Economy
Information related to the North Korea economic sector
Kim Jong Un appears to import luxury Maybach, Lexus SUVs despite sanctions
Analysis of state media shows vehicle priced at upwards of $175K in North Korean leader’s entourage during recent event
November 28, 2023
Reopening in slow motion: The growing risks of North Korea’s two-tiered scheme
DPRK is playing favorites with Russia and China, suggesting full return of diplomats and tourists could be long way off
November 27, 2023
Infamous North Korean ferry returns home after month of maintenance near Russia
Mangyongbong-92 docks in Wonsan after rare trip to DPRK’s Rason sparked speculation it could operate on routes to Russia
November 27, 2023
Kim Jong Un visits machine factory on east coast, votes in local election
State media says North Korean leader lauds self-reliance while casting ballot in local elections in Hamhung
November 27, 2023
North Korean insurance firm planning entry to Russian market, association says
Russian insurers call move ‘promising,’ though expert raises doubts that reinsurer could pay out in case of incident
November 23, 2023
North Korean rice imports from China drop amid alleged arms trade with Russia
Expert says Moscow may be sending more food staples in exchange for weapons, as wigs again top DPRK exports
November 21, 2023
North Korea-China trade slumps in October but remains far above pandemic lows
Chinese data shows slight decline in exports and imports, while Russia-DPRK trade reportedly sits at just $28M for year
November 20, 2023
Russia, North Korea discuss exploration of gold and rare earth metals: Moscow
Two sides also reportedly held talks on food trade and other cooperation, as Russian delegation departs Pyongyang
November 17, 2023
Chinese law firm to open first office in North Korea despite sanctions concerns
Jingsh say it will support foreign investment and acquisitions, years after UN sanctions drove out other law firms
November 16, 2023
The growing evidence of North Korean weapons trade with Russia – Ep. 315
The NK News team discusses Pyongyang’s ties with Moscow, overseas IT workers, boat defections and more
November 15, 2023
