Korea Trade Data

Magnets and electromagnets: South Korea exports to India

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
$1.6M
-17.8% vs previous month
vs same month a year earlier
+53.7%
export value
Exports, last 12 months
$17.1M
-9.7% vs 12 months before
Export weight, October 2026
121 t
net weight
Export value per kg
$13.61
October 2026

In October 2026, South Korea exported $1.6 million of magnets and electromagnets (HS 8505) to India, down 17.8% from September 2026 and up 53.7% from October 2025.

Over the 12 months to October 2026, exports of magnets and electromagnets (HS 8505) to India totalled $17.1 million, down 9.7% from the 12 months before ($18.9 million).

India took 6.8% of South Korea's exports of this product over the 12 months to October 2026, ranking 7th of 115 destinations (4th in the 12 months before).

This product made up 0.1% of South Korea's goods exports to India over the same period.

The average export value in October 2026 was $13.61 per kg of net weight, compared with $7.13 per kg in October 2025.

Imports from India in October 2026 were $72,095 (down 25.3% from October 2025), leaving a surplus of $1.6 million for the month.

Last 24 months

Monthly exportsExport value in US dollars (FOB).
$0M$1M$2M$3MOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $1.7 millionDecember 2024: $2.1 millionJanuary 2025: $1.5 millionFebruary 2025: $1.6 millionMarch 2025: $1.6 millionApril 2025: $2.1 millionMay 2025: $2.0 millionJune 2025: $1.4 millionJuly 2025: $1.8 millionAugust 2025: $1.0 millionSeptember 2025: $1.1 millionOctober 2025: $1.1 millionNovember 2025: $1.4 millionDecember 2025: $1.5 millionJanuary 2026: $1.6 millionFebruary 2026: $1.2 millionMarch 2026: $1.0 millionApril 2026: $1.5 millionMay 2026: $983,710June 2026: $1.7 millionJuly 2026: $1.3 millionAugust 2026: $1.3 millionSeptember 2026: $2.0 millionOctober 2026: $1.6 million
Monthly importsImport value in US dollars (CIF).
$0K$100K$200K$300KOct ’26May ’26Dec ’25Jul ’25Feb ’25$72.1KNovember 2024: $73,550December 2024: $93,756January 2025: $27,597February 2025: $49,218March 2025: $34,971April 2025: $142,924May 2025: $41,314June 2025: $135,667July 2025: $134,793August 2025: $46,864September 2025: $58,682October 2025: $96,481November 2025: $38,586December 2025: $57,665January 2026: $203,168February 2026: $43,460March 2026: $15,449April 2026: $84,985May 2026: $35,748June 2026: $36,593July 2026: $34,652August 2026: $53,886September 2026: $50,643October 2026: $72,095

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$1.6M+53.7%121 t $13.61$72K3.3 t
September 2026$2.0M+82.4%104 t $19.30$51K2.8 t
August 2026$1.3M+22.8%122 t $10.33$54K3.2 t
July 2026$1.3M-28.0%138 t $9.52$35K1.9 t
June 2026$1.7M+19.8%154 t $11.27$37K1.7 t
May 2026$984K-49.7%130 t $7.59$36K2.0 t
April 2026$1.5M-27.0%184 t $8.16$85K14.1 t
March 2026$1.0M-36.9%146 t $7.13$15K939 kg
February 2026$1.2M-25.9%129 t $8.99$43K2.0 t
January 2026$1.6M+11.0%210 t $7.74$203K28.8 t
December 2025$1.5M-30.3%208 t $7.10$58K4.0 t
November 2025$1.4M-17.6%128 t $10.64$39K3.6 t
October 2025$1.1M-36.5%150 t $7.13$96K12.0 t
September 2025$1.1M-29.4%156 t $7.03$59K6.5 t
August 2025$1.0M-12.3%151 t $6.81$47K4.8 t
July 2025$1.8M+17.6%256 t $7.12$135K12.2 t
June 2025$1.4M-1.4%232 t $6.23$136K13.4 t
May 2025$2.0M+47.8%263 t $7.44$41K2.4 t
April 2025$2.1M+21.8%298 t $6.92$143K13.2 t
March 2025$1.6M+24.4%189 t $8.72$35K2.2 t
February 2025$1.6M+60.7%174 t $9.00$49K3.2 t
January 2025$1.5M+14.6%159 t $9.18$28K1.5 t
December 2024$2.1M+89.8%273 t $7.76$94K4.4 t
November 2024$1.7M+10.2%211 t $7.81$74K3.6 t

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 India