China / North Korea

Overview In February 2024, China exported $93.7M and imported $27.3M from North Korea, resulting in a positive trade balance of $66.4M. Between February 2023 and February 2024 the exports of China have decreased by $-18.1M (-16.2%) from $112M to $93.7M, while imports increased by $17.9M (191%) from $9.37M to $27.3M.

Trade In February 2024, the top exports of China to North Korea were Processed Hair ($10.9M), Raw Sugar ($10.6M), Other knitted or crocheted fabrics. ($10.5M), Soybean Oil ($10.1M), and Synthetic Filament Yarn Woven Fabric ($9.97M). In February 2024 the top imports of China from North Korea were Ferroalloys ($4.85M), Fake Hair ($4.82M), Tungsten Ore ($2.23M), Electricity ($1.62M), and Carbides ($870k).

Origins In February 2024 the exports of China were mainly from Liaoning Province ($46.1M), Guangdong Province ($19.3M), Jilin Province ($11.1M), Hubei Province ($8.65M), and Shandong Province ($7.46M), while imports destinations were mainly Liaoning Province ($10.4M), Jilin Province ($10.3M), Shandong Province ($3.36M), Guangdong Province ($2.01M), and Henan Province ($1.19M).

Growth In February 2024, the decrease in China's year-by-year exports to North Korea was explained primarily by an decrease in product exports in Antibiotics ($-887k or -98.2%), Uncoated Paper ($-472k or -33.6%), and Industrial Fatty Acids, Oils and Alcohols ($-360k or -98.3%). In February 2024, the increase in China's year-by-year imports  from North Korea was explained primarily by an increase in product imports  in Fake Hair ($4.46M or 1.22k%), Ferroalloys ($3.76M or 344%), and Carbides ($726k or 506%).