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Where does South Korea get its coal? Import sources 2024

In 2024, South Korea imported $15.5 billion of coal (118.2 million tonnes), 8.7% of the world total. Its main sources were Australia (33%), Indonesia (18%) and Russia (15%). South Korea was the world’s 4th-largest importer of coal.

Summary

Value
$15.5billion
Tonnes
118.2million tonnes
Share of world total
8.7%
World rank
4th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Australia5.1Tonnes: 33,719,194USD per tonne: $15132.8%Sea
Indonesia2.7Tonnes: 28,683,305USD per tonne: $9517.7%Sea
Russia2.3Tonnes: 18,509,874USD per tonne: $12314.8%Sea
Canada1.9Tonnes: 9,898,550USD per tonne: $19312.4%Sea
Colombia0.94Tonnes: 10,014,677USD per tonne: $946.1%Sea
Mozambique0.78Tonnes: 3,291,474USD per tonne: $2365%Sea
South Africa0.67Tonnes: 6,101,094USD per tonne: $1104.3%Sea
United States0.6Tonnes: 4,521,652USD per tonne: $1333.9%Sea
China0.17Tonnes: 978,476USD per tonne: $1701.1%Sea
Philippines0.1Tonnes: 1,280,980USD per tonne: $740.61%Sea
Peru0.07Tonnes: 557,598USD per tonne: $1270.46%Sea
New Zealand0.06Tonnes: 260,989USD per tonne: $2220.37%Sea
United Arab Emirates0.04Tonnes: 186,789USD per tonne: $2300.28%Sea
Singapore re-exports0.04Tonnes: 164,477USD per tonne: $2210.24%Sea
Laos0.01Tonnes: 54,900USD per tonne: $1210.04%Sea
Vietnam< 0.01Tonnes: 19,300USD per tonne: $2220.03%Sea
India< 0.01Tonnes: 1,000USD per tonne: $2400%Sea
Turkey< 0.01Tonnes: 1USD per tonne: $7,9160%Sea
Netherlands re-exports< 0.01Tonnes: 0USD per tonne: $5,8820%Sea
Ukraine< 0.01Tonnes: 0USD per tonne: $4,0800%Sea

Trend

Who it buys from

Australia was its main source throughout the period

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

  • Australia 5.1
  • Indonesia 2.7
  • Russia 2.3
  • Canada 1.9
  • Colombia 0.94

Source: CEPII BACI

Show the numbers
Partner19952024
Australia0.855.1
Indonesia0.072.7
Russia0.042.3
Canada0.321.9
Colombia00.94

Sources and methodology

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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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