North Korea’s exports remain low in March: data
DPRK increased imports by USD$40 million during same period as trade deficit deepened
North Korea’s earnings from trade rose in March from a ten year low the previous month, though still remained at a fraction of the country’s outgoings.
Recently released figures from China’s customs authorities show that the North’s revenue from exports rose by USD$3 million last month to just over USD$11 million.
But the DPRK’s spending on Chinese goods also increased by close to exactly USD$40 million to USD$142 million when compared to February.
The resulting disparity means North Korea continued to deepen its long-standing trade deficit with its