South Korea Export Prices Rises the Most Since Mid-2024

2026-03-16 21:06 By Felipe Alarcon 1 min. read

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.



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South Korea Export Prices Rises the Most Since Mid-2024
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.
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South Korea Export Price Growth Slows in December
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.
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