Korea Trade Data

Magnets and electromagnets: South Korea exports to Mexico

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
$6.9M
+106.5% vs previous month
vs same month a year earlier
+199.0%
export value
Exports, last 12 months
$36.9M
+8.0% vs 12 months before
Export weight, October 2026
358 t
net weight
Export value per kg
$19.29
October 2026

In October 2026, South Korea exported $6.9 million of magnets and electromagnets (HS 8505) to Mexico, up 106.5% from September 2026 and up 199.0% from October 2025.

Over the 12 months to October 2026, exports of magnets and electromagnets (HS 8505) to Mexico totalled $36.9 million, up 8.0% from the 12 months before ($34.2 million).

Mexico took 14.6% of South Korea's exports of this product over the 12 months to October 2026, ranking 2nd of 115 destinations.

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

The average export value in October 2026 was $19.29 per kg of net weight, compared with $15.06 per kg in October 2025.

Imports from Mexico in October 2026 were $38,663, leaving a surplus of $6.9 million for the month.

Last 24 months

Monthly exportsExport value in US dollars (FOB).
$0M$2M$4M$6M$8MOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $2.0 millionDecember 2024: $1.4 millionJanuary 2025: $1.6 millionFebruary 2025: $2.6 millionMarch 2025: $3.4 millionApril 2025: $3.5 millionMay 2025: $2.8 millionJune 2025: $3.1 millionJuly 2025: $4.3 millionAugust 2025: $3.8 millionSeptember 2025: $3.3 millionOctober 2025: $2.3 millionNovember 2025: $2.8 millionDecember 2025: $2.2 millionJanuary 2026: $3.0 millionFebruary 2026: $2.3 millionMarch 2026: $2.0 millionApril 2026: $4.1 millionMay 2026: $1.6 millionJune 2026: $3.7 millionJuly 2026: $3.1 millionAugust 2026: $1.8 millionSeptember 2026: $3.3 millionOctober 2026: $6.9 million
Monthly importsImport value in US dollars (CIF).
$0K$25K$50K$75K$100KOct ’26May ’26Dec ’25Jul ’25Feb ’25$38.7KNovember 2024: $316December 2024: $883January 2025: $66,995February 2025: $1,476March 2025: $2,102April 2025: $12,750May 2025: $8,336June 2025: $20,615July 2025: $31,106August 2025: $10,072September 2025: $21,752October 2025: $4,672November 2025: $15,053December 2025: $4,896January 2026: $19,081February 2026: $5,279March 2026: $73,528April 2026: $39,506May 2026: $19,319June 2026: $44,800July 2026: $19,585August 2026: $37,919September 2026: $25,596October 2026: $38,663

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$6.9M+199.0%358 t $19.29$39K1.1 t
September 2026$3.3M-0.1%260 t $12.85$26K1.2 t
August 2026$1.8M-51.9%193 t $9.39$38K977 kg
July 2026$3.1M-27.7%252 t $12.39$20K502 kg
June 2026$3.7M+18.8%277 t $13.51$45K1.1 t
May 2026$1.6M-41.8%200 t $8.19$19K487 kg
April 2026$4.1M+18.1%277 t $14.77$40K691 kg
March 2026$2.0M-40.2%221 t $9.18$74K1.5 t
February 2026$2.3M-12.6%177 t $12.87$5,27995 kg
January 2026$3.0M+85.7%231 t $12.85$19K488 kg
December 2025$2.2M+52.2%201 t $10.94$4,89652 kg
November 2025$2.8M+41.8%185 t $15.12$15K518 kg
October 2025$2.3M+67.4%153 t $15.06$4,67255 kg
September 2025$3.3M+66.6%233 t $14.34$22K545 kg
August 2025$3.8M+304.0%215 t $17.57$10K623 kg
July 2025$4.3M+46.2%212 t $20.40$31K553 kg
June 2025$3.1M+161.7%244 t $12.92$21K253 kg
May 2025$2.8M+47.7%239 t $11.78$8,336114 kg
April 2025$3.5M+147.8%261 t $13.27$13K375 kg
March 2025$3.4M+256.9%238 t $14.27$2,10217 kg
February 2025$2.6M+86.7%237 t $10.97$1,4769 kg
January 2025$1.6M+35.8%165 t $9.71$67K216 kg
December 2024$1.4M+61.0%148 t $9.74$8831 kg
November 2024$2.0M+87.8%149 t $13.23$3162 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 Mexico