for the same exporter, product, and year",
    "spread": "(highest market price - lowest market price) / median market price x 100",
    "marketComparison": "price_vs_median_pct = (market unit value - market median) / market median x 100",
    "pricePosition": "Above, Mid, or Below is assigned from the market comparison to the reported median",
    "coverage": {
      "first_year": 2017,
      "latest_year": 2023,
      "markets": 184,
      "corridor_rows": 825
    }
  },
  "links": {
    "product": "https://www.yugalinks.com/trade/product/271000",
    "exporter": "https://www.yugalinks.com/trade/exporter/kor/271000",
    "platform": "https://www.yugalinks.com/app?hs=271000",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "generatedAt": "2026-08-25T12:50:14.908Z"
}