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China Customs: China H1 total trade with N. Korea slumps 56% y/y in dollar terms

The latest data released by the China Customs on Monday showed that the value of China’s total trade with North Korea fell 56.1 percent in the first half of this year to USD 1.1 billion.

Key Highlights (via Reuters):

“Imports from North Korea dropped sharply by 87.9 percent on-year to $107.3 million, while exports were down 38.8 percent to $997.3 million.

China’s June total trade with North Korea was valued at $217.16 million, down from $230.87 million in the previous month.

China’s exports to North Korea were $204.19 million in June while imports from North Korea were $12.97 million, the data showed.”

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