US trade (export - import) with North Korea in 2014
The report on US foreign trade in goods with North Korea in 2014: exports, imports, balance, product types and groups, dynamics.
US Trade with North Korea
In 2014, US trade with North Korea totaled $24.0 million, up 265.02% ($17.4 million) from 2013.
US exports to North Korea in 2014 totaled $24.0 million, up 265.02% ($17.4 million) from 2013.
US imports from North Korea in 2014 were $0.0 million, unchanged from 2013.
US trade surplus with North Korea in 2014 was $24.0 million, a 265.02% increase ($17.4 million) over 2013.
North Korea was the US 187th largest trading partner in 2014 (up from 207th in 2013), accounting for 0.0006% of US total trade (up from 0.0002% in 2013).
North Korea was the US 181st largest export market in 2014 (up from 198th in 2013), accounting for 0.0015% of US total exports (up from 0.0004% in 2013).
There were no US imports from North Korea both in 2014 and in 2013.
US Exports to North Korea
The major share of US exports to North Korea in 2014 (and in 2013) was accounted for the following product types:
- Machinery, equipment and vehicles (HS codes 84-90) - 1.40% of US total exports to North Korea (0.00% in 2013);
- Food products and agricultural raw materials (HS codes 01-24) - 0.21% of US total exports to North Korea (4.34% in 2013);
- Textiles, textile products and footwear (HS codes 50-67) - 0.05% of US total exports to North Korea (1.55% in 2013);
- Chemical products (HS codes 28-40) - 0.03% of US total exports to North Korea (1.01% in 2013).
The largest gains in US exports to North Korea in 2014 over 2013 were recorded for the following product groups:
- Commodities not specified according to kind (HS code 99) - an increase of $17,491.8 thousand;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $318.0 thousand.
The largest declines in US exports to North Korea in 2014 over 2013 were recorded for the following product groups:
- Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates (HS code 16) - a decrease of $234.9 thousand;
- Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - a decrease of $102.0 thousand.
| HS code |
Name of product group | Value of exports in 2014 (USD thousand) |
Share in total export (%) |
Value of exports in 2013 (USD thousand) |
Change in 2014 over 2013 (%) |
|---|---|---|---|---|---|
| 16 | Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates | 50.8 | 0.21 | 285.7 | -82.23 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 0.0 | 0.00 | 47.2 | -100.00 |
| 39 | Plastics and articles thereof | 6.4 | 0.03 | 19.2 | -66.61 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 3.6 | 0.02 | 0.0 | ∞ |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 3.9 | 0.02 | 0.0 | ∞ |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 0.0 | 0.00 | 102.0 | -100.00 |
| 64 | Footwear, gaiters and the like; parts of such articles | 7.5 | 0.03 | 0.0 | ∞ |
| 85 | Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles | 17.8 | 0.07 | 0.0 | ∞ |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 318.0 | 1.32 | 0.0 | ∞ |
| 99 | Commodities not specified according to kind | 23,620.7 | 98.30 | 6,128.9 | 285.40 |
US Imports from North Korea
There were no US imports from North Korea in 2014 as well as in 2013.