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North Korea reduced trade deficit but remained reliant on China in 2024: Report

Summary by NK News
North Korea reduced its trade deficit with China in 2024 but remained highly dependent on its biggest economic partner, according to a new report, which found that Pyongyang also expanded ties with foreign partners as diverse as Argentina, Austria, Nigeria and the Netherlands. The DPRK’s commercial exchanges slid by 2.6% to $2.7 billion in 2024, […]

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North Korea reduced trade deficit but remained reliant on China in 2024: Report

North Korea reduced its trade deficit with China in 2024 but remained highly dependent on its biggest economic partner, according to a new report, which found that Pyongyang also expanded ties with foreign partners as diverse as Argentina, Austria, Nigeria and the Netherlands. The DPRK’s commercial exchanges slid by 2.6% to $2.7 billion in 2024, […]

·Seoul, Korea, Republic of
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NK News broke the news in Seoul, Korea, Republic of on Monday, July 28, 2025.
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