FX.co ★ South Korea Export Prices Rises the Most Since Mid-2024

South Korea’s export prices rose 10.7% year-on-year in February 2026, up from a downwardly revised 7.8% increase in January and marking the fastest pace of growth since June 2024. The overall advance was primarily driven by a 10.7% rise in manufactured goods prices, compared with a 7.8% gain in the previous month. Prices of agricultural, forestry, and marine products also strengthened, climbing 11.9% after a 6.4% increase in January. Exports to the United States remained subject to a 15% tariff, yet total export volumes still expanded 16.6% from a year earlier. On a month-on-month basis, export prices increased 2.1% in February, following a 4.0% rise in January.