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Value of imported crude oil South Korea 2000-2023

Published by
H. Yoo,
May 16, 2024

In 2023, South Korea imported over 86 billion U.S. dollars worth of crude oil. This represents a significant increase from 2020, which saw a global collapse in oil prices, slowing down demand worldwide. The value of crude oil imported peaked in 2012, with over 108 billion dollars worth imported that year.

Value of crude oil imported into South Korea from 2000 to 2023 (in billion U.S. dollars)

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Source

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Release date

May 2024

Region

South Korea

Survey time period

2000 to 2022

Special properties

HS Code: 2709

Supplementary notes

Figures have been rounded.

The source did not provide a date of publication. The date used here is the access date.

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