2023
Flag
 GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC
$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195

About

North Korea-India Trade: In 2023, North Korea exported $1.07M to India. The main products that North Korea exported to India were Iron Wire ($152k), Antiknock ($139k), and Jewellery ($85.3k). Over the past 5 years the exports of North Korea to India have decreased at an annualized rate of 25.9%, from $4.8M in 2018 to $1.07M in 2023.

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

India-North Korea Trade: In 2023, India exported $1.88M to North Korea. The main products that India exported to North Korea were Raw Aluminium ($1.65M), Packaged Medicaments ($47.6k), and Plastic Lids ($43.7k). Over the past 5 years the exports of India to North Korea have decreased at an annualized rate of 43%,  from $31.4M in 2018 to $1.88M in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Korea exported $1.07M to India. The main products exported from North Korea to India were Iron Wire ($152k), Antiknock ($139k), and Jewellery ($85.3k). During the last 5 years the exports of North Korea to India have decreased at an annualized rate of 25.9%, from $4.8M in 2018 to $1.07M in 2023.

In 2018, India exported $1.88M to North Korea. The main products exported from India to North Korea were Raw Aluminium ($1.65M), Packaged Medicaments ($47.6k), and Plastic Lids ($43.7k). During the last 5 years the exports of India to North Korea have decreased at an annualized rate of 43%, from $31.4M in 2023 to $1.88M in 2018.

Exports from North Korea (Flag) to India (Flag) (2023)

Exports from India (Flag) to North Korea (Flag) (2023)

Latest Data

Trade between North Korea (Flag) and India (Flag)

India Exports

Market Competitiveness

Color
North Korea
Top Destination
China$292M
India
Top Destination
United States$85.5B

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

In 2023, no countries were registered that imported more from North Korea than from India.

In 2023, countries that imported more from India than North Korea included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

Difference in imports from India (Flag) and North Korea (Flag) (2023)

Comparative Advantage North Korea - India

Flow
Scale

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

During 2023, North Korea had a large net trade with India in the exports of Metals ($360k), Chemical Products ($240k), and Machines ($120k).

During 2018, India had a large net trade with North Korea in the exports of Metals ($1.65M), Plastics and Rubbers ($73.4k), and Chemical Products ($63.7k).

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and India (Flag) (2023)

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