Palm oil and its fractions, whether or not refined, but not chemically modified: South Korea exports and imports
HS 1511 · 팜유와 그 분획물(정제했는지에 상관없으며 화학적으로 변성 가공한 것은 제외한다) · latest month: October 2026
South Korea recorded no exports of palm oil and its fractions, whether or not refined, but not chemically modified (HS 1511) in October 2026 (after $2,926 in September 2026 and $1,404 in October 2025).
Over the 12 months to October 2026, exports of palm oil and its fractions, whether or not refined, but not chemically modified (HS 1511) totalled $23,739, up 94.5% from the 12 months before ($12,205).
The largest destination over the 12 months to October 2026 was Bangladesh ($11,734, 49.4% of the total), followed by Vietnam and Uzbekistan.
That was 0.0% of South Korea's exports under HS chapter 15 (animal or vegetable fats and oils) over the same 12 months.
Imports in October 2026 were $49.1 million (up 11.5% from October 2025), leaving a deficit of $49.1 million for the month.
Last 24 months
Subheadings under HS 1511
| Code | Product | Exports, 12 months | Share | vs 12 months before | October 2026 |
|---|---|---|---|---|---|
| 1511.10 | Crude oil | $0 | 0.0% | – | $0 |
| 1511.90 | Other | $24K | 100.0% | – | $0 |
| 1511.90.1000 | Palm olein | $0 | 0.0% | – | $0 |
| 1511.90.2000 | Palm stearin | $0 | 0.0% | – | $0 |
| 1511.90.9000 | Other | $24K | 100.0% | – | $0 |
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. 8 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 | Bangladesh | $12K | 49.4% | – | – | $0 |
| 2 | Vietnam | $9,296 | 39.2% | – | 1 | $0 |
| 3 | Uzbekistan | $1,609 | 6.8% | – | – | $0 |
| 4 | China | $1,071 | 4.5% | – | 4 | $0 |
| 5 | Italy | $27 | 0.1% | – | – | $0 |
| 6 | Germany | $2 | 0.0% | – | – | $0 |
| – | Malaysia | $0 | 0.0% | – | 3 | $0 |
| – | Russia | $0 | 0.0% | – | 2 | $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 | $0 | – | 0 kg | – | $49.1M | 40,474 t |
| September 2026 | $2,926 | – | 630 kg | $4.64 | $63.4M | 53,647 t |
| August 2026 | $12K | – | 5.0 t | $2.48 | $86.0M | 66,956 t |
| July 2026 | $1,357 | – | 288 kg | $4.71 | $97.7M | 82,487 t |
| June 2026 | $1,852 | – | 270 kg | $6.86 | $87.2M | 72,428 t |
| May 2026 | $1,965 | – | 103 kg | $19.08 | $68.2M | 58,225 t |
| April 2026 | $2 | – | 1 kg | $2.00 | $82.9M | 72,972 t |
| March 2026 | $1,161 | – | 234 kg | $4.96 | $78.5M | 71,525 t |
| February 2026 | $0 | – | 0 kg | – | $39.5M | 37,475 t |
| January 2026 | $1,039 | – | 216 kg | $4.81 | $30.8M | 28,727 t |
| December 2025 | $0 | – | 0 kg | – | $45.9M | 40,975 t |
| November 2025 | $1,172 | – | 249 kg | $4.71 | $31.3M | 27,797 t |
| October 2025 | $1,404 | – | 234 kg | $6.00 | $44.0M | 40,386 t |
| September 2025 | $0 | – | 0 kg | – | $55.7M | 52,992 t |
| August 2025 | $1,349 | – | 288 kg | $4.68 | $68.9M | 67,257 t |
| July 2025 | $180 | – | 72 kg | $2.50 | $58.2M | 57,870 t |
| June 2025 | $1,269 | – | 288 kg | $4.41 | $54.0M | 51,961 t |
| May 2025 | $722 | – | 168 kg | $4.30 | $80.3M | 73,559 t |
| April 2025 | $429 | – | 90 kg | $4.77 | $63.8M | 56,203 t |
| March 2025 | $1,862 | – | 450 kg | $4.14 | $50.5M | 43,212 t |
| February 2025 | $601 | – | 288 kg | $2.09 | $59.5M | 49,987 t |
| January 2025 | $3,658 | – | 866 kg | $4.22 | $46.8M | 38,655 t |
| December 2024 | $0 | – | 0 kg | – | $25.1M | 21,879 t |
| November 2024 | $731 | – | 126 kg | $5.80 | $41.9M | 39,224 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.