Assessment of North Korea's Trade with China in 2018 and Prospects for 2019

Abstract

This paper analyzes the impact of sanctions on North Korea's economy in 2018 by analyzing North Korea's trade with China. We obtained statistics from China Customs, i.e. the General Administration of Customs of the People's Republic of China, on China's trade with North Korea by country, HS code, province, and trade type in 2018. Our analysis focused on three possibilities: a decrease in imports and exports, a rise in North Korea's alternative export items, and a possible slowdown in industrial production.