North Korea (PRK) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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North Korea-Singapore Trade: In 2018, North Korea exported $2 to Singapore. The main products that North Korea exported to Singapore were N/A. Over the past 5 years the exports of North Korea to Singapore have decreased at an annualized rate of 95.5%, from $10.3M in 2013 to $2 in 2018.

In 2018, North Korea did not export any services to Singapore.

Singapore-North Korea Trade: In 2018, Singapore exported $123k to North Korea. The main products that Singapore exported to North Korea were N/A. Over the past 5 years the exports of Singapore to North Korea have decreased at an annualized rate of 66.3%, from $28.2M in 2013 to $123k in 2018.

In 2018, Singapore did not export any services to North Korea.

Comparison In 2022, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index. That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2018, North Korea exported $2 to Singapore. There were not main exports from North Korea to Singapore in 2018. During the last 5 years the exports of North Korea to Singapore have decreased at an annualized rate of 95.5%, from $10.3M in 2013 to $2 in 2018.

In 2015, Singapore exported $123k to North Korea. There were not main exports from Singapore to North Korea in 2015. During the last 5 years the exports of Singapore to North Korea have decreased at an annualized rate of 66.3%, from $28.2M in 2020 to $123k in 2015.

Exports from North Korea () to Singapore () (2020)

Exports from Singapore () to North Korea () (2020)

Latest Data

Trade between North Korea () and Singapore ()

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Korea
Top DestinationChina$131M

Singapore
Top DestinationHong Kong$51.6B

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

In 2022, countries that imported more from North Korea than Singapore included Niger ($3.45M) and Suriname ($4.51M).

In 2022, countries that imported more from Singapore than North Korea included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

Difference in imports from Singapore () and North Korea () (2022)

Comparative Advantage North Korea - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, North Korea had a large net trade with Singapore in the exports of .

During 2015, Singapore had a large net trade with North Korea in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of North Korea and Singapore. This means that a dot/product with the flag of North Korea indicates it has a comparative advantage over Singapore. Similarly, a dot/product with the flag of Singapore indicates it has a comparative advantage over North Korea.

About

Historical Data

Bilateral Trade by Products

Exports from North Korea () to Singapore () (2020)

Exports from Singapore () to North Korea () (2020)

Latest Data

Trade between North Korea () and Singapore ()

Singapore Exports

Market Competitiveness

Difference in imports from Singapore () and North Korea () (2022)

Comparative Advantage North Korea - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Korea () and Singapore () (2020)

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