Significant decrease in China-North Korea trade value.North Korea hit by foreign currency.
According to trade statistics released by the Chinese government, the value of imports from North Korea in January and last month was reduced by more than 70% compared to the same time last year, and the effects of the new coronavirus Logistics movements between the two countries have slowed, revealing that North Korea has been hit hard by foreign currency acquisition.
Chinese customs officials once again released trade statistics for January and last month, indicating that imports from North Korea were $ 10.67 million, 71.9% lower than at the same time in the previous year, and about 1.17 billion yen in Japanese yen. It was a circle.
Exports to North Korea were $ 197.39 million, or 23.2% less than at the same time of the previous year, or approximately ¥ 21.78 billion in Japanese yen.
In order to prevent the influx of the new coronavirus, North Korea has slowed its logistics movements between China and China for about two months, such as suspending trains and air services. Significant reductions in the amount have also revealed statistically that North Korea has been hit by foreign currency.
In a statement posted this month on a state-run website, North Korea said, `` It's not everyone who can decide to take quarantine measures, despite devastating economic losses, to prevent the influx of viruses. '' He praised Kim Jong-un, chairman of the Korean Labor Party, but said that the economic consequences would be inevitable.