Korea Trade Data

Animal or vegetable fats and oils: South Korea exports to the Philippines

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

Exports, October 2026
$100K
-57.6% vs previous month
vs same month a year earlier
-57.3%
export value
Exports, last 12 months
$3.5M
+85.7% vs 12 months before
Export weight, October 2026
28.4 t
net weight
Export value per kg
$3.52
October 2026

In October 2026, South Korea exported $99,925 of animal or vegetable fats and oils (HS 15) to the Philippines, down 57.6% from September 2026 and down 57.3% from October 2025.

Over the 12 months to October 2026, exports of animal or vegetable fats and oils (HS 15) to the Philippines totalled $3.5 million, up 85.7% from the 12 months before ($1.9 million).

The Philippines took 1.1% of South Korea's exports of this product over the 12 months to October 2026, ranking 11th of 106 destinations (15th in the 12 months before).

This product made up 0.0% of South Korea's goods exports to the Philippines over the same period.

The average export value in October 2026 was $3.52 per kg of net weight, compared with $2.39 per kg in October 2025.

Imports from the Philippines in October 2026 were $523,932 (down 95.8% from October 2025), leaving a deficit of $424,007 for the month.

Last 24 months

Monthly exportsExport value in US dollars (FOB).
$0K$200K$400K$600KOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $157,660December 2024: $125,387January 2025: $218,876February 2025: $97,415March 2025: $130,029April 2025: $94,349May 2025: $76,227June 2025: $135,720July 2025: $223,521August 2025: $272,013September 2025: $139,670October 2025: $234,122November 2025: $334,053December 2025: $203,065January 2026: $178,903February 2026: $417,742March 2026: $359,135April 2026: $222,407May 2026: $523,814June 2026: $284,204July 2026: $341,428August 2026: $336,615September 2026: $235,838October 2026: $99,925
Monthly importsImport value in US dollars (CIF).
$0M$5M$10M$15MOct ’26May ’26Dec ’25Jul ’25Feb ’25$0.524MNovember 2024: $6.2 millionDecember 2024: $86,063January 2025: $2.0 millionFebruary 2025: $6.7 millionMarch 2025: $71,626April 2025: $5.5 millionMay 2025: $128,013June 2025: $8.5 millionJuly 2025: $3.1 millionAugust 2025: $10.2 millionSeptember 2025: $1.1 millionOctober 2025: $12.5 millionNovember 2025: $462,020December 2025: $12.3 millionJanuary 2026: $7.4 millionFebruary 2026: $203,628March 2026: $389,391April 2026: $10.9 millionMay 2026: $2.6 millionJune 2026: $9.6 millionJuly 2026: $5.1 millionAugust 2026: $4.0 millionSeptember 2026: $371,080October 2026: $523,932

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$100K-57.3%28.4 t $3.52$524K429 t
September 2026$236K+68.9%101 t $2.35$371K297 t
August 2026$337K+23.7%140 t $2.40$4.0M2,292 t
July 2026$341K+52.7%174 t $1.97$5.1M3,066 t
June 2026$284K+109.4%107 t $2.65$9.6M4,537 t
May 2026$524K+587.2%277 t $1.89$2.6M1,419 t
April 2026$222K+135.7%94.4 t $2.36$10.9M4,879 t
March 2026$359K+176.2%158 t $2.28$389K297 t
February 2026$418K+328.8%160 t $2.61$204K74.9 t
January 2026$179K-18.3%70.1 t $2.55$7.4M3,366 t
December 2025$203K+62.0%96.5 t $2.10$12.3M5,287 t
November 2025$334K+111.9%120 t $2.78$462K365 t
October 2025$234K+54.2%98.0 t $2.39$12.5M4,829 t
September 2025$140K-51.7%57.9 t $2.41$1.1M528 t
August 2025$272K+26.7%118 t $2.31$10.2M3,916 t
July 2025$224K-27.6%96.2 t $2.32$3.1M1,330 t
June 2025$136K-53.9%64.0 t $2.12$8.5M3,311 t
May 2025$76K-76.1%24.7 t $3.09$128K57.1 t
April 2025$94K-58.8%20.2 t $4.66$5.5M2,430 t
March 2025$130K+19.4%40.7 t $3.19$72K17.8 t
February 2025$97K-63.9%30.6 t $3.19$6.7M3,645 t
January 2025$219K-3.8%96.8 t $2.26$2.0M1,112 t
December 2024$125K+99.5%61.9 t $2.03$86K47.6 t
November 2024$158K-20.4%46.8 t $3.37$6.2M3,609 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.

Largest headings exported to the Philippines

CodeProductExports, 12 monthsSharevs 12 months beforeOctober 2026
1506Other animal fats and oils and their fractions, whether or not refined, etc.$1.8M 50.6%+154.1%$37K
1507Soya-bean oil and its fractions, whether or not refined, etc.$685K 19.4%+54.4%$8,837
1515Other fixed vegetable or microbial fats and oils and their fractions, etc.$655K 18.5%+51.8%$27K
1517Margarine, etc.$159K 4.5%-5.4%$244
1518Chemically modified fats and oils, and inedible mixtures$77K 2.2%+14.2%$0
1516Animal, vegetable or microbial fats and oils and their fractions, etc.$62K 1.8%+204.2%$0
1509Olive oil and its fractions, whether or not refined, but not chemically modified$46K 1.3%-26.0%$445
1512Sunflower-seed, safflower or cotton-seed oil and fractions thereof, etc.$43K 1.2%–$14K
1504Fats and oils and their fractions, of fish or marine mammals, etc.$12K 0.3%–$12K
1514Rape, colza or mustard oil and fractions thereof, whether or not refined, etc.$3,891 0.1%–$0
1510Other oils and their fractions, obtained solely from olives, etc.$2,912 0.1%–$0

See also: Animal or vegetable fats and oils to all countries · all exports to the Philippines