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Pricing

2022
Flag → Flag
Exports $1.74MRnk 191 / 217
2022
Flag → Flag
Top Product $999kRaw Aluminium
2022
Flag → Flag
Exports $1.47MRnk 18 / 86
2022
Flag → Flag
Top Product $274kPolycarboxylic Acids
2022
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Economic Complexity (ECI) ECI 0.57Rnk 42 / 124
2022
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GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
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GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

India-North Korea In 2022, India exported $1.74M to North Korea. The main products that India exported to North Korea are Raw Aluminium ($999k), Vitamins ($372k), and Synthetic Reconstructed Jewellery Stones ($135k). During the last 27 years the exports of India to North Korea have decreased at an annualized rate of 9.87%, from $28.7M in 1995 to $1.74M in 2022.

In 2022, India did not export any services to North Korea.

North Korea-India In 2022, North Korea exported $1.47M to India. The main products that North Korea exported to India were Polycarboxylic Acids ($274k), Synthetic Rubber ($106k), and Nitrogen Heterocyclic Compounds ($89.2k). During the last 27 years the exports of North Korea to India have decreased at an annualized rate of 11.2%, from $36.8M in 1995 to $1.47M in 2022.

In 2022, North Korea did not export any services to India.

Comparison In 2022,  India ranked 42 in the Economic Complexity Index (ECI 0.57),  and 15 in total exports ($468B). That same year, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, India exported $6.15k and imported $213k from North Korea, resulting in a negative trade balance of $207k. Between January 2023 and January 2024 the exports of India have decreased by $-38k (-86.1%) from $44.1k to $6.15k, while imports increased by $173k (430%) from $40.2k to $213k.

Trade In January 2024, the top exports of India to North Korea were Packaging Materials ($44.1k). In January 2024 the top imports of India from North Korea were Inorganic Chemicals ($40.2k) and Plastic Raw Materials ($2).

Growth In January 2024, the decrease in India's year-by-year exports to North Korea was explained primarily by an decrease in product exports in . In January 2024, the increase in India's year-by-year imports  from North Korea was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)$-38k(-86.1%)
IMPORT GROWTH (January 2023 - January 2024)$173k(430%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check North Korea and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $1.74M to North Korea. The main products exported from India to North Korea were Raw Aluminium ($999k), Vitamins ($372k), and Synthetic Reconstructed Jewellery Stones ($135k). During the last 27 years the exports of India to North Korea have decreased at an annualized rate of 9.87%, from $28.7M in 1995 to $1.74M in 2022.

In 2022, North Korea exported $1.47M to India. The main products exported from North Korea to India were Polycarboxylic Acids ($274k), Synthetic Rubber ($106k), and Nitrogen Heterocyclic Compounds ($89.2k). During the last 27 years the exports of North Korea to India have decreased at an annualized rate of 11.2%, from $36.8M in 1995 to $1.47M in 2022.

Exports from India (Flag) to North Korea (Flag) (2022)

Exports from North Korea (Flag) to India (Flag) (2022)

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
North Korea
Top DestinationChina$131M

This map shows whether countries import more from India or North Korea. Each country is colored based on the difference in imports they receive from India and North Korea or the difference in the growth in imports.

In 2021, countries that imported more from India than North Korea were United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2019, no countries were registered that imported more from North Korea than from India.

Difference in imports from North Korea (Flag) and India (Flag) (2022)

Comparative Advantage India - North Korea

Flow
Scale

This chart compares trade between India and North Korea by product, considering products traded by both, India and North Korea.

During 2022, India had a large net trade with North Korea in the exports of Metals ($1.03M), Chemical Products ($462k), and Precious Metals ($146k).

During 2022, North Korea had a large net trade with India in the exports of Chemical Products ($448k), Machines ($386k), and Plastics and Rubbers ($301k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more India has comparative advantage over North Korea. Similarly, the more yellow a dot/product is, the more North Korea has comparative advantage over India.

Product Space of India (Flag) and North Korea (Flag) (2022)

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