North Korea (PRK) and Armenia (ARM) Trade | The Observatory of Economic Complexity

2023

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Exports $288kRnk 38 / 82

2023

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About

North Korea-Armenia Trade: In 2023, North Korea exported $288k to Armenia. The main products that North Korea exported to Armenia were Raw Plastic Sheeting ($118k), Other Processed Fruits and Nuts ($66.3k), and Cars ($65k). Over the past 5 years the exports of North Korea to Armenia have increased at an annualized rate of 10%, from $179k in 2018 to $288k in 2023.

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

Armenia-North Korea In N/A, Armenia did not export any products to North Korea.

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

Comparison In 2023, North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B).

Historical Data

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Korea
Top DestinationChina$292M

Armenia
Top DestinationRussia$3.38B

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

In 2023, countries that imported more from North Korea than Armenia included Senegal ($10.3M), Angola ($10.2M), and Luxembourg ($6.8M).

In 2023, countries that imported more from Armenia than North Korea included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

Difference in imports from Armenia () and North Korea () (2023)

Economic Complexity

Competitive Landscape

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