India (IND) and North Korea (PRK) Trade | The Observatory of Economic Complexity

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India-North Korea Trade: In 2022, India exported $1.74M to North Korea. The main products that India exported to North Korea were Raw Aluminium ($999k), Vitamins ($372k), and Synthetic Reconstructed Jewellery Stones ($135k). Over the past 5 years the exports of India to North Korea have decreased at an annualized rate of 50.6%, from $59.2M in 2017 to $1.74M in 2022.

In 2022, India did not export any services to North Korea.

North Korea-India Trade: In 2022, North Korea exported $1.47M to India. The main products that North Korea exported to India were Polycarboxylic Acids ($274k), Synthetic Rubber ($106k), and Nitrogen Heterocyclic Compounds ($89.2k). Over the past 5 years the exports of North Korea to India have decreased at an annualized rate of 47.1%, from $35.4M in 2017 to $1.47M in 2022.

In 2022, North Korea did not export any services to India.

Comparison In 2022, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

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Overview In N/A, India exported $N/A and imported $N/A from North Korea, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of India have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of India to North Korea were Packaging Materials ($44.1k). In N/A the top imports of India from North Korea were Inorganic Chemicals ($40.2k) and Plastic Raw Materials ($2).

Growth In N/A, the N/A in India's year-by-year exports to North Korea was explained primarily by an decrease in product exports in . In N/A, the N/A in India's year-by-year imports from North Korea was explained primarily by an decrease in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check North Korea and India trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, India exported $1.74M to North Korea. The main products exported from India to North Korea were Raw Aluminium ($999k), Vitamins ($372k), and Synthetic Reconstructed Jewellery Stones ($135k). During the last 5 years the exports of India to North Korea have decreased at an annualized rate of 50.6%, from $59.2M in 2017 to $1.74M in 2022.

In 2017, North Korea exported $1.47M to India. The main products exported from North Korea to India were Polycarboxylic Acids ($274k), Synthetic Rubber ($106k), and Nitrogen Heterocyclic Compounds ($89.2k). During the last 5 years the exports of North Korea to India have decreased at an annualized rate of 47.1%, from $35.4M in 2022 to $1.47M in 2017.

Exports from India () to North Korea () (2022)

Exports from North Korea () to India () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationUnited States$82.9B

North Korea
Top DestinationChina$131M

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

In 2022, countries that imported more from India than North Korea included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, no countries were registered that imported more from North Korea than from India.

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

Comparative Advantage India - North Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, India had a large net trade with North Korea in the exports of Metals ($1.03M), Chemical Products ($462k), and Precious Metals ($146k).

During 2017, North Korea had a large net trade with India in the exports of Chemical Products ($448k), Machines ($386k), and Plastics and Rubbers ($301k).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of India and North Korea. This means that a dot/product with the flag of India indicates it has a comparative advantage over North Korea. Similarly, a dot/product with the flag of North Korea indicates it has a comparative advantage over India.

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from India () to North Korea () (2022)

Exports from North Korea () to India () (2022)

Market Competitiveness

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

Comparative Advantage India - North Korea

Economic Complexity

Competitive Landscape

Product Space of India () and North Korea () (2022)

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