Patterns of international trade and the industrial-led economic development of North Korea

Research output: Contribution to journalArticlepeer-review

5 Scopus citations


This article analyses the evolution of patterns of international trade and their role in the industrial-led economic development of North Korea. North Korea adhered to a strategy of building a ‘self-sufficient national economy’ until the 1980s. Its international trade depends heavily on China and South Korea. The share of natural resources in North Korea’s exports to China has recently increased. Inter-Korean trade has contributed to improvements in the trade balance and industrialisation of North Korea, which can be contrasted with the pattern of North Korea’s exports to China, i.e. the dominance of primary products. The economic sanctions regime against North Korea implemented by the United Nations has significantly reduced the country’s foreign exchange earnings. They are unlikely to be effective in affecting North Korea’s rate of economic growth in the short term, but could constrain industrial-led economic development in the long term.

Original languageEnglish
Pages (from-to)820-834
Number of pages15
JournalPost-Communist Economies
Issue number6
StatePublished - 2 Nov 2018

Bibliographical note

Publisher Copyright:
© 2018, © 2018 Informa UK Limited, trading as Taylor & Francis Group.


  • International trade
  • North Korea
  • economic development


Dive into the research topics of 'Patterns of international trade and the industrial-led economic development of North Korea'. Together they form a unique fingerprint.

Cite this