(In USD Current Price)
Year -
The import volume of soya bean oil was 373.74 million kg, and the value was $615.55 million.
In 2022, South Korea's import of soya bean oil reached 373.74 million Kg, valued at $615.55 million. This represents a decrease, which is significant compared to the last import year, 2021, when imports were 450.51 million Kg worth $575.27 million. The net change from 2021 to 2022 shows a decrease of 76.77 Kg and a drop of $40.29 in value.
Ans1. Yes, South Korea Imports Soya bean oil.
Ans2. South Korea has Imported Soya bean oil for 60 years.
Explores the evolving trends in South Korea's soya-bean-oil imports, offering a detailed analysis of annual changes in the sector.
Explore the Volume and Price trend of South Korea Import of Soya bean oil over the last 62 Years.
| Year | Kg | US$ Abbr. | US$ |
|---|---|---|---|
| 1961 | - | - | - |
| 1962 | 233,000.00 | 75.00 thousand | 75,000.00 |
| 1963 | 167,000.00 | 114.00 thousand | 114,000.00 |
| 1964 | 85,000.00 | 30.00 thousand | 30,000.00 |
| 1965 | 4,000.00 | 2.00 thousand | 2,000.00 |
| 1966 | 505,000.00 | 200.00 thousand | 200,000.00 |
| 1967 | 714,000.00 | 240.00 thousand | 240,000.00 |
| 1968 | 680,000.00 | 195.00 thousand | 195,000.00 |
| 1969 | 1,530,000.00 | 506.00 thousand | 506,000.00 |
| 1970 | 203,000.00 | 48.00 thousand | 48,000.00 |
| 1971 | 2,000,000.00 | 365.00 thousand | 365,000.00 |
| 1972 | 953,000.00 | 685.00 thousand | 685,000.00 |
| 1973 | 194,000.00 | 123.00 thousand | 123,000.00 |
| 1974 | 353,000.00 | 260.00 thousand | 260,000.00 |
| 1975 | 1,000.00 | 2.00 thousand | 2,000.00 |
| 1976 | 813,000.00 | 345.00 thousand | 345,000.00 |
| 1977 | 302,000.00 | 209.00 thousand | 209,000.00 |
| 1978 | 2,000.00 | 5.00 thousand | 5,000.00 |
| 1979 | 17,000.00 | 20.00 thousand | 20,000.00 |
| 1980 | 40,000.00 | 61.00 thousand | 61,000.00 |
| 1981 | 210,000.00 | 132.00 thousand | 132,000.00 |
| 1982 | 20,000.00 | 27.00 thousand | 27,000.00 |
| 1983 | 313,000.00 | 306.00 thousand | 306,000.00 |
| 1984 | 105,000.00 | 77.00 thousand | 77,000.00 |
| 1985 | - | - | - |
| 1986 | 1,000.00 | 39.00 thousand | 39,000.00 |
| 1987 | 4,000.00 | 140.00 thousand | 140,000.00 |
| 1988 | 9,000.00 | 248.00 thousand | 248,000.00 |
| 1989 | 8,000.00 | 282.00 thousand | 282,000.00 |
| 1990 | 10,302,000.00 | 5.54 million | 5,536,000.00 |
| 1991 | 56,410,000.00 | 30.23 million | 30,231,000.00 |
| 1992 | 13,124,000.00 | 7.30 million | 7,300,000.00 |
| 1993 | 9,820,000.00 | 5.65 million | 5,652,000.00 |
| 1994 | 33,749,000.00 | 21.29 million | 21,285,000.00 |
| 1995 | 44,330,000.00 | 30.53 million | 30,525,000.00 |
| 1996 | 53,584,000.00 | 32.83 million | 32,831,000.00 |
| 1997 | 58,265,000.00 | 33.47 million | 33,470,000.00 |
| 1998 | 63,538,000.00 | 42.09 million | 42,085,000.00 |
| 1999 | 138,325,000.00 | 71.42 million | 71,422,000.00 |
| 2000 | 135,276,380.00 | 53.03 million | 53,029,000.00 |
| 2001 | 170,435,000.00 | 60.12 million | 60,123,000.00 |
| 2002 | 177,601,000.00 | 74.25 million | 74,246,000.00 |
| 2003 | 162,585,000.00 | 89.78 million | 89,776,000.00 |
| 2004 | 223,327,000.00 | 146.43 million | 146,429,000.00 |
| 2005 | 256,119,000.00 | 139.36 million | 139,362,000.00 |
| 2006 | 271,116,000.00 | 142.69 million | 142,689,000.00 |
| 2007 | 304,599,000.00 | 224.14 million | 224,144,000.00 |
| 2008 | 287,167,000.00 | 344.95 million | 344,952,000.00 |
| 2009 | 284,461,000.00 | 247.34 million | 247,339,000.00 |
| 2010 | 325,157,000.00 | 290.36 million | 290,360,000.00 |
| 2011 | 301,252,000.00 | 344.97 million | 344,966,000.00 |
| 2012 | 339,864,000.00 | 423.98 million | 423,980,000.00 |
| 2013 | 286,709,000.00 | 314.66 million | 314,657,000.00 |
| 2014 | 265,534,630.00 | 256.42 million | 256,415,000.00 |
| 2015 | 248,895,450.00 | 202.48 million | 202,480,000.00 |
| 2016 | 241,869,110.00 | 187.96 million | 187,963,000.00 |
| 2017 | 309,799,210.00 | 266.90 million | 266,896,000.00 |
| 2018 | 291,004,760.00 | 239.75 million | 239,753,000.00 |
| 2019 | 350,998,160.00 | 263.45 million | 263,446,000.00 |
| 2020 | 391,191,020.00 | 312.35 million | 312,347,000.00 |
| 2021 | 450,512,330.00 | 575.27 million | 575,265,000.00 |
| 2022 | 373,739,230.00 | 615.55 million | 615,553,000.00 |
| 2023 | - | - | - |