South Korea Imports of Crude Petroleum  Forecast


Imports of Crude Petroleum in South Korea is expected to be 4726657.98 USD THO by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports of Crude Petroleum in South Korea to stand at 4559429.70 in 12 months time. In the long-term, the South Korea Imports of Crude Petroleum is projected to trend around 4173941.48 USD THO in 2020, according to our econometric models.


South Korea Imports of Crude Petroleum
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South Korea Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade 13800 6179 7703 8900 8630 17300
Exports 55100 43717 47836 48900 51788 50800
Imports 41400 37538 40133 40133 40518 49000
Current Account 6061 9450 12500 8700 3906 9010
Current Account to GDP 7 7 6.2 6.2 4.47 5.8
External Debt 407341 400000 378000 380000 407495 461000
Terms of Trade 106 105 106 106 106 106
Foreign Direct Investment 3991000 8160000 4131546 5378218 4186374 9040000
Capital Flows 9103 11700 10117 12117 5660 14800
Tourism Revenues 1360100 1380000 1600000 1500000 1110349 1920000
Tourist Arrivals 1103506 1480000 1294735 1710000 997300 2890000
Gold Reserves 104 103 102 101 99.91 90.62
Terrorism Index 0.23 0.2 0.2 0.2 0.64 0.42
Weapons Sales 534 283 220 220 250 260