Korea Trade Data

Iron and steel: South Korea exports to Latvia

HS chapter 72 · 철강 · latest month: October 2026

Exports, October 2026
$28K
-97.3% vs previous month
vs same month a year earlier
-97.8%
export value
Exports, last 12 months
$5.6M
-18.5% vs 12 months before
Export weight, October 2026
23.8 t
net weight
Export value per kg
$1.17
October 2026

In October 2026, South Korea exported $27,967 of iron and steel (HS 72) to Latvia, down 97.3% from September 2026 and down 97.8% from October 2025.

Over the 12 months to October 2026, exports of iron and steel (HS 72) to Latvia totalled $5.6 million, down 18.5% from the 12 months before ($6.8 million).

Latvia took 0.0% of South Korea's exports of this product over the 12 months to October 2026, ranking 74th of 148 destinations (68th in the 12 months before).

This product made up 7.4% of South Korea's goods exports to Latvia over the same period.

The average export value in October 2026 was $1.17 per kg of net weight, compared with $1.02 per kg in October 2025.

Last 24 months

Monthly exportsExport value in US dollars (FOB).
$0M$0.5M$1M$1.5M$2MOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $516,225December 2024: $6,586January 2025: $392,142February 2025: $867,241March 2025: $347,693April 2025: $917,449May 2025: $653,083June 2025: $743,303July 2025: $565,012August 2025: $513,498September 2025: $0October 2025: $1.3 millionNovember 2025: $0December 2025: $1.5 millionJanuary 2026: $0February 2026: $0March 2026: $994,801April 2026: $0May 2026: $0June 2026: $1.6 millionJuly 2026: $0August 2026: $330,467September 2026: $1.1 millionOctober 2026: $27,967
Monthly importsImport value in US dollars (CIF).
$0$200$400$600Oct ’26May ’26Dec ’25Jul ’25Feb ’25$0November 2024: $0December 2024: $0January 2025: $0February 2025: $0March 2025: $0April 2025: $0May 2025: $0June 2025: $0July 2025: $0August 2025: $0September 2025: $0October 2025: $0November 2025: $0December 2025: $0January 2026: $0February 2026: $0March 2026: $0April 2026: $0May 2026: $0June 2026: $0July 2026: $0August 2026: $0September 2026: $500October 2026: $0

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$28K-97.8%23.8 t $1.17$00 kg
September 2026$1.1M–873 t $1.20$50025 kg
August 2026$330K-35.6%269 t $1.23$00 kg
July 2026$0-100.0%0 kg –$00 kg
June 2026$1.6M+117.5%1,388 t $1.16$00 kg
May 2026$0-100.0%0 kg –$00 kg
April 2026$0-100.0%0 kg –$00 kg
March 2026$995K+186.1%923 t $1.08$00 kg
February 2026$0-100.0%0 kg –$00 kg
January 2026$0-100.0%0 kg –$00 kg
December 2025$1.5M–1,474 t $1.04$00 kg
November 2025$0-100.0%0 kg –$00 kg
October 2025$1.3M+48.8%1,268 t $1.02$00 kg
September 2025$0-100.0%0 kg –$00 kg
August 2025$513K-42.5%465 t $1.10$00 kg
July 2025$565K-60.5%482 t $1.17$00 kg
June 2025$743K+2,390%638 t $1.16$00 kg
May 2025$653K+173.6%573 t $1.14$00 kg
April 2025$917K+146.4%789 t $1.16$00 kg
March 2025$348K-64.1%307 t $1.13$00 kg
February 2025$867K+94.0%815 t $1.06$00 kg
January 2025$392K–409 t $0.96$00 kg
December 2024$6,586-99.5%1.8 t $3.74$00 kg
November 2024$516K-63.3%490 t $1.05$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 Latvia

CodeProductExports, 12 monthsSharevs 12 months beforeOctober 2026
7210Flat-rolled iron or non-alloy steel, coated or plated$5.6M 100.0%-18.3%$28K

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