Tag: imports
China imports flow to North Korea through strategic border points
North Korea has recently stepped up imports of various supplies from China. The country carefully categorizes goods as sanctioned or non-sanctioned, using different import...
N. Korean grain prices surge to near-record levels after brief dip
North Korean grain prices are climbing again after a brief lull earlier this month, according to market data.
Rice sold for 9,500 North Korean won...
N. Korea’s economic squeeze: Grain prices surge as currency collapses
North Korea's market grain prices have recently surged to all-time highs after remaining relatively stable since December, increasing the financial burden on ordinary North...
N. Korea narrows gap between official and market exchange rates
The won-to-dollar market exchange rate in North Korea has more than doubled over the past year, prompting the government to ban private foreign currency...
State-sanctioned car smuggling creates wealth divisions in N. Korean border city
State-led car smuggling has exploded in Hyesan, a border city in Ryanggang province. Wealthy individuals are rushing to invest in trading companies involved in...
N. Korean markets fall silent as merchants and customers vanish
North Korean marketplaces are experiencing a significant decline in activity. Sources indicate both customer traffic and merchant presence have notably decreased.
Recent photos obtained by...
N. Korea imports missile parts under guise of civilian trade
North Korea is importing parts and materials that are ostensibly for civilian manufacturing and research but are actually intended for the development of nuclear...
N. Korean won plunges, market prices double as economic divide deepens
Market prices in North Korea have roughly doubled since last January, according to Daily NK's latest findings.
The North Korean won has seen a dramatic...
N. Korean traders face growing losses as state inspections turn predatory
North Korean traders are reporting increasing losses of goods during state inspections of unofficial trade, Daily NK has learned.
"Traders in Hyesan who import from...
Market shock as North Korean won-dollar rate breaks records
North Korea's market exchange rates have soared to unprecedented levels. After stabilizing for two months following a peak in early September, the US dollar...
