2022
Flag
 GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186

About

North Korea-Australia Trade: In 2013, North Korea exported $24.2k to Australia. The main products that North Korea exported to Australia were N/A. Over the past 5 years the exports of North Korea to Australia have decreased at an annualized rate of 67.1%, from $6.28M in 2008 to $24.2k in 2013.

In 2013, North Korea did not export any services to Australia.

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

In 2013, Australia did not export any services to North Korea.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2013, North Korea exported $24.2k to Australia. There were not main exports from North Korea to Australia in 2013. During the last 5 years the exports of North Korea to Australia have decreased at an annualized rate of 67.1%, from $6.28M in 2008 to $24.2k in 2013.

Australia does not register exports to North Korea.

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

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

Latest Data

Trade between North Korea (Flag) and Australia (Flag)

Australia Exports

Date

Market Competitiveness

Color
North Korea
Top Destination
China$131M
Australia
Top Destination
China$123B

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

In 2022, countries that imported more from North Korea than Australia included Luxembourg ($6.44M), Niger ($3.45M), and Grenada ($639k).

In 2022, countries that imported more from Australia than North Korea included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Comparative Advantage North Korea - Australia

Flow
Scale

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

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

Economic Complexity

Competitive Landscape

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

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

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