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South Korea commodity terms of trade index: export and import price indices of energy, metals and food commodities (IMF)

Monthly country-specific commodity price indices for South Korea computed by the IMF Research Department: the commodity terms-of-trade (net export price) index, which proxies the income gains and losses from changes in world prices of up to 45 commodities (energy, metals, food and agricultural raw materials), and the commodity export and import price indices, each weighted by South Korea's own commodity trade relative to total commodity trade or to GDP, with rolling (three-year) or fixed weights.

Source: IMF – Commodity Terms of Trade database (CTOT), Research DepartmentLast updated: Curated by Bui Thanh Phuc

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Indicator05-202604-202603-202602-202601-202612-202511-202510-202509-202508-202507-202506-202505-202504-202503-202502-202501-202512-202411-202410-202409-202408-202407-202406-202405-202404-202403-202402-202401-202412-202311-202310-202309-202308-202307-202306-202305-2023
Rolling weights (average trade of the three preceding years)6
Commodity terms of trade: net export price index, weighted by net exports to total commodity trade95.895.6593.47110.94111.73114.11112.48113.35111.9112.02110.23109.75113.2112.26107.95105.09104.01106.3106.24106.29108.45106.16105.42104.25104.34105.11107.62108.82106.17104.53101.2999.1699.24103.13105.69107.89107.32
Commodity terms of trade: net export price index, weighted by net exports to GDP99.9799.9499.48102.94103.09103.53103.23103.39103.12103.14102.81102.72103.36103.19102.39101.84101.63102.07102.06102.07102.48102.04101.9101.68101.69101.84102.32102.55102.05101.73101.09100.66100.68101.46101.95102.37102.27
Commodity export price index, weighted by share in commodity exports110.79112.19114.1980.8176.173.5674.9175.1878.2677.680.1279.8374.3976.8182.0784.7887.8682.7182.785.2883.1587.8992.1692.2493.4298.1293.7989.787.1785.1389.2494.4197.791.1487.0382.2582.93
Commodity export price index, weighted by exports to GDP99.95100100.0898.5398.2798.1298.298.2198.3998.3598.598.4898.1798.3198.698.7598.9198.6498.6498.7798.6698.9199.1299.1299.1899.499.29998.8798.7798.9899.2399.3899.0798.8698.6198.65
Commodity import price index, weighted by share in commodity imports107.94108.56112.4181.4779.3376.4478.2977.5979.8279.5281.9482.3277.4879.0684.7788.690.7286.6886.7387.4684.5988.3890.4191.7491.9992.4388.4986.188.1489.3294.3198.5499.4292.7188.6384.8885.67
Commodity import price index, weighted by imports to GDP99.94100.03100.5795.6895.2994.7495.0994.9695.3895.3295.7795.8394.9495.2496.2796.9397.2996.696.6196.7496.2496.997.2497.4697.597.5796.9196.5196.8697.0597.8898.5498.6897.6296.9496.2996.43
Fixed weights (average trade over several decades)6
Commodity terms of trade: net export price index, weighted by net exports to total commodity trade97.2997.1896.36113.54115.76117.62116.02116.61114.75114.41113.14113.23116.44115.44111.91109.3107.93110.34109.75108.38110.53108.57106.71105.83105.4104.99107.02108.46107.12106.32103.94101.2999.96104.09106.2108.66107.62
Commodity terms of trade: net export price index, weighted by net exports to GDP99.6399.6199.47101.85102.12102.35102.15102.23101.99101.95101.78101.78102.2102.07101.61101.26101.07101.39101.31101.15101.43101.16100.92100.8100.75100.7100.98101.17100.98100.87100.53100.1699.99100.56100.87101.2101.06
Commodity export price index, weighted by share in commodity exports124.84126.24128.88105.54101.1697.8296.4596.2996.9993.3496.7597.693.7495.89100.9102.55105.94100.1999.22100.1998.18101.64104.09106.74112.06114.85109.88106.77105.06100.41101.67104.8106.24102.75102.9499.58101.87
Commodity export price index, weighted by exports to GDP100.55100.57100.62100.0199.8999.899.7899.7899.8299.7499.8399.8499.7199.7799.9199.96100.0499.8999.8899.9299.8699.96100.04100.08100.18100.25100.14100.0510099.999.96100.05100.199.9999.9699.8699.9
Commodity import price index, weighted by share in commodity imports109.1109.52111.2186.6283.7681.4582.6782.1383.9283.5685.3585.481.6682.9487.1490.0492.0288.4788.990.5387.9490.6293.0694.4195.7296.7193.4791.2692.3592.4395.4399.19101.1595.4492.9789.6691.09
Commodity import price index, weighted by imports to GDP100.92100.97101.1698.297.8297.597.6897.6197.8797.8398.0898.0997.5797.7598.3398.7298.9898.5398.5898.7898.4698.8299.1399.2899.4399.5699.1798.8999.0299.0499.4399.89100.1299.4399.198.6898.85

Latest reading

The series on this page is monthly and runs from Jan 1980 to May 2026. Source: IMF – Commodity Terms of Trade database (CTOT), Research Department.

About this data

Monthly country-specific commodity price indices for South Korea computed by the IMF Research Department: the commodity terms-of-trade (net export price) index, which proxies the income gains and losses from changes in world prices of up to 45 commodities (energy, metals, food and agricultural raw materials), and the commodity export and import price indices, each weighted by South Korea's own commodity trade relative to total commodity trade or to GDP, with rolling (three-year) or fixed weights. Index, June 2012 = 100.

Frequently asked questions

What is the latest figure for South Korea commodity terms of trade index?
The latest reading is 95.8, for May 2026. That is +0.2% from Apr 2026 and −15.4% from a year earlier.
How far back does the South Korea commodity terms of trade index data go?
The series on this page is monthly and runs from Jan 1980 to May 2026. Source: IMF – Commodity Terms of Trade database (CTOT), Research Department. Every series in the table can be charted over its full history and downloaded as CSV or Excel.