South Korea Import Volume of Palm oil
(In USD Current Price)
Year -
The import volume of palm oil was 625.19 thousand tonnes, and the value was $590.58 million.
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In 2024, South Korea's import of palm oil reached 625.19 thousand tonnes, valued at $590.58 million. This represents a decrease, which is significant compared to the last import year, 2023, when imports were 658.41 thousand tonnes worth $611.03 million. The net change from 2023 to 2024 shows a decrease of 33.21 thousand tonnes and a drop of $20.46 million in value.
Q1. Does South Korea Import Palm oil?
Ans1. Yes, South Korea Imports Palm oil.
Q2. How Many Years Does South Korea Import Palm oil?
Ans2. South Korea has Imported Palm oil for 59 years.
South Korea's Import of Palm oil: Annual Trends
Explores the evolving trends in South Korea's palm-oil imports, offering a detailed analysis of annual changes in the sector.
- In 2024: 625,193.45 tonnes of palm oil import, valued at $590.58 million.
- In 2023: 658,405.13 tonnes of palm oil import, valued at $611.03 million.
- In 2022: 566,138.02 tonnes of palm oil import, valued at $794.19 million.
- In 2021: 605,700.35 tonnes of palm oil import, valued at $661.62 million.
- In 2020: 587,126.19 tonnes of palm oil import, valued at $404.41 million.
- In 2019: 641,965.58 tonnes of palm oil import, valued at $348.71 million.
- In 2018: 603,278.66 tonnes of palm oil import, valued at $388.36 million.
- In 2017: 506,926.46 tonnes of palm oil import, valued at $359.74 million.
- In 2016: 472,310.72 tonnes of palm oil import, valued at $304.89 million.
- In 2015: 448,639.89 tonnes of palm oil import, valued at $280.21 million.
South Korea Import of Palm oil Annually
Explore the Volume and Price trend of South Korea Import of Palm oil over the last 63 Years.
| Year | Import Quantity | Import Value | ||
|---|---|---|---|---|
| Tonnes | Kg | US$ Abbr. | US$ | |
| 1966 | 10.00 | 10,000.00 | 3.00 thousand | 3,000.00 |
| 1967 | 33.00 | 33,000.00 | 10.00 thousand | 10,000.00 |
| 1968 | 160.00 | 160,000.00 | 47.00 thousand | 47,000.00 |
| 1969 | 535.00 | 535,000.00 | 130.00 thousand | 130,000.00 |
| 1970 | 496.00 | 496,000.00 | 148.00 thousand | 148,000.00 |
| 1971 | 432.00 | 432,000.00 | 164.00 thousand | 164,000.00 |
| 1972 | 733.00 | 733,000.00 | 233.00 thousand | 233,000.00 |
| 1973 | 4,598.00 | 4,598,000.00 | 2.11 million | 2,108,000.00 |
| 1974 | 1,690.00 | 1,690,000.00 | 1.19 million | 1,192,000.00 |
| 1975 | 3,198.00 | 3,198,000.00 | 1.68 million | 1,676,000.00 |
| 1976 | 3,180.00 | 3,180,000.00 | 1.48 million | 1,482,000.00 |
| 1977 | 2,112.00 | 2,112,000.00 | 1.25 million | 1,250,000.00 |
| 1978 | 3,409.00 | 3,409,000.00 | 2.13 million | 2,129,000.00 |
| 1979 | 11,888.00 | 11,888,000.00 | 8.85 million | 8,853,000.00 |
| 1980 | 33,371.00 | 33,371,000.00 | 21.32 million | 21,321,000.00 |
| 1981 | 53,701.00 | 53,701,000.00 | 31.52 million | 31,516,000.00 |
| 1982 | 88,679.00 | 88,679,000.00 | 43.36 million | 43,359,000.00 |
| 1983 | 103,901.00 | 103,901,000.00 | 47.02 million | 47,023,000.00 |
| 1984 | 65,952.00 | 65,952,000.00 | 39.11 million | 39,110,000.00 |
| 1985 | 107,433.00 | 107,433,000.00 | 53.01 million | 53,012,000.00 |
| 1986 | 183,313.00 | 183,313,000.00 | 57.06 million | 57,057,000.00 |
| 1987 | 171,382.00 | 171,382,000.00 | 58.15 million | 58,147,000.00 |
| 1988 | 155,329.00 | 155,329,000.00 | 69.84 million | 69,836,000.00 |
| 1989 | 164,145.00 | 164,145,000.00 | 64.38 million | 64,375,000.00 |
| 1990 | 216,492.00 | 216,492,000.00 | 63.16 million | 63,158,000.00 |
| 1991 | 215,029.00 | 215,029,000.00 | 76.13 million | 76,130,000.00 |
| 1992 | 205,685.00 | 205,685,000.00 | 82.92 million | 82,919,000.00 |
| 1993 | 193,567.00 | 193,567,000.00 | 80.57 million | 80,574,000.00 |
| 1994 | 200,574.00 | 200,574,000.00 | 98.09 million | 98,090,000.00 |
| 1995 | 160,299.00 | 160,299,000.00 | 109.64 million | 109,641,000.00 |
| 1996 | 185,208.00 | 185,208,000.00 | 103.41 million | 103,407,000.00 |
| 1997 | 197,059.00 | 197,059,000.00 | 109.59 million | 109,591,000.00 |
| 1998 | 151,477.00 | 151,477,000.00 | 97.51 million | 97,511,000.00 |
| 1999 | 172,099.00 | 172,099,000.00 | 81.75 million | 81,748,000.00 |
| 2000 | 199,551.61 | 199,551,610.00 | 68.46 million | 68,460,000.00 |
| 2001 | 226,275.00 | 226,275,000.00 | 63.62 million | 63,618,000.00 |
| 2002 | 215,813.00 | 215,813,000.00 | 79.26 million | 79,263,000.00 |
| 2003 | 213,119.00 | 213,119,000.00 | 94.53 million | 94,532,000.00 |
| 2004 | 215,637.00 | 215,637,000.00 | 109.74 million | 109,740,000.00 |
| 2005 | 235,240.00 | 235,240,000.00 | 101.77 million | 101,774,000.00 |
| 2006 | 223,646.00 | 223,646,000.00 | 102.66 million | 102,663,000.00 |
| 2007 | 187,564.00 | 187,564,000.00 | 134.80 million | 134,800,000.00 |
| 2008 | 199,992.00 | 199,992,000.00 | 224.58 million | 224,581,000.00 |
| 2009 | 252,997.00 | 252,997,000.00 | 178.05 million | 178,051,000.00 |
| 2010 | 280,794.00 | 280,794,000.00 | 236.54 million | 236,543,000.00 |
| 2011 | 291,525.00 | 291,525,000.00 | 312.83 million | 312,830,000.00 |
| 2012 | 324,956.00 | 324,956,000.00 | 335.48 million | 335,475,000.00 |
| 2013 | 333,560.00 | 333,560,000.00 | 272.27 million | 272,274,000.00 |
| 2014 | 438,877.95 | 438,877,950.00 | 363.27 million | 363,270,000.00 |
| 2015 | 448,639.89 | 448,639,890.00 | 280.21 million | 280,207,000.00 |
| 2016 | 472,310.72 | 472,310,720.00 | 304.89 million | 304,892,000.00 |
| 2017 | 506,926.46 | 506,926,460.00 | 359.74 million | 359,744,000.00 |
| 2018 | 603,278.66 | 603,278,660.00 | 388.36 million | 388,358,000.00 |
| 2019 | 641,965.58 | 641,965,580.00 | 348.71 million | 348,712,000.00 |
| 2020 | 587,126.19 | 587,126,190.00 | 404.41 million | 404,405,000.00 |
| 2021 | 605,700.35 | 605,700,350.00 | 661.62 million | 661,615,000.00 |
| 2022 | 566,138.02 | 566,138,020.00 | 794.19 million | 794,188,000.00 |
| 2023 | 658,405.13 | 658,405,130.00 | 611.03 million | 611,034,000.00 |
| 2024 | 625,193.45 | 625,193,450.00 | 590.58 million | 590,577,000.00 |