{"id":49638,"date":"2021-10-12T14:49:32","date_gmt":"2021-10-12T05:49:32","guid":{"rendered":"https:\/\/www.dailynk.com\/english\/?p=49638"},"modified":"2021-10-12T14:51:33","modified_gmt":"2021-10-12T05:51:33","slug":"pyongyang-moves-to-increase-imports-of-chinese-consumer-goods-as-market-prices-soar","status":"publish","type":"post","link":"https:\/\/www.dailynk.com\/english\/pyongyang-moves-to-increase-imports-of-chinese-consumer-goods-as-market-prices-soar\/","title":{"rendered":"Pyongyang moves to increase imports of Chinese consumer goods as market prices soar"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">With public discontent rising as prices of imported items skyrocket following North Korea\u2019s closure of the Sino-North Korean border due to COVID-19, Pyongyang has recently increased imports of Chinese consumer goods, Daily NK has learned.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As imports of some items still face limitations, however, prices continue to soar, in some cases to 100 times what they were prior to the closure of the border.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to a source in Yanggang Province on Thursday, Chinese industrial goods such as TVs and rice cookers have been hard to find in North Korean markets since the closure of the border, as have been consumer goods like cosmetics, detergents and stationery supplies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, even if you can find Chinese goods in the markets, prices are reportedly so high due to the lack of imports that ordinary people cannot buy them.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A bottle of Chinese shampoo was RMB 30 (about USD 4.65) prior to the closure of the border. However, that price recently skyrocketed to RMB 800 (around USD 123).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even Chinese cosmetics are selling for RMB 1,200 (USD 185), despite North Koreans preferring better quality South Korean brands.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The source said even the price of previously ubiquitous Chinese pens has soared over 100 fold. \u201cHowever, since there aren\u2019t any, you can\u2019t find them in markets,\u201d he added.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In response, North Korean authorities imported several Chinese foodstuff items in high public demand for the first time this year in August.\u00a0<\/span><\/p>\n<figure id=\"attachment_42954\" aria-describedby=\"caption-attachment-42954\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-42954\" src=\"https:\/\/www.dailynk.com\/english\/wp-content\/uploads\/sites\/2\/2019\/11\/\ubd81\ud55c-\uc2dc\uc7a5-1-300x183.jpg\" alt=\"grasshopper market exchange rate\" width=\"300\" height=\"183\" srcset=\"https:\/\/www.dailynk.com\/english\/wp-content\/uploads\/sites\/2\/2019\/11\/\ubd81\ud55c-\uc2dc\uc7a5-1-300x183.jpg 300w, https:\/\/www.dailynk.com\/english\/wp-content\/uploads\/sites\/2\/2019\/11\/\ubd81\ud55c-\uc2dc\uc7a5-1-768x468.jpg 768w, https:\/\/www.dailynk.com\/english\/wp-content\/uploads\/sites\/2\/2019\/11\/\ubd81\ud55c-\uc2dc\uc7a5-1-696x425.jpg 696w, https:\/\/www.dailynk.com\/english\/wp-content\/uploads\/sites\/2\/2019\/11\/\ubd81\ud55c-\uc2dc\uc7a5-1-689x420.jpg 689w, https:\/\/www.dailynk.com\/english\/wp-content\/uploads\/sites\/2\/2019\/11\/\ubd81\ud55c-\uc2dc\uc7a5-1.jpg 800w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-42954\" class=\"wp-caption-text\">A &#8220;grasshopper market,&#8221; or unofficial market, in a village near Pyongyang. \/ Image: Posted online by a Chinese blogger named L\u00f3ng W\u01d4*L\u00e1ng Zh\u012b W\u011bn (\u9f99\u4e94*\u72fc\u4e4b\u543b )<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">According to the Korea International Trade Association (KITA)\u2019s report on North Korean trade published late last month, North Korea imported sugar, cooking oil and seasonings from China in August, but this had little impact on market prices.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In Pyongsong, South Pyongan Province \u2014 a region in North Korea\u2019s interior \u2014 sugar cost KPW 23,600 in September, seasonings cost KPW 175,000, and cooking oil cost KPW 24,300. In the border city of Sinuiju, North Pyongan Province, sugar cost KPW 17,000, seasonings cost KPW 120,000, and cooking oil cost KPW 25,000. Generally, these prices were similar or slightly higher than those of the previous month.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The report said North Korean trade with China has continuously increased for three months, but that trade was still limited to a few specific items. It also said it appeared the imported items had yet to hit markets or were quantitatively insufficient to satisfy market demand.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Daily NK\u2019s own reporting, the number of North Koreans complaining of malnutrition due to lack of foodstuffs such as cooking oil has skyrocketed during the protracted border closure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">North Korea\u2019s recent expansion of imports of foodstuffs from China is apparently a response to this situation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, with North Korea continuing to restrict trade to mostly state trading companies dealing in predetermined items and totals, observers believe the increase in trade will not result in publicly tangible price decreases.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another source in North Korea said party policy is to maintain the current trade restrictions until the end of the year. \u201cImports could increase depending on the item, but it will be tough to boost imports so that people can actually feel it,\u201d he added.<\/span><\/p>\n<p><em>Please direct any comments or questions about this article to dailynkenglish@uni-media.net.<\/em><\/p>\n<p><em><a href=\"https:\/\/www.dailynk.com\/%eb%b6%81%ed%95%9c-%ec%a4%91%ea%b5%ad%ec%82%b0-%ec%86%8c%eb%b9%84%ed%92%88-%ec%88%98%ec%9e%85-%ed%99%95%eb%8c%80%ed%96%88%ec%a7%80%eb%a7%8c-%ec%8b%9c%ec%9e%a5%ea%b0%80%ea%b2%a9%ec%9d%80-%ec%97%ac\/\">Read in Korean<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With public discontent rising as prices of imported items skyrocket following North Korea\u2019s closure of the Sino-North Korean border due to COVID-19, Pyongyang has recently increased imports of Chinese consumer goods, Daily NK has learned. As imports of some items still face limitations, however, prices continue to soar, in some cases to 100 times what [&hellip;]<\/p>\n","protected":false},"author":128,"featured_media":40561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wikipediapreview_detectlinks":true,"footnotes":""},"categories":[67,645],"tags":[],"class_list":["post-49638","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-economy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Pyongyang moves to increase imports of Chinese consumer goods as market prices soar - 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\/pyongyang-moves-to-increase-imports-of-chinese-consumer-goods-as-market-prices-soar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pyongyang moves to increase imports of Chinese consumer goods as market prices soar\" \/>\n<meta property=\"og:description\" content=\"With public discontent rising as prices of imported items skyrocket following North Korea\u2019s closure of the Sino-North Korean border due to COVID-19, Pyongyang has recently increased imports of Chinese consumer goods, Daily NK has learned. 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