Evergreen North Korean exports to Russia increase in 2014Total trade values still low, with overall trade decreasing on the back of falling oil prices North Korean exports to neighboring Russia jumped by 32 percent and were valued at just over $10 million in 2014, according to a report by the Korea Trade Investment Promotion Agency. While the percentage increase is high, the value of the exports still lags considerably behind those to other countries. By contrast, North Korea shipped more than $109 million to India in the same year. “Even though the 32 percent growth might seem like a lot, as the total is only around $10 million, this will not have any positive or negative effect on the DPRK economy. But it does prove © Korea Risk Group. All rights reserved. |