China’s exports to North Korea more than tripled in 2022 | Business

China’s export shipments to North Korea in 2022 increased 247.5% year-on-year to $894 million. (Photo: AFP/VNA)

Total turnover export of China to North Korea more than tripled in 2022 compared with the previous year, when operating freight between the two countries resumed after a pause to limit the spread of the COVID-19 pandemic.

China’s exports to North Korea in 2022 increased 247.5% year-on-year to $894 million, China’s Customs Administration has announced. The top export items of value are soybean oil, rubber tires, granulated sugar, tobacco and medicines.

[Trung Quốc và Triều Tiên khôi phục hoạt động vận tải đường sắt]

Pyongyang has stockpiled large quantities of Chinese medical items including masks and ventilators as early as 2022.

The country has closed its borders to nearly all trade for most of the COVID-19 pandemic and has only resumed supplies of goods from China in 2022.

That brought bilateral trade to $1.03 billion in 2022, up 226% year-on-year.

Van Anh (VNA/Vietnam+)

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