2023
Flag
 GDP
$17.8TCURRENT US$
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2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
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2023
Flag
GDP PC
$12,614CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
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About

North Korea-China Trade: In 2023, North Korea exported $292M to China. The main products that North Korea exported to China were Fake Hair ($167M), Ferroalloys ($32.1M), and Tungsten Ore ($25.9M). Over the past 5 years the exports of North Korea to China have increased at an annualized rate of 8.45%, from $195M in 2018 to $292M in 2023.

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

China-North Korea Trade: In 2023, China exported $2B to North Korea. The main products that China exported to North Korea were Processed Hair ($160M), Soybean Oil ($90M), and Mixed Mineral or Chemical Fertilizers ($80.7M). Over the past 5 years the exports of China to North Korea have decreased at an annualized rate of 2.01%,  from $2.22B in 2018 to $2B in 2023.

In 2023, China 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, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Korea exported $292M to China. The main products exported from North Korea to China were Fake Hair ($167M), Ferroalloys ($32.1M), and Tungsten Ore ($25.9M). During the last 5 years the exports of North Korea to China have increased at an annualized rate of 8.45%, from $195M in 2018 to $292M in 2023.

In 2018, China exported $2B to North Korea. The main products exported from China to North Korea were Processed Hair ($160M), Soybean Oil ($90M), and Mixed Mineral or Chemical Fertilizers ($80.7M). During the last 5 years the exports of China to North Korea have decreased at an annualized rate of 2.01%, from $2.22B in 2023 to $2B in 2018.

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

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

Latest Data

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

China Exports

Market Competitiveness

Color
North Korea
Top Destination
China$292M
China
Top Destination
United States$436B

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

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

In 2023, countries that imported more from China than North Korea included United States ($436B), Hong Kong ($259B), and Japan ($169B).

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

Comparative Advantage North Korea - China

Flow
Scale

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

During 2023, North Korea had a large net trade with China in the exports of Footwear and Headwear ($167M), Mineral Products ($55.4M), and Metals ($34M).

During 2018, China had a large net trade with North Korea in the exports of Textiles ($371M), Chemical Products ($279M), and Plastics and Rubbers ($274M).

Economic Complexity

Competitive Landscape

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

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

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