{"id":34177,"date":"2017-04-11T17:44:45","date_gmt":"2017-04-11T08:44:45","guid":{"rendered":"http:\/\/en.dailynk.com\/en\/?p=34177"},"modified":"2020-01-17T08:50:59","modified_gmt":"2020-01-16T23:50:59","slug":"report-china-accounts-for-more-tha","status":"publish","type":"post","link":"https:\/\/www.dailynk.com\/english\/report-china-accounts-for-more-tha\/","title":{"rendered":"Report: China accounts for more than 90% of North Korea&#8217;s total trade"},"content":{"rendered":"<div>It has been reported that trade with China comprised more than 90% of North Korea&#8217;s total volume of trade last year. As sanctions from the international community against the North begin to bite, North Korea&#8217;s dependence on China appears to have only deepened.<\/div>\n<div><\/div>\n<div>According to data from the International Trade Center (ITC) of the World Trade Organization, North Korea\u2019s total trade volume last year was 6.02 billion USD (6.8 trillion KPW), with exports accounting for 2.83 billion USD (3.2 trillion KPW) and imports at 3.19 billion USD (3.6 trillion KPW). Trade volume between China and North Korea amounted to 5.51 billion USD (6.2 trillion KPW), representing approximately 91.5% of North Korea&#8217;s total trade volume.<\/div>\n<div><\/div>\n<div>KITA (Korea International Trade Association) data derived from information from the General Administration of Customs of the People\u2019s Republic of China revealed that the trade volume between China and North Korea during April to October last year rose by approximately 3% compared to the same period in 2015.<\/div>\n<div><\/div>\n<div>It has long been pointed out that if trade between China and North Korea continues to increase as it has been, the UNSC sanctions will have little effect. Therefore, it is expected that rising pressure will build for &#8216;secondary boycotts&#8217; which aim to sanction Chinese corporations trading with North Korea.<\/div>\n<div><\/div>\n<div>In reference to this, Matthew Pottinger, a senior Trump aide overseeing Asian affairs in the National Security Council (NSC) stated at a press conference on April 5 that, &#8220;(Secondary boycotts targeting China) are in the initial agenda of the summit.&#8221;<\/div>\n<div><\/div>\n<div>According to ITC reports, India was North Korea\u2019s second largest trading partner last year (with trade volume amounting to 140 million USD), followed by the Philippines (87 million USD), and Russia (76 million USD).&nbsp;<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It has been reported that trade with China comprised more than 90% of North Korea&#8217;s total volume of trade last year. As sanctions from the international community against the North begin to bite, North Korea&#8217;s dependence on China appears to have only deepened. According to data from the International Trade Center (ITC) of the World [&hellip;]<\/p>\n","protected":false},"author":122,"featured_media":34179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wikipediapreview_detectlinks":true,"footnotes":""},"categories":[67],"tags":[],"class_list":["post-34177","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Report: China accounts for more than 90% of North Korea&#039;s total trade - North Korea News \u2014 Daily NK | Latest DPRK Updates 2026<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dailynk.com\/english\/report-china-accounts-for-more-tha\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Report: China accounts for more than 90% of North Korea&#039;s total trade\" \/>\n<meta property=\"og:description\" content=\"It has been reported that trade with China comprised more than 90% of North Korea&#8217;s total volume of trade last year. As sanctions from the international community against the North begin to bite, North Korea&#8217;s dependence on China appears to have only deepened. According to data from the International Trade Center (ITC) of the World [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.dailynk.com\/english\/report-china-accounts-for-more-tha\/\" \/>\n<meta property=\"og:site_name\" content=\"North Korea News \u2014 Daily NK | Latest DPRK Updates 2026\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-11T08:44:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-01-16T23:50:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.dailynk.com\/english\/wp-content\/uploads\/sites\/2\/2017\/04\/DNKF00014462_List.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"250\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Daily NK\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Daily NK\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.dailynk.com\\\/english\\\/report-china-accounts-for-more-tha\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.dailynk.com\\\/english\\\/report-china-accounts-for-more-tha\\\/\"},\"author\":{\"name\":\"Daily NK\",\"@id\":\"https:\\\/\\\/www.dailynk.com\\\/english\\\/#\\\/schema\\\/person\\\/4e0f6adc3d039444440ecc65e9e0aef5\"},\"headline\":\"Report: China accounts for more than 90% of North Korea&#8217;s total trade\",\"datePublished\":\"2017-04-11T08:44:45+00:00\",\"dateModified\":\"2020-01-16T23:50:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.dailynk.com\\\/english\\\/report-china-accounts-for-more-tha\\\/\"},\"wordCount\":289,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.dailynk.com\\\/english\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.dailynk.com\\\/english\\\/report-china-accounts-for-more-tha\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.dailynk.com\\\/english\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2017\\\/04\\\/DNKF00014462_List.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.dailynk.com\\\/english\\\/report-china-accounts-for-more-tha\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.dailynk.com\\\/english\\\/report-china-accounts-for-more-tha\\\/\",\"url\":\"https:\\\/\\\/www.dailynk.com\\\/english\\\/report-china-accounts-for-more-tha\\\/\",\"name\":\"Report: China accounts for more than 90% of North Korea's total trade - 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