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Pricing

2022
Flag → Flag
Exports $69.6kRnk 55 / 86
2022
Flag → Flag
Top Product $67.7kKaolin Coated Paper
2022
Flag → Flag
Exports $189kRnk 209 / 221
2022
Flag → Flag
Top Product $181kVinyl Chloride Polymers
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag
 GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

North Korea-Italy Trade: In 2022, North Korea exported $69.6k to Italy. The main products that North Korea exported to Italy were Kaolin Coated Paper ($67.7k) and Nonaqueous Paints ($1.94k). Over the past 5 years the exports of North Korea to Italy have decreased at an annualized rate of 14.7%, from $154k in 2017 to $69.6k in 2022.

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

Italy-North Korea Trade: In 2022, Italy exported $189k to North Korea. The main products that Italy exported to North Korea were Vinyl Chloride Polymers ($181k), Wine ($4.61k), and Rubber Belting ($3.32k). Over the past 5 years the exports of Italy to North Korea have decreased at an annualized rate of 6.21%,  from $260k in 2017 to $189k in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Korea exported $69.6k to Italy. The main products exported from North Korea to Italy were Kaolin Coated Paper ($67.7k) and Nonaqueous Paints ($1.94k). During the last 5 years the exports of North Korea to Italy have decreased at an annualized rate of 14.7%, from $154k in 2017 to $69.6k in 2022.

In 2017, Italy exported $189k to North Korea. The main products exported from Italy to North Korea were Vinyl Chloride Polymers ($181k), Wine ($4.61k), and Rubber Belting ($3.32k). During the last 5 years the exports of Italy to North Korea have decreased at an annualized rate of 6.21%, from $260k in 2022 to $189k in 2017.

Exports from North Korea (Flag) to Italy (Flag) (2022)

Exports from Italy (Flag) to North Korea (Flag) (2022)

Latest Data

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

Italy Exports

Market Competitiveness

Color
North Korea
Top DestinationChina$131M
Italy
Top DestinationGermany$78.5B

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

In 2022, no countries were registered that imported more from North Korea than from Italy.

In 2022, countries that imported more from Italy than North Korea included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage North Korea - Italy

Flow
Scale

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

During 2022, North Korea had a large net trade with Italy in the exports of Paper Goods ($67.7k) and Chemical Products ($1.94k).

During 2017, Italy had a large net trade with North Korea in the exports of Plastics and Rubbers ($184k) and Foodstuffs ($4.61k).

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Italy (Flag) (2022)

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