{"id":3409,"date":"2021-07-29T16:49:51","date_gmt":"2021-07-29T16:49:51","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/?p=3409"},"modified":"2021-07-29T15:18:01","modified_gmt":"2021-07-29T15:18:01","slug":"mozambique-added-to-north-koreas-top-10-trade-partners-in-2020-kotra","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-added-to-north-koreas-top-10-trade-partners-in-2020-kotra","title":{"rendered":"Mozambique added to North Korea\u2019s top 10 trade partners in 2020: KOTRA"},"content":{"rendered":"

Africa-Press<\/a> – Mozambique<\/a>. <\/strong><\/span>North Korea\u2019s annual trade plunged a whopping 73.4 percent in 2020 from a year earlier, as the country shut down its border amid the COVID-19 pandemic, data showed Thursday.<\/p>\n

The combined amount of North Korea\u2019s trade came to $863 million in 2020, compared with $3.24 billion tallied a year earlier, according to the data compiled by the state-run Korea Trade-Investment Promotion Agency (KOTRA).<\/p>\n

\u201cThe decrease came as both exports and imports lost ground after North Korea closed down its border amid COVID-19, coupled with the prolonged economic sanctions from the United Nations,\u201d the KOTRA said in a report.<\/p>\n

Outbound shipments came to $89 million, plunging 68 percent from $278 million posted in 2019. Imports also slid 74 percent over the period to reach $774 million, leading to a trade deficit of $684 million.<\/p>\n

The trade deficit, meanwhile, improved from the previous year as imports decreased at a faster pace.<\/p>\n

North Korea\u2019s main export products included steel, mineral oil and watch products. Among major import goods were crude and tobacco products.<\/p>\n

The combined amount of trade between North Korea and China came to $762 million, accounting for 88.2 percent of the North\u2019s annual trade.<\/p>\n

Other major trade partners of North Korea included Russia, Vietnam, India and Nigeria.<\/p>\n

KOTRA added Mozambique, Tanzania, Ghana and Thailand were newly listed in the top 10 trade partners of North Korea in 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. North Korea\u2019s annual trade plunged a whopping 73.4 percent in 2020 from a year earlier, as the country shut down its border amid the COVID-19 pandemic, data showed Thursday. The combined amount of North Korea\u2019s trade came to $863 million in 2020, compared with $3.24 billion tallied a year earlier, according to […]<\/p>\n","protected":false},"author":84,"featured_media":3407,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-3409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nMozambique added to North Korea\u2019s top 10 trade partners in 2020: KOTRA - Mozambique<\/title>\n<meta name=\"description\" content=\"North Korea\u2019s annual trade plunged a whopping 73.4 percent in 2020 from a year earlier, as the country shut down its bor ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-added-to-north-koreas-top-10-trade-partners-in-2020-kotra\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mozambique added to North Korea\u2019s top 10 trade partners in 2020: KOTRA\" \/>\n<meta property=\"og:description\" content=\"North Korea\u2019s annual trade plunged a whopping 73.4 percent in 2020 from a year earlier, as the country shut down its bor ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-added-to-north-koreas-top-10-trade-partners-in-2020-kotra\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-29T16:49:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/07\/img-6102c693c22c1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"473\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-added-to-north-koreas-top-10-trade-partners-in-2020-kotra#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-added-to-north-koreas-top-10-trade-partners-in-2020-kotra\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Mozambique added to North Korea\u2019s top 10 trade partners in 2020: KOTRA\",\"datePublished\":\"2021-07-29T16:49:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-added-to-north-koreas-top-10-trade-partners-in-2020-kotra\"},\"wordCount\":229,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-added-to-north-koreas-top-10-trade-partners-in-2020-kotra#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/07\/img-6102c693c22c1.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-added-to-north-koreas-top-10-trade-partners-in-2020-kotra#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-added-to-north-koreas-top-10-trade-partners-in-2020-kotra\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-added-to-north-koreas-top-10-trade-partners-in-2020-kotra\",\"name\":\"Mozambique added to North Korea\u2019s top 10 trade partners in 2020: KOTRA - 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