N. Korean interest in consumer electronics remains high: trade figures
Cell phones, laptops, and other products remain popular, despite falling trade revenues
Falling trade revenues are yet to significantly diminish North Korea’s demand for consumer electronics items like cell phones and laptops, recently released trade data for the month of August shows.
The trade statistics from China’s General Administration of Customs show DPRK purchases of Chinese-made cell phones increased from USD$1.8 million in July to over USD$5 million the following month.
The number reflects a rebounding North Korean demand for cell phones, which fell by nearly 40 percent from highs of over USD$80 million in 2014 in the following two years.
With the renewed interest
- 01How North Korea and Russia could build their own crypto ‘shadow economy’
- 02North Korean launchpad busy despite Putin’s vow to help launch DPRK satellites
- 03Why China isn’t too worried about Kim Jong Un’s trip to cozy up to Russia
- 04State media review: Kim Jong Un ramps up personality cult with new mosaic mural
- 05Why interoperability remains a hurdle for trilateral cooperation on North Korea
- 06North Korea confirms long-time weapons official leading top missile bureau
- 07RECAP: Everything we know about Kim Jong Un’s grand odyssey in Russian Far East
- 08What the North Korean Red Guards’ new toys reveal about military modernization