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North Korea economy

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North Korea’s Trade With China Continues Rapid Decline

North Korea’s Trade With China Continues Rapid Decline

By Troy Stangarone
The COVID-19-induced border closure continues to wreak havoc on North Korea's trade with China.
South Korean Intelligence Reports COVID-19-Induced Panic Buying in the North

South Korean Intelligence Reports COVID-19-Induced Panic Buying in the North

By Associated Press
The National Intelligence Service told lawmakers in Seoul that the pandemic is hurting North Korea’s economy.

How COVID-19 Is Affecting North Korea’s Economy

How COVID-19 Is Affecting North Korea’s Economy

By Gabriela Bernal
If this crisis has proven anything it’s how much the North Korean economy relies on China.

North Korea’s Exports to China Collapse Amid Coronavirus

North Korea’s Exports to China Collapse Amid Coronavirus

By Troy Stangarone
Chinese data from January and February hints that the border closure is taking a serious economic toll.

Coronavirus: The Economic Costs for North Korea

Coronavirus: The Economic Costs for North Korea

By Troy Stangarone
The outbreak, and Pyongyang’s response, will seriously strain the North Korean economy.
North Korea’s Economy: The View From China

North Korea’s Economy: The View From China

By Mu Chunshan
Sanctions aside, many Chinese businesspeople are willing to invest across the border. Is North Korea ready to open its doors for them?

North Korea Turns to Russia for Cash

North Korea Turns to Russia for Cash

By Tae-jun Kang
Since the Putin-Kim summit, North Korea has been stepping up economic ties with Russia.
North Korea Places Its Hope in Science and Technology

North Korea Places Its Hope in Science and Technology

By Tae-jun Kang
Pyongyang is putting more emphasis on developing its science sector in hopes of transforming the economy.

North Korea’s Internal Struggles Hint That Sanctions Are Working

North Korea’s Internal Struggles Hint That Sanctions Are Working

By Tae-jun Kang
Reports of business closures and food price spikes are more evidence that North Korea's economy is struggling.

What’s Behind North Korea’s Recent Efforts to Promote Its Education Sector?

What’s Behind North Korea’s Recent Efforts to Promote Its Education Sector?

By Tae-jun Kang
North Korean propaganda has been unusually fixated on praising the country's education sector. Why?

How Does North Korea's Economy Look Heading Into the Hanoi Summit?

How Does North Korea's Economy Look Heading Into the Hanoi Summit?

By Benjamin Katzeff Silberstein
The latest data paint a picture of North Korea's economy as stable, but strained.
North Korea’s Ginseng Drama

North Korea’s Ginseng Drama

By Tae-jun Kang
There’s a reason the medicinal plant became fodder for a North Korean soap opera.

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