April 24, 2024

North Korea’s trade with China slumps in first two months on fall in imports

Overall trade falls from $257M in December to just $120M in February, but DPRK’s exports more than double on year

North Korea’s trade with its main commercial partner China slumped in the first two months of 2024, according to official statistics, after bilateral exchange reached a six-year high in December.

New data released by China’s General Administration of Customs show that the DPRK registered only $190 million in total trade with China in January and around $120 million in February, falling from $206 million and $121 million in these months in 2023.

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