Stainless steel in ingots or other primary forms, etc.: South Korea exports and imports
HS 7218 · 스테인리스강[잉곳(ingot)이나 그 밖의 일차제품(primary form) 형태인 것으로 한정한다]과 스테인리스강의 반제품 · latest month: October 2026
In October 2026, South Korea exported $11,284 of stainless steel in ingots or other primary forms, etc. (HS 7218), down 98.1% from September 2026 and down 97.6% from October 2025.
Over the 12 months to October 2026, exports of stainless steel in ingots or other primary forms, etc. (HS 7218) totalled $9.2 million, down 25.8% from the 12 months before ($12.4 million).
The largest destination over the 12 months to October 2026 was Vietnam ($3.9 million, 42.2% of the total), followed by Spain and Saudi Arabia.
That was 0.0% of South Korea's exports under HS chapter 72 (iron and steel) over the same 12 months.
Imports in October 2026 were $839,918 (down 63.8% from October 2025), leaving a deficit of $828,634 for the month.
Official description of HS 7218: Stainless steel in ingots or other primary forms; semi-finished products of stainless steel.
Last 24 months
Subheadings under HS 7218
| Code | Product | Exports, 12 months | Share | vs 12 months before | October 2026 |
|---|---|---|---|---|---|
| 7218.10 | Ingots and other primary forms | $1.3M | 14.2% | -35.6% | $4,000 |
| 7218.10.1000 | Ingots | $0 | 0.0% | -100.0% | $0 |
| 7218.10.9000 | Other | $1.3M | 100.0% | -19.4% | $4,000 |
| 7218.91 | Of rectangular (other than square) cross-section | $20K | 0.2% | -99.4% | $1,725 |
| 7218.91.1000 | Slabs | $0 | 0.0% | -100.0% | $0 |
| 7218.91.2000 | Sheet bars | $0 | 0.0% | -100.0% | $0 |
| 7218.91.9000 | Other | $20K | 100.0% | +12.4% | $1,725 |
| 7218.99 | Other | $7.9M | 85.5% | +11.9% | $5,559 |
| 7218.99.1000 | Blooms | $0 | 0.0% | – | $0 |
| 7218.99.2000 | Billets | $3.9M | 49.4% | -43.1% | $0 |
| 7218.99.9000 | Other | $4.0M | 50.6% | +1,901% | $5,559 |
Six-digit codes are international; the indented ten-digit codes are South Korea's own subdivision. These rows are world totals; "Share" is the share of the row above.
Top destinations
Export value over the 12 months to October 2026. 25 countries received this product from South Korea in the last 24 months; the table shows the largest 20.
| Rank | Country | Exports, 12 months | Share | vs 12 months before | Rank before | October 2026 |
|---|---|---|---|---|---|---|
| 1 | Vietnam | $3.9M | 42.2% | +1,095% | 5 | $0 |
| 2 | Spain | $3.5M | 38.0% | -44.9% | 1 | $0 |
| 3 | Saudi Arabia | $792K | 8.6% | -40.3% | 3 | $0 |
| 4 | Sweden | $391K | 4.3% | – | – | $0 |
| 5 | Japan | $287K | 3.1% | -10.1% | 6 | $0 |
| 6 | United States | $284K | 3.1% | -56.1% | 4 | $0 |
| 7 | American Samoa | $17K | 0.2% | – | – | $0 |
| 8 | Indonesia | $13K | 0.1% | – | 9 | $7,284 |
| 9 | Ghana | $8,143 | 0.1% | – | – | $0 |
| 10 | United Kingdom | $6,870 | 0.1% | – | 12 | $4,000 |
| 11 | Thailand | $6,777 | 0.1% | – | 13 | $0 |
| 12 | Egypt | $2,527 | 0.0% | – | 11 | $0 |
| 13 | China | $2,210 | 0.0% | -99.9% | 2 | $0 |
| 14 | Pakistan | $1,711 | 0.0% | – | – | $0 |
| 15 | India | $1,527 | 0.0% | – | – | $0 |
| 16 | Germany | $75 | 0.0% | – | – | $0 |
| 17 | Malaysia | $10 | 0.0% | – | – | $0 |
| – | Cambodia | $0 | 0.0% | – | 18 | $0 |
| – | Guam | $0 | 0.0% | -100.0% | 8 | $0 |
| – | Hong Kong | $0 | 0.0% | – | 14 | $0 |
Countries are linked when exports of this product to them reached $5,000,000 over 24 months.
Monthly figures
| Month | Exports | vs year earlier | Export weight | Export $/kg | Imports | Import weight |
|---|---|---|---|---|---|---|
| October 2026 | $11K | -97.6% | 646 kg | $17.47 | $840K | 275 t |
| September 2026 | $608K | +15.2% | 127 t | $4.80 | $4.0M | 1,080 t |
| August 2026 | $453K | +114.3% | 161 t | $2.82 | $2.7M | 938 t |
| July 2026 | $2.9M | +370.2% | 1,082 t | $2.65 | $10.7M | 4,861 t |
| June 2026 | $36K | -99.0% | 32.8 t | $1.08 | $2.5M | 834 t |
| May 2026 | $876K | +191.8% | 271 t | $3.24 | $2.7M | 649 t |
| April 2026 | $650K | -73.3% | 113 t | $5.74 | $2.8M | 931 t |
| March 2026 | $8,688 | -96.3% | 69 kg | $125.91 | $658K | 245 t |
| February 2026 | $1.0M | -42.1% | 220 t | $4.64 | $1.6M | 364 t |
| January 2026 | $791K | +52.9% | 105 t | $7.56 | $2.4M | 575 t |
| December 2025 | $1.5M | +21.6% | 362 t | $4.24 | $3.0M | 658 t |
| November 2025 | $317K | -44.4% | 34.0 t | $9.31 | $3.9M | 1,924 t |
| October 2025 | $467K | -83.6% | 70.2 t | $6.66 | $2.3M | 464 t |
| September 2025 | $528K | +34.7% | 210 t | $2.51 | $1.3M | 500 t |
| August 2025 | $212K | +0.8% | 37.4 t | $5.65 | $1.6M | 592 t |
| July 2025 | $611K | -83.3% | 145 t | $4.21 | $1.9M | 759 t |
| June 2025 | $3.5M | +155.2% | 411 t | $8.47 | $3.4M | 1,102 t |
| May 2025 | $300K | +136.0% | 34.7 t | $8.65 | $952K | 249 t |
| April 2025 | $2.4M | +364.8% | 1,100 t | $2.21 | $2.7M | 1,518 t |
| March 2025 | $232K | +110.8% | 25.1 t | $9.23 | $2.7M | 1,014 t |
| February 2025 | $1.8M | +274.1% | 568 t | $3.11 | $2.3M | 691 t |
| January 2025 | $517K | +74.6% | 174 t | $2.97 | $1.1M | 460 t |
| December 2024 | $1.3M | +1,699% | 315 t | $4.00 | $863K | 446 t |
| November 2024 | $570K | +166.3% | 172 t | $3.31 | $436K | 181 t |
Exports FOB, imports CIF, US dollars. Weight is net weight. "vs year earlier" compares export value with the same month one year before and is left blank when that month was under $10,000. Source: Korea Customs Service, via data.go.kr.