News DPRK-China trade continues to sputter, making hydropower and soap stand outNew, official Chinese trade data shows that Pyongyang made at least $1 million from electricity exports for November North Korea is still going through a COVID-19-related trade shutdown, and several indicators have suggested a near-halt to all official trade activity. Now, new data for the month of November shows an overall drop in China-DPRK trade, with a few key items propping up Pyongyang. Last month, official Chinese trade with North Korea broke record lows. That was repeated in Nov. 2020, when North Korea imported $148,000 worth of Chinese goods and exported about $1.13 million worth of items (in terms of line-item total values). That’s more than a 98% drop both ways compared to Nov. 2019. For © Korea Risk Group. All rights reserved. |