2023
Flag  
GDP
$17.8TCURRENT US$
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2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
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2023
Flag
GDP PC 
$12,614CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
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About

China-North Korea Trade: In 2023, China exported $2B to North Korea. The main products that China exported to North Korea were Processed Hair ($160M), Soybean Oil ($90M), and Mixed Mineral or Chemical Fertilizers ($80.7M). Over the past 5 years the exports of China to North Korea have decreased at an annualized rate of 2.01%, from $2.22B in 2018 to $2B in 2023.

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

North Korea-China Trade: In 2023, North Korea exported $292M to China. The main products that North Korea exported to China were Fake Hair ($167M), Ferroalloys ($32.1M), and Tungsten Ore ($25.9M). Over the past 5 years the exports of North Korea to China have increased at an annualized rate of 8.45%,  from $195M in 2018 to $292M in 2023.

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

Comparison In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16),  and 1 in total exports ($3.42T). 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, China exported $2B to North Korea. The main products exported from China to North Korea were Processed Hair ($160M), Soybean Oil ($90M), and Mixed Mineral or Chemical Fertilizers ($80.7M). During the last 5 years the exports of China to North Korea have decreased at an annualized rate of 2.01%, from $2.22B in 2018 to $2B in 2023.

In 2018, North Korea exported $292M to China. The main products exported from North Korea to China were Fake Hair ($167M), Ferroalloys ($32.1M), and Tungsten Ore ($25.9M). During the last 5 years the exports of North Korea to China have increased at an annualized rate of 8.45%, from $195M in 2023 to $292M in 2018.

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

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

Market Competitiveness

Color
China
Top Destination
United States$436B
North Korea
Top Destination
China$292M

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

In 2023, countries that imported more from China than North Korea included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, no countries were registered that imported more from North Korea than from China.

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

Comparative Advantage China - North Korea

Flow
Scale

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

During 2023, China had a large net trade with North Korea in the exports of Textiles ($371M), Chemical Products ($279M), and Plastics and Rubbers ($274M).

During 2018, North Korea had a large net trade with China in the exports of Footwear and Headwear ($167M), Mineral Products ($55.4M), and Metals ($34M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of China and North Korea. This means that a dot/product with the flag of China 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 China.

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

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