Flag Russia / North Korea Flag

2019
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Exports
: $44.9M, Rnk 123 / 197

2019
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Top Product
: $24.7M, Refined Petroleum

2019
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Exports
: $3.04M, Rnk 11 / 92

2019
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Top Product
: $1.53M, Wind Instruments

2019
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Economic Complexity (ECI)
: ECI 0.64, Rnk 44 / 157

2019
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Economic Complexity (ECI)
: ECI 0.32, Rnk 55 / 157

2019
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GDP
: $1.7T, CURRENT US$
Rnk 11 / 187

2009-2019
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GDP GROWTH
: 39%, CURRENT US$
Rnk 113 / 187

2019
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GDP PC 
: $11,585, CURRENT US$
Rnk 65 / 187

2009-2019
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GDP PC GROWTH
: 35.3%, CURRENT US$
Rnk 81 / 187

Russia-North Korea: In 2019, Russia exported $44.9M to North Korea. The main products that Russia exported to North Korea are Refined Petroleum ($24.7M), Soybean Oil ($4.23M), and Wheat ($3.75M). During the last 23 years the exports of Russia to North Korea have increased at an annualized rate of 0.99%, from $35.8M in 1996 to $44.9M in 2019.

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 2019, North Korea exported $3.04M to Russia . The main products that North Korea exported to Russia were Wind Instruments ($1.53M), Air Pumps ($486k), and Blood, antisera, vaccines, toxins and cultures ($422k). During the last 23 years the exports of North Korea to Russia have decreased at an annualized rate of 9.3%, from $28.7M in 1996 to $3.04M in 2019.

In 2019, North Korea did not exported services to Russia.

Comparison: In 2019,  Russia ranked 44 in the Economic Complexity Index (ECI 0.64), and 13 in total exports ($407B). That same year, North Korea ranked 55 in the Economic Complexity Index (ECI 0.32), and 172 in total exports ($308M).

Bilateral Trade by Products

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Depth
Value

In 2019, Russia exported $44.9M to North Korea. The main products exported from Russia to North Korea were Refined Petroleum ($24.7M), Soybean Oil ($4.23M), and Wheat ($3.75M). During the last 23 years the exports of Russia to North Korea have increased at an annualized rate of 0.99%, from $35.8M in 1996 to $44.9M in 2019.

In 2019, North Korea exported $3.04M to Russia. The main products exported from North Korea to Russia were Wind Instruments ($1.53M), Air Pumps ($486k), and Blood, antisera, vaccines, toxins and cultures ($422k). During the last 23 years the exports of North Korea to Russia have decreased at an annualized rate of 9.3%, from $28.7M in 1996 to $3.04M in 2019.

Market Competitiveness

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Measure

Russia
Top Destination
: China, $58.1B

North Korea
Top Destination
: China, $207M

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 2019, countries that imported more from Russia than North Korea were China ($58.1B), Netherlands ($41.7B), and Belarus ($20.5B).

In 2019, countries that imported more from North Korea than Russia were Suriname ($19.8M), Fiji ($7.13M), and Samoa ($1.7M).

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 2019, Russia had a large net trade with North Korea in the exports of Mineral Products ($27.5M), Vegetable Products ($7.69M), and Animal and Vegetable Bi-Products ($4.23M).

During 2019, North Korea had a large net trade with Russia in the exports of Instruments ($1.61M), Machines ($705k), and Chemical Products ($439k).

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.