Import and export prices · South Korea
South Korea Import Prices YoY
The South Korea Import Prices YoY measures the change in the prices of goods that South Korea buys from (imports) or sells to (exports) the rest of the world.
- Importance
- Low
- Released
- Monthly
- Next release
- Currency
- KRW · South Korean won
- Central bank
- The Bank of Korea
Latest figures
The latest release for SEP, published on 15 October 2026, came in at 17.6%, up from 15.9% the time before (revised).
Over the last 12 releases it ranged from -1.2% to 24.8%, averaging 11.6%.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 15 Oct 2026 | SEP | 17.6% | – | 15.9% ® |
| 14 Sep 2026 | AUG | 15.6% | – | 18.8% ® |
| 13 Aug 2026 | JUL | 18.7% | – | 20.9% ® |
| 14 Jul 2026 | JUN | 20.6% | – | 25.4% ® |
| 15 Jun 2026 | MAY | 24.8% | – | 20.5% ® |
| 14 May 2026 | APR | 20.2% | – | 20.4% ® |
| 14 Apr 2026 | MAR | 18.4% | – | 1.6% ® |
| 16 Mar 2026 | FEB | 1.2% | – | -0.9% ® |
| 12 Feb 2026 | JAN | -1.2% | – | 0.5% ® |
| 13 Jan 2026 | DEC | 0.3% | – | 2.2% |
| 11 Dec 2025 | NOV | 2.2% | – | 0.5% |
| 13 Nov 2025 | OCT | 0.5% | – | 0.6% |
Why it matters
Import prices pass through to consumer inflation, especially when the South Korean won has weakened. Export prices and the terms of trade (export ÷ import prices) show how much a country earns for what it sells, which matters for commodity exporters such as Australia, Canada and New Zealand.
How it is calculated
Prices of traded goods are surveyed or taken from customs data and weighted by trade shares.
Terms of trade = export price index ÷ import price index × 100What changes mean
- Rising import prices with a weak currency: more inflation ahead.
- Improving terms of trade support national income and the currency.
A short history
Terms of trade have been studied since David Ricardo's comparative advantage (1817); the Prebisch–Singer thesis (1950) argued that commodity exporters' terms of trade tend to decline.
Questions
What is the South Korea Import Prices YoY?
The South Korea Import Prices YoY measures the change in the prices of goods that South Korea buys from (imports) or sells to (exports) the rest of the world.
What was the latest South Korea Import Prices YoY?
17.6% for SEP, published on 15 October 2026.
When is the next South Korea Import Prices YoY?
On Thursday 12 November 2026 at 21:00 UTC.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.