North Korea’s exports to the People’s Republic of China in the first half of this year have surpassed pre-COVID-19 levels.
According to an analysis of Chinese customs statistics, North Korea’s exports to the People’s Republic of China in the first half of this year totaled $135 million (KRW 170 billion), a 275% increase from the same period last year and a 24.6% increase compared to the first half of 2019, before the COVID-19 outbreak.
Notably, wigs and false eyelashes accounted for 65% of North Korea’s total exports to South Korea in May.
North Korea imports raw materials for wigs and other products from China’s Dandong, North Korea’s largest trade hub, and then processes them into finished products for re-export.
Meanwhile, North Korea’s cumulative trade with China in the first half of this year amounted to $1.057 billion, or about 1.3 trillion won, up 211 percent from the same period last year and up 84 percent from the first half of 2019.
Among them, North Korea’s imports amounted to $920.74 million, 카지노사이트넷 or about 1.2 trillion won, up 204% compared to the same period last year, and recovered to the 80% level compared to the first half of 2019.