Entrance to the Quanhe customs checkpoint in Hunchun, Jilin province, China

Private traders still control goods distribution after passing through customs

North Korea has consolidated its foreign trade under officially licensed trading companies, sidelining independent traders from the import process. But once goods clear customs,...
Women carrying shopping bags leave a local industrial factory store in Songchon county, North Korea

North Korea turns to China for printing and packaging technology

North Korea is working to acquire printing equipment and packaging technology from China. Authorities want to improve the quality of product packaging, labels and...
Rear wheel of a North Korean electric bicycle fitted with a shock absorber for load-bearing modifications

Battery demand surges in North Korea as customs clearance opens

North Korean trading companies are placing sharply higher orders for batteries now that customs clearance has opened between China and North Korea, but strict...
phones, merchant, market, capitalist, markets, yuan

In North Korea, a Chinese phone now costs as much as a house

Chinese phone prices have surged along North Korea's border with China this year. Intensifying crackdowns and a halt in state-led smuggling have sharply reduced...

N. Korea tightens vetting for overseas workers, demands verified contacts

North Korean authorities are requiring organizations seeking to deploy overseas workers to submit contracts bearing the actual seals of foreign business partners, then granting...
Apartment buildings in Hyesan, the capital of Ryanggang province, North Korea, photographed in August 2018.

North Korea’s rice prices fall for the first time in two months

North Korean market prices are showing signs of cooling in 2026. The price of domestically grown rice fell for the first time in more...
A vendor sits at a street stall selling Gangseo mineral water in Pyongyang, North Korea

North Korean neighborhoods see rise of privately run makeshift stalls

Small, privately funded stalls are springing up on street corners across North Korea, giving people a convenient alternative to official markets for everyday purchases. A...
Entrance to the Quanhe customs checkpoint in Hunchun, Jilin province, China

New customs route opens for cars in North Korea, but brokers stay cool

North Korea has begun allowing new cars to be imported from China through official customs channels, but few brokers are eager to take advantage...

Cheap North Korean coal keeps flowing into China despite U.N. ban

North Korea's mineral exports to China have recently increased, as Beijing appears to be enforcing sanctions on the North less strictly amid warming ties...
pay, wages

As won crashes, rural North Koreans rush to buy dollars

A growing number of people in rural North Korea are converting their spare cash into U.S. dollars or Chinese yuan, as fears grow that...

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