North Korea imports only $32,000 worth of Chinese goods amid deep trade slump
Chinese exports to the DPRK hit a record low since at least 2017, according to new numbers from January and February
Chinese trade with North Korea continued to stall at minuscule levels in January and February, after the country’s economy suffered serious blows amid the COVID-19 pandemic last year.
According to China’s General Administration of Customs (GAC), the value of Chinese exports to the DPRK stood at $29,000 in January and $3,000 in February, with both months representing record lows since at least 2017. China imported $1.48 million in goods from the DPRK in January and $3.24 million in February — a modest growth compared to DPRK export values seen in winter 2020.
China-DPRK trade dropped by 97.7% in value when comparing
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