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27 September 2024
Kunal
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Key Indicators
Overview
North Korea Export Trade Overview
Introduction:
North Korea's export sectors, though shrouded in opacity due to its closed-off economy, play a crucial role in supporting its economic stability. Key sectors include minerals, metallurgical products, and agricultural products, providing specific opportunities for global importers interested in these commodities.
Economic Overview:
North Korea's economy is largely driven by state-controlled activities, with major industries including military products, mining (particularly coal and minerals), and agriculture. While the exact GDP ranking is difficult to determine due to lack of data, exports are a vital source of revenue, particularly from minerals and textiles.
Political and Regulatory Environment:
The political regime in North Korea significantly influences its export policies, which are impacted by international sanctions and its isolated stance. Recent developments in diplomatic relations may affect trade agreements and export dynamics, albeit unpredictably.
Opportunities and Challenges for Importers:
Opportunities exist in sourcing unique mineral and agricultural products for which North Korea has established markets, particularly in China and Russia. Challenges for importers include navigating international sanctions, logistical issues, and the high risk associated with political instability.
Top 10 Export Products:
- Coal (HS code: 2701) - Major energy export.
- Clothing (HS code: 6203) - Textile exports.
- Iron ore (HS code: 2601) - Base for steelmaking.
- Seafood (HS code: 0303) - Especially shellfish.
- Wigs (HS code: 6704) - Non-trivial export item.
- Silver (HS code: 7106) - Minor but valuable export.
- Artwork and antiques (HS code: 9706) - Cultural exports.
- Mushrooms (HS code: 0709) - Agricultural produce.
- Electrical equipment (HS code: 8517) - Limited tech exports.
- Armaments (HS code: 9301) - Controversial exports.
Top Suppliers:
SYSCALL TTWORKS CO LTD, DAIHAN SCIENTIFIC INTERNATIONAL INC, TENERGY CO LTD
Solution for Global Importers:
Importers should approach trade with North Korea with caution, utilizing tools like Volza’s online export data to navigate this complex market. Volza can offer insights into North Korea’s trade patterns, helping to identify viable opportunities while managing risk effectively.
Export Database - Factsheet
Data Source- Detailed Mirror data
- Data Available From
- 01, Jan, 2019
Data Coverage- 40%
Last Shipment- 05, Aug, 2024
Source : Volza Export Data
North Korea
Export Data
Export Data
76,958 Bill of Ladings, 2,226 Buyers & 4,990 Suppliers
Import
vs
Export
Jan-Dec 2023
Shipments
Data Source: VolzaExport Data
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Search Import Export Data
Reach out to the North Korea Export market Identify verified and active business partners in North Korea
North Korea Export Data
Product | Exporters | Buyers | Arrival Date |
|---|---|---|---|
ORDINARY PORTLAND CEMENT IN BULK TO CONFORM W , ITH ASTM C150-09 TYPE I-II LOW ALKALI |   USA | USA | 10-04-2024 |
1ML9A SEROPHELOGICALAB PIPETTE B1 (2024 11th 108 12 17 2014 39 2024 5 NOT IN THE SCOPE OF THE NOTIFICATION .) (NOT WOVEN CANVAS ) [18110099232013015773484 ]PACIFIER FOR BABIES ,BOTTLE , NOT A NUTRITION AND CARE PRODUCT . | Turkey | Turkey | 02-04-2024 |
1ML9A SEROPHELOGICALAB PIPETTE B1 (2024 11th 108 12 17 2014 39 2024 5 NOT IN THE SCOPE OF THE NOTIFICATION .) (NOT WOVEN CANVAS ) [18110099232013015773484 ]PACIFIER FOR BABIES ,BOTTLE , NOT A NUTRITION AND CARE PRODUCT . | Turkey | Turkey | 02-04-2024 |
1ML9A SEROPHELOGICALAB PIPETTE B1 (2024 11th 108 12 17 2014 39 2024 5 NOT IN THE SCOPE OF THE NOTIFICATION .) (NOT WOVEN CANVAS ) [18110099232013015773484 ]PACIFIER FOR BABIES ,BOTTLE , NOT A NUTRITION AND CARE PRODUCT . | Turkey | Turkey | 02-04-2024 |
1ML9A SEROPHELOGICALAB PIPETTE B1 (2024 11th 108 12 17 2014 39 2024 5 NOT IN THE SCOPE OF THE NOTIFICATION .) (NOT WOVEN CANVAS ) [18110099232013015773484 ]PACIFIER FOR BABIES ,BOTTLE , NOT A NUTRITION AND CARE PRODUCT . | Turkey | Turkey | 02-04-2024 |
1ML9A SEROPHELOGICALAB PIPETTE B1 (2024 11th 108 12 17 2014 39 2024 5 NOT IN THE SCOPE OF THE NOTIFICATION .) (NOT WOVEN CANVAS ) [18110099232013015773484 ]PACIFIER FOR BABIES ,BOTTLE , NOT A NUTRITION AND CARE PRODUCT . | Turkey | Turkey | 02-04-2024 |
Top 10 Exporters
North Korea Top 10 Exporters
Within our Volza database, we possess comprehensive information about over 10 active exporters in North Korea. To assist you in identifying the leading exporters in North Korea, Volza offers an advanced feature that analyzes billions of shipping invoices using more than 20 parameters. Noteworthy among the top 10 exporters in North Korea are companies like SEAH STEEL, HYUNDAI STEEL COMPANY , and ORIENT INC. These key players are featured prominently within our extensive database. For a more comprehensive overview, please refer to our table, which outlines the top 10 exporters, and explore the additional resources provided below.
North Korea Top 10 Exporters
| Rank | Exporters | Shipments |
|---|---|---|
1 | 2,796 | |
2 | 2,552 | |
3 | 2,454 | |
4 | 2,335 | |
5 | 2,186 | |
6 | 1,884 | |
7 | 1,530 | |
8 | 880 | |
9 | 824 | |
10 | 800 |
Data Source : Volza Export Data
Top 0 Export Products
North Korea Top 0 Export Products
As the North Korea export data reveals, the nation's top export products for 2024 were prominently characterized by:
North Korea Top 0 Export Products
| Rank | Export Products | Shipments |
|---|
Data Source : Volza Export Data
Trading Partners
Top Trading Partners of North Korea
Import Trading Partners
Export Trading Partners
Top 9 Export Trading Partners
North Korea Top 9 Export Trading Partners
North Korea trade data from 2024 highlights the nation's top 9 export partners as follows: UNITED STATES (USD 22,101), ARGENTINA (USD 10,328) and the CHINA (USD 9,182).
The growth rates for the leading three exporters were as follows: United States at 28.72% , Argentina at 13.42% and China11.93%.
Trade balance analysis reveals that North Korea had a trade deficit with both Iran and China. Specifically, the deficit amounted to USD 300 million with Iran and USD 150 million with China in that year. North Korea export statistics show that the country's top 9 export partners in 2024 collectively contributed 87.2% to the overall value of export shipments. Furthermore, North Korea’s major exports from United States include products. The provided chart below breaks down the values in percentile of North Korea’s top 9 export partners for 2024.
Export Data Sample record
North Korea Export Data Sample record
North Korea export data covers all important shipping details that are essential for businesses to find exporters in North Korea, analyze market trends and identify potential industries. North Korea trade data contains customs-based details including Date, Exporter Name, HS Code, HS Code Description, Commercial Description, Gross Weight, Net Weight, Total Value USD and Origin Country. View North Korea export data sample with complete number of fields available in data.
North Korea Export Data Sample record
Wine of fresh grapes, including fortified wines; grape must other than that of heading 2009
- Date:
- 10 Apr 2024
- HS Code:
- 0000
- Quantity:
- 1
- Quantity Unit:
- BLK
- Value FC:
- Value:
- 1
- HS Descirption:
- Exporter:
- TAIHEIYO CEMENT CORPORATION
- Importer:
- GLACIER NORTHWEST INC
Data Source : Volza Export Data
North Korea Export Fields
S.No | Data Fields |
|---|---|
1 | |
2 | |
3 | |
4 | |
5 | |
6 | |
7 | |
8 | |
9 |
Total 72 Fields
Data Source : Volza Export Data
Top 7 Export Ports
North Korea Top 7 Export Ports
North Korea's global export trade operates through over 7 ports. Pohang stands as the predominant port, handling 3,793 export shipments, which constitutes a 17.17% market share. O P Vietnam follows with an 17.15% share, accounting for 3,789 shipments, while Ulsan contributes a 15.51% market share with its 3,426 shipments. For detailed export trade statistics of each port in North Korea, refer to the provided links below. Collectively, these ports underscore the integrated nature of North Korea's trade infrastructure. As the trade data indicates, these crucial export ports facilitate the consistent delivery of essential goods across North Korea.
North Korea Top 7 Export Ports
| Rank | Exporters | Count |
|---|---|---|
1 | Pohang | 3,793 |
2 | O P Vietnam | 3,789 |
3 | Ulsan | 3,426 |
4 | Kwangyang | 3,208 |
5 | Pyeongtaek | 2,895 |
6 | Pusan | 2,500 |
7 | Masan | 2,481 |
Data Source : Volza Export Data
Export Bill of Lading
- Export Shipments of North Korea
- 76,958
- Date
- 10-04-2024
- Product Description
- ORDINARY PORTLAND CEMENT IN BULK TO CONFORM W , ITH ASTM C150-09 TYPE I-II LOW ALKALI
- Shipper Name
- TAIHEIYO CEMENT CORPORATION
- Consignee Name
- GLACIER NORTHWEST INC
- Notify Party Name
- GLACIER NORTHWEST INC.
- Weight Unit
- BLK
- Quantity
- 1
- Shipment Origin
- USA
- Port of origin
- Portland