The Bank of Korea published its preliminary June 2026 export and import price indexes and trade indexes. On a KRW basis, export prices were unchanged from May and were 48.9 percent higher than a year earlier, while import prices fell 4.4 percent on the month but remained 20.6 percent above June 2025. In USD-based trade indexes, export volume rose 29.8 percent year on year and import volume rose 12.0 percent, while export and import value indexes increased 74.8 percent and 30.5 percent respectively. The net barter terms of trade index rose 15.6 percent year on year. The flat monthly export price reading masked divergent moves across categories, with a 13.9 percent drop in coal and petroleum products offset by gains in areas including computers, electronic and optical equipment, which rose 4.5 percent on the month and 117.4 percent on the year. The decline in import prices was concentrated in raw materials and intermediate goods, down 10.3 percent and 3.2 percent on the month, with mining products down 11.3 percent and coal, crude petroleum and natural gas down 13.3 percent. By contrast, capital goods and consumer goods import prices both rose 1.6 percent on the month. The June figures are preliminary. Export and import price indexes are subject to revision next month, while trade indexes may be revised with the following month's release and will be finalized in March of the following year after customs data are confirmed.
Bank of Korea2026-07-15
Bank of Korea publishes preliminary June trade indexes, export prices flat on month and import prices down 4.4 percent
The Bank of Korea's preliminary June 2026 data showed export prices unchanged on the month and import prices down 4.4 percent on a KRW basis, although both remained well above year-earlier levels. Export volume rose 29.8 percent year on year and import volume 12.0 percent, while the net barter terms of trade index increased 15.6 percent. The figures are preliminary and subject to later revision.