North Korean Exports To China Surge 40% In The First Quarter

North Korea Missile Statues

Photo: AP

We don’t normal cover North Korean trade data.  But we thought the Q1 surge was worth mentioning.According to China’s Ministry of Commerce (via Yonhap News), trade between China and North Korea reached an all-time high of $1.37 billion.

Exports from North Korea to China jumped 40 per cent to $568 million, while imports into North Korea jumped 40 per cent to $800 million.

SEE ALSO: MORGAN STANLEY: This Is What South Korea’s Economy Will Be Like In 2012 And 2013 >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at