North Korea-Russia trade plummeted by nearly 42% in 2020 — the year of COVID-19
New data suggests that trade between Pyongyang and Moscow suffered greater blows than previously thought
The value of total trade between North Korea and Russia dropped nearly 42% year-over-year between 2019 and 2020, according to data from Russia’s Federal Customs Service (FCS).
For more than a year now, North Korea has enforced a COVID-19-related border lockdown that put a halt to most international travel and also has caused serious reductions to trade. Excluding humanitarian aid, the total value of Russian exports to North Korea fell by roughly 40% from 2019 to 2020, while the total value of imports fell by about 76%.
These numbers indicate a much steeper decline in trade between Pyongyang and Moscow
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