The Bank of Korea published preliminary April 2025 export/import price indexes and trade indexes, showing month-on-month declines in both export and import prices in KRW terms alongside a year-on-year improvement in the net barter terms of trade. The Export Price Index (KRW basis) fell 1.2% from the previous month and rose 0.7% over the last 12 months. The Import Price Index (KRW basis) fell 1.9% month-on-month and declined 2.3% year-on-year. The Net Barter Terms of Trade Index increased 1.2% year-on-year in April 2025.
Bank of Korea 2025-05-16
Bank of Korea reports April 2025 export prices down 1.2% m/m and import prices down 1.9% m/m in preliminary indexes
The Bank of Korea reported preliminary April 2025 data showing declines in both export and import price indexes in KRW terms month-on-month. The Export Price Index decreased by 1.2% from the previous month but increased by 0.7% year-on-year, while the Import Price Index fell by 1.9% month-on-month and 2.3% year-on-year. The Net Barter Terms of Trade Index improved by 1.2% year-on-year.