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2023
Flag → Flag
Exports $29.6kRnk 59 / 82
2023
Flag → Flag
Top Product $29.6kPropylene Polymers
2023
Flag → Flag
Exports $45.5kRnk 215 / 219
2023
Flag → Flag
Top Product $29.9kMedical Instruments
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag
 GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195

About

North Korea-Italy Trade: In 2023, North Korea exported $29.6k to Italy. The main products that North Korea exported to Italy were Propylene Polymers ($29.6k). Over the past 5 years the exports of North Korea to Italy have increased at an annualized rate of 15.9%, from $14.1k in 2018 to $29.6k in 2023.

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

Italy-North Korea Trade: In 2023, Italy exported $45.5k to North Korea. The main products that Italy exported to North Korea were Medical Instruments ($29.9k) and Light Fixtures ($15.6k). Over the past 5 years the exports of Italy to North Korea have decreased at an annualized rate of 31.1%,  from $293k in 2018 to $45.5k in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Korea exported $29.6k to Italy. The main products exported from North Korea to Italy were Propylene Polymers ($29.6k). During the last 5 years the exports of North Korea to Italy have increased at an annualized rate of 15.9%, from $14.1k in 2018 to $29.6k in 2023.

In 2018, Italy exported $45.5k to North Korea. The main products exported from Italy to North Korea were Medical Instruments ($29.9k) and Light Fixtures ($15.6k). During the last 5 years the exports of Italy to North Korea have decreased at an annualized rate of 31.1%, from $293k in 2023 to $45.5k in 2018.

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

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

Market Competitiveness

Color
North Korea
Top DestinationChina$292M
Italy
Top DestinationGermany$71.4B

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

In 2023, countries that imported more from North Korea than Italy included Samoa ($962k).

In 2023, countries that imported more from Italy than North Korea included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Comparative Advantage North Korea - Italy

Flow
Scale

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

During 2023, North Korea had a large net trade with Italy in the exports of Plastics and Rubbers ($29.6k).

During 2018, Italy had a large net trade with North Korea in the exports of Instruments ($29.9k) and Miscellaneous ($15.6k).

Economic Complexity

Competitive Landscape

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

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

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