Butter and other fats and oils derived from milk, etc.: South Korea exports and imports
HS 0405 · 버터와 그 밖의 지방과 기름(밀크에서 얻은 것으로 한정한다), 데어리 스프레드(dairy spread) · latest month: October 2026
In October 2026, South Korea exported $12,968 of butter and other fats and oils derived from milk, etc. (HS 0405), down 38.7% from September 2026 and down 25.0% from October 2025.
Over the 12 months to October 2026, exports of butter and other fats and oils derived from milk, etc. (HS 0405) totalled $213,483, up 44.8% from the 12 months before ($147,402).
The largest destination over the 12 months to October 2026 was Mongolia ($143,662, 67.3% of the total), followed by Hong Kong and the Philippines.
That was 0.3% of South Korea's exports under HS chapter 04 (dairy produce, eggs and honey) over the same 12 months.
Imports in October 2026 were $26.3 million (up 15.6% from October 2025), leaving a deficit of $26.3 million for the month.
Official description of HS 0405: Butter and other fats and oils derived from milk; dairy spreads.
Last 24 months
Subheadings under HS 0405
| Code | Product | Exports, 12 months | Share | vs 12 months before | October 2026 |
|---|---|---|---|---|---|
| 0405.10 | Butter | $191K | 89.3% | +36.3% | $13K |
| 0405.20 | Dairy spreads | $3,336 | 1.6% | – | $0 |
| 0405.90 | Other | $20K | 9.2% | – | $15 |
Six-digit codes are international; the indented ten-digit codes are South Korea's own subdivision. These rows are world totals; "Share" is the share of the row above.
Top destinations
Export value over the 12 months to October 2026. 17 countries received this product from South Korea in the last 24 months.
| Rank | Country | Exports, 12 months | Share | vs 12 months before | Rank before | October 2026 |
|---|---|---|---|---|---|---|
| 1 | Mongolia | $144K | 67.3% | +128.4% | 2 | $10K |
| 2 | Hong Kong | $40K | 18.8% | -42.5% | 1 | $1,299 |
| 3 | Philippines | $15K | 7.2% | – | 3 | $0 |
| 4 | Russia | $6,427 | 3.0% | – | 4 | $1,547 |
| 5 | Cambodia | $3,337 | 1.6% | – | 7 | $0 |
| 6 | Canada | $3,336 | 1.6% | – | 6 | $0 |
| 7 | Uruguay | $377 | 0.2% | – | – | $0 |
| 8 | Sri Lanka | $350 | 0.2% | – | 12 | $48 |
| 9 | Guam | $324 | 0.2% | – | 5 | $44 |
| 10 | Singapore | $85 | 0.0% | – | 11 | $0 |
| 11 | Hungary | $9 | 0.0% | – | – | $0 |
| 12 | Malaysia | $5 | 0.0% | – | – | $0 |
| – | Algeria | $0 | 0.0% | – | 8 | $0 |
| – | Australia | $0 | 0.0% | – | 14 | $0 |
| – | Laos | $0 | 0.0% | – | 13 | $0 |
| – | Taiwan | $0 | 0.0% | – | 9 | $0 |
| – | Vietnam | $0 | 0.0% | – | 10 | $0 |
Countries are linked when exports of this product to them reached $5,000,000 over 24 months.
Monthly figures
| Month | Exports | vs year earlier | Export weight | Export $/kg | Imports | Import weight |
|---|---|---|---|---|---|---|
| October 2026 | $13K | -25.0% | 1.8 t | $7.16 | $26.3M | 3,774 t |
| September 2026 | $21K | +6.5% | 2.5 t | $8.47 | $25.8M | 3,446 t |
| August 2026 | $14K | +20.6% | 2.3 t | $6.21 | $25.5M | 3,214 t |
| July 2026 | $13K | -60.2% | 1.3 t | $10.06 | $26.5M | 3,502 t |
| June 2026 | $6,752 | – | 1.5 t | $4.42 | $29.3M | 4,019 t |
| May 2026 | $50K | +231.3% | 3.5 t | $14.42 | $28.6M | 3,672 t |
| April 2026 | $1,437 | -91.9% | 180 kg | $7.98 | $32.8M | 4,659 t |
| March 2026 | $11K | – | 1.4 t | $7.95 | $32.7M | 4,070 t |
| February 2026 | $3,769 | -63.4% | 548 kg | $6.88 | $26.2M | 3,277 t |
| January 2026 | $2,394 | – | 338 kg | $7.08 | $32.9M | 3,616 t |
| December 2025 | $11K | +3.0% | 1.4 t | $7.42 | $27.8M | 3,104 t |
| November 2025 | $65K | – | 5.6 t | $11.74 | $17.6M | 1,981 t |
| October 2025 | $17K | – | 1.5 t | $11.17 | $22.8M | 2,330 t |
| September 2025 | $20K | – | 2.1 t | $9.49 | $29.0M | 3,285 t |
| August 2025 | $12K | – | 1.1 t | $11.38 | $25.6M | 2,927 t |
| July 2025 | $33K | – | 2.8 t | $11.70 | $32.6M | 3,755 t |
| June 2025 | $109 | -99.0% | 24 kg | $4.54 | $28.5M | 3,282 t |
| May 2025 | $15K | – | 1.4 t | $11.14 | $29.2M | 3,324 t |
| April 2025 | $18K | – | 1.5 t | $12.09 | $29.3M | 3,676 t |
| March 2025 | $1,300 | -89.1% | 59 kg | $22.03 | $23.9M | 2,796 t |
| February 2025 | $10K | +1.6% | 786 kg | $13.09 | $24.0M | 2,865 t |
| January 2025 | $784 | – | 50 kg | $15.68 | $18.6M | 2,187 t |
| December 2024 | $10K | – | 1.4 t | $7.28 | $20.6M | 2,512 t |
| November 2024 | $9,263 | – | 807 kg | $11.48 | $15.2M | 1,877 t |
Exports FOB, imports CIF, US dollars. Weight is net weight. "vs year earlier" compares export value with the same month one year before and is left blank when that month was under $10,000. Source: Korea Customs Service, via data.go.kr.