Korea Trade Data

Crude petroleum oils: South Korea exports and imports

HS 2709 · 석유와 역청유(瀝靑油)(원유로 한정한다) · latest month: October 2026

Exports, October 2026
$0
– vs previous month
vs same month a year earlier
–
export value
Exports, last 12 months
$242
– vs 12 months before
Imports, October 2026
$10.72B
Export value per kg
–
net weight, October 2026

South Korea recorded no exports of crude petroleum oils (HS 2709) in October 2026 (after $153 in September 2026).

Over the 12 months to October 2026, exports of crude petroleum oils (HS 2709) totalled $242.

The largest destination over the 12 months to October 2026 was Thailand ($153, 63.2% of the total), followed by Vietnam and Bangladesh.

That was 0.0% of South Korea's exports under HS chapter 27 (mineral fuels, oils and their products) over the same 12 months.

Imports in October 2026 were $10.72 billion (up 51.9% from October 2025), leaving a deficit of $10.72 billion for the month.

Official description of HS 2709: Petroleum oils and oils obtained from bituminous minerals, crude.

Last 24 months

Monthly exportsExport value in US dollars (FOB).
$0K$0.5K$1K$1.5KOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $0December 2024: $0January 2025: $0February 2025: $0March 2025: $1,399April 2025: $0May 2025: $0June 2025: $7July 2025: $0August 2025: $35September 2025: $0October 2025: $0November 2025: $0December 2025: $0January 2026: $0February 2026: $0March 2026: $27April 2026: $62May 2026: $0June 2026: $0July 2026: $0August 2026: $0September 2026: $153October 2026: $0
Monthly importsImport value in US dollars (CIF).
$0B$5B$10B$15BOct ’26May ’26Dec ’25Jul ’25Feb ’25$10.7BNovember 2024: $6.53 billionDecember 2024: $6.04 billionJanuary 2025: $7.10 billionFebruary 2025: $6.13 billionMarch 2025: $6.28 billionApril 2025: $6.22 billionMay 2025: $6.77 billionJune 2025: $5.69 billionJuly 2025: $6.04 billionAugust 2025: $6.84 billionSeptember 2025: $5.75 billionOctober 2025: $7.06 billionNovember 2025: $5.59 billionDecember 2025: $5.83 billionJanuary 2026: $6.19 billionFebruary 2026: $5.71 billionMarch 2026: $6.35 billionApril 2026: $7.07 billionMay 2026: $8.43 billionJune 2026: $8.56 billionJuly 2026: $9.32 billionAugust 2026: $8.28 billionSeptember 2026: $7.96 billionOctober 2026: $10.72 billion

Subheadings under HS 2709

CodeProductExports, 12 monthsSharevs 12 months beforeOctober 2026
2709.00Petroleum oils and oils obtained from bituminous minerals, crude$242 100.0%–$0
2709.00.1010Of a specific gravity more than 0.796 but not more than 0.841 at 15℃$0 0.0%–$0
2709.00.1020Of a specific gravity more than 0.841 but not more than 0.847 at 15℃$0 0.0%–$0
2709.00.1030Of a specific gravity more than 0.847 but not more than 0.855 at 15℃$0 0.0%–$0
2709.00.1040Of a specific gravity more than 0.855 but not more than 0.869 at 15℃$0 0.0%–$0
2709.00.1050Of a specific gravity more than 0.869 but not more than 0.885 at 15℃$0 0.0%–$0
2709.00.1060Of a specific gravity more than 0.885 but not more than 0.899 at 15℃$0 0.0%–$0
2709.00.1070Of a specific gravity more than 0.899 but not more than 0.904 at 15℃$0 0.0%–$0
2709.00.1080Of a specific gravity more than 0.904 but not more than 0.966 at 15℃$0 0.0%–$0
2709.00.1090Other$0 0.0%–$0
2709.00.2000Crude oils obtained from bituminous minerals$242 100.0%–$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. 4 countries received this product from South Korea in the last 24 months.

RankCountryExports, 12 monthsSharevs 12 months before Rank beforeOctober 2026
1Thailand $15363.2%–– $0
2Vietnam $6225.6%–2 $0
3Bangladesh $2711.2%–– $0
–China $00.0%–1 $0

Countries are linked when exports of this product to them reached $5,000,000 over 24 months.

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$0–0 kg –$10.72B12,020,858 t
September 2026$153–20 kg $7.65$7.96B10,787,542 t
August 2026$0–0 kg –$8.28B12,095,857 t
July 2026$0–0 kg –$9.32B12,155,562 t
June 2026$0–0 kg –$8.56B9,881,151 t
May 2026$0–0 kg –$8.43B9,695,258 t
April 2026$62–10 kg $6.20$7.07B8,461,981 t
March 2026$27–4 kg $6.75$6.35B10,427,964 t
February 2026$0–0 kg –$5.71B11,109,080 t
January 2026$0–0 kg –$6.19B12,522,899 t
December 2025$0–0 kg –$5.83B11,531,333 t
November 2025$0–0 kg –$5.59B10,803,037 t
October 2025$0–0 kg –$7.06B12,826,602 t
September 2025$0–0 kg –$5.75B10,576,419 t
August 2025$35–5 kg $7.00$6.84B12,537,769 t
July 2025$0–0 kg –$6.04B11,310,924 t
June 2025$7–1 kg $7.00$5.69B10,984,774 t
May 2025$0–0 kg –$6.77B12,574,942 t
April 2025$0–0 kg –$6.22B10,965,521 t
March 2025$1,399–1.4 t $1.00$6.28B10,546,083 t
February 2025$0–0 kg –$6.13B10,132,089 t
January 2025$0–0 kg –$7.10B12,213,070 t
December 2024$0–0 kg –$6.04B10,617,862 t
November 2024$0–0 kg –$6.53B11,288,122 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.