South Korea linseed oil export quantities

The amount of linseed oil exported by South Korea in 2020 was 8 metric tons. In 2019 South Korea shipped 8 tonnes of linseed oil. Across 2019 alone, the demand for South Korea linseed oil (processed category) has shrunk, changing by -61.905 pc compared to the year 2018. Between 2017 and 2019, linseed oil's exports grew by 33.33 pc netting the nation US$0.05m for the year 2019. South Korea's linseed oil exports are categorised as:

  • Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
  • Crude linseed oil (HS code 151511)


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South Korea linseed oil export values

In 2019, South Korea sold linseed oil valued at 0.05m USD, a drop of -27.54% from 2018's total linseed oil export of 0.069m USD. The annual reduction in value of South Korea linseed oil between 2017 to 2018 was 97.143%.

The annual change in the quantity of South Korea's linseed oil exports between 2017 and 2019 was 33.33% compared to a variation of -61.905% in the period between 2018 and 2019.

South Korea's portion of the world's total linseed oil's exports in 2019 was less than 1%. South Korea is ranked number 35 in world exports of linseed oil.


Export markets for South Korea linseed oil ( in '000$ )

South Korea's leading export markets for linseed oil are the Netherlands, Hong Kong, Spain, Nigeria and Egypt.


Import/Export Trends

South Korea is a net exporter of linseed oil. The annual growth of South Korea linseed oil in value between 2015 to 2019 was 135%, per year, while annual growth in quantity during the same period was %, per annum.

South Korea bought 4,352 tonnes of linseed oil in 2019.