South Korea's import and export prices both fell last month The Bank of Korea says import prices dropped over 5-percent on-month in April due to falling global oil prices. The average price of Dubai crude -- South Korea's benchmark -- was around 20 U.S. dollars a barrel last month, down almost 40 percent on month. Export prices were 1-point-6 percent lower during the same period on the falling prices of chemical and petrochemical goods. On-year, export prices were down almost six percent.