South Korea Export Prices YoY

South Korea’s export prices rose 4.8% year-on-year in October 2025, following a downwardly revised 2.1% increase in September and reversing earlier declines. The increase was largely driven by a 4.8% rise in manufactured goods prices, following a 2.0% increase the previous month. Prices for agricultural, forestry, and marine products eased slightly, climbing 8.8% from 9.9% in September. Exports to the US continued to feel the impact of a 15% tariff, with overall export volume decreasing 1.0% year-on-year in October. On a monthly basis, export prices jumped 4.1%, up from a 0.5% gain in the prior month.