2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

North Korea-Hong Kong Trade: In 2016, North Korea exported $853k to Hong Kong. The main products that North Korea exported to Hong Kong were N/A. Over the past 5 years the exports of North Korea to Hong Kong have decreased at an annualized rate of 24.5%, from $3.48M in 2011 to $853k in 2016.

In 2016, North Korea did not export any services to Hong Kong.

Hong Kong-North Korea Trade: In 2016, Hong Kong exported $1.36M to North Korea. The main products that Hong Kong exported to North Korea were Rolled Tobacco ($1.36M). Over the past 5 years the exports of Hong Kong to North Korea have decreased at an annualized rate of 0.57%,  from $1.4M in 2011 to $1.36M in 2016.

In 2016, Hong Kong did not export any services to North Korea.

Comparison In 2022,  North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index. That same year, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2016, North Korea exported $853k to Hong Kong. There were not main exports from North Korea to Hong Kong in 2016. During the last 5 years the exports of North Korea to Hong Kong have decreased at an annualized rate of 24.5%, from $3.48M in 2011 to $853k in 2016.

In 2017, Hong Kong exported $1.36M to North Korea. The main products exported from Hong Kong to North Korea were Rolled Tobacco ($1.36M). During the last 5 years the exports of Hong Kong to North Korea have decreased at an annualized rate of 0.57%, from $1.4M in 2022 to $1.36M in 2017.

Exports from North Korea (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to North Korea (Flag) (2022)

Latest Data

Trade between North Korea (Flag) and Hong Kong (Flag)

Hong Kong Exports

Market Competitiveness

Color
North Korea
Top Destination
China$131M
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from North Korea than Hong Kong included Senegal ($26.9M) and Niger ($3.45M).

In 2022, countries that imported more from Hong Kong than North Korea included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and North Korea (Flag) (2022)

Comparative Advantage North Korea - Hong Kong

Flow
Scale

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

During 2016, North Korea had a large net trade with Hong Kong in the exports of .

During 2017, Hong Kong had a large net trade with North Korea in the exports of Foodstuffs ($1.36M).

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Hong Kong (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with