Supply Chain Research

A defining feature of 2017 has been the implementation of sanctions against North Korea. The United Nations will likely approve additional sanctions with a further cut in oil exports to the DPRK as well as cuts to food and mechanical equipment. The most recent sanctions enacted by China were aimed at North Korea’s exports of apparel. In aggregate China’s exports to North Korea fell 9% in October, the first decline since July 2016 and a sign sanctions are being implemented. At the same time imports from North Korea slumped to their lowest since February 2011. Yet, that resulted in a trade...