Animal or vegetable fats and oils: South Korea exports to Mongolia
HS chapter 15 · 동물성ㆍ식물성ㆍ미생물성 지방과 기름 및이들의 분해생산물, 조제한 식용 지방과 동물성ㆍ식물성 왁스 · latest month: October 2026
In October 2026, South Korea exported $181,143 of animal or vegetable fats and oils (HS 15) to Mongolia, up 18.7% from September 2026 and up 69.1% from October 2025.
Over the 12 months to October 2026, exports of animal or vegetable fats and oils (HS 15) to Mongolia totalled $1.2 million, down 10.3% from the 12 months before ($1.3 million).
Mongolia took 0.4% of South Korea's exports of this product over the 12 months to October 2026, ranking 18th of 106 destinations.
This product made up 0.2% of South Korea's goods exports to Mongolia over the same period.
The average export value in October 2026 was $2.57 per kg of net weight, compared with $6.82 per kg in October 2025.
Imports from Mongolia in October 2026 were $310,738 (down 45.7% from October 2025), leaving a deficit of $129,595 for the month.
Last 24 months
Monthly figures
| Month | Exports | vs year earlier | Export weight | Export $/kg | Imports | Import weight |
|---|---|---|---|---|---|---|
| October 2026 | $181K | +69.1% | 70.5 t | $2.57 | $311K | 325 t |
| September 2026 | $153K | -20.5% | 38.3 t | $3.98 | $300K | 322 t |
| August 2026 | $126K | +6.6% | 28.9 t | $4.35 | $670K | 709 t |
| July 2026 | $121K | -39.0% | 34.6 t | $3.50 | $1.1M | 1,241 t |
| June 2026 | $89K | -47.0% | 17.4 t | $5.12 | $1.2M | 1,414 t |
| May 2026 | $116K | -18.9% | 15.9 t | $7.27 | $200K | 261 t |
| April 2026 | $89K | +19.4% | 28.1 t | $3.16 | $767K | 890 t |
| March 2026 | $57K | +5.1% | 9.6 t | $5.94 | $670K | 774 t |
| February 2026 | $45K | -44.3% | 8.6 t | $5.18 | $723K | 835 t |
| January 2026 | $132K | +23.8% | 51.7 t | $2.55 | $198K | 221 t |
| December 2025 | $34K | +28.0% | 4.3 t | $7.99 | $507K | 540 t |
| November 2025 | $44K | -17.9% | 7.5 t | $5.85 | $531K | 650 t |
| October 2025 | $107K | -23.4% | 15.7 t | $6.82 | $572K | 699 t |
| September 2025 | $192K | +104.1% | 63.7 t | $3.01 | $99K | 118 t |
| August 2025 | $118K | +5.2% | 26.3 t | $4.49 | $336K | 388 t |
| July 2025 | $198K | +146.3% | 75.3 t | $2.63 | $81K | 89.8 t |
| June 2025 | $169K | +75.8% | 45.0 t | $3.75 | $216K | 245 t |
| May 2025 | $143K | +42.4% | 35.6 t | $4.01 | $110K | 124 t |
| April 2025 | $74K | -10.7% | 14.4 t | $5.16 | $15 | 0 kg |
| March 2025 | $54K | -51.2% | 9.1 t | $5.95 | $20 | 1 kg |
| February 2025 | $80K | +47.2% | 12.9 t | $6.24 | $0 | 0 kg |
| January 2025 | $107K | +33.8% | 30.9 t | $3.45 | $10 | 0 kg |
| December 2024 | $27K | -27.4% | 5.7 t | $4.68 | $0 | 0 kg |
| November 2024 | $53K | +179.3% | 14.0 t | $3.82 | $13 | 2 kg |
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.
Largest headings exported to Mongolia
| Code | Product | Exports, 12 months | Share | vs 12 months before | October 2026 |
|---|---|---|---|---|---|
| 1515 | Other fixed vegetable or microbial fats and oils and their fractions, etc. | $665K | 56.1% | +8.1% | $95K |
| 1507 | Soya-bean oil and its fractions, whether or not refined, etc. | $284K | 23.9% | -47.3% | $68K |
| 1509 | Olive oil and its fractions, whether or not refined, but not chemically modified | $125K | 10.5% | +57.4% | $13K |
| 1516 | Animal, vegetable or microbial fats and oils and their fractions, etc. | $65K | 5.5% | +7.1% | $2,953 |
| 1517 | Margarine, etc. | $24K | 2.0% | +62.4% | $0 |
| 1514 | Rape, colza or mustard oil and fractions thereof, whether or not refined, etc. | $14K | 1.2% | +28.4% | $0 |
| 1510 | Other oils and their fractions, obtained solely from olives, etc. | $8,400 | 0.7% | – | $2,398 |
| 1512 | Sunflower-seed, safflower or cotton-seed oil and fractions thereof, etc. | $1,172 | 0.1% | – | $0 |
| 1513 | Coconut, palm kernel or babassu oil and fractions thereof, etc. | $20 | 0.0% | – | $0 |
See also: Animal or vegetable fats and oils to all countries · all exports to Mongolia