N. Korea’s exports hit 8-year high in 2025: data

0

N. Korea's exports hit 8-year high in 2025: data

N. Korea's exports hit 8-year high in 2025: data

N. Korea's exports hit 8-year high in 2025: data

North Korea’s exports rose to an eight-year high in 2025, data showed Tuesday. This 2018 photo shows employees working at a silk factory in Pyongyang. File Photo by How Hwee Young/EPA

North Korea’s exports rose sharply to an eight-year high in 2025 as the country’s trade continued to recover from the COVID-19 pandemic, data showed Tuesday.

North Korea exported US$468.59 million worth of goods in 2025, up 30 percent from a year earlier, according to the data from the Korea Trade-Investment Promotion Agency (KOTRA).

The figure marked the highest level since 2017, when the country’s goods exports reached US$1.77 billion.

The reclusive country’s exports have steadily increased in recent years after plunging in 2020 due to the global outbreak.

Its imports totaled $2.66 billion, up 13.9 percent from a year earlier, resulting in a trade deficit of $2.19 billion.

China was North Korea’s biggest trade partner, accounting for 98.2 percent of its total trade.

North Korea’s trade deficit with China rose 11.9 percent to US$2.19 billion last year.

Prepared feathers and down, minerals, steel, mineral fuels, and watches and watch parts were North Korea’s major export items, the latest KOTRA data showed.

Copyright (c) Yonhap News Agency prohibits its content from being redistributed or reprinted without consent, and forbids the content from being learned and used by artificial intelligence systems.

Source

Leave A Reply

Your email address will not be published.