North Korea

Official Name: The Democratic People's Republic of Korea
Sovereign Status: Sovereign Country
Government Type: Communist state
Official Name (Local Language): Choson-minjujuui-inmin-konghwaguk
ISO Country Codes: KP : PRK
Internet Domain: .kp
Government Web Site: https://korea-dpr.com/
Capital: Pyongyang Main Airports:
Language(s): Korean Population: 25,831,360
Currency: North Korean Won ISO Currency Code: KPW
Telephone Dial In: +850 ID Prefix: 00


Political & Cultural Organisations:

Travel Guides:

North Korea

Government Website: https://korea-dpr.com/
Central Bank:

Central Bank of the Democratic People's Republic of Korea

GDP: $40 billion (2015 est.)
GDP Pro Capita (PPP): $1,700 (2015 est.)
Currency & USD Exchange Rate: North Korean Won
Currency Code: KPW
World Bank Classification: Low-Income Economy

GDP Composition:

Agriculture: 21.6% rice, corn, potatoes, wheat, soybeans, pulses, beef, pork, eggs
Industry: 46.2% military products; machine building, electric power, chemicals; mining (coal, iron ore, limestone, magnesite, graphite, copper, zinc, lead, and precious metals), metallurgy; textiles, food processing; tourism
Services: 32.2%

Source: Central Intelligence Agency Factbook


Financial & Economic Organisations:

Financial & Economic Profiles:

Financial Exchanges:
No Exchange

National Statistics Office:
General Bureau of State Statistics ;

National Dataset(s):

North Korea


Subject to Country Specific Sanctions? EU and OFAC

Business Language(s): English; Korean
Customs & Excise: Official Webpage of the DPR of Korea
Competitive Ind’l Performance: 174/180 (2021) Corruption Perceptions Index: 171/180 (2022 Rank)
Ease of Doing Business: N/A Enabling Trade Index: N/A
Global Trade Alert Search ITC's Lega Carta

Country Ratings:


Export Credit & Insurance More

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Investment & Export Promotion More

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Imports:

$2.32 billion (2018 est.)

Main Imports:

petroleum, coking coal, machinery and equipment, textiles, grain

Exports:

$0.222 billion (2018)

Main Exports:

minerals, metallurgical products, manufactures (including armaments), textiles, agricultural and fishery products


Top Export Partners:

China 76.5%

Top Import Partners:

China 76.3%

Republic of the Congo 5.5%


Source: Central Intelligence Agency Factbook


Regional Trade Agreements & Organisations:

North Korea

Accountancy Associations

N/A

Banking Association

N/A



Company Register

N/A


Government Procurement

N/A

Law Associations & Firms

N/A


Logistics Companies

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Freightnet
SeaRates

Jctrans.net

Major Companies with a Local Operation

DHL Global

Tax Identification Codes

N/A


Yellow Pages

N/A




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North Korea

British Chambers of Commerce Overseas No resources available

Joint-Venture Chambers of Commerce No resources available


British Representation Overseas
The British Embassy in North Korea