2023
Flag  
GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC 
$53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195

About

Canada-North Korea Trade: In 2023, Canada exported $4.03k to North Korea. The main products that Canada exported to North Korea were Industrial Fatty Acids, Oils and Alcohols ($2.83k) and Broadcasting Equipment ($1.2k). Over the past 11 years the exports of Canada to North Korea have decreased at an annualized rate of 34.7%, from $438k in 2012 to $4.03k in 2023.

In 2023, Canada did not export any services to North Korea.

North Korea-Canada Trade: In 2023, North Korea exported $9.2k to Canada. The main products that North Korea exported to Canada were N/A. Over the past 11 years the exports of North Korea to Canada have decreased at an annualized rate of 23.9%,  from $36k in 2012 to $9.2k in 2023.

In 2023, North Korea did not export any services to Canada.

Comparison In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9),  and 10 in total exports ($574B). That same year, North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Canada exported $4.03k to North Korea. The main products exported from Canada to North Korea were Industrial Fatty Acids, Oils and Alcohols ($2.83k) and Broadcasting Equipment ($1.2k). During the last 11 years the exports of Canada to North Korea have decreased at an annualized rate of 34.7%, from $438k in 2012 to $4.03k in 2023.

In 2013, North Korea exported $9.2k to Canada. There were not main exports from North Korea to Canada in 2013. During the last 5 years the exports of North Korea to Canada have decreased at an annualized rate of 23.9%, from $36k in 2018 to $9.2k in 2013.

Exports from Canada (Flag) to North Korea (Flag) (2023)

Exports from North Korea (Flag) to Canada (Flag) (2023)

Market Competitiveness

Color
Canada
Top Destination
United States$410B
North Korea
Top Destination
China$292M

This map shows whether countries import more from Canada or North Korea. Each country is colored based on the difference in imports they receive from Canada and North Korea or the difference in the growth in imports.

In 2023, countries that imported more from Canada than North Korea included United States ($410B), China ($31.1B), and United Kingdom ($18B).

In 2023, countries that imported more from North Korea than Canada included Samoa ($962k).

Difference in imports from North Korea (Flag) and Canada (Flag) (2023)

Comparative Advantage Canada - North Korea

Flow
Scale

This chart compares trade between Canada and North Korea by product, considering products traded by both, Canada and North Korea.

During 2023, Canada had a large net trade with North Korea in the exports of Chemical Products ($2.83k) and Machines ($1.2k).

During 2013, North Korea had a large net trade with Canada in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Canada and North Korea. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over North Korea. Similarly, a dot/product with the flag of North Korea indicates it has a comparative advantage over Canada.

Product Space of Canada (Flag) and North Korea (Flag) (2023)

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