| ID | 108550 |
| Title Proper | North Korean trade with China as reported in Chinese customs statistics |
| Other Title Information | 1995-2009 energy and minerals trends and implications |
| Language | ENG |
| Author | Aden, Nathaniel |
| Publication | 2011. |
| Summary / Abstract (Note) | China is North Korea's largest international trading partner. Since 2000, fuels and
minerals have become a larger portion of North Korean exports and a smaller
portion of imports. North Korea remains a net importer of Chinese crude oil and
oil products; however, it became a net exporter of electricity and coal to China in
2003. Aside from coal, imports and exports of metallic minerals and mining
equipment are growing segments of China-North Korea trade. Whereas North
Korean electricity and iron ore exports are sold at sub-market "friendship prices"
Chinese coal and oil products have been sold to North Korea at premium prices.
Chinese Customs data suggest that Beijing is taking a pragmatic, market-oriented
approach to trade with its reclusive neighbor, while the increasingly asymmetrical
energy embodiment of bilateral trade may reflect deterioration of North Korea's
non-military industries. |
| `In' analytical Note | Korean Journal of Defence Analysis Vol. 23, No. 2; Jun 2011: p.231-255 |
| Journal Source | Korean Journal of Defence Analysis Vol. 23, No. 2; Jun 2011: p.231-255 |
| Key Words | North Korean Trade ; China ; Chinese Customs Statistics ; Energy ; Minerals Trends ; North Korea ; Chinese Crude Oil ; China - North Korea Trade |