Korea Trade Data

Magnets and electromagnets: South Korea exports to Hungary

HS 8505 · 전자석, 영구자석과 자화(磁化)한 후 영구자석으로 사용되는 물품, 전자석이나 영구자석식 척(chuck)ㆍ클램프와 이와 유사한 가공물 홀더, 전자석 커플링(coupling)ㆍ클러치와 브레이크, 전자석 리프팅헤드(lifting head) · latest month: October 2026

Exports, October 2026
$340K
-55.9% vs previous month
vs same month a year earlier
-70.2%
export value
Exports, last 12 months
$11.1M
-28.1% vs 12 months before
Export weight, October 2026
39.6 t
net weight
Export value per kg
$8.58
October 2026

In October 2026, South Korea exported $339,626 of magnets and electromagnets (HS 8505) to Hungary, down 55.9% from September 2026 and down 70.2% from October 2025.

Over the 12 months to October 2026, exports of magnets and electromagnets (HS 8505) to Hungary totalled $11.1 million, down 28.1% from the 12 months before ($15.5 million).

Hungary took 4.4% of South Korea's exports of this product over the 12 months to October 2026, ranking 10th of 115 destinations (8th in the 12 months before).

This product made up 0.3% of South Korea's goods exports to Hungary over the same period.

The average export value in October 2026 was $8.58 per kg of net weight, compared with $11.32 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: $1.3 millionDecember 2024: $1.5 millionJanuary 2025: $810,000February 2025: $1.5 millionMarch 2025: $1.3 millionApril 2025: $1.7 millionMay 2025: $1.1 millionJune 2025: $1.0 millionJuly 2025: $1.3 millionAugust 2025: $1.3 millionSeptember 2025: $1.5 millionOctober 2025: $1.1 millionNovember 2025: $1.2 millionDecember 2025: $1.2 millionJanuary 2026: $1.2 millionFebruary 2026: $826,807March 2026: $1.2 millionApril 2026: $696,875May 2026: $981,245June 2026: $1.2 millionJuly 2026: $999,980August 2026: $596,438September 2026: $770,971October 2026: $339,626
Monthly importsImport value in US dollars (CIF).
$0K$200K$400K$600K$800KOct ’26May ’26Dec ’25Jul ’25Feb ’25$1.73KNovember 2024: $3,584December 2024: $8,609January 2025: $4,678February 2025: $5,920March 2025: $4,084April 2025: $5,222May 2025: $2,117June 2025: $1,309July 2025: $7,803August 2025: $147September 2025: $260October 2025: $3,007November 2025: $1,409December 2025: $1,855January 2026: $5,097February 2026: $3,144March 2026: $667,167April 2026: $1,789May 2026: $22,792June 2026: $312July 2026: $1,056August 2026: $1,021September 2026: $4,175October 2026: $1,734

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$340K-70.2%39.6 t $8.58$1,7347 kg
September 2026$771K-49.5%76.0 t $10.14$4,17541 kg
August 2026$596K-53.2%61.0 t $9.79$1,0217 kg
July 2026$1000K-23.1%92.9 t $10.76$1,0569 kg
June 2026$1.2M+15.1%106 t $10.99$3121 kg
May 2026$981K-10.8%90.1 t $10.89$23K149 kg
April 2026$697K-58.1%62.8 t $11.09$1,78914 kg
March 2026$1.2M-10.6%101 t $11.41$667K2.2 t
February 2026$827K-45.0%73.8 t $11.21$3,14428 kg
January 2026$1.2M+47.7%99.3 t $12.06$5,09748 kg
December 2025$1.2M-20.9%107 t $11.29$1,85528 kg
November 2025$1.2M-9.6%107 t $11.20$1,4097 kg
October 2025$1.1M-15.4%101 t $11.32$3,00715 kg
September 2025$1.5M+64.5%134 t $11.41$2603 kg
August 2025$1.3M+16.6%113 t $11.31$1472 kg
July 2025$1.3M+15.8%116 t $11.19$7,80367 kg
June 2025$1.0M+5.0%94.6 t $10.67$1,3098 kg
May 2025$1.1M-0.9%106 t $10.41$2,11719 kg
April 2025$1.7M+60.8%152 t $10.92$5,22252 kg
March 2025$1.3M+8.6%121 t $10.62$4,08447 kg
February 2025$1.5M+62.8%133 t $11.32$5,92056 kg
January 2025$810K-37.1%86.1 t $9.40$4,67846 kg
December 2024$1.5M+72.3%144 t $10.60$8,60981 kg
November 2024$1.3M-1.2%129 t $10.26$3,58432 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: Magnets and electromagnets to all countries · all exports to Hungary