The Bank of Korea published preliminary May 2025 Export/Import Price Indexes and Trade Indexes, showing monthly declines in both export and import prices on a Korean won basis. The export price index fell 3.4% from the previous month and was down 2.4% over the last 12 months. The import price index decreased 3.7% month on month and 5.0% year on year, while the net barter terms of trade index increased 3.4% year on year in May 2025.
Bank of Korea 2025-06-17
Bank of Korea releases preliminary May 2025 trade statistics with export and import price indexes down 3.4% and 3.7% month on month
The Bank of Korea released preliminary May 2025 data indicating declines in both export and import price indexes on a Korean won basis. The export price index dropped 3.4% month-on-month and 2.4% year-on-year, while the import price index fell 3.7% month-on-month and 5.0% year-on-year. The net barter terms of trade index rose 3.4% year-on-year.