Seed Oils in   South Korea

Overview In November 2024 South Korea's Seed Oils exports accounted up to $70k and imports accounted up to $3.03M, resulting in a negative trade balance of $2.96M. Between November 2023 and November 2024 the exports of South Korea's   Seed Oils have increased by $20k (40%) from $50k to $70k, while imports decreased by $-1.14M (-27.4%) from $4.17M to $3.03M.

Destinations In November 2024, Seed Oils were exported mostly to Thailand ($27k), China ($24k), Chinese Taipei ($16k), Singapore ($2k), and United States ($1k), and were imported mostly from Spain ($1.98M), Turkey ($252k), United States ($179k), Mexico ($167k), and Argentina ($129k).

Growth In November 2024, the increase in Seed Oils's year-by-year exports was explained primarily by an increase in exports to Vietnam ($4k or 400%) and United States ($1k or 50%). In November 2024, the decrease in Seed Oils's year-by-year imports was explained primarily by a decrease in imports from Ukraine ($-2.1M or -95.8%), Spain ($-1.07M or -45.6%), and United States ($-251k or -98%).