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Exports In 2022, North Korea exported $25.3M in Ferroalloys, making it the 63rd largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 3rd most exported product in North Korea. The main destination of Ferroalloys exports from North Korea are: China ($25.3M) and Spain ($29.9k).

The fastest growing export markets for Ferroalloys of North Korea between 2021 and 2022 were Spain ($29.9k).

Imports In 2022, North Korea imported $1.59M in Ferroalloys, becoming the 125th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 96th most imported product in North Korea. North Korea imports Ferroalloys primarily from: Colombia ($1.59M).

The fastest growing import markets in Ferroalloys for North Korea between N/A and 2022 were Colombia ($1.59M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ferroalloys. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$25.3M
IMPORTS (2022)$1.59M
NET TRADE (2022)$23.7M

In 2022, North Korea exported $25.3M in Ferroalloys. The main destinations of North Korea exports on Ferroalloys were China ($25.3M) and Spain ($29.9k).

In 2022, North Korea imported $1.59M in Ferroalloys, mainly from Colombia ($1.59M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR North Korea WERE (2021 - 2022):Spain$29.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY North Korea WERE (2021 - 2022):China-$215k (-0.85%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, North Korea's main exporting competitors in Ferroalloys were:
In 2022, North Korea's main importing competitors in Ferroalloys were:

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

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N/A
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Ferroalloys’s highest export potential is N/A. With an export gap of N/A.   Ferroalloys’s highest import potential is N/A with an import gap of N/A.

See methodology.

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