Animal, vegetable or microbial fats and oils and their fractions, etc.: South Korea exports and imports
HS 1516 · 동물성ㆍ식물성ㆍ미생물성 지방과 기름 및 이들의 분획물[전체적으로나 부분적으로 수소를 첨가한 것, 인터에스텔화한(inter-esterified) 것, 리에스텔화한(re-esterified) 것, 엘라이딘화한(elaidinised) 것으로 한정하며, 정제했는지에 상관없으며 더 이상 가공한 것은 제외한다] · latest month: October 2026
In October 2026, South Korea exported $451,127 of animal, vegetable or microbial fats and oils and their fractions, etc. (HS 1516), down 28.1% from September 2026 and up 32.1% from October 2025.
Over the 12 months to October 2026, exports of animal, vegetable or microbial fats and oils and their fractions, etc. (HS 1516) totalled $4.9 million, up 74.7% from the 12 months before ($2.8 million).
The largest destination over the 12 months to October 2026 was Australia ($1.2 million, 25.1% of the total), followed by Thailand and Spain.
That was 1.4% 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 $15.5 million (up 111.0% from October 2025), leaving a deficit of $15.0 million for the month.
Official description of HS 1516: Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified, or elaidinised, whether or not refined, but not further prepared.
Last 24 months
Subheadings under HS 1516
| Code | Product | Exports, 12 months | Share | vs 12 months before | October 2026 |
|---|---|---|---|---|---|
| 1516.10 | Animal fats and oils and their fractions | $1.3M | 26.9% | +138.4% | $137K |
| 1516.10.1000 | Beef tallow and its fractions | $74K | 5.7% | -4.9% | $9,960 |
| 1516.10.2000 | Whale oil and its fractions | $0 | 0.0% | – | $0 |
| 1516.10.9000 | Other | $1.2M | 94.3% | +162.1% | $127K |
| 1516.20 | Vegetable fats and oils and their fractions | $3.6M | 73.1% | +59.0% | $315K |
| 1516.20.1010 | Peanut oil and its fraction | $0 | 0.0% | – | $0 |
| 1516.20.1020 | Sunflower seed oil and its fraction | $24 | 0.0% | – | $0 |
| 1516.20.1030 | Rape or colza oil and its fraction | $0 | 0.0% | – | $0 |
| 1516.20.1040 | Perilla oil and its fraction | $31K | 0.9% | -7.4% | $6,155 |
| 1516.20.1050 | Sesame oil and its fraction | $22K | 0.6% | -20.2% | $736 |
| 1516.20.2010 | Coconut (copra) oil and its fraction | $53K | 1.5% | +115.5% | $8,526 |
| 1516.20.2020 | Palm oil and its fraction | $22K | 0.6% | -57.4% | $1,243 |
| 1516.20.2030 | Maize oil and its fraction | $0 | 0.0% | – | $0 |
| 1516.20.2040 | Cotton seed oil and its fraction | $0 | 0.0% | – | $0 |
| 1516.20.2050 | Soya-bean oil and its fraction | $369K | 10.4% | +36.5% | $44K |
| 1516.20.2090 | Other | $3.1M | 86.0% | +67.3% | $254K |
| 1516.30 | Microbial fats and oils and their fractions | $0 | 0.0% | – | $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. 40 countries received this product from South Korea in the last 24 months; the table shows the largest 20.
| Rank | Country | Exports, 12 months | Share | vs 12 months before | Rank before | October 2026 |
|---|---|---|---|---|---|---|
| 1 | Australia | $1.2M | 25.1% | +182.3% | 1 | $0 |
| 2 | Thailand | $629K | 12.9% | +77.2% | 4 | $37K |
| 3 | Spain | $626K | 12.9% | – | – | $0 |
| 4 | Vietnam | $519K | 10.6% | +90.1% | 5 | $43K |
| 5 | United States | $426K | 8.7% | +9.3% | 3 | $25K |
| 6 | New Zealand | $357K | 7.3% | +158.5% | 7 | $201K |
| 7 | Indonesia | $300K | 6.2% | +21.5% | 6 | $15K |
| 8 | China | $222K | 4.6% | -48.2% | 2 | $20K |
| 9 | Japan | $136K | 2.8% | +1.2% | 8 | $9,960 |
| 10 | Chile | $90K | 1.8% | – | – | $90K |
| 11 | Mongolia | $65K | 1.3% | +7.1% | 10 | $2,953 |
| 12 | Philippines | $62K | 1.3% | +204.2% | 17 | $0 |
| 13 | Germany | $62K | 1.3% | +53.1% | 12 | $0 |
| 14 | Singapore | $32K | 0.7% | +14.2% | 14 | $6,499 |
| 15 | Türkiye | $28K | 0.6% | – | – | $0 |
| 16 | Russia | $23K | 0.5% | – | 20 | $0 |
| 17 | Argentina | $15K | 0.3% | – | 25 | $0 |
| 18 | South Africa | $12K | 0.2% | -67.2% | 13 | $0 |
| 19 | Canada | $7,949 | 0.2% | – | 29 | $0 |
| 20 | Egypt | $6,826 | 0.1% | -66.8% | 16 | $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 | $451K | +32.1% | 153 t | $2.94 | $15.5M | 2,541 t |
| September 2026 | $628K | +128.8% | 128 t | $4.92 | $9.1M | 1,884 t |
| August 2026 | $285K | -45.7% | 85.0 t | $3.36 | $4.7M | 1,430 t |
| July 2026 | $409K | +108.2% | 174 t | $2.35 | $10.2M | 1,914 t |
| June 2026 | $784K | +481.4% | 145 t | $5.42 | $8.0M | 1,765 t |
| May 2026 | $353K | +103.5% | 158 t | $2.23 | $7.7M | 1,691 t |
| April 2026 | $621K | +259.9% | 254 t | $2.45 | $10.3M | 2,069 t |
| March 2026 | $356K | +208.8% | 144 t | $2.48 | $10.9M | 2,469 t |
| February 2026 | $169K | +30.8% | 54.9 t | $3.08 | $6.4M | 1,564 t |
| January 2026 | $278K | +43.3% | 103 t | $2.69 | $8.8M | 2,258 t |
| December 2025 | $282K | -2.0% | 105 t | $2.70 | $8.4M | 2,028 t |
| November 2025 | $259K | +5.3% | 151 t | $1.71 | $7.3M | 2,027 t |
| October 2025 | $342K | +77.4% | 157 t | $2.17 | $7.3M | 1,957 t |
| September 2025 | $274K | +70.9% | 124 t | $2.21 | $7.8M | 1,732 t |
| August 2025 | $525K | +217.5% | 221 t | $2.38 | $8.1M | 1,611 t |
| July 2025 | $196K | -14.1% | 77.4 t | $2.53 | $7.6M | 1,629 t |
| June 2025 | $135K | -29.2% | 36.1 t | $3.73 | $7.5M | 1,729 t |
| May 2025 | $173K | -10.8% | 88.9 t | $1.95 | $10.4M | 1,864 t |
| April 2025 | $173K | +38.5% | 46.5 t | $3.71 | $9.5M | 1,435 t |
| March 2025 | $115K | -26.1% | 57.1 t | $2.02 | $9.1M | 1,991 t |
| February 2025 | $129K | +12.2% | 74.4 t | $1.74 | $9.9M | 4,595 t |
| January 2025 | $194K | +47.1% | 78.5 t | $2.47 | $7.0M | 1,438 t |
| December 2024 | $288K | +107.7% | 98.0 t | $2.94 | $7.8M | 4,598 t |
| November 2024 | $246K | -42.1% | 84.5 t | $2.91 | $4.6M | 1,550 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.