Flag Russia / North Korea Flag

Exports FlagFlag  (2018): $32.1M, Rnk 127 / 187

Top Product FlagFlag (2018): $20.4M, Refined Petroleum

Exports FlagFlag (2018): $1.96M, Rnk 18 / 82

Top Product FlagFlag (2018): $1.35M, Wind Instruments

Economic Complexity of Flag (2018): ECI 0.6, Rnk 41 / 137

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

GDP Flag (2018): $1.66T, CURRENT US$
Rnk 11 / 196

GDP GROWTH Flag (2008-2018): -0.2%, CURRENT US$
Rnk 168 / 196

GDP PC Flag (2018): $11,289, CURRENT US$
Rnk 69 / 196

GDP PC GROWTH Flag (2008-2018): -2.98%, CURRENT US$
Rnk 157 / 196

Russia-North Korea: In 2018, Russia exported $32.1M to North Korea. The main products exported from Russia to North Korea were Refined Petroleum ($20.4M), Soybean Oil ($4.18M), and Wheat Flours ($2.36M). During the last 22 years the exports of Russia to North Korea have decreased at an annualized rate of 0.5%, from $35.8M in 1996 to $32.1M in 2018. In 2018, Russia exported services to North Korea worth $57.6M, with Travel ($54.9M), Transportation ($1.6M), and Construction services ($900k) being the largest in terms of value.

North Korea-Russia: In 2018, North Korea exported $1.96M to Russia. The main products exported from North Korea to Russia were Wind Instruments ($1.35M), Propylene Polymers ($171k), and Vehicle Parts ($108k). During the last 22 years the exports of North Korea to Russia have decreased at an annualized rate of 11.5%, from $28.7M in 1996 to $1.96M in 2018.

Comparison: In 2018, Russia ranked 41 in the Economic Complexity Index (ECI 0.6), and 13 in total exports ($427B). That same year, North Korea ranked 80 in the Economic Complexity Index (ECI -0.27), and 167 in total exports ($291M). In terms of GDP Per Capita, Russia was ranked 69 with a GDP Per Capita of $11,289, while North Korea has no data regarding GDP Per Capita in 2018.

Bilateral Trade by Products

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Depth
Value

In 2018, Russia exported $32.1M to North Korea. The main products exported from Russia to North Korea were Refined Petroleum ($20.4M), Soybean Oil ($4.18M), and Wheat Flours ($2.36M). During the last 22 years the exports of Russia to North Korea have decreased at an annualized rate of 0.5%, from $35.8M in 1996 to $32.1M in 2018.

In 2018, North Korea exported $1.96M to Russia. The main products exported from North Korea to Russia were Wind Instruments ($1.35M), Propylene Polymers ($171k), and Vehicle Parts ($108k). During the last 22 years the exports of North Korea to Russia have decreased at an annualized rate of 11.5%, from $28.7M in 1996 to $1.96M in 2018.

Market Competitiveness

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Measure

Russia
Top Destination
: China, $55.2B

North Korea
Top Destination
: China, $182M

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

In 2018, countries that imported more from Russia than North Korea were China ($55.2B), Netherlands ($41B), and Germany ($23.3B).

In 2018, countries that imported more from North Korea than Russia were Zambia ($20M), Fiji ($3.3M), and Samoa ($1.51M).

Comparative Advantage Russia - North Korea

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Depth

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

During 2018, Russia had a large net trade with North Korea in the exports of Mineral Products ($21.8M), Animal and Vegetable Bi-Products ($4.18M), and Vegetable Products ($3.73M).

During 2018, North Korea had a large net trade with Russia in the exports of Instruments ($1.46M), Plastics and Rubbers ($201k), and Machines ($146k).

Trade Forecasts

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This section shows a forecast for total trade between Russia and North Korea. 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

Bilateral Service Trade

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In 2018, Russia exported services to North Korea worth $57.6M, with Travel ($54.9M), Transportation ($1.6M), and Construction services ($900k) being the largest in terms of value.

Service trade data is presented based on availability.

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 Russia has comparative advantage over North Korea. Similarly, the more red a dot/product is, the more North Korea has comparative advantage over Russia.