Export Prices in South Korea dropped 2.7% year-on-year in February 2023, following an upwardly revised 1.2% fall the previous month. It marked the sharpest annual decline in export prices since December 2020, due to stronger won as costs dropped further for agricultural, forestry, and marine products (-1.9% vs. -0.2% YOY in January) and manufacturing products (-2.7 vs. -1.2% YoY ). On a monthly basis, export prices rose 0.7 percent in February 2023, following a 2.9 percent decline in the prior month. source: The Bank of Korea
Export Prices YoY in South Korea averaged 4.26 percent from 1972 until 2023, 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 March of 2023.
Export Prices YoY in South Korea is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.