North Korea
Compare North Korea →Dem. People's Rep. of Korea · KP · PRK · BACI 408 · latest data 2024
Exports
= $410 M3.8% over 5 yrs (down)
Imports
= $1,926 M39.3% over 5 yrs (down)
Trade balancedeficit
= −$1,517 M
Total trade
= $2,336 M35.1% over 5 yrs (down)
- World position
- #170 of 225 exporters · bottom half · #163 of 225 importers · bottom half · 2024
- World export share since 1995
- −0.0 pp
Trade timeline
North Korea's exports fell from $912M in 1995 to $410M in 2024; the 2024 balance was −$1.5B.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $912 M | $1,191 M | −$279 M | $2,103 M |
| 1996 | $904 M | $1,216 M | −$312 M | $2,120 M |
| 1997 | $1,317 M | $1,296 M | $20 M | $2,613 M |
| 1998 | $967 M | $1,048 M | −$81 M | $2,015 M |
| 1999 | $915 M | $1,120 M | −$205 M | $2,035 M |
| 2000 | $1,118 M | $1,646 M | −$528 M | $2,765 M |
| 2001 | $967 M | $2,894 M | −$1,928 M | $3,861 M |
| 2002 | $981 M | $1,757 M | −$775 M | $2,738 M |
| 2003 | $972 M | $1,577 M | −$605 M | $2,548 M |
| 2004 | $1,276 M | $2,106 M | −$831 M | $3,382 M |
| 2005 | $1,886 M | $2,350 M | −$464 M | $4,236 M |
| 2006 | $1,820 M | $2,643 M | −$824 M | $4,463 M |
| 2007 | $2,706 M | $3,060 M | −$354 M | $5,766 M |
| 2008 | $2,161 M | $4,252 M | −$2,091 M | $6,413 M |
| 2009 | $1,477 M | $2,909 M | −$1,432 M | $4,386 M |
| 2010 | $2,041 M | $3,581 M | −$1,541 M | $5,622 M |
| 2011 | $3,425 M | $3,822 M | −$398 M | $7,247 M |
| 2012 | $3,184 M | $4,214 M | −$1,030 M | $7,398 M |
| 2013 | $3,604 M | $4,444 M | −$839 M | $8,048 M |
| 2014 | $4,004 M | $4,097 M | −$93 M | $8,101 M |
| 2015 | $2,996 M | $3,765 M | −$769 M | $6,761 M |
| 2016 | $3,388 M | $3,312 M | $77 M | $6,700 M |
| 2017 | $1,908 M | $3,515 M | −$1,607 M | $5,423 M |
| 2018 | $346 M | $2,511 M | −$2,165 M | $2,857 M |
| 2019 | $426 M | $3,172 M | −$2,746 M | $3,597 M |
| 2020 | $227 M | $942 M | −$715 M | $1,169 M |
| 2021 | $256 M | $653 M | −$398 M | $909 M |
| 2022 | $346 M | $1,263 M | −$917 M | $1,610 M |
| 2023 | $397 M | $2,073 M | −$1,676 M | $2,469 M |
| 2024 | $410 M | $1,926 M | −$1,517 M | $2,336 M |
Trading partners
China was North Korea's top trading partner in 2024, at 92.2% of total trade; the top five partners covered 97.5%.
- Top partner share
- 92.2%
- Top-5 share
- 97.5%
- Partners
- 73
- Partner HHI (0–1)
- 0.852
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | China | $337 M | $1,816 M | $2,154 M | −$1,479 M |
| #2 | Trinidad & Tobago | $2 M | $93 M | $94 M | −$91 M |
| #3 | Togo | $6 M | $6 M | $12 M | $0 M |
| #4 | Poland | $10 M | $0 M | $10 M | $9 M |
| #5 | Austria | $7 M | $0 M | $7 M | $6 M |
| #6 | India | $4 M | $2 M | $6 M | $2 M |
| #7 | Zimbabwe | $4 M | $0 M | $4 M | $4 M |
| #8 | Suriname | $4 M | $0 M | $4 M | $4 M |
| #9 | Nigeria | $2 M | $2 M | $4 M | −$0 M |
| #10 | Luxembourg | $3 M | $0 M | $3 M | $3 M |
| #11 | Spain | $3 M | $0 M | $3 M | $3 M |
| #12 | Indonesia | $3 M | $0 M | $3 M | $3 M |
| #13 | Angola | $3 M | $0 M | $3 M | $3 M |
| #14 | Uganda | $1 M | $2 M | $2 M | −$1 M |
| #15 | Netherlands | $0 M | $2 M | $2 M | −$2 M |
Products & sectors
Product composition of North Korea's trade in 2024.
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The product table loads with the product data for 2024.
Concentration & risk
North Korea's export partners concentrated over 1995–2024 — HHI 0.203 → 0.680, a concentrated export base across 69 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.203 | 0.205 | 89 | 61 |
| 1996 | 0.140 | 0.204 | 100 | 73 |
| 1997 | 0.126 | 0.201 | 104 | 74 |
| 1998 | 0.093 | 0.157 | 113 | 78 |
| 1999 | 0.106 | 0.124 | 122 | 75 |
| 2000 | 0.100 | 0.113 | 126 | 89 |
| 2001 | 0.106 | 0.191 | 127 | 90 |
| 2002 | 0.149 | 0.116 | 126 | 94 |
| 2003 | 0.209 | 0.193 | 127 | 90 |
| 2004 | 0.239 | 0.182 | 128 | 96 |
| 2005 | 0.174 | 0.236 | 134 | 95 |
| 2006 | 0.149 | 0.238 | 135 | 91 |
| 2007 | 0.210 | 0.264 | 136 | 93 |
| 2008 | 0.144 | 0.301 | 136 | 94 |
| 2009 | 0.291 | 0.437 | 134 | 96 |
| 2010 | 0.352 | 0.429 | 133 | 94 |
| 2011 | 0.529 | 0.689 | 132 | 92 |
| 2012 | 0.620 | 0.707 | 133 | 93 |
| 2013 | 0.662 | 0.672 | 137 | 95 |
| 2014 | 0.534 | 0.740 | 132 | 89 |
| 2015 | 0.694 | 0.619 | 132 | 98 |
| 2016 | 0.555 | 0.739 | 130 | 99 |
| 2017 | 0.760 | 0.854 | 131 | 88 |
| 2018 | 0.324 | 0.785 | 116 | 79 |
| 2019 | 0.261 | 0.676 | 117 | 69 |
| 2020 | 0.106 | 0.439 | 110 | 60 |
| 2021 | 0.115 | 0.486 | 108 | 48 |
| 2022 | 0.197 | 0.579 | 95 | 45 |
| 2023 | 0.546 | 0.934 | 82 | 37 |
| 2024 | 0.680 | 0.892 | 69 | 31 |
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