Trade Volume between China and the DPRK Reached 1.9 Billion USD from January to May

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Trade Volume between China and the DPRK Reached 1.9 Billion USD from January to May

  • 저자

    NK Briefs(IFES)
  • 발간일

    2011-08-18
  • 조회수

    1,290
요약 내용

The DPRK-China trade volume reached 1.96 billion USD (812 million USD in export and 1.148 billion USD in import) thus far this year from January to May. This is double the amount from the same period last year.
Trade dependence with China intensified in which exports increased 217 percent while imports rose 58 percent.
Out of the total import of 1.148 billion USD, food imports such as rice and corn only reached 4 percent at 46 million USD. The volume of imports is comparable to the same period of last year, with a slight boost from 113,000 ton to 119,000 ton.
Despite the acclaimed food crisis, agricultural exports drastically increased. Exports consisting of frozen fish (cod), shellfish (crabs), and mollusks (squid) increased 60 percent at 16.5 million USD. In comparison, exports of dried fruits and nuts along with sesame seed and potato starch swelled 460 percent at 13.5 million USD.

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