South Korea's August export year-on-year rate

Korean Customs announced the South Korea's August export year-on-year rate on 2025-09-01. The reported figure stands at 1.3%, against a forecast of 3%, with the prior figure recorded as 5.90%.

Regarding the South Korea's August export year-on-year rate, Actual value > Expected value = Positive for Korean Won, Export demand is directly related to currency demand, as foreign customers need to purchase the currency of the exporting country to settle transactions. Export demand also affects domestic manufacturing output and prices. If the difference between exports and imports is a positive number (surplus), it indicates an increase in the country's net foreign wealth or net foreign investment, strengthening the economy. Conversely, if it is a negative number (deficit), it indicates a decrease in the country's net foreign wealth or investment, weakening the economy.

This data holds an importance level of , calculated using Exports refer to any physical goods or consumer products that leave the place of production (crossing the border) and are transported to various parts of the world by shipping, land transportation, or air transport, and updates Monthly. The next release is set for 2025-10-01 08:00:00.

This content is AI-generated.Please verify before use.

Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.

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