Korea Trade Data

Animal or vegetable fats and oils: South Korea exports and imports

HS chapter 15 · 동물성ㆍ식물성ㆍ미생물성 지방과 기름 및이들의 분해생산물, 조제한 식용 지방과 동물성ㆍ식물성 왁스 · latest month: October 2026

Exports, October 2026
$15.5M
-72.9% vs previous month
vs same month a year earlier
-71.2%
export value
Exports, last 12 months
$336.5M
-12.4% vs 12 months before
Imports, October 2026
$245.3M
Export value per kg
$1.56
net weight, October 2026

In October 2026, South Korea exported $15.5 million of animal or vegetable fats and oils (HS 15), down 72.9% from September 2026 and down 71.2% from October 2025.

Over the 12 months to October 2026, exports of animal or vegetable fats and oils (HS 15) totalled $336.5 million, down 12.4% from the 12 months before ($384.3 million).

The largest destination over the 12 months to October 2026 was the United States ($147.4 million, 43.8% of the total), followed by Singapore and China.

That was 0.0% of South Korea's total goods exports over the same 12 months.

Imports in October 2026 were $245.3 million (up 21.2% from October 2025), leaving a deficit of $229.8 million for the month.

Official description of HS 15: Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes.

Last 24 months

Monthly exportsExport value in US dollars (FOB).
$0M$20M$40M$60MOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $9.6 millionDecember 2024: $30.5 millionJanuary 2025: $38.0 millionFebruary 2025: $21.1 millionMarch 2025: $28.2 millionApril 2025: $38.3 millionMay 2025: $38.3 millionJune 2025: $40.7 millionJuly 2025: $32.2 millionAugust 2025: $31.2 millionSeptember 2025: $22.4 millionOctober 2025: $53.7 millionNovember 2025: $18.6 millionDecember 2025: $24.0 millionJanuary 2026: $10.1 millionFebruary 2026: $13.5 millionMarch 2026: $34.4 millionApril 2026: $22.2 millionMay 2026: $47.9 millionJune 2026: $47.4 millionJuly 2026: $26.5 millionAugust 2026: $19.1 millionSeptember 2026: $57.1 millionOctober 2026: $15.5 million
Monthly importsImport value in US dollars (CIF).
$0M$100M$200M$300M$400MOct ’26May ’26Dec ’25Jul ’25Feb ’25$245MNovember 2024: $134.8 millionDecember 2024: $178.1 millionJanuary 2025: $179.2 millionFebruary 2025: $188.0 millionMarch 2025: $208.1 millionApril 2025: $257.7 millionMay 2025: $230.9 millionJune 2025: $232.3 millionJuly 2025: $210.6 millionAugust 2025: $234.4 millionSeptember 2025: $213.8 millionOctober 2025: $202.5 millionNovember 2025: $228.7 millionDecember 2025: $236.0 millionJanuary 2026: $233.3 millionFebruary 2026: $174.1 millionMarch 2026: $252.2 millionApril 2026: $266.6 millionMay 2026: $221.3 millionJune 2026: $303.5 millionJuly 2026: $317.4 millionAugust 2026: $228.6 millionSeptember 2026: $285.6 millionOctober 2026: $245.3 million

Headings under chapter 15

CodeProductExports, 12 monthsSharevs 12 months beforeOctober 2026
1518Chemically modified fats and oils, and inedible mixtures$214.6M 63.8%-23.0%$5.2M
1515Other fixed vegetable or microbial fats and oils and their fractions, etc.$37.8M 11.2%+22.9%$4.4M
1520Glycerol, crude, etc.$34.6M 10.3%+97.3%$3.0M
1502Fats of bovine animals, sheep or goats$13.1M 3.9%+61.5%$15K
1517Margarine, etc.$9.6M 2.9%+4.9%$981K
1506Other animal fats and oils and their fractions, whether or not refined, etc.$6.8M 2.0%-73.1%$377K
1516Animal, vegetable or microbial fats and oils and their fractions, etc.$4.9M 1.4%+74.7%$451K
1507Soya-bean oil and its fractions, whether or not refined, etc.$4.6M 1.4%-5.5%$365K
1509Olive oil and its fractions, whether or not refined, but not chemically modified$3.2M 1.0%+238.1%$254K
1504Fats and oils and their fractions, of fish or marine mammals, etc.$3.0M 0.9%0.0%$43K
1503Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, etc.$1.9M 0.6%+67.1%$146K
1521Vegetable waxes, beeswax, other insect waxes and spermaceti, etc.$1.1M 0.3%+149.4%$49K
1512Sunflower-seed, safflower or cotton-seed oil and fractions thereof, etc.$679K 0.2%+4.3%$141K
1513Coconut, palm kernel or babassu oil and fractions thereof, etc.$235K 0.1%-27.7%$28K
1514Rape, colza or mustard oil and fractions thereof, whether or not refined, etc.$180K 0.1%-42.0%$14K
1510Other oils and their fractions, obtained solely from olives, etc.$83K 0.0%–$21K
1505Wool grease and fatty substances derived therefrom, etc.$28K 0.0%+157.5%$7,258
1511Palm oil and its fractions, whether or not refined, but not chemically modified$24K 0.0%+94.5%$0
1508Ground-nut oil and its fractions, whether or not refined, etc.$1,248 0.0%–$0
1522Degras, etc.$594 0.0%-99.3%$162
1501Pig fat (including lard) and poultry fat$316 0.0%–$35

Top destinations

Export value over the 12 months to October 2026. 113 countries received this product from South Korea in the last 24 months; the table shows the largest 20.

RankCountryExports, 12 monthsSharevs 12 months before Rank beforeOctober 2026
1United States $147.4M43.8%-39.7%1 $4.8M
2Singapore $55.1M16.4%+77.8%2 $74K
3China $31.3M9.3%+89.5%3 $3.3M
4Spain $13.9M4.1%+208.9%10 $0
5Japan $13.6M4.0%+3.5%6 $475K
6Vietnam $12.2M3.6%-15.8%5 $1.3M
7Malaysia $11.6M3.5%-29.2%4 $510K
8Thailand $8.1M2.4%+38.6%8 $352K
9Ecuador $5.9M1.7%+1,421%26 $1.8M
10Australia $4.0M1.2%+34.5%13 $223K
11Philippines $3.5M1.1%+85.7%15 $100K
12Türkiye $3.3M1.0%+235.1%19 $236K
13Taiwan $3.1M0.9%+72.7%16 $336K
14Canada $3.1M0.9%-0.9%12 $98K
15Indonesia $2.8M0.8%-39.4%9 $201K
16Hong Kong $2.2M0.6%-9.5%14 $195K
17France $1.3M0.4%+155.2%25 $158K
18Mongolia $1.2M0.4%-10.3%18 $181K
19United Arab Emirates $1.1M0.3%+57.3%22 $13K
20Mexico $1.0M0.3%+30.5%20 $12K

Countries are linked when exports of this product to them reached $1,000,000 over 24 months.

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$15.5M-71.2%9,954 t $1.56$245.3M150,593 t
September 2026$57.1M+155.3%44,011 t $1.30$285.6M193,201 t
August 2026$19.1M-38.9%13,112 t $1.45$228.6M148,534 t
July 2026$26.5M-17.6%21,120 t $1.26$317.4M215,084 t
June 2026$47.4M+16.4%39,688 t $1.19$303.5M198,386 t
May 2026$47.9M+25.2%41,510 t $1.15$221.3M145,995 t
April 2026$22.2M-42.0%17,418 t $1.28$266.6M177,271 t
March 2026$34.4M+21.6%29,383 t $1.17$252.2M171,007 t
February 2026$13.5M-35.9%10,215 t $1.33$174.1M117,775 t
January 2026$10.1M-73.3%6,824 t $1.49$233.3M150,875 t
December 2025$24.0M-21.2%18,223 t $1.32$236.0M145,087 t
November 2025$18.6M+94.6%12,911 t $1.44$228.7M155,815 t
October 2025$53.7M+234.8%45,407 t $1.18$202.5M128,308 t
September 2025$22.4M-8.7%17,690 t $1.26$213.8M128,193 t
August 2025$31.2M+30.9%27,802 t $1.12$234.4M165,311 t
July 2025$32.2M-4.8%26,918 t $1.20$210.6M143,183 t
June 2025$40.7M+88.6%36,094 t $1.13$232.3M166,589 t
May 2025$38.3M+113.4%34,228 t $1.12$230.9M163,539 t
April 2025$38.3M+242.6%33,558 t $1.14$257.7M179,835 t
March 2025$28.2M+104.5%23,114 t $1.22$208.1M142,059 t
February 2025$21.1M+65.3%17,617 t $1.20$188.0M130,256 t
January 2025$38.0M+519.1%33,442 t $1.14$179.2M124,840 t
December 2024$30.5M+133.7%26,960 t $1.13$178.1M126,381 t
November 2024$9.6M-58.8%6,416 t $1.49$134.8M93,890 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.