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South Korea Export Prices Rise in October
South Korea·Export Prices YoY

South Korea’s export prices surged 36.7% year on year in October 2026, easing from an upwardly revised 41.3% increase in September. Prices of manufactured goods rose 36.7%, led by a 95.9% jump in computers, electronic, and optical equipment. Coal and petroleum product prices also surged 77.2%, while prices of agricultural, forestry, and marine products rose 25.4%. The Export Volume Index increased 14.9% and the Export Value Index rose 36.6%. Meanwhile, the Export Price Index edged up 0.7% from the previous month.

4 hours ago
South Korea Export Price Growth Eases in September
South Korea·Export Prices YoY

South Korea’s export prices surged 40.9% year-over-year in September 2026, easing from a 42.4% increase in August. Prices of manufactured goods rose 41%, led by a 108.3% jump in computers, electronic and optical equipment. Coal and petroleum product prices also surged 78.2%, while chemical product prices increased 12.8%. Meanwhile, prices of agricultural, forestry, and marine products rose 26.7%. The Export Price Index fell 0.8% month-over-month. The Export Volume Index increased 11.1% year-over-year, while the Export Value Index surged 89.2%. The Net Barter Terms of Trade Index rose 25.4%.

28 days ago
South Korea Export Price Growth Eases
South Korea·Export Prices YoY

South Korea’s export prices surged 42.4% year over year in August 2026, easing from a 48.9% increase in the previous month. Among major categories, manufactured goods prices climbed 42.4%, led by a 113.2% jump in computers, electronic and optical equipment. Prices also increased for coal and petroleum products (65.9%), basic metal products (20.2%), and chemical products (14.0%). Meanwhile, prices for agricultural, forestry and marine products rose 28.4%. On a monthly basis, the Export Price Index decreased 3.7%. The Export Volume Index rose 25.9% year over year, while the Export Value Index increased 75.8%. The Net Barter Terms of Trade Index also rose 27.1%.

59 days ago
Medium Market ImpactSouth Korea Export Prices Surge in July
South Korea·Export Prices YoY

South Korea’s export prices surged 49.1% year-on-year in July 2026, marking the largest increase since 1998 during the Asian financial crisis. Among major categories, manufactured goods prices climbed 49.1%, led by a 122.3% jump in computers, electronic and optical equipment. Prices also increased for coal and petroleum products (61.5%), basic metal products (28.1%), and chemical products (22.7%). Meanwhile, prices for agricultural, forestry and marine products rose 32.6%. On a monthly basis, the Export Price Index increased 1.0%. The Export Volume Index rose 14.7% year-on-year, while the Export Value Index increased 25.8%. The Net Barter Terms of Trade Index also rose 24.7%.

91 days ago
South Korea Export Prices Jump in June
South Korea·Export Prices YoY

South Korea's export prices surged 48.9% year-on-year in June 2026, marking the largest increase since 1998 during the Asian financial crisis. Among the major categories, prices for manufactured goods climbed 48.9%, with computers, electronic and optical equipment soaring 117.4%. Prices also increased for coal and petroleum products (56.1%), basic metal products (34.3%), and chemical products (28.4%). Meanwhile, prices for agricultural, forestry, and marine products rose 40.5%. On a monthly basis, the Export Price Index was unchanged in June. South Korea's net barter terms of trade index, which compares export and import price growth, rose 15.6% year-on-year. The Export Volume Index increased 29.8%, while the Export Value Index surged 74.8%.

121 days ago
Medium Market ImpactSouth Korea Export Inflation at 28-Year High
South Korea·Export Prices YoY

South Korea’s export prices surged 46.9% year-on-year in May 2026, the largest increase since March 1998 during the foreign exchange crisis. The rise was largely driven by strong demand for semiconductors, a key South Korean export, amid the global artificial intelligence boom. Among major categories, prices for manufactured goods climbed 46.9%, with computers, electronic and optical equipment soaring 104%. Prices also increased for coal and petroleum products (88.6%), basic metal products (31.6%), and chemical products (28.3%). Meanwhile, prices for agricultural, forestry, and marine products rose 32.4%. On a monthly basis, export prices edged up 0.3%. South Korea’s net barter terms of trade index, which compares export and import price growth, rose 18.7%, its second-highest reading on record after March’s 22.8%. Despite higher oil prices, the index increased sharply as soaring semiconductor prices more than offset rising import costs.

150 days ago
Medium Market ImpactSouth Korea Export Prices Post Biggest Jump Since 1998
South Korea·Export Prices YoY

South Korea’s export prices surged 40.8% year-on-year in April 2026, the largest since 1998, and accelerating from a 29.5% increase in March, reflecting intensifying price pressures across the country’s external sector. The increase was mainly driven by manufactured goods, which rose 40.9%, with computers, electronic and optical equipment surging 88.7%, standing out as the key contributor to overall gains. Additional support came from coal and petroleum products (101.8%), basic metals (24.8%) and chemical products (21.9%), highlighting broad-based strength across major industrial export categories. Prices for agricultural, forestry and marine products also increased 28.5%.

182 days ago
South Korea Export Prices See Strong Surge
South Korea·Export Prices YoY

South Korea’s export prices rose 28.7% year-on-year in March 2026, following an 11.1% increase in February (previously 10.7%), reflecting broad-based inflationary pressures across trade flows amid surging oil prices. The increase was mainly driven by manufactured goods (28.7%), with particular strength in computers and electronic equipment (61.6%), which stood out as the key contributor to overall gains. Additional support came from basic metals (19.5%) and chemical products (7.1%), reflecting broad-based strength across core industrial export sectors. Prices for agricultural, forestry and marine products (15.7%) also contributed positively, though to a lesser extent compared to high-value manufacturing.

212 days ago
Medium Market ImpactSouth Korea Export Prices Rises the Most Since Mid-2024
South Korea·Export Prices YoY

South Korea’s export prices rose 10.7% from a year earlier in February 2026, following a downwardly revised 7.8% increase in January and marking the sharpest rise since June 2024. The increase was largely driven by a 10.7% rise in manufactured goods prices, following a 7.8% increase the previous month. Prices for agricultural, forestry and marine products climbed 11.9% from 6.4% in January. Exports to the US continued to be affected by a 15% tariff, though overall export volumes still increased 16.6% from a year earlier. On a month-on-month basis, export prices rose 2.1%, accelerating from a 4.0% gain in January.

241 days ago
South Korea Export Price Growth Accelerates in January
South Korea·Export Prices YoY

South Korea’s export prices rose 7.8% from a year earlier in January 2026, following a downwardly revised 5.0% increase in December. The increase was largely driven by a 7.8% rise in manufactured goods prices, following a 5.0% increase the previous month. Prices for agricultural, forestry and marine products climbed 6.4% from 7.4% in December. Exports to the US continued to be affected by a 15% tariff, though overall export volumes still increased 28.3% from a year earlier. On a month-on-month basis, export prices rose 4.0%, accelerating from a 0.6% gain in December.

273 days ago
US Export Prices Rise 3.3% in November
United States·Export Prices YoY

US export prices increased 3.3% year-on-year in November 2025, according to delayed data from the Bureau of Labor Statistics. Figures for October were unavailable due to last fall’s US government shutdown. Agricultural export prices rose 2.6%, reflecting higher prices for vegetables, nuts, and fruit. Nonagricultural export prices advanced 3.3%, driven by higher prices for nonagricultural industrial supplies and materials, capital goods, and consumer goods. US export prices increased 0.5% over the two-month period ending in November 2025, as higher prices for agricultural exports (1.3%) and nonagricultural exports (0.4%) contributed to the advance. The Bureau of Labor Statistics did not collect survey data for October 2025 due to a lapse in appropriations.

301 days ago
South Korea Export Price Growth Slows in December
South Korea·Export Prices YoY

South Korea’s export prices rose 5.5% from a year earlier in December 2025, following a downwardly revised 6.8% increase in a month earlier. The increase was largely driven by a 5.5% rise in manufactured goods prices, following a 6.8% increase the previous month. Prices for agricultural, forestry and marine products climbed 7% from 10.4% in November. Exports to the US continued to be affected by a 15% tariff, though overall export volumes still increased 11.9% from a year earlier. On a month-on-month basis, export prices rose 1.1%, slowing from a 3.5% gain in November.

303 days ago
South Korea Export Prices Rise for 3rd Month
South Korea·Export Prices YoY

South Korea’s export prices rose 7.0% year-on-year in November 2025, following a 4.8% increase in October and reversing earlier declines. The increase was largely driven by a 7.0% rise in manufactured goods prices, following a 4.8% increase the previous month. Prices for agricultural, forestry and marine products climbed 9.4% from 8.9% in October. Exports to the US continued to feel the impact of a 15% tariff, with overall export volume increasing 6.8% year-on-year in November. On a monthly basis, export prices increased 3.7%, down from a 4.1% gain in the prior month.

336 days ago
South Korea Export Prices Rise for 2nd Month
South Korea·Export Prices YoY

South Korea’s export prices rose 4.8% year-on-year in October 2025, following a downwardly revised 2.1% increase in September and reversing earlier declines. The increase was largely driven by a 4.8% rise in manufactured goods prices, following a 2.0% increase the previous month. Prices for agricultural, forestry, and marine products eased slightly, climbing 8.8% from 9.9% in September. Exports to the US continued to feel the impact of a 15% tariff, with overall export volume decreasing 1.0% year-on-year in October. On a monthly basis, export prices jumped 4.1%, up from a 0.5% gain in the prior month.

364 days ago
Export Prices Climb After 4-Month Drop
South Korea·Export Prices YoY

South Korea’s export prices rose 2.2% from a year earlier in September 2025, reversing a 1% decline in August and ending a four-month streak of falling prices. The increase was largely driven by a 2.1% rise in manufactured goods prices, following a 1.1% drop the previous month. Prices for agricultural, forestry, and marine products also accelerated, climbing 10.2% from 9.8% in August. Exports to the US continued to feel the impact of a 15% tariff, declining 12% in August. On a monthly basis, export prices edged up 0.6%, matching the pace seen in the prior month.

392 days ago
South Korea’s Export Prices Fall for 4th Straight Month
South Korea·Export Prices YoY

South Korea’s export prices fell 1% year-over-year in August 2025, following a 4.3% decline in July, marking the fourth consecutive month of drops amid ongoing global economic challenges and shifting demand patterns. The decline was mainly driven by a 1.1% fall in manufactured goods prices, which had dropped 4.5% the previous month. In contrast, prices for agricultural, forestry, and marine products accelerated, rising 9.8% from 7.8% in July. Exports to the U.S. were affected by a 15% tariff, falling 12% in August. On a monthly basis, export prices increased 0.7%, slightly below July’s 0.8% gain.

423 days ago
South Korea Export Prices Drop for 3rd Month in July
South Korea·Export Prices YoY

South Korea’s export prices fell 4.3% year-over-year in July 2025, following a 4.5% decline in June, marking the third consecutive month of declines. The drop was largely driven by a sharp 4.3% fall in manufactured goods prices, which had risen 4.5% the previous month. In contrast, prices for agricultural, forestry, and marine products accelerated, climbing 7.8% from 3.7%. The weakness reflects mounting external challenges, including newly imposed US tariffs of up to 25% announced by President Trump, set to take effect on August 1.On a monthly basis, export prices rose 1%, rebounding from a 1.2% decline in June.

456 days ago
Medium Market ImpactSouth Korea Export Prices Fall 4.5% Amid Trade Headwinds
South Korea·Export Prices YoY

South Korea’s export prices fell 4.5% year-on-year in June 2025, deepening from a revised 2.6% drop in May. The decline was largely driven by a sharp 4.5% fall in manufactured goods prices, which had previously risen 2.6% the month before. Growth in agricultural, forestry, and marine product prices also slowed, easing to 3.7% from 6.7%. On a monthly basis, export prices declined 1.1% after a 3.5% drop in May, with the Korean won’s appreciation playing a key role. The continued weakness in export prices reflects growing external challenges, including newly imposed US tariffs of up to 25% announced by President Trump, set to take effect on August 1. These factors are adding pressure to South Korea’s trade environment in the months ahead.

485 days ago
Medium Market ImpactS Korea’s Export Prices Decline as Tariff Pressures Mount
South Korea·Export Prices YoY

South Korea's export prices dropped 2.4% year-on-year in May 2025, reversing from a 0.4% increase the previous month and ending a 16-month streak of annual growth. The decline was driven by a downturn in manufactured goods prices, which fell 2.4% after rising 0.4% in April, while growth in agricultural, forestry, and marine product prices slowed to 6.9% from 9.4%. On a monthly basis, export prices fell 3.4%, following a 1.5% drop in April, largely due to the Korean won’s appreciation. The slowdown comes amid growing external pressure, including newly announced US tariffs of up to 49% by President Trump, adding to an existing 10% blanket duty. Although implementation has been delayed by 90 days, fears are mounting over the impact on the country’s export-dependent economy. At the same time, political instability is escalating ahead of the June 3 snap presidential election, triggered by the ouster of President Yoon Suk Yeol after his brief declaration of martial law.

514 days ago
Medium Market ImpactSouth Korea's Export Price Growth Slows
South Korea·Export Prices YoY

South Korea's export prices rose 0.7% from a year earlier in April 2025, marking the 16th consecutive month of growth but slowing sharply from March's 6.3% increase. Growth in manufactured goods prices eased significantly (0.6% vs 6.4%), while agricultural, forestry, and marine product prices surged 9.2%, accelerating from 7.7% the month prior. On a monthly basis, export prices fell 1.2%, which was largely attributed to the appreciation of the Korean won, after a 0.4% gain in March. The slowdown comes as South Korea faces mounting external pressure, including newly announced US tariffs of up to 49% by President Trump, with a 10% blanket duty already in place. Although full implementation is delayed by 90 days, concerns are rising over the impact on the export-reliant economy. Meanwhile, political uncertainty is intensifying ahead of a June 3 snap presidential election following the ouster of President Yoon Suk Yeol after his brief declaration of martial law.

546 days ago