Korea Trade Data

Mineral fuels, oils and their products: South Korea exports to the Netherlands

HS chapter 27 · 광물성 연료ㆍ광물유(鑛物油)와 이들의 증류물, 역청(瀝靑)물질, 광물성 왁스 · latest month: October 2026

Exports, October 2026
$290.3M
-33.1% vs previous month
vs same month a year earlier
+383.5%
export value
Exports, last 12 months
$2.20B
+232.2% vs 12 months before
Export weight, October 2026
205,374 t
net weight
Export value per kg
$1.41
October 2026

In October 2026, South Korea exported $290.3 million of mineral fuels, oils and their products (HS 27) to the Netherlands, down 33.1% from September 2026 and up 383.5% from October 2025.

Over the 12 months to October 2026, exports of mineral fuels, oils and their products (HS 27) to the Netherlands totalled $2.20 billion, up 232.2% from the 12 months before ($661.9 million).

The Netherlands took 3.3% of South Korea's exports of this product over the 12 months to October 2026, ranking 10th of 166 destinations (14th in the 12 months before).

This product made up 12.7% of South Korea's goods exports to the Netherlands over the same period.

The average export value in October 2026 was $1.41 per kg of net weight, compared with $1.48 per kg in October 2025.

Imports from the Netherlands in October 2026 were $320,284 (up 1.0% from October 2025), leaving a surplus of $289.9 million for the month.

Last 24 months

Monthly exportsExport value in US dollars (FOB).
$0M$200M$400M$600M$800MOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $18.4 millionDecember 2024: $17.6 millionJanuary 2025: $2.1 millionFebruary 2025: $15.8 millionMarch 2025: $30.1 millionApril 2025: $50.2 millionMay 2025: $67.8 millionJune 2025: $173.6 millionJuly 2025: $63.7 millionAugust 2025: $27.9 millionSeptember 2025: $134.8 millionOctober 2025: $60.0 millionNovember 2025: $4.0 millionDecember 2025: $6.1 millionJanuary 2026: $16.2 millionFebruary 2026: $5.6 millionMarch 2026: $12.7 millionApril 2026: $5.7 millionMay 2026: $234.5 millionJune 2026: $70.6 millionJuly 2026: $500.6 millionAugust 2026: $618.7 millionSeptember 2026: $433.9 millionOctober 2026: $290.3 million
Monthly importsImport value in US dollars (CIF).
$0M$25M$50M$75M$100MOct ’26May ’26Dec ’25Jul ’25Feb ’25$0.32MNovember 2024: $257,928December 2024: $54.8 millionJanuary 2025: $64.1 millionFebruary 2025: $271,495March 2025: $675,202April 2025: $683,995May 2025: $8.8 millionJune 2025: $604,272July 2025: $517,892August 2025: $237,844September 2025: $418,575October 2025: $317,002November 2025: $9.0 millionDecember 2025: $372,804January 2026: $247,926February 2026: $19.6 millionMarch 2026: $412,567April 2026: $405,420May 2026: $79.8 millionJune 2026: $61.3 millionJuly 2026: $570,791August 2026: $265,538September 2026: $234,660October 2026: $320,284

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$290.3M+383.5%205,374 t $1.41$320K588 t
September 2026$433.9M+221.9%329,052 t $1.32$235K261 t
August 2026$618.7M+2,118%510,537 t $1.21$266K246 t
July 2026$500.6M+686.3%447,537 t $1.12$571K689 t
June 2026$70.6M-59.3%68,494 t $1.03$61.3M52,892 t
May 2026$234.5M+245.9%205,426 t $1.14$79.8M77,645 t
April 2026$5.7M-88.6%6,578 t $0.87$405K1,218 t
March 2026$12.7M-57.8%10,417 t $1.22$413K230 t
February 2026$5.6M-64.9%7,647 t $0.73$19.6M35,491 t
January 2026$16.2M+678.1%11,495 t $1.41$248K402 t
December 2025$6.1M-65.4%8,097 t $0.75$373K704 t
November 2025$4.0M-78.4%5,236 t $0.76$9.0M14,840 t
October 2025$60.0M+604.4%40,555 t $1.48$317K492 t
September 2025$134.8M+176.5%195,141 t $0.69$419K1,030 t
August 2025$27.9M+33.0%19,629 t $1.42$238K274 t
July 2025$63.7M+1,613%87,745 t $0.73$518K637 t
June 2025$173.6M+1,105%211,971 t $0.82$604K803 t
May 2025$67.8M+338.1%109,428 t $0.62$8.8M15,136 t
April 2025$50.2M+258.5%72,682 t $0.69$684K1,449 t
March 2025$30.1M-69.6%35,110 t $0.86$675K1,158 t
February 2025$15.8M+290.3%16,982 t $0.93$271K576 t
January 2025$2.1M-83.7%2,384 t $0.88$64.1M93,473 t
December 2024$17.6M+61.2%13,457 t $1.30$54.8M81,689 t
November 2024$18.4M-67.4%17,817 t $1.03$258K428 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 Netherlands

CodeProductExports, 12 monthsSharevs 12 months beforeOctober 2026
2710Refined petroleum oils$2.18B 99.0%+243.7%$287.0M
2707Coal tar distillation oils (benzene, toluene, xylene)$17.0M 0.8%-31.8%$2.8M
2711Petroleum gases (including LNG and LPG)$4.6M 0.2%+26.4%$467K
2715Bituminous mixtures based on natural asphalt, on natural bitumen, etc.$3,387 0.0%–$0
2712Petroleum jelly, etc.$400 0.0%–$0

See also: Mineral fuels, oils and their products to all countries · all exports to the Netherlands