Italy (ITA) and North Korea (PRK) Trade | The Observatory of Economic Complexity

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Italy-North Korea Trade: In 2023, Italy exported $45.5k to North Korea. The main products that Italy exported to North Korea were Medical Instruments ($29.9k) and Light Fixtures ($15.6k). Over the past 5 years the exports of Italy to North Korea have decreased at an annualized rate of 31.1%, from $293k in 2018 to $45.5k in 2023.

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

North Korea-Italy Trade: In 2023, North Korea exported $29.6k to Italy. The main products that North Korea exported to Italy were Propylene Polymers ($29.6k). Over the past 5 years the exports of North Korea to Italy have increased at an annualized rate of 15.9%, from $14.1k in 2018 to $29.6k in 2023.

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

Comparison In 2023, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

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Overview In N/A, Italy exported €N/A and imported €N/A from North Korea, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to North Korea were . In N/A the top imports of Italy from North Korea were .

Growth In N/A, the N/A in Italy's year-by-year exports to North Korea was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports from North Korea was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Italy exported $45.5k to North Korea. The main products exported from Italy to North Korea were Medical Instruments ($29.9k) and Light Fixtures ($15.6k). During the last 5 years the exports of Italy to North Korea have decreased at an annualized rate of 31.1%, from $293k in 2018 to $45.5k in 2023.

In 2018, North Korea exported $29.6k to Italy. The main products exported from North Korea to Italy were Propylene Polymers ($29.6k). During the last 5 years the exports of North Korea to Italy have increased at an annualized rate of 15.9%, from $14.1k in 2023 to $29.6k in 2018.

Exports from Italy () to North Korea () (2023)

Exports from North Korea () to Italy () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Italy
Top DestinationGermany$71.4B

North Korea
Top DestinationChina$292M

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

In 2023, countries that imported more from Italy than North Korea included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Difference in imports from North Korea () and Italy () (2023)

Comparative Advantage Italy - North Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Italy had a large net trade with North Korea in the exports of Instruments ($29.9k) and Miscellaneous ($15.6k).

During 2018, North Korea had a large net trade with Italy in the exports of Plastics and Rubbers ($29.6k).

Economic Complexity

Competitive Landscape

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Italy () to North Korea () (2023)

Exports from North Korea () to Italy () (2023)

Market Competitiveness

Difference in imports from North Korea () and Italy () (2023)

Comparative Advantage Italy - North Korea

Economic Complexity

Competitive Landscape

Product Space of Italy () and North Korea () (2023)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Italy () to North Korea () (2023)

Exports from North Korea () to Italy () (2023)

Market Competitiveness

Difference in imports from North Korea () and Italy () (2023)

Comparative Advantage Italy - North Korea

Economic Complexity

Competitive Landscape

Product Space of Italy () and North Korea () (2023)

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