In 2024, South Korea imported over 85 billion U.S. dollars worth of crude oil. This was still a significant increase from 2020, which saw a global collapse in oil prices, slowing down demand worldwide.
Value of crude oil imported into South Korea from 2015 to 2024
(in billion U.S. dollars)
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Korea International Trade Association. (February 24, 2025). Value of crude oil imported into South Korea from 2015 to 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 05, 2025, 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 2015 to 2024 (in billion U.S. dollars)." Chart. February 24, 2025. Statista. Accessed May 05, 2025. https://www.statista.com/statistics/1289208/south-korea-crude-oil-imports/
Korea International Trade Association. (2025). Value of crude oil imported into South Korea from 2015 to 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 05, 2025. https://www.statista.com/statistics/1289208/south-korea-crude-oil-imports/
Korea International Trade Association. "Value of Crude Oil Imported into South Korea from 2015 to 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 24 Feb 2025, https://www.statista.com/statistics/1289208/south-korea-crude-oil-imports/
Korea International Trade Association, Value of crude oil imported into South Korea from 2015 to 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1289208/south-korea-crude-oil-imports/ (last visited May 05, 2025)
Value of crude oil imported into South Korea from 2015 to 2024 (in billion U.S. dollars) [Graph], Korea International Trade Association, February 24, 2025. [Online]. Available: https://www.statista.com/statistics/1289208/south-korea-crude-oil-imports/
