North Korea Trade Pressure Delivered, Trump-Kim Summit Will Show Effectiveness — Panjiva
MENU

Supply Chain Research

North Korea Trade Pressure Delivered, Trump-Kim Summit Will Show Effectiveness

China 2971 North Korea 42 Sanctions 162 U.S. 5317

President Donald Trump and Chairman Kim Jong-un will hold meetings from Feb. 27 to determine the way ahead for normalizing relations. Economic pressure on North Korea can be seen in its bilateral trade with the rest of the world which fell 35.9% year over year in the 12 months to Oct. 30 compared to 2017 to reach $3.67 billion. China accounted for 76.0% of the total, tying together China’s position in the talks with the ongoing U.S.-China trade talks. China has kept up the pressure on the DPRK with its exports to North Korea having fallen 32.8% and its imports dropped 87.1% in 2018 compa...

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.