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 2004 to 2023
(in billion U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Korea International Trade Association. (May 16, 2024). Value of crude oil imported into South Korea from 2004 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1289208/south-korea-crude-oil-imports/
Korea International Trade Association. "Value of crude oil imported into South Korea from 2004 to 2023 (in billion U.S. dollars)." Chart. May 16, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1289208/south-korea-crude-oil-imports/
Korea International Trade Association. (2024). Value of crude oil imported into South Korea from 2004 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1289208/south-korea-crude-oil-imports/
Korea International Trade Association. "Value of Crude Oil Imported into South Korea from 2004 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 16 May 2024, https://www.statista.com/statistics/1289208/south-korea-crude-oil-imports/
Korea International Trade Association, Value of crude oil imported into South Korea from 2004 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1289208/south-korea-crude-oil-imports/ (last visited October 31, 2024)
Value of crude oil imported into South Korea from 2004 to 2023 (in billion U.S. dollars) [Graph], Korea International Trade Association, May 16, 2024. [Online]. Available: https://www.statista.com/statistics/1289208/south-korea-crude-oil-imports/
