North Korea capped off last year with its strongest quarter of trade with China since 2019, customs data shows, signaling less anxiety about inbound goods despite mass COVID-19 caseloads just across the country’s northern border.
According to China’s General Administration of Customs (GAC), North Korea imported roughly $120 million worth of goods from China in Dec. 2022, while exports remained around $20 million. The figures put the country’s fourth-quarter trade volume at $370 million, or nearly 100 times higher than the same period in 2020 when the pandemic gripped the global economy.
North Korea capped off last year with its strongest quarter of trade with China since 2019, customs data shows, signaling less anxiety about inbound goods despite mass COVID-19 caseloads just across the country’s northern border.
According to China’s General Administration of Customs (GAC), North Korea imported roughly $120 million worth of goods from China in Dec. 2022, while exports remained around $20 million. The figures put the country’s fourth-quarter trade volume at $370 million, or nearly 100 times higher than the same period in 2020 when the pandemic gripped the global economy.
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