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China's exports to North Korea spike to 6-month high in March: Details here

China's exports to North Korea in March rose to a six-month high, with outbound shipments to its neighbour that month nearly 400 times more than January-February combined

Trade

Reuters BEIJING

BEIJING (Reuters) - China's exports to North Korea in March rose to a six-month high, with outbound shipments to its neighbour that month nearly 400 times more than January-February combined, in a sign of easing border restrictions imposed due to COVID-19.

China exported $12.978 million of goods to North Korea in March, up from $3,000 in February and $33,000 in the first two months, according to Chinese customs data released on Sunday.

The shipments in March were the highest by value since $18.882 million in September last year.

China imported $1.308 million of North Korean goods in March compared with $1.75 million in February.

 

Early last year, North Korea banned almost all cross-border travel, and some countries including Britain, France and Germany withdrew their local representatives.

 

(Reporting by Ryan Woo and Lusha Zhang; Editing by Jacqueline Wong)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Apr 19 2021 | 8:20 AM IST

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