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January 11, 2025

Economy

Information related to the North Korea economic sector

Is North Korea privatizing its housing supply? In Rason, partially, yes
NK PRO

Is North Korea privatizing its housing supply? In Rason, partially, yes

2018 regulations, now publicly-available, provide insight as to how similar rules could work in non-SEZ areas

Is North Korea privatizing its housing supply? In Rason, partially, yes
Peter Ward
Peter Ward May 26, 2020
“May 24” sanctions no longer a barrier to inter-Korean cooperation: MOU

“May 24” sanctions no longer a barrier to inter-Korean cooperation: MOU

South Korean official admits that unilateral sanctions have "lost their effect"

“May 24” sanctions no longer a barrier to inter-Korean cooperation: MOU
Chad O'Carroll
Chad O'Carroll May 20, 2020
Back to business at major North Korean port as quarantine rules relaxed
NK PRO

Back to business at major North Korean port as quarantine rules relaxed

Ships now regularly traversing Dalian-Nampho water route, data shows, with an average three-day wait at port

Back to business at major North Korean port as quarantine rules relaxed
Min Chao Choy
Min Chao Choy May 14, 2020
North Korea’s changing economy: the view from the markets
NK PRO

North Korea’s changing economy: the view from the markets

Amid a wider crackdown on private activity, it appears there is ongoing discussion on the role of markets in the country

North Korea’s changing economy: the view from the markets
Peter Ward
Peter Ward May 13, 2020
Yanggakdo football stadium undergoing major refurbishment, recent imagery shows

Yanggakdo football stadium undergoing major refurbishment, recent imagery shows

Stadium built in 1989 appears to be undergoing slow renovation process

Yanggakdo football stadium undergoing major refurbishment, recent imagery shows
Chad O'Carroll
Chad O'Carroll May 13, 2020
Pyongyang to send tourist electric carts to delayed Wonsan-Kalma resort

Pyongyang to send tourist electric carts to delayed Wonsan-Kalma resort

New vehicles reportedly domestically produced, following North Korean leader's recent appearances using Chinese models

Pyongyang to send tourist electric carts to delayed Wonsan-Kalma resort
Colin Zwirko
Colin Zwirko May 13, 2020
Millions of dollars’ worth of exports to China likely rerouted to North Korea
NK PRO

Millions of dollars’ worth of exports to China likely rerouted to North Korea

Data could reveal "serious loophole" in the global sanctions regime, official previously told NK Pro

Millions of dollars’ worth of exports to China likely rerouted to North Korea
Jacob Fromer
Jacob Fromer May 12, 2020
North Korea’s economy plagued by “absurdities,” serious challenges: state media

North Korea’s economy plagued by “absurdities,” serious challenges: state media

Rodong Sinmun hails recent reported success, however, while denouncing "economic servitude" caused by foreign aid

North Korea’s economy plagued by “absurdities,” serious challenges: state media
Jeongmin Kim
Jeongmin Kim May 12, 2020
Some North Korean exports to China resold in EU and South Korea, data suggests
NK PRO

Some North Korean exports to China resold in EU and South Korea, data suggests

Figures could represent what may be a significant and previously-unreported loophole in global sanctions regime

Some North Korean exports to China resold in EU and South Korea, data suggests
Jacob Fromer
Jacob Fromer May 11, 2020
Imagery reveals scope of Samjiyon reconstruction project’s “third stage” 
NK PRO

Imagery reveals scope of Samjiyon reconstruction project’s “third stage” 

Most villages in city limits near North Korea's symbolic Mt. Paektu seeing major demolition, reconstruction in 2020

Imagery reveals scope of Samjiyon reconstruction project’s “third stage” 
Colin Zwirko
Colin Zwirko May 8, 2020