Based on the provided data, South Korea's fuel exports as a percentage of goods exports are expected to remain stable from 2024 to 2028, consistently at 9.47%. This represents a flat trend with no year-on-year variation over the forecast period.
Given that no specific data is provided for 2023, it can be inferred that 9.47% is the starting value upon which the forecast is based. Hence, the compound annual growth rate (CAGR) over the upcoming five years is forecasted to be 0%, indicating no anticipated growth or decline in the share of fuel exports.
Future trends to watch for include potential market shifts due to geopolitical changes, advancements in renewable energy, and global demand fluctuations that could impact South Korea's fuel export stability. Additionally, economic policies within South Korea and international trade agreements may influence these values moving forward.