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South Korea Non-edible Fats and Oils Export quantity
What is South Korea's non-edible fats and oils export quantity (t)? As of 2023, it's 41.6K Tons, up from 30.8K Tons in 2014.
| Label | Non-edible Fats and Oils Export quantity (t) |
|---|---|
| 2014 | 30815 Tons |
| 2015 | 16075 Tons |
| 2016 | 17485 Tons |
| 2017 | 16372 Tons |
| 2018 | 13916 Tons |
| 2019 | 16913 Tons |
| 2020 | 48204 Tons |
| 2021 | 37930 Tons |
| 2022 | 40874 Tons |
| 2023 | 41628 Tons |
Data Source: Food and Agriculture Organization (FAO) and Wantstats Repository
South Korea Non-edible Fats and Oils Export quantity: Key Points
- Look at the two endpoints first. South Korea's non-edible Fats and Oils Export quantity opens at 30.82K t in 2014 and closes at 41.63K t in 2023 — up, roughly 35%.
- 2015: falls away sharply to 16.07K t (-48%).
- 2019: rises to 16.91K t (+22%).
- 2020: spikes to 48.20K t (+185%).
- 2021: drops to 37.93K t (-21%).
- Where it lands: 41.63K t in 2023, a 35.1% climb from the 2014 starting line.
Why There's No Clean Trend Here
Don't anchor on the most recent year. With this much back-and-forth, the latest reading is one data point among several similarly-weighted ones, not the start of a new trend.
Use the direction of this line more than any single year's value — non-edible Fats and Oils Export quantity figures like this one are most reliable as a trend indicator, less reliable as a precise year-by-year scorecard.
Source here is a national/international statistics body, not a live measurement — most time series like this are interpolated or modeled between actual survey years. Treat the trend as the real signal, individual years as approximate.
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