South Korea's export prices jumped 18.6 percent year-on-year in August of 2021, accelerating from an upwardly revised 17.4 percent rise in July. It was the fastest rise in export prices since February 2009. On a monthly basis, export prices increased 1 percent, the ninth straight monthly gain amid a strong recovery in exports. Meanwhile, import prices soared 21.6 percent from a year earlier, the most since December 2008; and were up 0.6 percent from July due to higher oil prices. source: The Bank of Korea
Export Prices in South Korea averaged 95.30 points from 1971 until 2021, reaching an all time high of 202.14 points in January of 1998 and a record low of 17.87 points in January of 1971. This page provides - South Korea Export Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Export Prices - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Export Prices in South Korea is expected to be 84.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Export Prices is projected to trend around 84.00 points in 2022, according to our econometric models.