Korea Trade Data

Refined petroleum oils: South Korea exports to Indonesia

HS 2710 · 석유와 역청유(瀝靑油)(원유는 제외한다), 따로 분류되지 않은 조제품[석유나 역청유(瀝靑油)의 함유량이 전 중량의 100분의 70 이상인 것으로서 조제품의 기초 성분이 석유나 역청유(瀝靑油)인 것으로 한정한다], 웨이스트 오일(waste oil) · latest month: October 2026

Exports, October 2026
$82.7M
+6.2% vs previous month
vs same month a year earlier
+90.0%
export value
Exports, last 12 months
$806.8M
+164.1% vs 12 months before
Export weight, October 2026
58,765 t
net weight
Export value per kg
$1.41
October 2026

In October 2026, South Korea exported $82.7 million of refined petroleum oils (HS 2710) to Indonesia, up 6.2% from September 2026 and up 90.0% from October 2025.

Over the 12 months to October 2026, exports of refined petroleum oils (HS 2710) to Indonesia totalled $806.8 million, up 164.1% from the 12 months before ($305.5 million).

Indonesia took 1.3% of South Korea's exports of this product over the 12 months to October 2026, ranking 15th of 161 destinations (17th in the 12 months before).

This product made up 9.3% of South Korea's goods exports to Indonesia over the same period.

The average export value in October 2026 was $1.41 per kg of net weight, compared with $0.75 per kg in October 2025.

Imports from Indonesia in October 2026 were $22.7 million (up 131.4% from October 2025), leaving a surplus of $60.0 million for the month.

Last 24 months

Monthly exportsExport value in US dollars (FOB).
$0M$100M$200M$300MOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $36.6 millionDecember 2024: $27.8 millionJanuary 2025: $9.0 millionFebruary 2025: $37.8 millionMarch 2025: $33.0 millionApril 2025: $29.1 millionMay 2025: $36.5 millionJune 2025: $8.0 millionJuly 2025: $31.8 millionAugust 2025: $6.6 millionSeptember 2025: $5.8 millionOctober 2025: $43.5 millionNovember 2025: $6.7 millionDecember 2025: $22.7 millionJanuary 2026: $8.3 millionFebruary 2026: $10.5 millionMarch 2026: $77.4 millionApril 2026: $105.4 millionMay 2026: $239.2 millionJune 2026: $66.9 millionJuly 2026: $101.5 millionAugust 2026: $7.7 millionSeptember 2026: $77.9 millionOctober 2026: $82.7 million
Monthly importsImport value in US dollars (CIF).
$0M$20M$40M$60M$80MOct ’26May ’26Dec ’25Jul ’25Feb ’25$22.7MNovember 2024: $759,193December 2024: $4.5 millionJanuary 2025: $66.7 millionFebruary 2025: $50.4 millionMarch 2025: $188,763April 2025: $39.3 millionMay 2025: $307,950June 2025: $13.2 millionJuly 2025: $6.6 millionAugust 2025: $9.4 millionSeptember 2025: $14.5 millionOctober 2025: $9.8 millionNovember 2025: $297,127December 2025: $9.4 millionJanuary 2026: $9.7 millionFebruary 2026: $139,516March 2026: $7.2 millionApril 2026: $13.1 millionMay 2026: $14.5 millionJune 2026: $4.7 millionJuly 2026: $9.5 millionAugust 2026: $11.9 millionSeptember 2026: $22.8 millionOctober 2026: $22.7 million

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$82.7M+90.0%58,765 t $1.41$22.7M10,642 t
September 2026$77.9M+1,232%56,135 t $1.39$22.8M13,540 t
August 2026$7.7M+16.3%4,304 t $1.79$11.9M9,547 t
July 2026$101.5M+218.9%92,095 t $1.10$9.5M8,368 t
June 2026$66.9M+739.1%49,738 t $1.34$4.7M5,091 t
May 2026$239.2M+555.3%193,032 t $1.24$14.5M12,161 t
April 2026$105.4M+262.2%70,549 t $1.49$13.1M10,074 t
March 2026$77.4M+134.3%54,310 t $1.42$7.2M6,329 t
February 2026$10.5M-72.3%12,009 t $0.87$140K73.9 t
January 2026$8.3M-6.8%9,817 t $0.85$9.7M10,124 t
December 2025$22.7M-18.4%33,876 t $0.67$9.4M9,129 t
November 2025$6.7M-81.7%7,420 t $0.90$297K240 t
October 2025$43.5M-20.2%57,760 t $0.75$9.8M9,137 t
September 2025$5.8M-15.7%5,855 t $1.00$14.5M13,612 t
August 2025$6.6M-93.3%7,505 t $0.88$9.4M10,047 t
July 2025$31.8M-51.7%44,671 t $0.71$6.6M6,430 t
June 2025$8.0M-94.7%8,556 t $0.93$13.2M12,715 t
May 2025$36.5M-54.8%56,328 t $0.65$308K128 t
April 2025$29.1M-39.4%40,811 t $0.71$39.3M68,061 t
March 2025$33.0M+114.8%44,041 t $0.75$189K72.6 t
February 2025$37.8M-65.9%52,778 t $0.72$50.4M95,599 t
January 2025$9.0M-39.8%9,770 t $0.92$66.7M108,749 t
December 2024$27.8M-54.6%38,697 t $0.72$4.5M3,838 t
November 2024$36.6M-73.9%47,559 t $0.77$759K852 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.

See also: Refined petroleum oils to all countries · all exports to Indonesia