2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Italy-North Korea Trade: In 2022, Italy exported $189k to North Korea. The main products that Italy exported to North Korea were Vinyl Chloride Polymers ($181k), Wine ($4.61k), and Rubber Belting ($3.32k). Over the past 5 years the exports of Italy to North Korea have decreased at an annualized rate of 6.21%, from $260k in 2017 to $189k in 2022.

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

North Korea-Italy Trade: In 2022, North Korea exported $69.6k to Italy. The main products that North Korea exported to Italy were Kaolin Coated Paper ($67.7k) and Nonaqueous Paints ($1.94k). Over the past 5 years the exports of North Korea to Italy have decreased at an annualized rate of 14.7%,  from $154k in 2017 to $69.6k in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). 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
Value

In 2022, Italy exported $189k to North Korea. The main products exported from Italy to North Korea were Vinyl Chloride Polymers ($181k), Wine ($4.61k), and Rubber Belting ($3.32k). During the last 5 years the exports of Italy to North Korea have decreased at an annualized rate of 6.21%, from $260k in 2017 to $189k in 2022.

In 2017, North Korea exported $69.6k to Italy. The main products exported from North Korea to Italy were Kaolin Coated Paper ($67.7k) and Nonaqueous Paints ($1.94k). During the last 5 years the exports of North Korea to Italy have decreased at an annualized rate of 14.7%, from $154k in 2022 to $69.6k in 2017.

Exports from Italy (Flag) to North Korea (Flag) (2022)

Exports from North Korea (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
North Korea
Top Destination
China$131M

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

In 2022, countries that imported more from Italy than North Korea included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Difference in imports from North Korea (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - North Korea

Flow
Scale

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

During 2022, Italy had a large net trade with North Korea in the exports of Plastics and Rubbers ($184k) and Foodstuffs ($4.61k).

During 2017, North Korea had a large net trade with Italy in the exports of Paper Goods ($67.7k) and Chemical Products ($1.94k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Italy and North Korea. This means that a dot/product with the flag of Italy 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 Italy.

Product Space of Italy (Flag) and North Korea (Flag) (2022)

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