North Korea

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About North Korea

North Korea, officially known as the Democratic People’s Republic of Korea and also known as DPR Korea or DPRK is one of the very few countries which practices communism.

With the support and influence of China, North Korea has always been closed to the external world.

Economically the state owns and controls almost everything. While statistics are low, The country has a good Manufacturing and Agriculture industry. The exports have been primarily in minerals, metallurgical products, textiles, agriculture, fisheries

Country Facts

 

Basic Details
RegionEast Asia
Capital CityPyongyang
Government TypeSocialist Republic
Official LanguagesKorean
CurrencyKorean Peoples won, MKD
Phone Code +850
Important CitiesAnju, Chongjin, Chongju, Haeju, Hamhung, Hoeryong, Huichon, Hyesan, Kaechon, Kaesong, Kanggye, Kimchaek, Kusong
National DayChogukhaebang?i nal (Aug-15)
Economy
GDP (nominal)USD 16 Billion
Ease of Doing Business Ranking0
Primary IndustriesAgriculture,Fisheries,Food distribution system,Crisis and famine,Food shortages,Mining,Information technology and culture.
Foreign Relations
Bordering NationsChina, South Korea, Russia
Member of(United Nations)
Major ExportsMining, Metals & Minerals, Automobiles, Vehicles & Components, Plastics and Products, Agriculture & Farming Products and Solutions, Electrical Products, Pharmaceutical Products, Silk & Textiles, Cosmetics and Accessories, Machinery & Appliances, Fisheries, Sea Food & Crustaceans, Glass and glassware, Chemical Products, Other Products, Instruments & Optical Solutions
Major ImportsPlastics and Products, Edible Oils & Seeds, Rubber and Products, Agriculture & Farming Products and Solutions, Pharmaceutical Products, Chemical Products, Silk & Textiles, Books and Papers, Cereals & Pulses, Food & Beverages, Spirits & Vinegar, Retail & Fmcg Products, Cosmetics and Accessories, Wood and Pulp, Mining, Metals & Minerals
Total Exports ValueUSD 0.302 Billion
Total Imports ValueUSD 0.911 Billion
Foreign Trade BalanceUSD 0.609 Billion (Deficit)
Foreign Relations with India
Flags
Maps
Trade Agreements with IndiaTrade between India and North Korea has seen a large increase in recent years. From an average total trade of barely $10 million in the middle of the 2000s, it shot up to $60 million in 2013. The trade is overwhelmingly in India's favor, with its exports accounting for roughly $60 million while North Korean exports to India were worth $36 million. India's primary export to North Korea is refined petroleum products while silver and auto parts are the main components of its imports from North Korea.
Major Exports to IndiaChemical Products, Electrical Products, Plastics and Products, Machinery & Appliances, Rubber and Products, Mining, Metals & Minerals, Building & Construction Products & Services, Books and Papers, Retail & Fmcg Products, Silk & Textiles, Instruments & Optical Solutions, Glass and glassware, Gems & Jewellery, Ceramic Products
Major Imports from IndiaMining, Metals & Minerals, Chemical Products, Gems & Jewellery, Silk & Textiles, Pharmaceutical Products, Machinery & Appliances, Fashion and Apparel, Instruments & Optical Solutions, Electrical Products, Hides, Leather & Tannery, Wood and Pulp, Books and Papers, Live Animals and Animal Products
India's Imports ValueUSD 2.48 Million
India's Exports ValueUSD 1.77 Million
Trade Balance with IndiaUSD 0.71 Million (Excess)
Indian Embassy Details for North KoreaEmbassy of India
H.E. Mr. Atul Malhari Gotsurve
Honourable Ambassador
6 Munsudong, District Daedonggang Pyongyang, Democratic Republic of Korea
amb.pyongyang@mea.gov.in
850 -2-381-7215
https://eoi.gov.in/pyongyang/


Embassy Details of North Korea in IndiaNorth Korea
Embassy of the Democratic People s Republic of Korea
H.E. Mr. Choe Hui Chol
Ambassador
S-362,Panchsheel Park, Malviya NagarNew Delhi110017
embassydprkin@yahoo.com
+91-11-42548834 (O)