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Economy

Information related to the North Korea economic sector

China opens new customs office along border with North Korea
News

China opens new customs office along border with North Korea

The Changbaishan Customs Office will handle the only Sino-DPRK land passage at Shuangmu Peak land port

China opens new customs office along border with North Korea
Min Chao ChoyMin Chao Choy August 21, 2020
North Korea’s long-term economic goals ‘seriously delayed,’ ruling party says
News

North Korea’s long-term economic goals ‘seriously delayed,’ ruling party says

Plenum meeting reveals details ahead of Eighth Congress in Jan. 2021, where a new five-year economic plan will emerge

North Korea’s long-term economic goals ‘seriously delayed,’ ruling party says
Colin ZwirkoColin Zwirko | Jeongmin Kim August 19, 2020
North Korea is giving more power to farmers, but not without helping the elite
Analysis

North Korea is giving more power to farmers, but not without helping the elite

Major agricultural reforms aim to inspire farmers to produce more food, but not without age-old command and control

North Korea is giving more power to farmers, but not without helping the elite
Peter WardPeter Ward August 19, 2020
Why insurance companies might be stuck paying ransoms to North Korean hackers
Analysis

Why insurance companies might be stuck paying ransoms to North Korean hackers

North Korean hackers make ransoms cheaper than backup and restoration costs, making it likely companies will pay up

Why insurance companies might be stuck paying ransoms to North Korean hackers
Shea CottonShea Cotton August 18, 2020
North Korea will convene a meeting to decide on ‘issue of crucial significance’
News

North Korea will convene a meeting to decide on ‘issue of crucial significance’

Significant foreign and domestic policy announcements expected at ruling party Plenary Meeting on Aug. 19

North Korea will convene a meeting to decide on ‘issue of crucial significance’
Colin ZwirkoColin Zwirko August 17, 2020
Who’s writing the rules of the North Korean economy?
Analysis

Who’s writing the rules of the North Korean economy?

A newly-obtained document detailing 2014 economic reforms reveals the government’s role in economic regulation

Who’s writing the rules of the North Korean economy?
Peter WardPeter Ward August 17, 2020
Russian exports to North Korea remain stable in June, medicine value rises
Analysis

Russian exports to North Korea remain stable in June, medicine value rises

Staple items such as flour, oil, sugar and fuel decreased slightly while medicines made a big jump in volume and value

Russian exports to North Korea remain stable in June, medicine value rises
Min Chao ChoyMin Chao Choy August 13, 2020
UN: North Korea made 33 illegal coal shipments after lifting COVID-19 measures
News

UN: North Korea made 33 illegal coal shipments after lifting COVID-19 measures

The "majority" of coal gets transferred from Chongjin, Nampho and Taean ports to Chinese waters and buyers, report says

UN: North Korea made 33 illegal coal shipments after lifting COVID-19 measures
Min Chao ChoyMin Chao Choy August 6, 2020
Photos: Shops, restaurants and Sinuiju port – a view from Dandong in July
Analysis

Photos: Shops, restaurants and Sinuiju port – a view from Dandong in July

Despite sanctions and the COVID-19 global pandemic, North Korea's imprint on Dandong was easy to see in July 2020

Photos: Shops, restaurants and Sinuiju port – a view from Dandong in July
Chad O'CarrollChad O'Carroll August 5, 2020
Timeline: From multiple Kim Jong Un appearances to defector ‘suspected’ of COVID
Analysis

Timeline: From multiple Kim Jong Un appearances to defector ‘suspected’ of COVID

NK Pro timeline charts the key events from July 1 to July 31

Timeline: From multiple Kim Jong Un appearances to defector ‘suspected’ of COVID
NK ProNK Pro August 4, 2020
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