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Where does South Korea get its liquefied petroleum gas (propane and butane)? Import sources 2024

In 2024, South Korea imported $5.2 billion of liquefied petroleum gas (propane and butane) (8.6 million tonnes), 6.1% of the world total. The United States sold 84% of the total, followed by Canada (7%) and Saudi Arabia (4%). South Korea was the world’s 4th-largest importer of liquefied petroleum gas (propane and butane).

Summary

Value
$5.2billion
Tonnes
8.6million tonnes
Share of world total
6.1%
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
United States4.4Tonnes: 7,175,693USD per tonne: $61284.2%Sea
Canada0.37Tonnes: 723,644USD per tonne: $5047%Sea
Saudi Arabia0.2Tonnes: 318,994USD per tonne: $6313.9%Sea
Australia0.06Tonnes: 101,761USD per tonne: $5481.1%Sea
Malaysia0.05Tonnes: 82,447USD per tonne: $6220.98%Sea
United Arab Emirates0.05Tonnes: 71,271USD per tonne: $6400.87%Sea
Nigeria0.03Tonnes: 49USD per tonne: $620,5880.58%Air
Algeria0.03Tonnes: 47,496USD per tonne: $6300.57%Sea
Kuwait0.03Tonnes: 47,873USD per tonne: $6220.57%Sea
Panama0.01Tonnes: 20,420USD per tonne: $6300.25%Sea
Japan< 0.01Tonnes: 5,047USD per tonne: $6240.06%Sea
China< 0.01Tonnes: 98USD per tonne: $3,2080.01%Sea
Taiwan< 0.01Tonnes: 35USD per tonne: $6,9440%Sea
Liberia< 0.01Tonnes: 226USD per tonne: $5980%Sea
United Kingdom< 0.01Tonnes: 5USD per tonne: $2,8250%Sea
Germany< 0.01Tonnes: 0USD per tonne: $32,0610%Sea
Hong Kong re-exports< 0.01Tonnes: 1USD per tonne: $1,2250%Sea
Netherlands re-exports< 0.01Tonnes: 0USD per tonne: $251,0000%Air
Vietnam< 0.01Tonnes: 0USD per tonne: $4,3040%Sea
Poland< 0.01Tonnes: 0USD per tonne: $9,4000%Sea

Trend

Who it buys from

The United States has been its main source since 2015

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

  • United States 4.4
  • Canada 0.37
  • Saudi Arabia 0.2
  • Australia 0.06
  • Malaysia 0.05

Source: CEPII BACI

Show the numbers
Partner19952024
United States0.014.4
Canada00.37
Saudi Arabia0.520.2
Australia< 0.010.06
Malaysia< 0.010.05

Sources and methodology

Other products of this country

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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