Refined petroleum oils: South Korea exports to the United States
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
In October 2026, South Korea exported $877.1 million of refined petroleum oils (HS 2710) to the United States, up 16.0% from September 2026 and up 111.3% from October 2025.
Over the 12 months to October 2026, exports of refined petroleum oils (HS 2710) to the United States totalled $7.45 billion, up 40.0% from the 12 months before ($5.32 billion).
The United States took 11.6% of South Korea's exports of this product over the 12 months to October 2026, ranking 2nd of 161 destinations (4th in the 12 months before).
This product made up 3.7% of South Korea's goods exports to the United States over the same period.
The average export value in October 2026 was $1.72 per kg of net weight, compared with $0.72 per kg in October 2025.
Imports from the United States in October 2026 were $88.5 million (down 11.5% from October 2025), leaving a surplus of $788.6 million for the month.
Last 24 months
Monthly figures
| Month | Exports | vs year earlier | Export weight | Export $/kg | Imports | Import weight |
|---|---|---|---|---|---|---|
| October 2026 | $877.1M | +111.3% | 508,848 t | $1.72 | $88.5M | 94,263 t |
| September 2026 | $755.9M | +55.4% | 442,408 t | $1.71 | $94.2M | 113,356 t |
| August 2026 | $707.9M | +36.3% | 455,324 t | $1.55 | $61.9M | 64,158 t |
| July 2026 | $772.0M | +117.9% | 566,000 t | $1.36 | $53.5M | 66,688 t |
| June 2026 | $778.8M | +76.8% | 641,063 t | $1.21 | $178.8M | 170,693 t |
| May 2026 | $501.0M | -2.6% | 335,661 t | $1.49 | $400.9M | 359,809 t |
| April 2026 | $388.4M | -30.7% | 236,793 t | $1.64 | $250.0M | 250,365 t |
| March 2026 | $780.0M | +73.6% | 591,161 t | $1.32 | $92.7M | 118,169 t |
| February 2026 | $519.0M | +26.8% | 698,487 t | $0.74 | $42.6M | 70,272 t |
| January 2026 | $447.4M | +11.5% | 616,564 t | $0.73 | $261.3M | 437,241 t |
| December 2025 | $420.0M | +9.7% | 582,119 t | $0.72 | $102.6M | 176,888 t |
| November 2025 | $499.6M | +29.5% | 619,902 t | $0.81 | $175.2M | 289,880 t |
| October 2025 | $415.1M | +24.8% | 578,842 t | $0.72 | $100.0M | 157,925 t |
| September 2025 | $486.5M | +6.3% | 652,196 t | $0.75 | $77.9M | 123,300 t |
| August 2025 | $519.3M | +36.6% | 722,693 t | $0.72 | $112.2M | 178,955 t |
| July 2025 | $354.3M | -27.3% | 464,563 t | $0.76 | $129.3M | 198,892 t |
| June 2025 | $440.6M | -4.3% | 617,050 t | $0.71 | $33.0M | 48,182 t |
| May 2025 | $514.5M | +14.5% | 775,406 t | $0.66 | $72.9M | 114,714 t |
| April 2025 | $560.1M | +25.7% | 794,276 t | $0.71 | $73.0M | 100,714 t |
| March 2025 | $449.2M | +18.7% | 609,037 t | $0.74 | $45.0M | 55,186 t |
| February 2025 | $409.5M | -20.9% | 511,045 t | $0.80 | $7.0M | 7,116 t |
| January 2025 | $401.4M | -7.7% | 531,505 t | $0.76 | $65.5M | 88,578 t |
| December 2024 | $382.9M | -16.7% | 522,935 t | $0.73 | $108.2M | 154,609 t |
| November 2024 | $385.9M | +20.4% | 511,985 t | $0.75 | $46.3M | 62,075 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 the United States