2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186

About

United Kingdom-North Korea Trade: In 2022, United Kingdom exported $63.4k to North Korea. The main products that United Kingdom exported to North Korea were Large Construction Vehicles ($32.4k), Pesticides ($30.2k), and Rubber Tires ($871). Over the past 6 years the exports of United Kingdom to North Korea have decreased at an annualized rate of 1.73%, from $70.4k in 2016 to $63.4k in 2022.

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

North Korea-United Kingdom Trade: In 2022, North Korea exported $1.07M to United Kingdom. The main products that North Korea exported to United Kingdom were Vaccines, blood, antisera, toxins and cultures ($855k), Quaternary Ammonium Salts and Hydroxides ($109k), and Propylene Polymers ($44.6k). Over the past 6 years the exports of North Korea to United Kingdom have increased at an annualized rate of 65.3%,  from $86.4k in 2016 to $1.07M in 2022.

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

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). That same year, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $63.4k to North Korea. The main products exported from United Kingdom to North Korea were Large Construction Vehicles ($32.4k), Pesticides ($30.2k), and Rubber Tires ($871). During the last 6 years the exports of United Kingdom to North Korea have decreased at an annualized rate of 1.73%, from $70.4k in 2016 to $63.4k in 2022.

In 2017, North Korea exported $1.07M to United Kingdom. The main products exported from North Korea to United Kingdom were Vaccines, blood, antisera, toxins and cultures ($855k), Quaternary Ammonium Salts and Hydroxides ($109k), and Propylene Polymers ($44.6k). During the last 5 years the exports of North Korea to United Kingdom have increased at an annualized rate of 65.3%, from $86.4k in 2022 to $1.07M in 2017.

Exports from United Kingdom (Flag) to North Korea (Flag) (2022)

Exports from North Korea (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
N/AN/A
North Korea
Top Destination
N/AN/A

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

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Difference in imports from North Korea (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - North Korea

Flow
Scale

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

During 2022, United Kingdom had a large net trade with North Korea in the exports of Machines ($32.4k), Chemical Products ($30.2k), and Plastics and Rubbers ($871).

During 2017, North Korea had a large net trade with United Kingdom in the exports of Chemical Products ($964k), Plastics and Rubbers ($49.8k), and Machines ($32.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom North Korea+N/AN/A
Top Product Potential North Korea United Kingdom+N/AN/A

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Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and North Korea (Flag) (2022)

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