Economy | NK News
July 18, 2024

Economy

Information related to the North Korea economic sector

North Korean exports to China rise in June after a steep COVID-19 crash
NK PRO

North Korean exports to China rise in June after a steep COVID-19 crash

Reported trade rose to over $9 million, marking half of the pre-pandemic average and the best month of 2020 yet

North Korean exports to China rise in June after a steep COVID-19 crash
Min Chao Choy
Min Chao Choy July 30, 2020
Work on Pyongyang central square continues ahead of military parade, photos show
NK PRO

Work on Pyongyang central square continues ahead of military parade, photos show

Renovations to leader's viewing platform and foreign ministry visible in recent photos taken from Kim Il Sung Square

Work on Pyongyang central square continues ahead of military parade, photos show
Colin Zwirko
Colin Zwirko July 29, 2020
The strange reason North Korean email addresses are designed to fail

The strange reason North Korean email addresses are designed to fail

North Korean factories and service providers increasingly embrace the web, but emails remain a major business setback

The strange reason North Korean email addresses are designed to fail
Chad O'Carroll
Chad O'Carroll July 28, 2020
China steps closer to opening bridge meant to boost trade with North Korea
NK PRO

China steps closer to opening bridge meant to boost trade with North Korea

The cross-border road bridge was completed late last year, but has yet to open or facilitate trade

China steps closer to opening bridge meant to boost trade with North Korea
Colin Zwirko
Colin Zwirko July 27, 2020
Chinese food exports to North Korea exceed pre-COVID levels, luxury foods absent
NK PRO

Chinese food exports to North Korea exceed pre-COVID levels, luxury foods absent

While China increased exports to 500 items in June, no fresh fruit, meat or elite treats were among the 40 food products

Chinese food exports to North Korea exceed pre-COVID levels, luxury foods absent
Min Chao Choy
Min Chao Choy July 27, 2020
North Korean insurance company data gives unprecedented peek into DPRK economy
NK PRO

North Korean insurance company data gives unprecedented peek into DPRK economy

National insurer is facing growing competition from new, small companies

North Korean insurance company data gives unprecedented peek into DPRK economy
Martin Weiser
Martin Weiser July 24, 2020
Kim’s construction project woes reflect his poor economic planning
COLUMN

Kim’s construction project woes reflect his poor economic planning

The Supreme Leader is now scapegoating others for failing to meet his latest hospital project's unrealistic deadlines

Kim’s construction project woes reflect his poor economic planning
Aidan Foster-Carter
Aidan Foster-Carter July 24, 2020
Kim Yo Jong left doors open for talks with US, unification minister nominee says

Kim Yo Jong left doors open for talks with US, unification minister nominee says

While foreseeing impasse will go on until U.S. presidential election, Lee says he "won't hesitate" to meet Kim Jong Un

Kim Yo Jong left doors open for talks with US, unification minister nominee says
Jeongmin Kim
Jeongmin Kim July 23, 2020
Tour operators believe North Korea won’t open until sometime in 2021

Tour operators believe North Korea won’t open until sometime in 2021

Practitioners from the travel industry speculate that the border could reopen sometime between 2021 and 2022

Tour operators believe North Korea won’t open until sometime in 2021
Chad O'Carroll
Chad O'Carroll July 22, 2020
Kim Jong Un inspects new chicken farm construction, calls older ones ‘backwards’

Kim Jong Un inspects new chicken farm construction, calls older ones ‘backwards’

Kwangchon Chicken Farm is only the second economic site to see a public visit from Kim this year

Kim Jong Un inspects new chicken farm construction, calls older ones ‘backwards’
Colin Zwirko
Colin Zwirko July 22, 2020