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Economy

Information related to the North Korea economic sector

Kim Jong Un wants to gift fancy new ‘terrace’ flats to teachers and scientists

Kim Jong Un wants to gift fancy new ‘terrace’ flats to teachers and scientists

The North Korean leader recently inspected housing development plans and prototype passenger buses, state media says

Kim Jong Un wants to gift fancy new ‘terrace’ flats to teachers and scientists
Colin Zwirko
Colin Zwirko March 25, 2021
Two years past deadline, major North Korean beach resort inches towards opening
NK PRO

Two years past deadline, major North Korean beach resort inches towards opening

Construction worker camps were removed and trucks moved around the sprawling beach resort, satellite imagery shows

Two years past deadline, major North Korean beach resort inches towards opening
Colin Zwirko
Colin Zwirko March 25, 2021
North Korea kicks off plan to build 10,000 ‘modern flats’ in Pyongyang this year

North Korea kicks off plan to build 10,000 ‘modern flats’ in Pyongyang this year

Kim Jong Un said the project will fix the “housing problem” in the capital city “once and for all”

North Korea kicks off plan to build 10,000 ‘modern flats’ in Pyongyang this year
Colin Zwirko
Colin Zwirko March 23, 2021
North Korea-China trade further plummets in the second year of COVID-19
NK PRO

North Korea-China trade further plummets in the second year of COVID-19

China only exported electricity to the DPRK in Feb. 2021, with total trade values sliding under a mere $2 million

North Korea-China trade further plummets in the second year of COVID-19
Min Chao Choy
Min Chao Choy March 22, 2021
North Korea imports only $32,000 worth of Chinese goods amid deep trade slump
NK PRO

North Korea imports only $32,000 worth of Chinese goods amid deep trade slump

Chinese exports to the DPRK hit a record low since at least 2017, according to new numbers from January and February

North Korea imports only $32,000 worth of Chinese goods amid deep trade slump
Min Chao Choy
Min Chao Choy March 19, 2021
North Korea’s new China ambassador may boost economic cooperation to new heights
NK PRO

North Korea’s new China ambassador may boost economic cooperation to new heights

Diplomat Ri Ryong Nam was appointed around the same time as a series of reports on increased China-DPRK cooperation

North Korea’s new China ambassador may boost economic cooperation to new heights
John Petrushka
John Petrushka March 18, 2021
China’s new domestic vaccine mandate could devastate future North Korea travel

China’s new domestic vaccine mandate could devastate future North Korea travel

Beijing announced that visa applicants will have to be inoculated with a Chinese-made vaccine

China’s new domestic vaccine mandate could devastate future North Korea travel
Chad O'Carroll
Chad O'Carroll March 18, 2021
Energy plant powering North Korea’s capital city in a state of ‘dire disrepair’
NK PRO

Energy plant powering North Korea’s capital city in a state of ‘dire disrepair’

One of North Korea’s biggest energy sites is nearing its end while another remains under construction, new report says

Energy plant powering North Korea’s capital city in a state of ‘dire disrepair’
Min Chao Choy
Min Chao Choy March 17, 2021
Sluggish progress on key construction despite rare visits by DPRK leader
NK PRO

Sluggish progress on key construction despite rare visits by DPRK leader

Homes built after storm may have stalled work on Kim’s favored chicken farm 

Sluggish progress on key construction despite rare visits by DPRK leader
Colin Zwirko
Colin Zwirko March 12, 2021
North Korean shipping rises in early March, hinting at loosened quarantine rules
NK PRO

North Korean shipping rises in early March, hinting at loosened quarantine rules

13 ships made significant voyages, with old identities resurfacing after years off-grid

North Korean shipping rises in early March, hinting at loosened quarantine rules
Min Chao Choy
Min Chao Choy March 12, 2021