Flag China / North Korea Flag

2020
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Exports
: $491M, Rnk 140 / 209

2020
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Top Product
: $65.8M, Soya-bean oil and its fractions; whether or not refined, but not chemically modified

2020
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Exports
: $44.1M, Rnk 1 / 84

2020
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Top Product
: $11.8M, Electricity

2020
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Economic Complexity (ECI)
: ECI 0.96, Rnk 28 / 127

2020
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GDP
: $14.7T, CURRENT US$
Rnk 2 / 195

2010-2020
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GDP GROWTH
: 142%, CURRENT US$
Rnk 5 / 195

2020
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GDP PC 
: $10,435, CURRENT US$
Rnk 68 / 195

2010-2020
Flag
GDP PC GROWTH
: 129%, CURRENT US$
Rnk 5 / 195

China-North Korea In 2020, China exported $491M to North Korea. The main products that China exported to North Korea are Soya-bean oil and its fractions; whether or not refined, but not chemically modified ($65.8M), Wheat or meslin flour ($35.5M), and Cane or beet sugar and chemically pure sucrose, in solid form ($31.9M). During the last 25 years the exports of China to North Korea have increased at an annualized rate of 0.058%, from $484M in 1995 to $491M in 2020.

In 2020, China did not export any services to North Korea.

North Korea-China In 2020, North Korea exported $44.1M to China . The main products that North Korea exported to China were Electricity ($11.8M), Ferro-alloys ($10.4M), and Watch movements; complete and assembled ($6.79M). During the last 25 years the exports of North Korea to China have decreased at an annualized rate of 1.14%, from $58.7M in 1995 to $44.1M in 2020.

In 2020, North Korea did not export any services to China.

Comparison In 2020,  China ranked 28 in the Economic Complexity Index (ECI 0.96),  and 1 in total exports ($2.65T). That same year, North Korea ranked 184 in total exports ($142M), and does not have data regarding Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, China exported $491M to North Korea. The main products exported from China to North Korea were Soya-bean oil and its fractions; whether or not refined, but not chemically modified ($65.8M), Wheat or meslin flour ($35.5M), and Cane or beet sugar and chemically pure sucrose, in solid form ($31.9M). During the last 25 years the exports of China to North Korea have increased at an annualized rate of 0.058%, from $484M in 1995 to $491M in 2020.

In 2020, North Korea exported $44.1M to China. The main products exported from North Korea to China were Electricity ($11.8M), Ferro-alloys ($10.4M), and Watch movements; complete and assembled ($6.79M). During the last 25 years the exports of North Korea to China have decreased at an annualized rate of 1.14%, from $58.7M in 1995 to $44.1M in 2020.

Market Competitiveness

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Measure

China
Top Destination
: United States, $438B

North Korea
Top Destination
: China, $44.1M

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 2019, countries that imported more from China than North Korea were United States ($438B), Hong Kong ($262B), and Japan ($151B).

In 2019, no countries were registered that imported more from North Korea than from China.

Comparative Advantage China - North Korea

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Flow

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

During 2020, China had a large net trade with North Korea in the exports of Foodstuffs ($90.2M), Animal and Vegetable Bi-Products ($80M), and Chemical Products ($68.2M).

During 2020, North Korea had a large net trade with China in the exports of Mineral Products ($17.5M), Metals ($11.1M), and Instruments ($8.22M).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more China has comparative advantage over North Korea. Similarly, the more yellow a dot/product is, the more North Korea has comparative advantage over China.