Korea Trade Data

Iron and steel: South Korea exports to Ecuador

HS chapter 72 · 철강 · latest month: October 2026

Exports, October 2026
$1.3M
-34.3% vs previous month
vs same month a year earlier
-73.5%
export value
Exports, last 12 months
$39.9M
-14.5% vs 12 months before
Export weight, October 2026
1,103 t
net weight
Export value per kg
$1.18
October 2026

In October 2026, South Korea exported $1.3 million of iron and steel (HS 72) to Ecuador, down 34.3% from September 2026 and down 73.5% from October 2025.

Over the 12 months to October 2026, exports of iron and steel (HS 72) to Ecuador totalled $39.9 million, down 14.5% from the 12 months before ($46.7 million).

Ecuador took 0.2% of South Korea's exports of this product over the 12 months to October 2026, ranking 43rd of 148 destinations (40th in the 12 months before).

This product made up 8.1% of South Korea's goods exports to Ecuador over the same period.

The average export value in October 2026 was $1.18 per kg of net weight, compared with $0.48 per kg in October 2025.

Imports from Ecuador in October 2026 were $115,710 (up 122.0% from October 2025), leaving a surplus of $1.2 million for the month.

Last 24 months

Monthly exportsExport value in US dollars (FOB).
$0M$5M$10M$15MOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $1.6 millionDecember 2024: $5.2 millionJanuary 2025: $1.2 millionFebruary 2025: $3.1 millionMarch 2025: $6.2 millionApril 2025: $6.6 millionMay 2025: $5.1 millionJune 2025: $2.1 millionJuly 2025: $1.3 millionAugust 2025: $4.8 millionSeptember 2025: $4.5 millionOctober 2025: $4.9 millionNovember 2025: $5.0 millionDecember 2025: $7.0 millionJanuary 2026: $988,412February 2026: $11.4 millionMarch 2026: $7.2 millionApril 2026: $1.8 millionMay 2026: $285,726June 2026: $1.4 millionJuly 2026: $1.4 millionAugust 2026: $105,263September 2026: $2.0 millionOctober 2026: $1.3 million
Monthly importsImport value in US dollars (CIF).
$0K$50K$100K$150KOct ’26May ’26Dec ’25Jul ’25Feb ’25$116KNovember 2024: $0December 2024: $0January 2025: $0February 2025: $0March 2025: $0April 2025: $0May 2025: $0June 2025: $0July 2025: $0August 2025: $0September 2025: $0October 2025: $52,126November 2025: $0December 2025: $118,677January 2026: $30February 2026: $0March 2026: $0April 2026: $0May 2026: $0June 2026: $0July 2026: $0August 2026: $0September 2026: $0October 2026: $115,710

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$1.3M-73.5%1,103 t $1.18$116K61.6 t
September 2026$2.0M-56.3%1,324 t $1.50$00 kg
August 2026$105K-97.8%79.5 t $1.32$00 kg
July 2026$1.4M+10.2%1,421 t $0.98$00 kg
June 2026$1.4M-32.2%1,011 t $1.41$00 kg
May 2026$286K-94.4%230 t $1.24$00 kg
April 2026$1.8M-72.5%2,134 t $0.85$00 kg
March 2026$7.2M+15.7%12,275 t $0.58$00 kg
February 2026$11.4M+270.6%23,516 t $0.49$00 kg
January 2026$988K-19.3%851 t $1.16$306 kg
December 2025$7.0M+35.1%11,932 t $0.59$119K71.4 t
November 2025$5.0M+215.2%8,208 t $0.61$00 kg
October 2025$4.9M+199.6%10,254 t $0.48$52K21.3 t
September 2025$4.5M+119.2%7,227 t $0.63$00 kg
August 2025$4.8M+485.4%9,058 t $0.53$00 kg
July 2025$1.3M+110.1%1,058 t $1.20$00 kg
June 2025$2.1M+133.5%1,895 t $1.11$00 kg
May 2025$5.1M+2,129%9,525 t $0.54$00 kg
April 2025$6.6M+340.2%11,428 t $0.58$00 kg
March 2025$6.2M+429.7%9,502 t $0.65$00 kg
February 2025$3.1M+179.5%4,457 t $0.69$00 kg
January 2025$1.2M-80.0%1,048 t $1.17$00 kg
December 2024$5.2M+29.3%8,693 t $0.60$00 kg
November 2024$1.6M-60.6%920 t $1.73$00 kg

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.

Largest headings exported to Ecuador

CodeProductExports, 12 monthsSharevs 12 months beforeOctober 2026
7208Flat-rolled iron or non-alloy steel, hot-rolled$23.3M 58.2%-24.3%$0
7210Flat-rolled iron or non-alloy steel, coated or plated$14.7M 36.9%+13.0%$1.3M
7228Bars, rods, angles and sections of other alloy steel$919K 2.3%+9.1%$0
7209Flat-rolled iron or non-alloy steel, cold-rolled$882K 2.2%+21.8%$0
7212Narrow flat-rolled iron or non-alloy steel (under 600 mm), coated or plated$97K 0.2%-47.6%$17K
7225Flat-rolled products of other alloy steel$24K 0.1%–$24K
7211Narrow flat-rolled iron or non-alloy steel (under 600 mm), not coated$17K 0.0%+15.6%$3,982

See also: Iron and steel to all countries · all exports to Ecuador