China’s exports to North Korea reached a six-month high in March, more than 398 times the sum of the last two months, China’s Customs Administration reported on April 18.
China is North Korea’s largest import and export country. China’s export surge has attracted public attention and may be a sign that the Kim Jong-un administration has relaxed border restrictions imposed earlier last year for COVID-19 while claiming zero infections. Some people say no.
February 3, COVID-19 Vaccine Global Access (COVAX) Program Announcement The AstraZeneca / Oxford vaccine made in India will be distributed to North Korea nearly 2 million times. March 2, program Said By May, 1.7 million doses will be delivered to Pyongyang.
If Kim Jong Un decides to open the border widely after receiving India’s COVID-19 vaccine, China could benefit significantly from trade.
North Korea is one of the most closed economies in the world and does not disclose trade data. The transaction is taken from the trader partner’s report.
by data North Korea, organized by the Unite Labor Union, traded with 47 countries in 2020. It had bilateral trade with some countries such as Germany, the Netherlands and India. There was unilateral trade with other countries, with exports to Myanmar of $ 14.19 million and imports from Switzerland of $ 2.68 million.
According to the database, 96.3 percent of North Korea’s imports in 2020, or $ 491.06 million, came from China. 41.4 percent of North Korea’s exports in 2020, or $ 48 million, went to China. North Korea’s trade deficit with China was $ 443.06 million.
Trade between China and North Korea may be in breach of sanctions enforced by the United Nations. January 2003, Pyongyang unilaterally Withdrawal From the UN Treaty on the Non-Proliferation of Nuclear Weapons. From 2006 to 2017, the administration conducted six nuclear weapons explosion tests.
United Nations to prevent North Korea’s development of nuclear weapons forbidden Pyongyang comes from the import of weapons, oil and gas products, and from the sale of several types of metals, seafood, coal and textiles. The United Nations has even banned North Koreans from working in other countries.
However, it remains unclear whether the products China trades with North Korea are in line with UN sanctions. The data show that a large number of North Koreans work in China.
About restaurant reservations in China website, Pyongyang restaurants are listed as open, and many Chinese netizens have left comments on North Korean dance performances.Nikkei in Japan report Approximately 50 North Korean restaurants are operating in China after the United Nations banned North Koreans from working abroad on September 28, 2017, hiring North Korean chefs, female waitress, and dancers. It was.
July 2018, some media report International cargo ships continued to transport coal from North Korea to China, Russia, South Korea and Japan, in violation of UN sanctions. March 24, New York Times report China was helping tankers deliver oil to North Korea.
Trade Cross Yar
The Yalu River separates China and North Korea. Trade across rivers is important.
China Customs Administration release March trade data on April 18 showing that China exported 83.64 million yuan ($ 12.98 million) to North Korea and imported 8.46 million yuan ($ 1.3 million) from North Korea.
The export value has increased significantly from the previous month, but the import value is about the same.
In fact, exports reached their highest point in September 2020 in China. Shipped The goods to this neighbor are 131.46 million yuan ($ 20.25 million).
2020, China export 3.45 billion yuan ($ 530 million) to North Korea. Most of them were traded in the first half of this year.Export 2019 A total of 17.765 billion yuan ($ 2.74 billion), 2018A total of 14.677 billion yuan ($ 2.26 billion).