Fuel exports in Korea
Korea: Fuel exports was 7.7% in 2024. ◆ Volatile
Fuel exports in Korea, 1962–2024
Source: Staff estimates, World Bank (WB). Measured in % of merchandise exports.
Analysis
The most recent figure for fuel exports in Korea is 7.7%, measured in 2024.
That represents a change of down 10.0% on the previous year and down 16.2% over ten years.
Over the whole period, fuel exports in Korea peaked at 10.5% in 2012 and was at its lowest, 0.1%, in 1979.
That places Korea 71st out of 192 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Fuel exports in Korea, year by year
| Year | % of merchandise exports | Change |
|---|---|---|
| 1962 | 4.9% | — |
| 1963 | 3.0% | -38.7% |
| 1964 | 2.1% | -29.5% |
| 1965 | 1.1% | -48.3% |
| 1966 | 0.6% | -44.4% |
| 1967 | 0.6% | -8.3% |
| 1968 | 0.5% | -8.8% |
| 1969 | 0.8% | +55.4% |
| 1970 | 1.1% | +34.7% |
| 1971 | 1.1% | +0.7% |
| 1972 | 1.1% | +5.7% |
| 1973 | 1.1% | -2.0% |
| 1974 | 2.4% | +119.6% |
| 1975 | 2.1% | -15.1% |
| 1976 | 1.9% | -8.5% |
| 1977 | 1.2% | -37.8% |
| 1978 | 0.3% | -72.6% |
| 1979 | 0.1% | -62.3% |
| 1980 | 0.2% | +57.6% |
| 1981 | 0.7% | +293.1% |
| 1982 | 1.3% | +74.4% |
| 1983 | 2.2% | +67.9% |
| 1984 | 2.8% | +25.4% |
| 1985 | 3.1% | +11.5% |
| 1986 | 1.8% | -42.0% |
| 1987 | 1.5% | -14.3% |
| 1988 | 1.0% | -36.8% |
| 1989 | 1.1% | +14.1% |
| 1990 | 1.1% | -2.6% |
| 1991 | 2.1% | +95.8% |
| 1992 | 2.3% | +8.3% |
| 1993 | 2.3% | -1.0% |
| 1994 | 1.8% | -19.2% |
| 1995 | 2.0% | +8.7% |
| 1996 | 3.0% | +50.8% |
| 1997 | 3.9% | +31.8% |
| 1998 | 3.5% | -11.6% |
| 1999 | 4.0% | +16.4% |
| 2000 | 5.4% | +34.6% |
| 2001 | 5.3% | -2.2% |
| 2002 | 4.0% | -24.3% |
| 2003 | 3.6% | -11.7% |
| 2004 | 4.1% | +16.5% |
| 2005 | 5.5% | +33.1% |
| 2006 | 6.4% | +16.4% |
| 2007 | 6.6% | +3.2% |
| 2008 | 9.1% | +37.4% |
| 2009 | 6.5% | -28.2% |
| 2010 | 7.0% | +6.8% |
| 2011 | 9.6% | +36.9% |
| 2012 | 10.5% | +9.8% |
| 2013 | 9.7% | -7.9% |
| 2014 | 9.2% | -5.0% |
| 2015 | 6.3% | -31.6% |
| 2016 | 5.5% | -11.8% |
| 2017 | 6.3% | +14.4% |
| 2018 | 7.9% | +25.0% |
| 2019 | 7.8% | -2.0% |
| 2020 | 5.0% | -36.2% |
| 2021 | 6.2% | +25.1% |
| 2022 | 9.5% | +52.6% |
| 2023 | 8.6% | -9.7% |
| 2024 | 7.7% | -10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.7% | 0.5% | 4.9% | 8 |
| 1970s | 1.2% | 0.1% | 2.4% | 10 |
| 1980s | 1.6% | 0.2% | 3.1% | 10 |
| 1990s | 2.6% | 1.1% | 4.0% | 10 |
| 2000s | 5.7% | 3.6% | 9.1% | 10 |
| 2010s | 8.0% | 5.5% | 10.5% | 10 |
| 2020s | 7.4% | 5.0% | 9.5% | 5 |
Countries ranked near Korea
More energy & mining data for Korea
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -1.55 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0.0001 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2025)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 25.7% (2024)
Frequently asked questions
- What is fuel exports in Korea?
- Fuel exports in Korea was 7.7% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest fuel exports recorded in Korea?
- The highest recorded value was 10.5% in 2012.
- What is the lowest fuel exports recorded in Korea?
- The lowest recorded value was 0.1% in 1979.
- How does Korea rank for fuel exports?
- Korea ranks 71st out of 192 countries with data for 2024.
- Is fuel exports rising or falling in Korea?
- Over the last ten years it is down 16.2%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Fuel exports (% of merchandise exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Fuels comprise the commodities in SITC (Rev. 3) section 3 (mineral fuels, lubricants and related materials). This indicator is expressed as a percentage of merchandise exports which is comprised of goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e.