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Where does South Korea get its unwrought aluminum? Import sources 2024

In 2024, South Korea imported $4 billion of unwrought aluminum (1.6 million tonnes), 5.2% of the world total. Its main sources were Australia (25%), Russia (22%) and India (15%). South Korea was the world’s 5th-largest importer of unwrought aluminum.

Summary

Value
$4billion
Tonnes
1.6million tonnes
Share of world total
5.2%
World rank
5th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Australia992Tonnes: 388,419USD per tonne: $2,55324.8%Sea
Russia863Tonnes: 338,575USD per tonne: $2,54821.6%Sea
India605Tonnes: 232,890USD per tonne: $2,59915.1%Sea
Malaysia362Tonnes: 149,315USD per tonne: $2,4239%Sea
United Arab Emirates223Tonnes: 85,193USD per tonne: $2,6225.6%Sea
Qatar219Tonnes: 85,503USD per tonne: $2,5635.5%Sea
New Zealand197Tonnes: 79,292USD per tonne: $2,4874.9%Sea
Bahrain156Tonnes: 60,530USD per tonne: $2,5843.9%Sea
Saudi Arabia128Tonnes: 51,569USD per tonne: $2,4843.2%Sea
China88.4Tonnes: 37,330USD per tonne: $2,3682.2%Sea
Indonesia53.5Tonnes: 21,254USD per tonne: $2,5161.3%Sea
Oman41.8Tonnes: 15,790USD per tonne: $2,6441%Sea
Germany22.2Tonnes: 8,032USD per tonne: $2,7670.56%Sea
Japan8.2Tonnes: 2,248USD per tonne: $3,6630.21%Sea
Vietnam6Tonnes: 2,403USD per tonne: $2,4890.15%Sea
Singapore re-exports5.9Tonnes: 2,301USD per tonne: $2,5530.15%Sea
Tajikistan5.7Tonnes: 2,707USD per tonne: $2,1000.14%Sea
Taiwan5.2Tonnes: 1,955USD per tonne: $2,6650.13%Sea
South Africa4Tonnes: 1,922USD per tonne: $2,1000.1%Sea
United States3.5Tonnes: 1,599USD per tonne: $2,1580.09%Sea

Trend

Who it buys from

Australia has been its main source since 2024

Value in USD billions. The five largest sources in 2024.

  • Australia 0.99
  • Russia 0.86
  • India 0.61
  • Malaysia 0.36
  • United Arab Emirates 0.22

Source: CEPII BACI

Show the numbers
Partner19952024
Australia0.280.99
Russia0.140.86
India0.020.61
Malaysia< 0.010.36
United Arab Emirates0.10.22

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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