North Korea (PRK) and Armenia (ARM) Trade | The Observatory of Economic Complexity

About

North Korea-Armenia Trade: In 2023, North Korea exported $288k to Armenia. The main products that North Korea exported to Armenia were Raw Plastic Sheeting ($118k), Other Processed Fruits and Nuts ($66.3k), and Cars ($65k). Over the past 5 years the exports of North Korea to Armenia have increased at an annualized rate of 10%, from $179k in 2018 to $288k in 2023.

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

Armenia-North Korea In false, Armenia did not export any products to North Korea.

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

Comparison In 2023, North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, North Korea exported $288k to Armenia. The main products exported from North Korea to Armenia were Raw Plastic Sheeting ($118k), Other Processed Fruits and Nuts ($66.3k), and Cars ($65k). During the last 5 years the exports of North Korea to Armenia have increased at an annualized rate of 10%, from $179k in 2018 to $288k in 2023.

Armenia does not register exports to North Korea.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Korea
Top DestinationChina$292M

Armenia
Top DestinationRussia$3.38B

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

In 2023, countries that imported more from North Korea than Armenia included Senegal ($10.3M), Angola ($10.2M), and Luxembourg ($6.8M).

In 2023, countries that imported more from Armenia than North Korea included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

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

Comparative Advantage North Korea - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, North Korea had a large net trade with Armenia in the exports of Plastics and Rubbers ($119k), Foodstuffs ($69.9k), and Transportation ($65.4k).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of North Korea and Armenia. This means that a dot/product with the flag of North Korea indicates it has a comparative advantage over Armenia. Similarly, a dot/product with the flag of Armenia indicates it has a comparative advantage over North Korea.

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage North Korea - Armenia

Economic Complexity

Competitive Landscape

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

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