South Korea’s export prices jumped 48.9% year-on-year in June 2026, the fastest increase since the Asian financial crisis in 1998. Among major categories, prices for manufactured goods also rose 48.9%, driven in particular by a 117.4% surge in computers, electronic, and optical equipment.
Prices were higher across other key sectors as well: coal and petroleum products increased 56.1%, basic metal products 34.3%, and chemical products 28.4%. Prices for agricultural, forestry, and marine products climbed 40.5%.
On a month-on-month basis, however, the Export Price Index was flat in June.
South Korea’s net barter terms of trade index—which measures the relative change in export prices versus import prices—rose 15.6% from a year earlier. Over the same period, the Export Volume Index increased 29.8%, while the Export Value Index surged 74.8%.
