Economy | NK PRO
July 24, 2024
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Economy

Information related to the North Korea economic sector

What North Korea’s inflated grain prices reveal about persistent food insecurity
Analysis

What North Korea’s inflated grain prices reveal about persistent food insecurity

Surging food prices have increased economic pressures on households, even as incomes have dropped since before pandemic

What North Korea’s inflated grain prices reveal about persistent food insecurity
Peter WardPeter Ward July 23, 2024
North Korea’s economic dependence on China reached new heights in 2023: Report
News

North Korea’s economic dependence on China reached new heights in 2023: Report

KOTRA analysis finds China accounted for 98.3% of DPRK trade, but does not factor in illicit arms sales to Russia

North Korea’s economic dependence on China reached new heights in 2023: Report
Anton SokolinAnton Sokolin July 22, 2024
Fabric and wigs top North Korean exports again as Chinese outsourcing continues
News

Fabric and wigs top North Korean exports again as Chinese outsourcing continues

Meanwhile, imports of construction materials in June may point to effort to renovate tourism facilities, expert says

Fabric and wigs top North Korean exports again as Chinese outsourcing continues
Anton SokolinAnton Sokolin July 22, 2024
North Korea-China trade slumps in first half as Pyongyang focuses on Russia
News

North Korea-China trade slumps in first half as Pyongyang focuses on Russia

Exchange declines to $970M in first six months, though expert says too soon to tell if China is expressing displeasure

North Korea-China trade slumps in first half as Pyongyang focuses on Russia
Anton SokolinAnton Sokolin July 18, 2024
North Korea says giant deserted ‘tourist city’ to finally open in May 2025
News

North Korea says giant deserted ‘tourist city’ to finally open in May 2025

Kim Jong Un visits Wonsan-Kalma beach resort for first time in 5 years to promote international tourism revival

North Korea says giant deserted ‘tourist city’ to finally open in May 2025
Colin ZwirkoColin Zwirko July 18, 2024
Kim Jong Un reasserts personal oversight of rural economy at new fishery project
News

Kim Jong Un reasserts personal oversight of rural economy at new fishery project

North Korean leader says nuclear submarine town to become ‘richest’ in country in few years amid local development push

Kim Jong Un reasserts personal oversight of rural economy at new fishery project
Colin ZwirkoColin Zwirko July 16, 2024
Kim Jong Un says tourism ‘revitalization’ aimed at ‘friendly’ foreigners
News

Kim Jong Un says tourism ‘revitalization’ aimed at ‘friendly’ foreigners

Remarks suggest Western visitors to be shut out, as he purges officials and orders new airport and ski resort near China

Kim Jong Un says tourism ‘revitalization’ aimed at ‘friendly’ foreigners
Colin ZwirkoColin Zwirko July 15, 2024
State media review: North Korea mourns one Kim leader, while glorifying another
Analysis

State media review: North Korea mourns one Kim leader, while glorifying another

An in-depth analysis of Kim Il Sung death memorials, a letter to Iran’s president, a worker’s confession and more

State media review: North Korea mourns one Kim leader, while glorifying another
Seung-Yeon ChungSeung-Yeon Chung July 11, 2024
What to make of reports that China plans to send back all North Korean workers
Analysis

What to make of reports that China plans to send back all North Korean workers

Repatriation of thousands of laborers could be retaliation over DPRK-Russia ties and would cut off huge revenue source

What to make of reports that China plans to send back all North Korean workers
Gabriela BernalGabriela Bernal July 11, 2024
Why North Korea is shunning Chinese tourists who used to be cash cow for regime
Analysis

Why North Korea is shunning Chinese tourists who used to be cash cow for regime

DPRK has only allowed Russian tours to date, a trend experts say bodes poorly for tourism industry and broader reopening

Why North Korea is shunning Chinese tourists who used to be cash cow for regime
Joe SmithJoe Smith July 10, 2024
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