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November 19, 2024

Economy

Information related to the North Korea economic sector

North Korea appears to blow past oil cap using illicit transfers at sea: Report
NK PRO

North Korea appears to blow past oil cap using illicit transfers at sea: Report

Information provided to UN Panel of Experts suggests DPRK likely exceeded 500,000 barrel limit in first five months

North Korea appears to blow past oil cap using illicit transfers at sea: Report
Anton Sokolin
Anton Sokolin November 1, 2023
What to make of North Korea’s closure of multiple embassies overseas
NK PRO

What to make of North Korea’s closure of multiple embassies overseas

Weak economy and sanctions likely driving shakeup, with broad implications for diplomacy, humanitarian aid and more

What to make of North Korea’s closure of multiple embassies overseas
Chad O'Carroll
Chad O'Carroll November 1, 2023
UN report warns of persistent threats from North Korean cybercrime and espionage

UN report warns of persistent threats from North Korean cybercrime and espionage

Panel of Experts outlines activity by DPRK threat groups, but expert says report offers only ‘generic’ recommendations

UN report warns of persistent threats from North Korean cybercrime and espionage
Shreyas Reddy
Shreyas Reddy October 31, 2023
North Korea shuts down Angola embassy as diplomatic closures widen

North Korea shuts down Angola embassy as diplomatic closures widen

Move follows closure of Uganda embassy and as media report DPRK to shutter over a dozen missions due to financial issues

North Korea shuts down Angola embassy as diplomatic closures widen
Chad O'Carroll
Chad O'Carroll | Joe Smith October 30, 2023
Declining Chinese border town eyes North Korean workers for economic revival
NK PRO

Declining Chinese border town eyes North Korean workers for economic revival

New industrial park in Kaishantun is far from population centers, suggesting plan to use DPRK workers for cheap labor

Declining Chinese border town eyes North Korean workers for economic revival
Colin Zwirko
Colin Zwirko October 30, 2023
What North Korea can learn from China’s successful agricultural reforms
NK PRO

What North Korea can learn from China’s successful agricultural reforms

DPRK is unlikely to embrace privatization, but China’s experience with co-ops of smaller farmers could serve as a guide

What North Korea can learn from China’s successful agricultural reforms
Peter Ward
Peter Ward October 27, 2023
North Korea to raise tourism prices, move to dollar payments: Tour company

North Korea to raise tourism prices, move to dollar payments: Tour company

Expert warns move away from euros could result in sanctions violation by foreign visitors to DPRK

North Korea to raise tourism prices, move to dollar payments: Tour company
Chad O'Carroll
Chad O'Carroll | Joe Smith October 26, 2023
State media review: North Korea promotes new smartphones at local trade shows
NK PRO

State media review: North Korea promotes new smartphones at local trade shows

An in-depth analysis of cell phone industry revival, claims of good harvest, criticism of US weapons in Ukraine and more

State media review: North Korea promotes new smartphones at local trade shows
Imports of food and hair for wigs drive 4-year high in North Korea-China trade
NK PRO

Imports of food and hair for wigs drive 4-year high in North Korea-China trade

Surge in wheat purchases points to effort to diversify diets, while imports of sanctioned goods increase 19-fold

Imports of food and hair for wigs drive 4-year high in North Korea-China trade
Anton Sokolin
Anton Sokolin October 20, 2023
North Korean leader Kim Jong Un meets Russia’s top diplomat in Pyongyang

North Korean leader Kim Jong Un meets Russia’s top diplomat in Pyongyang

Sergei Lavrov said he discussed intensifying political and economic ties with his DPRK counterpart Choe Son Hui

North Korean leader Kim Jong Un meets Russia’s top diplomat in Pyongyang
Anton Sokolin
Anton Sokolin October 19, 2023
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