AI智能总结
□The Export Price Index(KRW basis)increased 4.0% from the previous month. o The index increased by 7.8% year-on-year inJanuaryof 2026. □The Import Price Index(KRW basis)increased 0.4% from the previous month. o It decreased by 1.2% year-on-year inJanuaryof 2026. □The Export Volume Index increased by 28.3%and The Import Volume Indexincreased by 14.5% year-on-year inJanuaryof 2026. o The Export Value Index increased by 37.3% and The Import Value Index increasedby 12.5% year-on-year inJanuaryof 2026. □The Net Barter Terms of Trade Index increased by 8.9% year-on-year in January of 2026. (KRW basis, %) (USD basis, year-on-year, %) Notes : 1) The current month index is preliminary and may be revised upon the release of the indexfor the following month. Additionally, the index for the given year will be finalized in thepress release issued in March of the following year, when export and import customs dataare confirmed.2) Measures the quantity of imports that can be purchased through the sale of a single unit ofexports, relative to the base year 20203) Figures in () represent month-on-month.4) Measures the quantity of imports that can be purchased through the sale of gross exports,relative to the base year 2020(net barter terms of trade index × export volume index / 100; 2020=100). ※Further statistics can be found at the Bank of Korea's Economic Statistics System website(http://ecos.bok.or.kr). Export/Import Price Indexes and Trade Indexes 1. Export Prices B. Changes B. Changes 4. Rates of Change in Terms of Trade Indexes ( Appendix 1 ) How the Export and Import Price Indexes are compiled 1. Definition and use ―The Export and Import Price Indexes measure fluctuations in the prices of goodsexportedand imported.The indexes are used to gauge the effects of pricefluctuations of these export/import items on domestic prices and the changes intheir costs. 2. Frequency ―At the beginning of each month, prices for the previous month are surveyed. 3. Prices surveyed ―Average monthly prices are surveyed in principle,based upon the points atwhichthe export/import contracts are entered into,so that they may serve asleading indicators of domestic prices. ―Export prices are surveyed on an FOB basis,and import prices on CIF.Forsome items, however, trade practices are applied. 4. Items subject to survey ―Only items whose export/import amounts account for more than 1/2,000 of thecountry's trading volume;that are representative of the price movements of itemsgrouped within similar industries; whose quality standards are uniformly maintained;and whose time series on prices are tenable, are surveyed. As of 2026, 214 itemsfor exports and 240 for imports have met these requirements. ―Items marked without comparable price quotations for considerable period(e.g.vessel, weapons, aircraft, works of art)are excluded. 5. Method of compilation ―Classification ㅇBasic classification: The industrial classification set out in the Korea StandardIndustrialClassification(KSIC)is applied with necessary modifications as thebasicclassification.This is further broken down into two sub-categories forexports - agricultural, forestry & marine products and manufacturing products andthreefor imports-agricultural,forestry&marine products,mining productsand manufacturing products. ㅇSpecialized classification:For user convenience,the indexes are alsoclassifiedinto foods/non-foods;energy/items other than energy;informationtechnology/items other than IT; and foods & energy/items other than foods &energy; as well as groupings by use(for MPI only), trade and industry type. ―Weights ㅇThe weights of individual items are expressed in permillage in accordancewith their shares in the total transaction amount. ―Compilation ㅇThe headline indexes are compiled from Korean won-based indexes, which areproducedby converting the contract prices of exports/imports so that theirimpacts on domestic prices may be easily followed. Indexes based on contractcurrencies and on US dollars are compiled as supplementary indexes. ㅇThe formula used to aggregate the indexes is a Lowe Chain weightedformula. The price reference and weighting period are changed every years, soas to increase the extent to which the Export and Import Price Indexes reflectrealitiesthrough improvements in the selection of items to be surveyed andtheir weights, in line with changes in the trade structure. 6. Notes on statistical use ―The purpose of the index is to measure the changes in the price, not to presentabsolute price levels. ―The Export and Import Price Indexes are compiled on three different bases: theKorean won, the contract currencies, and the US dollar. Users are hence advisedto check the base currency first before using the indexes for statistical purposes.―The Export and Import Price Indexes for current month is preliminary andsubject to revision next month.―The Trade indexes for current month is preliminary and may be revised uponthe release of the index for the f