FX.co ★ South Korea’s Export Growth Cools in February, Easing From January Surge

South Korea’s export growth moderated in February 2026, with overseas shipments rising 29.0% year-over-year, down from a sharply higher 33.8% gain in January 2026. The figures, updated on 1 March 2026, compare export performance each month against the same month a year earlier.

The deceleration suggests that while external demand for South Korean goods remains strong, the pace of expansion is easing from January’s exceptional surge. Markets and policymakers are likely to watch upcoming months closely to determine whether February marks the start of a gradual normalization in export momentum or a more pronounced cooling in global demand for South Korean products.