US trade (export - import) with North Korea in 2016
The report on US foreign trade in goods with North Korea in 2016: exports, imports, balance, product types and groups, dynamics.
US Trade with North Korea
In 2016, US trade with North Korea was $0.1 million, down 97.07% ($4.6 million) from 2015.
US exports to North Korea in 2016 were $0.1 million, down 97.07% ($4.6 million) from 2015.
US imports from North Korea in 2016 were $0.0 million, unchanged from 2015.
US trade surplus with North Korea in 2016 was $0.1 million, a 97.07% decrease ($4.6 million) over 2015.
North Korea was the US 224th largest trading partner in 2016 (down from 207th in 2015), accounting for 0.0000% of US total trade (down from 0.0001% in 2015).
North Korea was the US 220th largest export market in 2016 (down from 196th in 2015), accounting for 0.0000% of US total exports (down from 0.0003% in 2015).
There were no US imports from North Korea both in 2016 and in 2015.
US Exports to North Korea
The major share of US exports to North Korea in 2016 (and in 2015) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 83.14% of US total exports to North Korea (14.36% in 2015);
- Machinery, equipment and vehicles (HS codes 84-90) - 14.96% of US total exports to North Korea (2.57% in 2015);
- Wood and wood products (HS codes 44-49) - 1.90% of US total exports to North Korea (0.00% in 2015).
The largest gains in US exports to North Korea in 2016 over 2015 were recorded for the following product groups:
- Beverages, spirits and vinegar (HS code 22) - an increase of $44.9 thousand;
- Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $2.7 thousand.
The largest declines in US exports to North Korea in 2016 over 2015 were recorded for the following product groups:
- Commodities not specified according to kind (HS code 99) - a decrease of $3,947.5 thousand;
- Miscellaneous edible preparations (HS code 21) - a decrease of $456.7 thousand;
- Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates (HS code 16) - a decrease of $138.1 thousand;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $101.2 thousand;
- Sugars and sugar confectionery (HS code 17) - a decrease of $16.4 thousand.
| HS code |
Name of product group | Value of exports in 2016 (USD thousand) |
Share in total export (%) |
Value of exports in 2015 (USD thousand) |
Change in 2016 over 2015 (%) |
|---|---|---|---|---|---|
| 16 | Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates | 71.0 | 50.93 | 209.1 | -66.06 |
| 17 | Sugars and sugar confectionery | 0.0 | 0.00 | 16.4 | -100.00 |
| 21 | Miscellaneous edible preparations | 0.0 | 0.00 | 456.7 | -100.00 |
| 22 | Beverages, spirits and vinegar | 44.9 | 32.21 | 0.0 | ∞ |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 2.7 | 1.90 | 0.0 | ∞ |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 20.8 | 14.96 | 122.0 | -82.92 |
| 99 | Commodities not specified according to kind | 0.0 | 0.00 | 3,947.5 | -100.00 |
US Imports from North Korea
There were no US imports from North Korea in 2016 as well as in 2015.