South Korea’s export prices jumped 46.9% year-on-year in May 2026, marking the fastest increase since March 1998. The surge was largely driven by manufactured goods, which also climbed 46.9%, led by a 104% spike in computers, electronic, and optical equipment. Export prices additionally rose for coal and petroleum products (88.6%), basic metal products (31.6%), and chemical products (28.3%). Meanwhile, prices of agricultural, forestry, and marine products advanced 32.4%.