Economic Indicators

China’s exports to North Korea more than double in Jan-Feb on agricultural shipments

2023.03.20 04:59



BEIJING (Reuters) – China’s overall exports to North Korea more than doubled in the first two months of 2023 from a year earlier, with major exports including granulated sugar, soybean oil and rice, Chinese customs data showed on Monday.

Chinese outbound shipments to the isolated country surged 161.5% year-on-year to $300.5 million in January-February, data released by China’s General Administration of Customs showed.

The top export items in terms of value were granulated sugar, wool for wig production, soybean oil, rice, and rubber tyres.

South Korea’s DongA Ilbo newspaper reported in mid-February that North Korean food crisis may have deteriorated as the country has cut rations to its soldiers for the first time in more than two decades.

In recent decades, North Korea has suffered serious food shortages, including a famine in the 1990s, often as a result of natural disasters such as floods damaging harvests.

Pyongyang in January outlined plans to normalise industrial production, aiming to make 2023 “a year of great turn and change in the course of development”.

Even as it hailed the successful tackling of the COVID-19 outbreak last year, Pyongyang bought 13.57 million masks from China in the first two months, up 214.8% year-on-year, the Chinese customs data showed.

It also imported 94,390 thermometers and 60,500 pairs of medical rubber gloves from China.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 70,250.82 3.69%
ethereum
Ethereum (ETH) $ 2,455.08 1.09%
tether
Tether (USDT) $ 1.00 0.00%
bnb
BNB (BNB) $ 569.07 2.87%
solana
Solana (SOL) $ 167.13 4.72%
usd-coin
USDC (USDC) $ 1.00 0.04%
xrp
XRP (XRP) $ 0.514116 0.94%
dogecoin
Dogecoin (DOGE) $ 0.176453 12.27%
staked-ether
Lido Staked Ether (STETH) $ 2,453.10 1.00%
tron
TRON (TRX) $ 0.161044 1.61%
cardano
Cardano (ADA) $ 0.336751 2.72%
the-open-network
Toncoin (TON) $ 4.71 1.74%
shiba-inu
Shiba Inu (SHIB) $ 0.000018 7.93%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,909.56 1.24%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 70,135.79 3.70%
avalanche-2
Avalanche (AVAX) $ 24.25 5.54%
weth
WETH (WETH) $ 2,454.17 1.04%
chainlink
Chainlink (LINK) $ 10.90 5.46%
bitcoin-cash
Bitcoin Cash (BCH) $ 342.15 2.59%
sui
Sui (SUI) $ 2.02 8.54%
usds
USDS (USDS) $ 1.00 0.08%
polkadot
Polkadot (DOT) $ 3.90 3.32%
leo-token
LEO Token (LEO) $ 6.05 0.11%
litecoin
Litecoin (LTC) $ 66.47 0.58%
near
NEAR Protocol (NEAR) $ 3.84 5.99%
aptos
Aptos (APT) $ 8.54 5.41%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,581.43 1.10%
uniswap
Uniswap (UNI) $ 7.16 5.01%
pepe
Pepe (PEPE) $ 0.000009 6.51%
internet-computer
Internet Computer (ICP) $ 7.40 4.49%
bittensor
Bittensor (TAO) $ 465.14 10.86%
dai
Dai (DAI) $ 1.00 0.04%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.25 10.63%
monero
Monero (XMR) $ 158.77 1.02%
kaspa
Kaspa (KAS) $ 0.112204 7.49%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.04%
stellar
Stellar (XLM) $ 0.093484 2.57%
whitebit
WhiteBIT Coin (WBT) $ 19.08 1.30%
ethereum-classic
Ethereum Classic (ETC) $ 18.23 2.48%
first-digital-usd
First Digital USD (FDUSD) $ 0.998629 0.12%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.304295 3.74%
blockstack
Stacks (STX) $ 1.54 5.06%
okb
OKB (OKB) $ 38.12 1.80%
dogwifcoin
dogwifhat (WIF) $ 2.13 6.69%
filecoin
Filecoin (FIL) $ 3.40 2.16%
aave
Aave (AAVE) $ 134.60 4.47%
crypto-com-chain
Cronos (CRO) $ 0.072681 2.59%
arbitrum
Arbitrum (ARB) $ 0.492096 3.03%
mantle
Mantle (MNT) $ 0.565804 2.03%
immutable-x
Immutable (IMX) $ 1.10 2.95%