2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195

About

Netherlands-North Korea Trade: In 2023, Netherlands exported $743k to North Korea. The main products that Netherlands exported to North Korea were Whey and other milk products ($381k), Unpackaged Medicaments ($131k), and Malt ($48k). Over the past 5 years the exports of Netherlands to North Korea have decreased at an annualized rate of 6.87%, from $1.06M in 2018 to $743k in 2023.

In 2023, Netherlands did not export any services to North Korea.

North Korea-Netherlands Trade: In 2023, North Korea exported $669k to Netherlands. The main products that North Korea exported to Netherlands were Raw Aluminium ($516k), Light Fixtures ($74.3k), and Raw Plastic Sheeting ($32.6k). Over the past 5 years the exports of North Korea to Netherlands have decreased at an annualized rate of 24.4%,  from $2.7M in 2018 to $669k in 2023.

In 2023, North Korea did not export any services to Netherlands.

Comparison In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08),  and 9 in total exports ($599B). That same year, North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $743k to North Korea. The main products exported from Netherlands to North Korea were Whey and other milk products ($381k), Unpackaged Medicaments ($131k), and Malt ($48k). During the last 5 years the exports of Netherlands to North Korea have decreased at an annualized rate of 6.87%, from $1.06M in 2018 to $743k in 2023.

In 2018, North Korea exported $669k to Netherlands. The main products exported from North Korea to Netherlands were Raw Aluminium ($516k), Light Fixtures ($74.3k), and Raw Plastic Sheeting ($32.6k). During the last 5 years the exports of North Korea to Netherlands have decreased at an annualized rate of 24.4%, from $2.7M in 2023 to $669k in 2018.

Exports from Netherlands (Flag) to North Korea (Flag) (2023)

Exports from North Korea (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
North Korea
Top Destination
China$292M

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

In 2023, countries that imported more from Netherlands than North Korea included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, no countries were registered that imported more from North Korea than from Netherlands.

Difference in imports from North Korea (Flag) and Netherlands (Flag) (2023)

Comparative Advantage Netherlands - North Korea

Flow
Scale

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

During 2023, Netherlands had a large net trade with North Korea in the exports of Animal Products ($381k), Chemical Products ($206k), and Vegetable Products ($75k).

During 2018, North Korea had a large net trade with Netherlands in the exports of Metals ($516k), Miscellaneous ($75k), and Chemical Products ($40.7k).

Economic Complexity

Competitive Landscape

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

Product Space of Netherlands (Flag) and North Korea (Flag) (2023)

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