2022
Flag
 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

North Korea-India Trade: In 2022, North Korea exported $1.47M to India. The main products that North Korea exported to India were Polycarboxylic Acids ($274k), Synthetic Rubber ($106k), and Nitrogen Heterocyclic Compounds ($89.2k). Over the past 5 years the exports of North Korea to India have decreased at an annualized rate of 47.1%, from $35.4M in 2017 to $1.47M in 2022.

In 2022, North Korea did not export any services to India.

India-North Korea Trade: In 2022, India exported $1.74M to North Korea. The main products that India exported to North Korea were Raw Aluminium ($999k), Vitamins ($372k), and Synthetic Reconstructed Jewellery Stones ($135k). Over the past 5 years the exports of India to North Korea have decreased at an annualized rate of 50.6%,  from $59.2M in 2017 to $1.74M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Korea exported $1.47M to India. The main products exported from North Korea to India were Polycarboxylic Acids ($274k), Synthetic Rubber ($106k), and Nitrogen Heterocyclic Compounds ($89.2k). During the last 5 years the exports of North Korea to India have decreased at an annualized rate of 47.1%, from $35.4M in 2017 to $1.47M in 2022.

In 2017, India exported $1.74M to North Korea. The main products exported from India to North Korea were Raw Aluminium ($999k), Vitamins ($372k), and Synthetic Reconstructed Jewellery Stones ($135k). During the last 5 years the exports of India to North Korea have decreased at an annualized rate of 50.6%, from $59.2M in 2022 to $1.74M in 2017.

Exports from North Korea (Flag) to India (Flag) (2022)

Exports from India (Flag) to North Korea (Flag) (2022)

Latest Data

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

India Exports

Market Competitiveness

Color
North Korea
Top Destination
China$131M
India
Top Destination
United States$82.9B

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 2022, no countries were registered that imported more from North Korea than from India.

In 2022, countries that imported more from India than North Korea included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

Difference in imports from India (Flag) and North Korea (Flag) (2022)

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 2022, North Korea had a large net trade with India in the exports of Chemical Products ($448k), Machines ($386k), and Plastics and Rubbers ($301k).

During 2017, India had a large net trade with North Korea in the exports of Metals ($1.03M), Chemical Products ($462k), and Precious Metals ($146k).

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) (2022)

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