Refined Petroleum in   South Korea

Exports In 2022, South Korea exported $61.4B in Refined Petroleum, making it the 6th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most exported product in South Korea. The main destination of Refined Petroleum exports from South Korea are: Australia ($10.5B), Singapore ($7.15B), United States ($5.93B), Japan ($4.83B), and Philippines ($4.55B).

The fastest growing export markets for Refined Petroleum of South Korea between 2021 and 2022 were Australia ($7.17B), Philippines ($2.86B), and Singapore ($2.84B).

Imports In 2022, South Korea imported $26.1B in Refined Petroleum, becoming the 10th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 5th most imported product in South Korea. South Korea imports Refined Petroleum primarily from: United Arab Emirates ($4.55B), India ($2.58B), Japan ($2.3B), Algeria ($2.21B), and Qatar ($2.13B).

The fastest growing import markets in Refined Petroleum for South Korea between 2021 and 2022 were United Arab Emirates ($1.93B), Algeria ($1.06B), and Qatar ($916M).

COMPANIES In 2023, leading companies such as Samsung (11), Tesla (5), and Nexen Tire (3) were at the forefront of shipping Refined Petroleum from South Korea to the United States.