April 29, 2024
News

North Korea-China trade maintains momentum in May despite slight dip

May was third-strongest month for bilateral trade during pandemic, while marking a ninefold increase from last year

North Korea’s trade with China posted a ninefold increase in May from the year before, official data shows, despite declining slightly from April.

According to China’s General Administration of Customs, the total trade volume between Beijing and Pyongyang reached $189.57 million last month, a dramatic increase from $20.31 million in May 2022 following the country’s first reported outbreak of COVID-19.

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