South Korea’s export prices fell 1% year-over-year in August 2025, following a 4.3% decline in July, marking the fourth consecutive month of drops amid ongoing global economic challenges and shifting demand patterns. The decline was mainly driven by a 1.1% fall in manufactured goods prices, which had dropped 4.5% the previous month. In contrast, prices for agricultural, forestry, and marine products accelerated, rising 9.8% from 7.8% in July. Exports to the U.S. were affected by a 15% tariff, falling 12% in August. On a monthly basis, export prices increased 0.7%, slightly below July’s 0.8% gain.
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