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 84.74 in October, down 7.4 percent from a year earlier, according to the Bank of Korea (BOK).
It continued to slide for 19 successive months on the back of lower export price and higher import cost.
The import value index advanced 9.8 percent in October from a year earlier, keeping an upward trend for the 23rd straight month amid high prices for mining products such as crude oil.
In terms of volume, the import increased 5.3 percent last month on demand for transport equipment and electronic and optical devices.
The export value index retreated 6.7 percent, marking the first decline in 24 months since October 2020.
The export volume index fell 3.4 percent in October on soft demand for textiles and oil products.
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