November 29, 2023

North Korean imports hit COVID-era high, but reversal could be soon to follow

The rapid spread of omicron in the country threatens to upend increasing bilateral trade

North Korea’s monthly imports in April hit their highest point since the onset of the COVID-19 pandemic, newly released customs data shows, though the country’s trade could take a severe hit in the coming months due to the outbreak of omicron within its borders.

According to China’s General Administration of Customs (GAC), North Korea’s imports from China in April reached $98.1 million, jumping by more than 70% from March’s figure. Meanwhile, the DPRK exported a little over $4 million worth of goods to China last month, up just slightly from $3.6 million in March.