Tag: imports
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...
N. Korea launches major crackdown on Chinese phones along border
North Korean authorities have initiated a major crackdown on Chinese phone users in North Hamgyong province, deploying state security teams to Hoeryong to enforce...
N. Korean youth drive demand for smuggled Chinese coats
Chinese-made padded coats are selling rapidly in markets in Hyesan, according to a source in Ryanggang province recently.
The source said that Chinese winter coats...
North Korea skirts Chinese customs fees through remote border crossings
North Korea is importing large volumes of Chinese construction materials, with more than 50 cargo trucks crossing the border daily from Dandong to Sinuiju....
Secret shipments: N. Korea’s hidden flood relief efforts in Jagang province
North Korea recently smuggled in relief supplies to flood-stricken regions of Jagang province, including many items subject to international sanctions on the country.
A source...
Material matters: Rason customs loosens grip on fabric imports
North Korean customs officials in Wonjong village, Rason, are allowing imported fabrics to pass through easily and then be distributed to wholesalers nationwide, a...
Blueberries beyond borders: Kim decree drives unlikely imports
North Korea is importing large quantities of Chinese blueberries to fulfill the ruling party's directive to produce fruit-based alcoholic and nonalcoholic beverages.
Speaking anonymously, a...
Hyesan’s clothing importers rush to catch up on fall fashion prep
North Korean clothing importers in Hyesan are rushing to catch up on fall fashion preparations after trade disruptions delayed their usual sample showcases, causing...
