SK February export prices have risen 0.2% y/y
- while import prices have fallen 0.8% y/y
(In won terms).
Rising prices for exports and lower for imports means the terms of trade is improving, a positive for the country (that's a very brief explanation - some will point out that higher prices for exports might translate to fewer exports. But, hey, I'm not writing a thesis here, K? :-D).
Export prices have risen in Feb 2021 for the first time since May 2019.
