Develop A Global Partnership for DevelopmentWhat are North Korea's main sources of income?"The factbook defines North Korea's industries as military products, machine building, electrical power, chemicals, mining, metallurgy, textiles, food processing and tourism.
Its main exports were minerals, metallurgical products, manufactures including armaments, textiles and agricultural and fishery products and its main imports petroleum, coking coal, machinery and equipment, textiles and grain, it says. Estimated industry accounted for nearly half of GDP, followed by services and agriculture, the factbook says. South Korea's Ministry of Unification put the amount of trade between the two countries in 2011 at about $1.7 billion. Of that, about $914 million was inbound and $800 million outbound. Government and private humanitarian assistance to North Korea totaled about $17.4 million, the ministry said." Source: http://www.cnn.com/2013/04/09/business/north-korea-economy-explainer/ |
Who are North Korea's trading partners?The CIA World Factbook said China accounted for an estimated 67.2% of North Korea's exports and 61.6% of imports in 2011. South Korea accounted for 19.4% of exports and 20% of imports, while India received an estimated 3.6% of exports and the European Union provided about 4% of imports in 2011.
|