MORROWFLY

Import-dependence profile

South Korea

2024 vintage · annual data, 1–2y lag8 critical dependencies across 5 commodities

Every row below is a sourced trade-structure fact: the share of South Korea’s imports of a commodity that come from one supplier. “Critical” means ≥20% — the same threshold the scenario pages use. Coverage is the 28 monitored commodities, not all imports; where a supplier share is below the threshold it is shown as context, not exposure.

Iron ore

4.62% of world imports · 1 critical supplier
  • 69.99% of South Korea’s iron ore imports come from Australia (4.94% of world exports)critical

  • 13.33% of South Korea’s iron ore imports come from Brazil (34.5% of world exports)

  • 8.63% of South Korea’s iron ore imports come from South Africa (2.1% of world exports)

  • 5.5% of South Korea’s iron ore imports come from Canada (10.86% of world exports)

  • 0.32% of South Korea’s iron ore imports come from India (6.02% of world exports)

Crude oil

6.47% of world imports · 1 critical supplier
  • 34.82% of South Korea’s crude oil imports come from Saudi Arabia (14.28% of world exports)critical

    Shocked by: What if Hormuz stays choked through winter? · What if energy infrastructure gets hit next?

  • 16.8% of South Korea’s crude oil imports come from United States (6.55% of world exports)

  • 14.06% of South Korea’s crude oil imports come from United Arab Emirates (9.51% of world exports)

  • 9.06% of South Korea’s crude oil imports come from Iraq (7.48% of world exports)

  • 7.85% of South Korea’s crude oil imports come from Kuwait (2.2% of world exports)

  • 5.33% of South Korea’s crude oil imports come from Qatar (1.62% of world exports)

Corn

6% of world imports · 3 critical suppliers

Lng

13.28% of world imports · 2 critical suppliers
  • 24.61% of South Korea’s lng imports come from Australia (4.94% of world exports)critical

  • 22.76% of South Korea’s lng imports come from Qatar (1.62% of world exports)critical

  • 11.57% of South Korea’s lng imports come from Malaysia (5.66% of world exports)

  • 10.39% of South Korea’s lng imports come from United States (6.55% of world exports)

  • 4.27% of South Korea’s lng imports come from Russia (9.38% of world exports)

Aluminum

5.17% of world imports · 1 critical supplier
  • 21.56% of South Korea’s aluminum imports come from Russia (9.38% of world exports)critical

  • 15.13% of South Korea’s aluminum imports come from India (6.02% of world exports)

  • 9.04% of South Korea’s aluminum imports come from Malaysia (5.66% of world exports)

  • 5.58% of South Korea’s aluminum imports come from United Arab Emirates (9.51% of world exports)

  • 0% of South Korea’s aluminum imports come from Canada (10.86% of world exports)

Illustrative exposure lens — not a prediction, not financial advice.