South Korea’s export prices surged 46.9% year-on-year in May of 2026, the largest rise since March 1998 . he increase was mainly driven by manufactured goods, which rose 46.9%, with computers, electronic and optical equipment surging 104%. Prices also rose for coal products and petroleum products (88.6%), basic metal products (31.6%), and chemical products (28.3%). Meanwhile, prices of aagricultural, forestry and marine products increased 32.4%.