HS Icon Crude Petroleum in  Flag South Korea

2020
ECONOMIC COMPLEXITY of South Korea
: 1.88, Rnk 5 / 127

2020
PRODUCT COMPLEXITY  IN Crude Petroleum
: -2.2, Rnk 1018 / 1029

The fastest growing export markets for Crude Petroleum of South Korea between 2019 and 2020 were Pakistan ($55.9M), China ($41.5M), and Thailand ($26.4M).

Imports In 2020, South Korea imported $42.2B in Crude Petroleum, becoming the 4th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most imported product in South Korea. South Korea imports Crude Petroleum primarily from: N/A.

Subnational Monthly Trade

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IMPORT GROWTH (September 2021 - September 2022): $3.31B, (57.5%)

MAIN DESTINATION (September 2022): Algeria, $0

This section shows Crude Petroleum's exports and imports data at subnational level for South Korea. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Crude Petroleum over time.

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Historical Data

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IMPORTS (2020): $42.2B

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THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR South Korea WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY South Korea WERE (2019 - 2020):

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Market Concentration

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In 2020, South Korea's main exporting competitors in Crude Petroleum were:

In 2020, South Korea's main importing competitors in Crude Petroleum were:

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