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2025.12.1121:23:23UTC+00South Korea Export Prices Rise for 3rd Month

In November 2025, South Korea witnessed a 7.0% year-over-year rise in export prices, up from 4.8% in October, effectively reversing previous downturns. This surge was primarily attributed to a 7.0% increase in the prices of manufactured goods, which followed a 4.8% rise in October. Additionally, prices for agricultural, forestry, and marine products saw an increase of 9.4%, up from 8.9% the previous month. Despite the continuation of a 15% tariff impacting exports to the United States, the overall export volume grew by 6.8% compared to the same period last year. However, on a monthly basis, export prices saw a more modest rise of 3.7%, slightly lower than the 4.1% increase observed in October.

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