2023
Flag
 GDP
$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH
38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
GDP PC
$50,532CURRENT US$
Rnk 25 / 196
2013-2023
Flag
GDP PC GROWTH
31.6%CURRENT US$
Rnk 75 / 195

About

North Korea-Hong Kong Trade: In 2016, North Korea exported $857k to Hong Kong. The main products that North Korea exported to Hong Kong were N/A. Over the past 5 years the exports of North Korea to Hong Kong have decreased at an annualized rate of 24.4%, from $3.48M in 2011 to $857k in 2016.

In 2016, North Korea did not export any services to Hong Kong.

Hong Kong-North Korea Trade: In 2016, Hong Kong exported $677k to North Korea. The main products that Hong Kong exported to North Korea were Rolled Tobacco ($677k). Over the past 5 years the exports of Hong Kong to North Korea have decreased at an annualized rate of 15.8%,  from $1.6M in 2011 to $677k in 2016.

In 2016, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2016, North Korea exported $857k to Hong Kong. There were not main exports from North Korea to Hong Kong in 2016. During the last 5 years the exports of North Korea to Hong Kong have decreased at an annualized rate of 24.4%, from $3.48M in 2011 to $857k in 2016.

In 2018, Hong Kong exported $677k to North Korea. The main products exported from Hong Kong to North Korea were Rolled Tobacco ($677k). During the last 5 years the exports of Hong Kong to North Korea have decreased at an annualized rate of 15.8%, from $1.6M in 2023 to $677k in 2018.

Exports from North Korea (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to North Korea (Flag) (2023)

Latest Data

Trade between North Korea (Flag) and Hong Kong (Flag)

Hong Kong Exports

Market Competitiveness

Color
North Korea
Top Destination
China$292M
Hong Kong
Top Destination
China$25.3B

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

In 2023, countries that imported more from North Korea than Hong Kong included Liberia ($5.74M) and Cape Verde ($554k).

In 2023, countries that imported more from Hong Kong than North Korea included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong (Flag) and North Korea (Flag) (2023)

Comparative Advantage North Korea - Hong Kong

Flow
Scale

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

During 2016, North Korea had a large net trade with Hong Kong in the exports of .

During 2018, Hong Kong had a large net trade with North Korea in the exports of Foodstuffs ($677k).

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Hong Kong (Flag) (2023)

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