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. source: The Bank of Korea

Export Prices YoY in South Korea decreased by 4.30 percent in July from -4.50 percent in June of 2025. Export Prices YoY in South Korea averaged 4.06 percent from 1972 until 2025, reaching an all time high of 75.40 percent in January of 1998 and a record low of -35.60 percent in January of 1999. This page includes a chart with historical data for South Korea Export Prices YoY. South Korea Export Prices YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.

Export Prices YoY in South Korea decreased by 4.30 percent in July from -4.50 percent in June of 2025. Export Prices YoY in South Korea is expected to be -2.00 percent 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 YoY is projected to trend around 3.10 percent in 2026 and 2.00 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-07-15 09:00 PM
Export Prices YoY
Jun -4.5% -2.6% -5.0%
2025-08-13 09:00 PM
Export Prices YoY
Jul -4.3% -4.5% -4.0%
2025-09-15 09:00 PM
Export Prices YoY
Aug -4.3% -4.0%


Related Last Previous Unit Reference
CPI 116.45 116.52 points Aug 2025
Core Consumer Prices 114.84 115.29 points Aug 2025
Core Inflation Rate 1.90 2.30 percent Aug 2025
CPI Housing Utilities 115.37 115.16 points Aug 2025
CPI Transportation 116.27 115.82 points Aug 2025
Export Prices 128.19 126.88 points Jul 2025
Export Prices YoY -4.30 -4.50 percent Jul 2025
Food Inflation 4.90 3.50 percent Aug 2025
GDP Deflator 114.10 113.50 points Jun 2025
Import Prices 134.87 133.73 points Jul 2025
Import Prices YoY -5.90 -6.20 percent Jul 2025
Inflation Expectations 2.60 2.50 percent Aug 2025
Inflation Rate YoY 1.70 2.10 percent Aug 2025
Inflation Rate MoM -0.10 0.20 percent Aug 2025
PPI MoM 0.40 0.10 percent Jul 2025
Producer Prices 120.20 119.77 points Jul 2025
PPI YoY 0.50 0.50 percent Jul 2025

South Korea Export Prices YoY
In South Korea, Export Prices correspond to the rate of change in the prices of goods and services sold by residents of that country to foreign buyers. Export Prices are heavily affected by exchange rates.
Actual Previous Highest Lowest Dates Unit Frequency
-4.30 -4.50 75.40 -35.60 1972 - 2025 percent Monthly
2020=100, NSA

News Stream
South Korea Export Prices Drop for 3rd Month in July
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.
2025-08-13
South Korea Export Prices Fall 4.5% Amid Trade Headwinds
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.
2025-07-15
S Korea’s Export Prices Decline as Tariff Pressures Mount
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.
2025-06-16