Korea Trade Data

Parts for cranes, excavators and other heavy machinery: South Korea exports to Panama

HS 8431 · 제8425호부터 제8430호까지의 기계에 전용되거나 주로 사용되는 부분품 · latest month: October 2026

Exports, October 2026
$99K
-60.5% vs previous month
vs same month a year earlier
-59.6%
export value
Exports, last 12 months
$2.6M
-16.2% vs 12 months before
Export weight, October 2026
4.9 t
net weight
Export value per kg
$20.15
October 2026

In October 2026, South Korea exported $98,912 of parts for cranes, excavators and other heavy machinery (HS 8431) to Panama, down 60.5% from September 2026 and down 59.6% from October 2025.

Over the 12 months to October 2026, exports of parts for cranes, excavators and other heavy machinery (HS 8431) to Panama totalled $2.6 million, down 16.2% from the 12 months before ($3.1 million).

Panama took 0.1% of South Korea's exports of this product over the 12 months to October 2026, ranking 53rd of 193 destinations (54th in the 12 months before).

This product made up 0.2% of South Korea's goods exports to Panama over the same period.

The average export value in October 2026 was $20.15 per kg of net weight, compared with $6.08 per kg in October 2025.

Last 24 months

Monthly exportsExport value in US dollars (FOB).
$0K$200K$400K$600K$800KOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $362,651December 2024: $100,143January 2025: $243,398February 2025: $250,612March 2025: $109,187April 2025: $365,068May 2025: $660,806June 2025: $310,615July 2025: $184,366August 2025: $124,405September 2025: $118,950October 2025: $244,953November 2025: $295,237December 2025: $219,846January 2026: $135,441February 2026: $91,288March 2026: $335,121April 2026: $290,483May 2026: $199,000June 2026: $160,446July 2026: $100,755August 2026: $399,472September 2026: $250,591October 2026: $98,912
Monthly importsImport value in US dollars (CIF).
$0$20$40$60Oct ’26May ’26Dec ’25Jul ’25Feb ’25$41November 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: $0October 2026: $41

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$99K-59.6%4.9 t $20.15$417 kg
September 2026$251K+110.7%39.3 t $6.38$00 kg
August 2026$399K+221.1%55.9 t $7.15$00 kg
July 2026$101K-45.4%4.5 t $22.52$00 kg
June 2026$160K-48.3%12.0 t $13.36$00 kg
May 2026$199K-69.9%34.1 t $5.84$00 kg
April 2026$290K-20.4%18.2 t $16.00$00 kg
March 2026$335K+206.9%51.7 t $6.49$00 kg
February 2026$91K-63.6%16.1 t $5.66$00 kg
January 2026$135K-44.4%3.6 t $38.08$00 kg
December 2025$220K+119.5%26.0 t $8.46$00 kg
November 2025$295K-18.6%10.9 t $27.05$00 kg
October 2025$245K+73.8%40.3 t $6.08$00 kg
September 2025$119K-6.3%4.6 t $26.13$00 kg
August 2025$124K-55.5%5.1 t $24.20$00 kg
July 2025$184K-42.4%12.6 t $14.58$00 kg
June 2025$311K+26.4%30.0 t $10.34$00 kg
May 2025$661K+366.1%96.1 t $6.87$00 kg
April 2025$365K+28.0%27.9 t $13.09$00 kg
March 2025$109K-35.8%1.3 t $83.99$00 kg
February 2025$251K+11.9%14.7 t $17.04$00 kg
January 2025$243K+105.3%32.3 t $7.54$00 kg
December 2024$100K-32.8%3.2 t $31.64$00 kg
November 2024$363K+149.8%25.8 t $14.05$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.

See also: Parts for cranes, excavators and other heavy machinery to all countries · all exports to Panama