ProceduresGovernment

North Korea

Country

About North Korea

#permalink to section

The main sale from Mexico to North Korea in 2023 was Essential Oils (Terpeneless or Not), Including the 'Concrete' or 'Absolute'; Resinoids; Extracted Oleoresins; Concentrates of Essential Oils in Fats, Fixed Oils, Waxes or Similar Materials, Obtained by Enfleurage or Maceration; Terpenic Byproducts of the Deterpenation of Essential Oils; Aqueous Distillates and Aqueous Solutions of Essential Oils (US$318k). The main origins of sales to North Korea were Jalisco (US$318k), Ciudad de México (US$134k), and Baja California (US$7.07k).

The main product bought by Mexico from North Korea in 2023 was Acrylic Polymers in Primary Forms (US$104k). The main destinations of purchases made to North Korea were Ciudad de México (US$130k), Guanajuato (US$104k), and Chihuahua (US$36.1k).

Regarding remittances, in the second quarter of 2024, Mexico received US$0 in remittances from North Korea, while North Korea received US$278 in remittances from Mexico.

Commercial Exchange

#permalink to section

The icons show the percentage share of North Korea in Mexico's imports and exports, as well as the net trade balance between the two countries.

Data provided by Bank of Mexico.

Net International Exchange

#permalink to section

In July 2024, the international sales from Mexico to North Korea were US$0, while international purchases reached US$71.3k. The above results in a trade balance of -US$71.3k.

Annual International Trade

#permalink to section

The main sale from Mexico to North Korea in 2023 was Essential Oils (Terpeneless or Not), Including the 'Concrete' or 'Absolute'; Resinoids; Extracted Oleoresins; Concentrates of Essential Oils in Fats, Fixed Oils, Waxes or Similar Materials, Obtained by Enfleurage or Maceration; Terpenic Byproducts of the Deterpenation of Essential Oils; Aqueous Distillates and Aqueous Solutions of Essential Oils (US$318k). The main origins of sales to North Korea were Jalisco (US$318k), Ciudad de México (US$134k), and Baja California (US$7.07k).

The main product bought by Mexico from North Korea in 2023 was Acrylic Polymers in Primary Forms (US$104k). The main destinations of purchases made to North Korea were Ciudad de México (US$130k), Guanajuato (US$104k), and Chihuahua (US$36.1k).

Monthly International Trade

#permalink to section

The main product bought by Mexico from North Korea in July 2024 was Carboxyamide Function; Amide Compounds with Carbonic Acid Function (US$68.6k). The main destinations of purchases made to North Korea were Ciudad de México (US$69.6k), Baja California (US$932), and San Luis Potosí (US$501).

Net Trade Balance

#permalink to section

In 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Jalisco (US$318k), Ciudad de México (US$4.03k), and Durango (-US$1).

Evolution of the Amount of Remittances

#permalink to section

The chart compares the evolution of remittances sent from Mexico to North Korea and the remittances that Mexico receives from North Korea.

In the second quarter of 2024, Mexico received US$0 in remittances from North Korea, while North Korea received US$278 in remittances from Mexico.