2022
Exports
$47.7MWorld Rnk 147 / 216
Flag Rnk 1 / 79
2022
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.48Rnk 371 / 1025
2022
Imports
$15MWorld Rnk 212 / 225
Flag Rnk 18 / 80

About

Exports In 2022, North Korea exported $47.7M in Mineral fuels, mineral oils and products of their distillation, making it the 147th largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most exported product in North Korea. The main destination of Mineral fuels, mineral oils and products of their distillation exports from North Korea are: Senegal ($26.1M), China ($20.4M), Rwanda ($652k), Democratic Republic of the Congo ($279k), and Suriname ($76k).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of North Korea between 2021 and 2022 were China ($3.44M), Rwanda ($487k), and Democratic Republic of the Congo ($279k).

Imports In 2022, North Korea imported $15M in Mineral fuels, mineral oils and products of their distillation, becoming the 212th largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 18th most imported product in North Korea. North Korea imports Mineral fuels, mineral oils and products of their distillation primarily from: China ($14.7M), Suriname ($250k), and Kyrgyzstan ($15k).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for North Korea between 2021 and 2022 were China ($11.1M), Suriname ($250k), and Kyrgyzstan ($15k).

Latest Trends

Jul 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 Mineral fuels, mineral oils and products of their distillation. 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)$47.7M
IMPORTS (2022)$15M
NET TRADE (2022)$32.7M

In 2022, North Korea exported $47.7M in Mineral fuels, mineral oils and products of their distillation. The main destinations of North Korea exports on Mineral fuels, mineral oils and products of their distillation were Senegal ($26.1M), China ($20.4M), Rwanda ($652k), Democratic Republic of the Congo ($279k), and Suriname ($76k).

In 2022, North Korea imported $15M in Mineral fuels, mineral oils and products of their distillation, mainly from China ($14.7M), Suriname ($250k), and Kyrgyzstan ($15k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR North Korea WERE (2021 - 2022):
China$3.44M (20.3%)
Rwanda$487k (296%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY North Korea WERE (2021 - 2022):
Senegal-$10.8M (-29.2%)
Papua New Guinea-$733k (-100%)
Tanzania-$633k (-91.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Korea's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2022, North Korea's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

Mineral fuels, mineral oils and products of their distillation’s highest export potential is N/A. With an export gap of N/A.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is N/A with an import gap of N/A.

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