China / North Korea

Overview In September 2024, China exported $174M and imported $28.1M from North Korea, resulting in a positive trade balance of $146M. Between September 2023 and September 2024 the exports of China have decreased by $-14.3M (-7.56%) from $189M to $174M, while imports increased by $282k (1.01%) from $27.8M to $28.1M.

Trade In September 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 September 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 September 2024 the exports of China were mainly from Liaoning Province ($73.7M), Guangdong Province ($57.3M), Jilin Province ($20.7M), Shandong Province ($11.6M), and Beijing ($5.43M), while imports destinations were mainly Liaoning Province ($14.1M), Jilin Province ($11.8M), Shandong Province ($1.32M), Guangdong Province ($758k), and Hunan Province ($65.1k).

Growth In September 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 September 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%).