2022
Exports
$27.3MWorld Rnk 129 / 214
Flag Rnk 2 / 469
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$9.19MWorld Rnk 213 / 225
Flag Rnk 24 / 544

About

Exports In 2022, North Korea exported $27.3M in Refined Petroleum, making it the 129th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most exported product in North Korea. The main destination of Refined Petroleum exports from North Korea are: Senegal ($26.1M), Rwanda ($652k), Democratic Republic of the Congo ($279k), Suriname ($76k), and Fiji ($72.9k).

The fastest growing export markets for Refined Petroleum of North Korea between 2021 and 2022 were Rwanda ($652k), Democratic Republic of the Congo ($279k), and Burkina Faso ($51.7k).

Imports In 2022, North Korea imported $9.19M in Refined Petroleum, becoming the 213th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 24th most imported product in North Korea. North Korea imports Refined Petroleum primarily from: China ($8.93M), Suriname ($250k), and Kyrgyzstan ($15k).

The fastest growing import markets in Refined Petroleum for North Korea between 2021 and 2022 were China ($8.09M), Suriname ($250k), and Kyrgyzstan ($15k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$27.3M
IMPORTS (2022)$9.19M
NET TRADE (2022)$18.1M

In 2022, North Korea exported $27.3M in Refined Petroleum. The main destinations of North Korea exports on Refined Petroleum were Senegal ($26.1M), Rwanda ($652k), Democratic Republic of the Congo ($279k), Suriname ($76k), and Fiji ($72.9k).

In 2022, North Korea imported $9.19M in Refined Petroleum, mainly from China ($8.93M), Suriname ($250k), and Kyrgyzstan ($15k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR North Korea WERE (2021 - 2022):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY North Korea WERE (2021 - 2022):
Senegal-$10.8M (-29.2%)
Papua New Guinea-$679k (-100%)
Tanzania-$668k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Korea's main exporting competitors in Refined Petroleum were:
In 2022, North Korea's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Refined Petroleum’s highest export potential is N/A. With an export gap of N/A.   Refined Petroleum’s highest import potential is N/A with an import gap of N/A.

See methodology.

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