The net terms-of-trade index for goods, which gauges the amount of import that can be bought with a unit-export proceed, stood at 83.78 in April, down 11.1 percent from a year earlier, according to the Bank of Korea (BOK).
The index marked the lowest since data began to be compiled in 1988, continuing to slide for the 13th consecutive month.
The import price surged 25.9 percent in April from a year earlier on surging commodity prices, caused by geopolitical risks in Europe and supply chain disruptions. The export price gained 11.9 percent.
The import value index went up 19.4 percent, keeping an upward trend for the 17th straight month, but the import volume index declined 5.2 percent last month.
The export value index jumped 14.0 percent, maintaining an upward momentum for 18 months in a row, while the export volume index added 1.9 percent.
Latest comments