Iron Ingots in North Korea

EXPORTS (2018): $2.57M, World Rnk 36 / 87
Flag Rnk 22 / 504

TOP DESTINATION (2018): $2.57M, China

IMPORTS (2017): $14.3k, World Rnk 122 / 149
Flag Rnk 828 / 927

TOP ORIGIN (2017): $14.3k, China

FASTEST GROWING ORIGIN (2014 - 2017): $12.2k, China

ECONOMIC COMPLEXITY of North Korea (2018): -0.27, Rnk 80 / 137

PRODUCT COMPLEXITY  IN Iron Ingots (2018): -0.89, Rnk 791 / 1018

Exports: In 2018, North Korea exported $2.57M in Iron Ingots, making it the 36th largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 22nd most exported product in North Korea. The main destination of Iron Ingots exports from North Korea are: China ($2.57M).

Imports: In 2017, North Korea imported $14.3k in Iron Ingots, becoming the 122nd largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 828th most imported product in North Korea. North Korea imports Iron Ingots primarily from: China ($14.3k).

The fastest growing import markets in Iron Ingots for North Korea between 2014 and 2017 were China ($12.2k).

Value

EXPORTS (2018): $2.57M

IMPORTS (2017): $14.3k

NET TRADE (2018): $2.57M

In 2018, North Korea exported $2.57M in Iron Ingots. The main destinations of North Korea exports on Iron Ingots were China ($2.57M).

In 2017, North Korea imported $14.3k in Iron Ingots, mainly from China ($14.3k).

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Flow

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY North Korea WERE (2017 - 2018):: China, -$136k (-5.02%)

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Market Concentration

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Flow
Type

In 2018, North Korea's main exporting competitors in Iron Ingots were:

In 2018, North Korea's main importing competitors in Iron Ingots were:

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Trade Forecasts

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This section shows forecasts for total exports and imports, for Iron Ingots in North Korea. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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