Tag: imports
N. Korea credits Russia cooperation for economic gains during five-year period
North Korea's Cabinet has reviewed economic progress during the five years of the Eighth Party Congress and announced tasks for the remainder of the...
N. Korea races to prepare for massive Russian grain aid following...
North Korean leader Kim Jong Un has secured a promise of large-scale flour aid from Russian President Vladimir Putin during their summit held in...
N. Korea lectures trading companies on benefits of economic independence
Managers at trading companies in Sariwon, North Hwanghae province, recently attended a special lecture on the global economic situation.
According to a Daily NK source...
N. Korea’s luxury shopping spree raises eyebrows in Chinese markets
A surge of North Korean trading company officials has descended on Chinese cities this month, snapping up European furniture, widescreen TVs, and other high-end...
Rice and fuel prices soar in N. Korea as won weakens...
North Korean market prices remain high after spiking earlier this month. With market exchange rates staying elevated, import prices are soaring.
According to Daily NK's...
Chinese cooling fans become N. Korea’s hottest import
Chinese-made portable cooling fans have become the must-have summer accessory for North Koreans.
"No matter the price, handheld cooling fans are among the hottest imports...
Pyongyang elite embrace ‘designer’ clothes from abroad
According to a Daily NK source in Pyongyang recently, designs by twenty-something creators who trained overseas began gaining popularity among the capital's elite in...
N. Korean youth drive surge in Chinese bag imports
Demand for Chinese-made bags has surged among North Koreans in their teens through 30s. The trend of choosing Chinese bags over domestic alternatives —...
Rice and corn prices drop in North Korea
Grain prices across North Korean markets have recently declined following weeks of steady increases. The drop coincides with increased cross-border imports and the beginning...
State-sanctioned smuggling revives hope in N. Korean border economy
North Korea is conducting both imports and exports through state-sponsored smuggling operations in the Hyesan area of Ryanggang province. Local residents are increasingly optimistic...
