Parts for cranes, excavators and other heavy machinery: South Korea exports to the Philippines
HS 8431 · 제8425호부터 제8430호까지의 기계에 전용되거나 주로 사용되는 부분품 · latest month: October 2026
In October 2026, South Korea exported $1.7 million of parts for cranes, excavators and other heavy machinery (HS 8431) to the Philippines, down 0.9% from September 2026 and up 100.1% from October 2025.
Over the 12 months to October 2026, exports of parts for cranes, excavators and other heavy machinery (HS 8431) to the Philippines totalled $11.7 million, down 39.8% from the 12 months before ($19.5 million).
The Philippines took 0.6% of South Korea's exports of this product over the 12 months to October 2026, ranking 25th of 193 destinations (21st in the 12 months before).
This product made up 0.0% of South Korea's goods exports to the Philippines over the same period.
The average export value in October 2026 was $8.43 per kg of net weight, compared with $11.06 per kg in October 2025.
Last 24 months
Monthly figures
| Month | Exports | vs year earlier | Export weight | Export $/kg | Imports | Import weight |
|---|---|---|---|---|---|---|
| October 2026 | $1.7M | +100.1% | 199 t | $8.43 | $4,650 | 400 kg |
| September 2026 | $1.7M | +7.0% | 117 t | $14.41 | $15K | 936 kg |
| August 2026 | $504K | -61.5% | 70.4 t | $7.17 | $0 | 0 kg |
| July 2026 | $961K | -35.9% | 165 t | $5.82 | $50 | 20 kg |
| June 2026 | $819K | -31.0% | 56.2 t | $14.58 | $81 | 21 kg |
| May 2026 | $648K | -74.3% | 57.2 t | $11.32 | $1,338 | 93 kg |
| April 2026 | $1.2M | -37.5% | 101 t | $12.37 | $0 | 0 kg |
| March 2026 | $720K | -77.2% | 61.8 t | $11.65 | $0 | 0 kg |
| February 2026 | $336K | -87.4% | 47.2 t | $7.12 | $0 | 0 kg |
| January 2026 | $1.0M | +72.0% | 125 t | $8.36 | $0 | 0 kg |
| December 2025 | $917K | -35.7% | 164 t | $5.60 | $8,295 | 12.9 t |
| November 2025 | $1.1M | +70.2% | 123 t | $9.31 | $0 | 0 kg |
| October 2025 | $837K | -51.2% | 75.7 t | $11.06 | $0 | 0 kg |
| September 2025 | $1.6M | +35.2% | 140 t | $11.31 | $508 | 19 kg |
| August 2025 | $1.3M | +32.4% | 137 t | $9.56 | $0 | 0 kg |
| July 2025 | $1.5M | +21.2% | 147 t | $10.17 | $0 | 0 kg |
| June 2025 | $1.2M | -28.2% | 145 t | $8.18 | $13 | 0 kg |
| May 2025 | $2.5M | -1.5% | 288 t | $8.75 | $0 | 0 kg |
| April 2025 | $2.0M | -9.4% | 206 t | $9.66 | $8,853 | 18 kg |
| March 2025 | $3.2M | +18.3% | 270 t | $11.69 | $0 | 0 kg |
| February 2025 | $2.7M | +64.3% | 195 t | $13.64 | $2,778 | 15.1 t |
| January 2025 | $609K | -59.8% | 141 t | $4.33 | $115 | 20 kg |
| December 2024 | $1.4M | +39.2% | 189 t | $7.54 | $0 | 0 kg |
| November 2024 | $675K | -53.9% | 113 t | $5.99 | $1,639 | 70 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 the Philippines