Overview In September 2022 South Korea's Refined Petroleum exports accounted up to $5.35B and imports accounted up to $1.83B, resulting in a positive trade balance of $3.52B. Between September 2021 and September 2022 the exports of South Korea's Refined Petroleum have increased by $1.88B (54.1%) from $3.47B to $5.35B, while imports decreased by $-480M (-20.8%) from $2.31B to $1.83B.
Destinations In September 2022, Refined Petroleum were exported mostly to Australia ($964M), Singapore ($812M), United States ($471M), Japan ($387M), and Netherlands ($331M), and were imported mostly from United Arab Emirates ($415M), Qatar ($252M), Algeria ($226M), India ($130M), and Malaysia ($114M).
Growth In September 2022, the increase in Refined Petroleum's year-by-year exports was explained primarily by an increase in exports to . In September 2022, the decrease in Refined Petroleum's year-by-year imports was explained primarily by a decrease in imports from .