Korea Trade Data

Refined petroleum oils: South Korea exports to Panama

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
$600K
-13.9% vs previous month
vs same month a year earlier
+220.3%
export value
Exports, last 12 months
$4.9M
-82.1% vs 12 months before
Export weight, October 2026
174 t
net weight
Export value per kg
$3.44
October 2026

In October 2026, South Korea exported $600,316 of refined petroleum oils (HS 2710) to Panama, down 13.9% from September 2026 and up 220.3% from October 2025.

Over the 12 months to October 2026, exports of refined petroleum oils (HS 2710) to Panama totalled $4.9 million, down 82.1% from the 12 months before ($27.4 million).

Panama took 0.0% of South Korea's exports of this product over the 12 months to October 2026, ranking 63rd of 161 destinations (40th in the 12 months before).

This product made up 0.3% of South Korea's goods exports to Panama over the same period.

The average export value in October 2026 was $3.44 per kg of net weight, compared with $2.33 per kg in October 2025.

Imports from Panama in October 2026 were $203,635 (down 55.0% from October 2025), leaving a surplus of $396,681 for the month.

Last 24 months

Monthly exportsExport value in US dollars (FOB).
$0M$2.5M$5M$7.5M$10MOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $166,816December 2024: $723,116January 2025: $358,704February 2025: $10.0 millionMarch 2025: $327,852April 2025: $9.2 millionMay 2025: $5.4 millionJune 2025: $217,252July 2025: $338,232August 2025: $160,690September 2025: $253,487October 2025: $187,443November 2025: $232,312December 2025: $275,450January 2026: $95,298February 2026: $274,133March 2026: $480,182April 2026: $513,338May 2026: $211,013June 2026: $712,396July 2026: $206,917August 2026: $609,154September 2026: $696,908October 2026: $600,316
Monthly importsImport value in US dollars (CIF).
$0K$200K$400K$600KOct ’26May ’26Dec ’25Jul ’25Feb ’25$204KNovember 2024: $12December 2024: $193,772January 2025: $10February 2025: $3March 2025: $18April 2025: $7,477May 2025: $73June 2025: $125,792July 2025: $12August 2025: $2September 2025: $13October 2025: $452,900November 2025: $73December 2025: $4January 2026: $54February 2026: $13March 2026: $207,981April 2026: $0May 2026: $41,273June 2026: $0July 2026: $484,113August 2026: $2,338September 2026: $0October 2026: $203,635

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$600K+220.3%174 t $3.44$204K225 t
September 2026$697K+174.9%273 t $2.55$00 kg
August 2026$609K+279.1%333 t $1.83$2,3383.3 t
July 2026$207K-38.8%69.4 t $2.98$484K438 t
June 2026$712K+227.9%252 t $2.83$00 kg
May 2026$211K-96.1%102 t $2.06$41K17.0 t
April 2026$513K-94.4%193 t $2.65$00 kg
March 2026$480K+46.5%218 t $2.20$208K289 t
February 2026$274K-97.3%132 t $2.07$1318.4 t
January 2026$95K-73.4%43.7 t $2.18$5478.2 t
December 2025$275K-61.9%130 t $2.13$46.4 t
November 2025$232K+39.3%111 t $2.10$7357.7 t
October 2025$187K+5.8%80.5 t $2.33$453K880 t
September 2025$253K+9.1%113 t $2.23$134.0 t
August 2025$161K-13.0%80.9 t $1.99$23.1 t
July 2025$338K-99.0%118 t $2.87$1217.0 t
June 2025$217K-43.1%89.5 t $2.43$126K216 t
May 2025$5.4M-81.6%7,402 t $0.74$7341.0 t
April 2025$9.2M+3,013%11,188 t $0.82$7,4771 kg
March 2025$328K+186.0%218 t $1.50$1816.5 t
February 2025$10.0M-66.8%11,957 t $0.83$35.0 t
January 2025$359K+47.9%158 t $2.26$1014.9 t
December 2024$723K+392.9%383 t $1.89$194K211 t
November 2024$167K-44.5%88.3 t $1.89$1217.1 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 Panama