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May 30, 2025May 30, 2025

Economy

Information related to the North Korea economic sector

North Korean firms tout labor exports and luxury goods despite sanctions

North Korean firms tout labor exports and luxury goods despite sanctions

New issue of Foreign Trade magazine promotes DPRK inroads in Russia and China, including through joint ventures

North Korean firms tout labor exports and luxury goods despite sanctions
Anton Sokolin
Anton Sokolin May 28, 2025
Why North Korea’s bold experiment with raising wages is destined to fail

Why North Korea’s bold experiment with raising wages is destined to fail

Fueled by Russian funds, the reforms substitute ideology for economics and risk inflation, deeper poverty or worse

Why North Korea’s bold experiment with raising wages is destined to fail
Chan Young Bang
Chan Young Bang May 27, 2025
Sanctioned peanuts and other North Korean goods set to enter Russia: Records

Sanctioned peanuts and other North Korean goods set to enter Russia: Records

Official filings show Russian firms are looking to import agricultural goods, medicines and ginseng beverages from DPRK

Sanctioned peanuts and other North Korean goods set to enter Russia: Records
Anton Sokolin
Anton Sokolin May 26, 2025
Every company that joined North Korea’s not-so-international spring trade fair
NK PRO

Every company that joined North Korea’s not-so-international spring trade fair

NK Pro finds nearly 100 DPRK firms participated in first event in 6 years, including likely sanctioned joint ventures

Every company that joined North Korea’s not-so-international spring trade fair
Shreyas Reddy
Shreyas Reddy May 21, 2025
North Korea imports $32M in food in April, continues sanctioned textile trade
NK PRO

North Korea imports $32M in food in April, continues sanctioned textile trade

Expert says fruit shipments likely for elite, as China outsources production of wigs, watches and clothes

North Korea imports $32M in food in April, continues sanctioned textile trade
Ifang Bremer
Ifang Bremer May 21, 2025
North Korean firm unveils new AI-powered smartphone at Pyongyang trade fair
NK PRO

North Korean firm unveils new AI-powered smartphone at Pyongyang trade fair

First smartphone by Sujongchon boasts AI image editor and voice controls but appears to crib from Chinese models

North Korean firm unveils new AI-powered smartphone at Pyongyang trade fair
Shreyas Reddy
Shreyas Reddy May 20, 2025
North Korea-China trade holds strong in April in sign of stable economic ties

North Korea-China trade holds strong in April in sign of stable economic ties

Total exchange reaches nearly $222.1M, a 15% on-year increase despite DPRK’s focus on cooperation with Russia

North Korea-China trade holds strong in April in sign of stable economic ties
Ifang Bremer
Ifang Bremer May 19, 2025
Navigating uncertainty: How Lee Jae-myung could overhaul North Korea policy
NK PRO

Navigating uncertainty: How Lee Jae-myung could overhaul North Korea policy

Seoul could push to revive DPRK engagement, perhaps with China’s help, but faces growing US pressure to confront Beijing

Navigating uncertainty: How Lee Jae-myung could overhaul North Korea policy
Hans Horan
Hans Horan May 19, 2025
New AI research center supercharging North Korea’s malicious cyber ops: Report
NK PRO

New AI research center supercharging North Korea’s malicious cyber ops: Report

US cybersecurity firm says obscure center marks ‘decisive evolution’ as DPRK blurs lines between different threats

New AI research center supercharging North Korea’s malicious cyber ops: Report
Shreyas Reddy
Shreyas Reddy May 16, 2025
Foreigners conspicuously absent as North Korea kicks off spring trade fair
NK PRO

Foreigners conspicuously absent as North Korea kicks off spring trade fair

An in-depth analysis of a not-so-international expo, rice farming appeals, criticism of Japan’s missile plans and more

Foreigners conspicuously absent as North Korea kicks off spring trade fair
Seung-Yeon Chung
Seung-Yeon Chung May 16, 2025
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