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Exports In 2022, North Korea exported $23.8M in Machines, making it the 143rd largest exporter of Machines in the world. At the same year, Machines was the 3rd most exported product in North Korea. The main destination of Machines exports from North Korea are: Luxembourg ($6.36M), Mozambique ($4.74M), Poland ($2.72M), Barbados ($1.56M), and Suriname ($1.49M).

The fastest growing export markets for Machines of North Korea between 2021 and 2022 were Mozambique ($4.57M), Barbados ($701k), and Oman ($432k).

Imports In 2022, North Korea imported $266k in Machines, becoming the 226th largest importer of Machines in the world. At the same year, Machines was the 17th most imported product in North Korea. North Korea imports Machines primarily from: South Africa ($145k), Trinidad and Tobago ($32.4k), United Kingdom ($32.4k), Philippines ($29.5k), and India ($19.3k).

The fastest growing import markets in Machines for North Korea between 2021 and 2022 were South Africa ($140k), Trinidad and Tobago ($32.4k), and United Kingdom ($32.4k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Machines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$23.8M
IMPORTS (2022)$266k
NET TRADE (2022)$23.5M

In 2022, North Korea exported $23.8M in Machines. The main destinations of North Korea exports on Machines were Luxembourg ($6.36M), Mozambique ($4.74M), Poland ($2.72M), Barbados ($1.56M), and Suriname ($1.49M).

In 2022, North Korea imported $266k in Machines, mainly from South Africa ($145k), Trinidad and Tobago ($32.4k), United Kingdom ($32.4k), Philippines ($29.5k), and India ($19.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machines EXPORT MARKETS FOR North Korea WERE (2021 - 2022):
Mozambique$4.57M (2.59k%)
Barbados$701k (82.1%)
Oman$432k (1.88k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machines BY North Korea WERE (2021 - 2022):
Papua New Guinea-$5.49M (-100%)
Poland-$3.72M (-57.8%)
India-$3.36M (-89.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Korea's main exporting competitors in Machines were:
In 2022, North Korea's main importing competitors in Machines were:

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Trade Value of Machines by Exporters

Potential Exports

Potential Exports

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Machines’s highest export potential is N/A. With an export gap of N/A.   Machines’s highest import potential is N/A with an import gap of N/A.

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