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Economy

Information related to the North Korea economic sector

From McDonald’s to Walmart: How North Korea can reinvent its economy
Analysis

From McDonald’s to Walmart: How North Korea can reinvent its economy

Large Western retail corporations could serve as a model for Pyongyang’s centrally-planned production

From McDonald’s to Walmart: How North Korea can reinvent its economy
Peter WardPeter Ward March 10, 2021
North Korean ships resume coal smuggling as ice and restrictions thaw
News

North Korean ships resume coal smuggling as ice and restrictions thaw

Vessel movements near Nampho port’s coal yard in February indicate loosened COVID-19 measures

North Korean ships resume coal smuggling as ice and restrictions thaw
Min Chao ChoyMin Chao Choy March 9, 2021
North Korea-Russia trade plummeted by nearly 42% in 2020 — the year of COVID-19
News

North Korea-Russia trade plummeted by nearly 42% in 2020 — the year of COVID-19

New data suggests that trade between Pyongyang and Moscow suffered greater blows than previously thought

North Korea-Russia trade plummeted by nearly 42% in 2020 — the year of COVID-19
Min Chao ChoyMin Chao Choy March 5, 2021
North Korean delegation taps China for help on key chemical projects
Border Controls

North Korean delegation taps China for help on key chemical projects

A celebrated North Korean businessman met with government and company leaders in Tongchuan, China

North Korean delegation taps China for help on key chemical projects
Colin ZwirkoColin Zwirko March 5, 2021
Kim Jong Un urges officials to stop ‘bluffing’ and boost crop output
News

Kim Jong Un urges officials to stop ‘bluffing’ and boost crop output

North Korean leader reiterated fight against corruption, non-socialist acts at ongoing meeting of local-level officials 

Kim Jong Un urges officials to stop ‘bluffing’ and boost crop output
Colin ZwirkoColin Zwirko March 4, 2021
North Korean fleets spur into action after a winter of COVID-19 trade lockdowns
News

North Korean fleets spur into action after a winter of COVID-19 trade lockdowns

At least 15 North Korea-linked ships were active in late Feb. 2021, according to Automatic Identification System data

North Korean fleets spur into action after a winter of COVID-19 trade lockdowns
Min Chao ChoyMin Chao Choy March 4, 2021
Kim Jong Un pushes for ‘full-scale’ economic development across North Korea
News

Kim Jong Un pushes for ‘full-scale’ economic development across North Korea

DPRK leader orders city and county leaders to improve the local economy and increase political discipline

Kim Jong Un pushes for ‘full-scale’ economic development across North Korea
Colin ZwirkoColin Zwirko March 3, 2021
North Korea adopts ‘import disinfection’ law to boost trade amid pandemic
Border Controls

North Korea adopts ‘import disinfection’ law to boost trade amid pandemic

New laws on social security and east coast land development also passed by Supreme People’s Assembly

North Korea adopts ‘import disinfection’ law to boost trade amid pandemic
Colin ZwirkoColin Zwirko March 3, 2021
North Korea in Feb. 2021: A month in review and what’s ahead
Month in Review

North Korea in Feb. 2021: A month in review and what’s ahead

An analytical look at the main developments from Feb. 1, 2021 to Feb. 28, 2021

North Korea in Feb. 2021: A month in review and what’s ahead
NK ProNK Pro March 3, 2021
North Korea replaces iconic newspaper stands with interactive touchscreen
News

North Korea replaces iconic newspaper stands with interactive touchscreen

North Koreans can now digitally read news as they wait for the train at one metro station in Pyongyang

North Korea replaces iconic newspaper stands with interactive touchscreen
Colin ZwirkoColin Zwirko March 3, 2021
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