2023
Flag
 GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC
$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195

About

North Korea-United Kingdom Trade: In 2023, North Korea exported $1.54k to United Kingdom. The main products that North Korea exported to United Kingdom were Padlocks ($1.54k). Over the past 6 years the exports of North Korea to United Kingdom have decreased at an annualized rate of 48.9%, from $86.5k in 2017 to $1.54k in 2023.

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

United Kingdom-North Korea Trade: In 2023, United Kingdom exported $19.5k to North Korea. The main products that United Kingdom exported to North Korea were Rubber Tires ($19.1k) and Centrifuges ($329). Over the past 6 years the exports of United Kingdom to North Korea have decreased at an annualized rate of 38.5%,  from $222k in 2017 to $19.5k in 2023.

In 2023, United Kingdom 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Korea exported $1.54k to United Kingdom. The main products exported from North Korea to United Kingdom were Padlocks ($1.54k). During the last 6 years the exports of North Korea to United Kingdom have decreased at an annualized rate of 48.9%, from $86.5k in 2017 to $1.54k in 2023.

In 2018, United Kingdom exported $19.5k to North Korea. The main products exported from United Kingdom to North Korea were Rubber Tires ($19.1k) and Centrifuges ($329). During the last 5 years the exports of United Kingdom to North Korea have decreased at an annualized rate of 38.5%, from $222k in 2023 to $19.5k in 2018.

Exports from North Korea (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to North Korea (Flag) (2023)

Latest Data

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

United Kingdom Exports

Market Competitiveness

Color
North Korea
Top Destination
China$292M
United Kingdom
Top Destination
United States$59.7B

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.

In 2023, countries that imported more from North Korea than United Kingdom included Samoa ($962k).

In 2023, countries that imported more from United Kingdom than North Korea included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and North Korea (Flag) (2023)

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 2023, North Korea had a large net trade with United Kingdom in the exports of Metals ($1.54k).

During 2018, United Kingdom had a large net trade with North Korea in the exports of Plastics and Rubbers ($19.1k) and Machines ($329).

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) (2023)

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