Australia (AUS) and North Korea (PRK) Trade | The Observatory of Economic Complexity

About

Australia-North Korea In 2011, Australia exported $6.55M to North Korea. The main products that Australia exported to North Korea are N/A. During the last 16 years the exports of Australia to North Korea have increased at an annualized rate of 30.2%, from $96.6k in 1995 to $6.55M in 2011.

In 2011, Australia did not export any services to North Korea.

North Korea-Australia In 2011, North Korea exported $24.2k to Australia. The main products that North Korea exported to Australia were N/A. During the last 16 years the exports of North Korea to Australia have decreased at an annualized rate of 19.3%, from $750k in 1995 to $24.2k in 2011.

In 2011, North Korea did not export any services to Australia.

Comparison In 2022, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2011, Australia exported $6.55M to North Korea. There were not main exports from Australia to North Korea in 2011. During the last 16 years the exports of Australia to North Korea have increased at an annualized rate of 30.2%, from $96.6k in 1995 to $6.55M in 2011.

In 2013, North Korea exported $24.2k to Australia. There were not main exports from North Korea to Australia in 2013. During the last 18 years the exports of North Korea to Australia have decreased at an annualized rate of 19.3%, from $750k in 1995 to $24.2k in 2013.

Exports from Australia () to North Korea () (2013)

Exports from North Korea () to Australia () (2013)

Latest Data

Trade between Australia () and North Korea ()

Australia Exports

Date

Oct 2011

Jul 2011

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Australia
Top DestinationChina$123B

North Korea
Top DestinationChina$131M

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

In 2021, countries that imported more from Australia than North Korea were China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2021, countries that imported more from North Korea than Australia were Luxembourg ($6.44M), Niger ($3.45M), and Grenada ($639k).

Difference in imports from North Korea () and Australia () (2022)

Comparative Advantage Australia - North Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2011, Australia had a large net trade with North Korea in the exports of .

During 2013, North Korea had a large net trade with Australia in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Australia () to North Korea () (2013)

Exports from North Korea () to Australia () (2013)

Latest Data

Trade between Australia () and North Korea ()

Australia Exports

Market Competitiveness

Difference in imports from North Korea () and Australia () (2022)

Comparative Advantage Australia - North Korea

Economic Complexity

Competitive Landscape

Product Space of Australia () and North Korea () (2013)

Keep Exploring