Economy | NK News
NK News Logo
January 11, 2025

Economy

Information related to the North Korea economic sector

Singaporean implicated in luxury exports has longtime North Korea connections

Singaporean implicated in luxury exports has longtime North Korea connections

Jordan Cheang owned Benata Business Centre and supermarkets, prior interviews show

Singaporean implicated in luxury exports has longtime North Korea connections
Chad O'Carroll
Chad O'Carroll | Min Chao Choy April 29, 2020
Amid Kim Jong Un health concerns, calm in both Dandong and Pyongyang

Amid Kim Jong Un health concerns, calm in both Dandong and Pyongyang

Despite COVID-19 restrictions, two trucks spotted crossing from DPRK to PRC at Dandong

Amid Kim Jong Un health concerns, calm in both Dandong and Pyongyang
Chad O'Carroll
Chad O'Carroll April 24, 2020
North Koreans “panic buying” at Pyongyang shops, sources say

North Koreans “panic buying” at Pyongyang shops, sources say

Some sources don't connect recent surge in demand to Kim Jong Un health rumors, however

North Koreans “panic buying” at Pyongyang shops, sources say
Chad O'Carroll
Chad O'Carroll April 22, 2020
North Korea experiencing economic hardship, “lagging behind”: state media

North Korea experiencing economic hardship, “lagging behind”: state media

Cabinet newspaper also warns against taking aid from "blabbering" imperialists

North Korea experiencing economic hardship, “lagging behind”: state media
Jeongmin Kim
Jeongmin Kim April 22, 2020
After UN worker ban took effect, Russia granted 753 work visas to North Koreans
NK PRO

After UN worker ban took effect, Russia granted 753 work visas to North Koreans

Data reveal flow of DPRK nationals into Russia despite UN sanctions, strict border controls during COVID-19 pandemic

After UN worker ban took effect, Russia granted 753 work visas to North Koreans
Jacob Fromer
Jacob Fromer April 21, 2020
China’s reported oil exports to North Korea plunge in early 2020: data
NK PRO

China’s reported oil exports to North Korea plunge in early 2020: data

Just 11.91 tons of refined petroleum reported in March; lowest ever recorded since UN oil sanctions took effect in 2017

China’s reported oil exports to North Korea plunge in early 2020: data
Jacob Fromer
Jacob Fromer April 20, 2020
South Korean firm repeatedly tied to North Korea-linked ship-to-ship transfers
NK PRO

South Korean firm repeatedly tied to North Korea-linked ship-to-ship transfers

ROK company implicated in encounters with DPRK-flagged and UNSC-designated vessels

South Korean firm repeatedly tied to North Korea-linked ship-to-ship transfers
North Korea’s changing economy: the view from the foreign trade sector
NK PRO

North Korea’s changing economy: the view from the foreign trade sector

Reform, retrenchment, or continuity? Open source data offers some insights

North Korea’s changing economy: the view from the foreign trade sector
Peter Ward
Peter Ward April 17, 2020
North Korea’s Wonsan-Kalma project fails to meet April 15 completion deadline

North Korea’s Wonsan-Kalma project fails to meet April 15 completion deadline

Finishing materials still being sent to marquee beach resort as construction is “pushing forward,” state outlets say

North Korea’s Wonsan-Kalma project fails to meet April 15 completion deadline
Colin Zwirko
Colin Zwirko April 17, 2020
What we can learn from North Korea’s opaque 2019 official economic figures
NK PRO

What we can learn from North Korea’s opaque 2019 official economic figures

Aside from a few cherry-picked figures, the lack of numbers suggest the DPRK economy is still struggling to grow

What we can learn from North Korea’s opaque 2019 official economic figures
Peter Ward
Peter Ward April 15, 2020