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Import of steel line pipe of a kind used for oil or gas pipelines longitudinally submerged arc welded to South Korea grows in 2017

The variable strongly increased by 86.58% in 2017, refreshed figures from United Nations Statistical Office show. The indicator grew sharply from 418 301 US Dollar to 780 453 US Dollar, contrarily to the previous year when it declined by 93.72 percent. South Korea saw a rise of 337.07% in metal products import over the past 30 years. Still it has attained a fall at a 0.32% average annual growth rate during the last 5 years with a slight overall raise since the start of observations. It averaged 1 804 921.13 US Dollar from 1988 to 2017 and it reached its all-time high of 9 653 575 US Dollar in 2014 and record low of 124 103 US Dollar in 1989.

Import of steel line pipe of a kind used for oil or gas pipelines longitudinally submerged arc welded to South Korea grows in 2017
Date US Dollar Variation
2017 780 453.00 86.58
2016 418 301.00 -93.72
2015 6 662 200.00 -30.99
2014 9 653 575.00 77.53
2013 5 437 864.00 705.93
2012 674 728.00 -16.81
2011 811 058.00 -83.32
2010 4 862 282.00 72.04
2009 2 826 297.00 22.36
2008 2 309 839.00 36.85

Related Statistics

Steel Import in other Countries

Main Steel Indicators