News Russia, North Korea trade drops in Q1Bilateral imports, exports apparently down in first quarter 2015 despite cooperation North Korean trade with Russia decreased sharply in the first quarter of 2015, according to data from the ITC Trade Map, despite continued attempts to improve bilateral economic cooperation between the two countries. Both imports and exports between Russia and North Korea fell in the first four months of 2015 compared to 2014 numbers. Exports from North Korea to Russia fell from more than $3 million in the fourth quarter of last year to approximately $500,000. The drop was mostly on the back of a big reduction of machine and clothes exports to Russia. While the latter group © Korea Risk Group. All rights reserved. |