Overview In June 2021 South Korea's Mineral fuels, mineral oils and products of their distillation exports accounted up to $3.17B and imports accounted up to $10.2B, resulting in a negative trade balance of $7.06B. Between June 2020 and June 2021 the exports of South Korea's Mineral fuels, mineral oils and products of their distillation have increased by $1.41B (80.3%) from $1.76B to $3.17B, while imports increased by $5.19B (103%) from $5.04B to $10.2B.
Destinations In June 2021, Mineral fuels, mineral oils and products of their distillation were exported mostly to China ($509M), Singapore ($461M), Japan ($402M), Australia ($327M), and United States ($274M), and were imported mostly from Saudi Arabia ($1.8B), United States ($1.67B), Russia ($1.01B), Australia ($862M), and Qatar ($671M).
Growth In June 2021, the increase in Mineral fuels, mineral oils and products of their distillation's year-by-year exports was explained primarily by an increase in exports to Singapore ($439M or 2k%), Australia ($225M or 219%), and Japan ($208M or 107%). In June 2021, the increase in Mineral fuels, mineral oils and products of their distillation's year-by-year imports was explained primarily by an increase in imports from United States ($1.07B or 176%), Saudi Arabia ($935M or 108%), and Russia ($572M or 129%).
Mineral fuels, mineral oils and products of their distillation in 
South Korea