7월 수출물가 49.1% 상승…28년 4개월 만에 최고
July Export Prices Rose 49.1%, the Highest in 28 Years and Four Months
Part of the August 15, 2026 daily edition
한국은행이 8월 14일 발표한 ’2026년 7월 수출입물가지수 및 무역지수’에 따르면, 지난달 원화 기준 수출물가는 전월 대비 1.0% 상승했습니다. 전년 동월 대비로는 49.1% 올라 57.1%를 기록한 1998년 3월 이후 28년 4개월 만에 최고치를 나타냈습니다. 상승을 이끈 것은 반도체로, 전년 동월 대비 D램과 플래시메모리가 각각 270.3%, 248.1% 급등했습니다. 반면 수입물가는 전월 대비 1.0% 떨어져 두 달 연속 내림세를 이어갔지만, 전년 동월 대비로는 18.7% 상승했습니다. 7월 순상품교역조건지수는 전년 동월 대비 24.7% 상승해 관련 통계상 역대 가장 높은 상승률을 기록했는데, 시차를 적용한 수출가격 상승률 36.8%가 수입가격 상승률 9.7%를 크게 웃돈 결과입니다. 수출물량지수는 전년 동월 대비 20.0% 상승해 9개월 연속 오름세를 이어갔고, 수출물량 증가까지 반영한 소득교역조건지수는 전년 동월 대비 49.7% 상승했습니다.
Translation
According to the export and import price indices and trade indices for July 2026, released by the Bank of Korea on August 14, export prices in won terms rose 1.0 percent from the previous month. Against the same month a year earlier they rose 49.1 percent, the highest since March 1998, when they rose 57.1 percent — a gap of 28 years and four months. Semiconductors led the rise: against the same month a year earlier, DRAM was up 270.3 percent and flash memory up 248.1 percent. Import prices, by contrast, fell 1.0 percent from the previous month, a second consecutive monthly decline, though they were still 18.7 percent higher than the same month a year earlier. The net barter terms of trade index rose 24.7 percent from the same month a year earlier, the largest rise in the history of the statistic, as the lagged rise in export prices of 36.8 percent far outstripped the 9.7 percent rise in import prices. The export volume index rose 20.0 percent from the same month a year earlier, a ninth consecutive month of gains, and the income terms of trade index, which also reflects that rise in volume, was up 49.7 percent.
Vocabulary
- 수출물가명사 (noun)export prices — the prices Korea sells its goods at
- 지수명사 (noun)index (a figure showing change against a base year)
- 전월명사 (noun)the previous month
- 급등하다동사 (verb)to surge, jump sharply
- 교역조건명사 (noun)terms of trade — how much you can import per unit exported
- 시차명사 (noun)time lag (here: between when prices are set and when goods move)
- 웃돌다동사 (verb)to exceed, come out above
- 물량명사 (noun)volume, quantity (as opposed to value)
Grammar points
N 이후 최고the highest since N
A bounded record claim: the figure beats everything back to a named point, and no further. 1998년 3월 이후 최고 is a much narrower statement than 역대 최고 ('the highest ever'), and Korean economic writing distinguishes the two carefully — often, as here, naming the earlier figure so the reader can see what was not beaten.
Example: 2019년 이후 최고 기록입니다.
It is the highest figure since 2019.
N을/를 웃돌다to exceed N, come in above N
The formal verb for one figure exceeding another, paired with 밑돌다 for falling below. It takes 을/를, not 보다, and it belongs to written statistics — in speech you would say 더 높다. Here it carries the whole causal argument: the terms of trade improved *because* export prices outran import prices.
Example: 실적이 예상을 크게 웃돌았습니다.
The results far exceeded expectations.
-(으)ㄴ 결과as a result of ~ing
Turns a preceding clause into the cause of the figure just stated. Placed at the end, as here, it explains a number after the reader has already seen it — the record terms-of-trade rise first, then why. Note it reports a mechanism the source identified; it is not the writer's own inference.
Example: 비용을 줄인 결과 이익이 늘었습니다.
As a result of cutting costs, profits rose.
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