Flag Russia / North Korea Flag

2020
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Exports
: $41M, Rnk 120 / 187

2020
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Top Product
: $15.4M, Wheat

2020
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Exports
: $697k, Rnk 22 / 84

2020
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Top Product
: $263k, Wind Instruments

2020
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Economic Complexity (ECI)
: ECI 0.5, Rnk 43 / 127

2020
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GDP
: $1.48T, CURRENT US$
Rnk 11 / 195

2010-2020
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GDP GROWTH
: -2.72%, CURRENT US$
Rnk 164 / 195

2020
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GDP PC 
: $10,127, CURRENT US$
Rnk 70 / 195

2010-2020
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GDP PC GROWTH
: -5.14%, CURRENT US$
Rnk 154 / 195

Russia-North Korea In 2020, Russia exported $41M to North Korea. The main products that Russia exported to North Korea are Wheat ($15.4M), Refined Petroleum ($9.47M), and Soybean Oil ($4.3M). During the last 24 years the exports of Russia to North Korea have increased at an annualized rate of 0.57%, from $35.8M in 1996 to $41M in 2020.

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 2020, North Korea exported $697k to Russia . The main products that North Korea exported to Russia were Wind Instruments ($263k), Raw Plastic Sheeting ($187k), and Seats ($126k). During the last 24 years the exports of North Korea to Russia have decreased at an annualized rate of 14.3%, from $28.7M in 1996 to $697k in 2020.

In 2020, North Korea did not export any services to Russia.

Comparison In 2020,  Russia ranked 43 in the Economic Complexity Index (ECI 0.5),  and 13 in total exports ($330B). That same year, North Korea ranked 184 in total exports ($142M), and does not have data regarding Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Russia exported $41M to North Korea. The main products exported from Russia to North Korea were Wheat ($15.4M), Refined Petroleum ($9.47M), and Soybean Oil ($4.3M). During the last 24 years the exports of Russia to North Korea have increased at an annualized rate of 0.57%, from $35.8M in 1996 to $41M in 2020.

In 2020, North Korea exported $697k to Russia. The main products exported from North Korea to Russia were Wind Instruments ($263k), Raw Plastic Sheeting ($187k), and Seats ($126k). During the last 24 years the exports of North Korea to Russia have decreased at an annualized rate of 14.3%, from $28.7M in 1996 to $697k in 2020.

Market Competitiveness

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Measure

Russia
Top Destination
: China, $49.3B

North Korea
Top Destination
: China, $44.1M

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 ($49.3B), United Kingdom ($25.3B), and Netherlands ($22.5B).

In 2019, countries that imported more from North Korea than Russia were Barbados ($817k), Grenada ($566k), and Comoros ($177k).

Comparative Advantage Russia - North Korea

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Flow

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

During 2020, Russia had a large net trade with North Korea in the exports of Vegetable Products ($17.5M), Mineral Products ($11M), and Animal and Vegetable Bi-Products ($4.47M).

During 2020, North Korea had a large net trade with Russia in the exports of Instruments ($270k), Plastics and Rubbers ($193k), and Miscellaneous ($127k).

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 yellow.  This mean that the more blue a dot/product is, the more Russia has comparative advantage over North Korea. Similarly, the more yellow a dot/product is, the more North Korea has comparative advantage over Russia.