Latest economic data reveals that North Korea currently holds a $1.7 billion trade deficit with its largest trade partner and ally, China, according to Business Insider.
North Korean spent $3.3 billion on Chinese output last year but exported only $1.6 billion of its own goods. This shows a fall over the last several years in North Korean exports to China, an expected trend given the intense UN sanctions imposed on the country.
Previous income sources for North Korea such as coal, iron, gold, silver, titanium, nickel, copper, and zinc have been the target of such sanctions and account for much of the loss of trade.
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