Algeria Ranks Third as a Leading Supplier of Petroleum Products to South Korea

Algeria secured the third spot among South Korea's main suppliers of petroleum products during the first nine months of 2026, recording an average export volume of 67,000 barrels per day. Japan led the list with 74,000 barrels, followed by the UAE with 72,000, while the US ranked fourth. South Korea's total imports of these products saw a significant 29% decline compared to the previous year, averaging 706,000 barrels per day. The five Arab nations listed in the top ten suppliers account for 33% of South Korea's total imports, amid a consistent quarterly downward trend in the country's petroleum intake.