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Economy

Information related to the North Korea economic sector

North Korea introduces strict currency exchange restrictions for foreigners
News

North Korea introduces strict currency exchange restrictions for foreigners

New rules mean diplomats can only exchange $100 a day per person

North Korea introduces strict currency exchange restrictions for foreigners
Chad O'CarrollChad O'Carroll October 29, 2020
Chinese trade with North Korea painfully low in September, food imports bleak
News

Chinese trade with North Korea painfully low in September, food imports bleak

Trade with China dropped 92% compared to the same period last year, largely due to COVID-19-related border closures

Chinese trade with North Korea painfully low in September, food imports bleak
Min Chao ChoyMin Chao Choy October 27, 2020
Tourism firms cast doubt on claims that China-North Korea tours will resume soon
News

Tourism firms cast doubt on claims that China-North Korea tours will resume soon

Tour agencies say officials in Beijing and Pyongyang deny PRC-DPRK tourism about to resume

Tourism firms cast doubt on claims that China-North Korea tours will resume soon
Chad O'CarrollChad O'Carroll October 27, 2020
Pyongyang stores low on foreign goods amid North Korean COVID-19 paranoia
COVID-19

Pyongyang stores low on foreign goods amid North Korean COVID-19 paranoia

State media warned citizens against imported items out of fear that they could spread the virus from abroad

Pyongyang stores low on foreign goods amid North Korean COVID-19 paranoia
Jeongmin KimJeongmin Kim October 27, 2020
How overseas labor improves ordinary North Korean lives – NKNews Podcast Ep. 153
Evergreen

How overseas labor improves ordinary North Korean lives – NKNews Podcast Ep. 153

Andrei Lankov and Peter Ward discuss the difficulties and opportunities of the North Korean workers living abroad

How overseas labor improves ordinary North Korean lives – NKNews Podcast Ep. 153
Jacco ZwetslootJacco Zwetsloot October 26, 2020
North Korea urges people indoors, fearing dust from China will spread COVID-19
COVID-19

North Korea urges people indoors, fearing dust from China will spread COVID-19

Foreigners in Pyongyang say the government asked them to stay inside, while outdoor construction was banned on Thursday

North Korea urges people indoors, fearing dust from China will spread COVID-19
Jeongmin KimJeongmin Kim October 22, 2020
Photos: North Korea unveils sleek and modern train locomotive upgrade
News

Photos: North Korea unveils sleek and modern train locomotive upgrade

The newly-revealed train locomotive is part of a greater national effort to modernize the country's transit

Photos: North Korea unveils sleek and modern train locomotive upgrade
Chad O'CarrollChad O'Carroll October 20, 2020
What the World Food Programme doesn’t know about North Korean agriculture
Analysis

What the World Food Programme doesn’t know about North Korean agriculture

It's impossible to track North Korea's food production system perfectly, but the WFP is missing several key points

What the World Food Programme doesn’t know about North Korean agriculture
Peter WardPeter Ward October 19, 2020
North Korea spent $965,000 on a mysterious Russian item in August: Trade data
News

North Korea spent $965,000 on a mysterious Russian item in August: Trade data

Aside from the mystery item category, the DPRK also spent serious cash on two powerful turbine engines

North Korea spent $965,000 on a mysterious Russian item in August: Trade data
Min Chao ChoyMin Chao Choy October 15, 2020
The ‘80-day battle’ until 2021: What’s next for North Korea this year
Analysis

The ‘80-day battle’ until 2021: What’s next for North Korea this year

Kim Jong Un's focus may seem like it's on the economy, but it's really on his new ICBM and the White House, experts say

The ‘80-day battle’ until 2021: What’s next for North Korea this year
Jeongmin KimJeongmin Kim October 14, 2020
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