Flag North Korea / Czechia Flag

Exports FlagFlag  (2018): $17.1k, Rnk 71 / 82

Top Product FlagFlag (2018): $7.53k, Carbon

Exports FlagFlag (2017): $32k, Rnk 187 / 201

Top Product FlagFlag (2017): $11.8k, Large Iron Containers

Economic Complexity of Flag (2018): ECI -0.27, Rnk 80 / 137

Economic Complexity of Flag (2018): ECI 1.6, Rnk 8 / 137

GDP Flag (2018): $245B, CURRENT US$
Rnk 44 / 196

GDP GROWTH Flag (2008-2018): 4.03%, CURRENT US$
Rnk 159 / 196

GDP PC Flag (2018): $23,079, CURRENT US$
Rnk 45 / 196

GDP PC GROWTH Flag (2008-2018): 1.67%, CURRENT US$
Rnk 140 / 196

North Korea-Czechia: In 2018, North Korea exported $17.1k to Czechia. The main products exported from North Korea to Czechia were Carbon ($7.53k), Transmissions ($4.76k), and Beauty Products ($3.46k). During the last 23 years the exports of North Korea to Czechia have decreased at an annualized rate of 15.1%, from $735k in 1995 to $17.1k in 2018.

Czechia-North Korea: In 2017, Czechia exported $32k to North Korea. The main products exported from Czechia to North Korea were Large Iron Containers ($11.8k), Air Conditioners ($6.87k), and Liquid Pumps ($5.79k). During the last 22 years the exports of Czechia to North Korea have decreased at an annualized rate of 18.4%, from $3.47M in 1995 to $32k in 2017.

Comparison: In 2018, North Korea ranked 80 in the Economic Complexity Index (ECI -0.27), and 167 in total exports ($291M). That same year, Czechia ranked 8 in the Economic Complexity Index (ECI 1.6), and 27 in total exports ($200B). In terms of GDP Per Capita, Czechia was ranked 45 with a GDP Per Capita of $23,079, while North Korea has no data regarding GDP Per Capita in 2018.

Bilateral Trade by Products

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Depth
Value

In 2018, North Korea exported $17.1k to Czechia. The main products exported from North Korea to Czechia were Carbon ($7.53k), Transmissions ($4.76k), and Beauty Products ($3.46k). During the last 23 years the exports of North Korea to Czechia have decreased at an annualized rate of 15.1%, from $735k in 1995 to $17.1k in 2018.

In 2017, Czechia exported $32k to North Korea. The main products exported from Czechia to North Korea were Large Iron Containers ($11.8k), Air Conditioners ($6.87k), and Liquid Pumps ($5.79k). During the last 22 years the exports of Czechia to North Korea have decreased at an annualized rate of 18.4%, from $3.47M in 1995 to $32k in 2017.

Market Competitiveness

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Measure

North Korea
Top Destination
: China, $182M

Czechia
Top Destination
: Germany, $63.7B

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

In 2018, countries that imported more from North Korea than Czechia were Zambia ($20M), Fiji ($3.3M), and Mozambique ($7.81M).

In 2018, countries that imported more from Czechia than North Korea were Germany ($63.7B), Slovakia ($14.3B), and Poland ($11.9B).

Comparative Advantage North Korea - Czechia

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Depth

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

During 2018, North Korea had a large net trade with Czechia in the exports of Chemical Products ($11k), Machines ($4.76k), and Miscellaneous ($1.3k).

During 2017, Czechia had a large net trade with North Korea in the exports of Machines ($19k), Metals ($11.8k), and Wood Products ($1.15k).

Trade Forecasts

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This section shows a forecast for total trade between North Korea and Czechia. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

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 red.  This mean that the more blue a dot/product is, the more North Korea has comparative advantage over Czechia. Similarly, the more red a dot/product is, the more Czechia has comparative advantage over North Korea.