Tag: imports
Nampo’s 2021 lockdown led to tragedy for many people
In early 2020, as North Korea implemented a maritime lockdown in response to COVID-19, the port city of Nampo suffered a steep drop in...
Despite sanctions, N. Korea continues imports of parts for electronics
North Korea continues to import parts for electronics through China, paying in dollars or fraudulent bank accounts to circumvent international sanctions, Daily NK has...
N. Korea plans to minimize economic damage from world’s moves to...
North Korean authorities are drawing up plans to minimize the economic damage the international community's moves to block imports of Chinese seafood produced through...
Yuan exchange rate skyrockets amid increased demand for Chinese currency
North Korea's yuan exchange rate is climbing sharply, driven by increased demand for Chinese currency due to North Korea’s “regional development 20x10 policy.”
According to...
Soaring grain prices put people under more pressure in Hoeryong
Grain prices have recently been soaring at markets in the city of Hoeryong, in North Hamgyong Province, putting North Koreans under even more financial...
N. Korea imports large amounts of rice from northeastern China
North Korean authorities have recently imported large quantities of rice from northeastern China. The imports appear to be aimed at stabilizing rice prices as...
N. Pyongan Province’s trade activities are still under heavy central government...
While North Korea's provinces are now allowed to conduct a certain level of trade thanks to the "20x10 regional development policy," trade remains tightly...
N. Korea investigates corruption at oil distribution center in Nampo
North Korea's central government recently sent an inspection team to an oil distribution center affiliated with the Nampo Trade Administration Bureau, Daily NK has...
North Korea’s markets see rise in imported feminine hygiene products
The number of feminine hygiene products and other imports from China available in North Korean markets has increased significantly. As a result, prices are...
N. Hamgyong Province’s crackdown on generators causes panic
North Hamgyong Province's police agency is requiring people to update their power generator registrations, which has caused panic not only among seafood wholesalers, who...
