Korea - Fuel imports (% of merchandise imports)

The value for Fuel imports (% of merchandise imports) in Korea was 18.51 as of 2020. As the graph below shows, over the past 58 years this indicator reached a maximum value of 35.83 in 2012 and a minimum value of 5.15 in 1968.

Definition: Fuels comprise the commodities in SITC section 3 (mineral fuels, lubricants and related materials).

Source: World Bank staff estimates through the WITS platform from the Comtrade database maintained by the United Nations Statistics Division.

See also:

Year Value
1962 8.02
1963 6.14
1964 7.04
1965 6.95
1966 5.76
1967 6.18
1968 5.15
1969 6.08
1970 6.86
1971 7.91
1972 8.68
1973 7.37
1974 15.41
1975 19.08
1976 19.94
1977 20.17
1978 16.39
1979 18.62
1980 29.86
1981 29.83
1982 31.33
1983 26.58
1984 23.77
1985 23.56
1986 15.94
1987 14.64
1988 11.55
1989 12.41
1990 15.78
1991 15.64
1992 17.90
1993 17.96
1994 15.06
1995 14.07
1996 16.15
1997 18.93
1998 19.51
1999 19.10
2000 23.73
2001 24.15
2002 21.32
2003 21.60
2004 22.40
2005 25.84
2006 28.03
2007 27.04
2008 32.74
2009 28.37
2010 28.83
2011 33.12
2012 35.83
2013 35.00
2014 33.43
2015 23.69
2016 20.13
2017 22.98
2018 27.46
2019 25.30
2020 18.51

Limitations and Exceptions: Previous editions contained data based on the SITC revision 1. Data for earlier years in previous editions may differ because of the change in methodology. Concordance tables are available to convert data reported in one system to another.

Statistical Concept and Methodology: The classification of commodity groups is based on the Standard International Trade Classification (SITC) revision 3.

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Merchandise import shares may not sum to 100 percent because of unclassified trade.

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports