2022
Flag
 GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186

About

North Korea-United Kingdom Trade: In 2022, North Korea exported $1.07M to United Kingdom. The main products that North Korea exported to United Kingdom were Vaccines, blood, antisera, toxins and cultures ($855k), Quaternary Ammonium Salts and Hydroxides ($109k), and Propylene Polymers ($44.6k). Over the past 6 years the exports of North Korea to United Kingdom have increased at an annualized rate of 14.1%, from $482k in 2016 to $1.07M in 2022.

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

United Kingdom-North Korea Trade: In 2022, United Kingdom exported $63.4k to North Korea. The main products that United Kingdom exported to North Korea were Large Construction Vehicles ($32.4k), Pesticides ($30.2k), and Rubber Tires ($871). Over the past 6 years the exports of United Kingdom to North Korea have decreased at an annualized rate of 25.7%,  from $280k in 2016 to $63.4k in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Korea exported $1.07M to United Kingdom. The main products exported from North Korea to United Kingdom were Vaccines, blood, antisera, toxins and cultures ($855k), Quaternary Ammonium Salts and Hydroxides ($109k), and Propylene Polymers ($44.6k). During the last 6 years the exports of North Korea to United Kingdom have increased at an annualized rate of 14.1%, from $482k in 2016 to $1.07M in 2022.

In 2017, United Kingdom exported $63.4k to North Korea. The main products exported from United Kingdom to North Korea were Large Construction Vehicles ($32.4k), Pesticides ($30.2k), and Rubber Tires ($871). During the last 5 years the exports of United Kingdom to North Korea have decreased at an annualized rate of 25.7%, from $280k in 2022 to $63.4k in 2017.

Exports from North Korea (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to North Korea (Flag) (2022)

Latest Data

Trade between North Korea (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
North Korea
Top Destination
N/AN/A
United Kingdom
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from United Kingdom (Flag) and North Korea (Flag) (2022)

Comparative Advantage North Korea - United Kingdom

Flow
Scale

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

During 2022, North Korea had a large net trade with United Kingdom in the exports of Chemical Products ($964k), Plastics and Rubbers ($49.8k), and Machines ($32.8k).

During 2017, United Kingdom had a large net trade with North Korea in the exports of Machines ($32.4k), Chemical Products ($30.2k), and Plastics and Rubbers ($871).

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and United Kingdom (Flag) (2022)

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