Korea's oil refining industry, by the numbers

Supply chain indicators for oil refining and petrochemicals held by a country that produces not a single drop of crude oil

2.85 million barrels

Average daily crude oil imports

60%

Proportion of re-exports after refining

5th in the world

Ranking of petroleum product production capacity

30%

Global aviation fuel market share

70%

Proportion of South Korean products in U.S. aviation fuel imports

146 million barrels

Strategic petroleum reserves (approx. 208 days' worth)

Domestic consumption is only 40% of imported crude oil — the rest is converted into high-value-added products and sent around the world