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Recently, according to "Asia Lubricant Weekly" news, in October compared with the same period last year, South Korea's base oil exports increased again in October, and export revenue more than doubled
In October, South Korea exported 429,142 tons of base oil, an increase of 22% from 351,803 tons in the same period last year, and an increase of 31% from 328,315 tons in October 2019
In October, South Korea imported 32,262 tons of base oil, a decrease of 9% from 35,303 tons in the same period last year, and a decrease of 36% from 50,177 tons in October 2019
South Korea is one of the world's largest exporters of base oil.