How to export goods from North Korea?

The process of exporting goods from North Korea involves stringent licensing requirements, particularly due to the country’s complex regulatory framework. Traders seeking to engage in export activities must first obtain the appropriate licenses from designated government authorities.

What documents are required to import goods in North Korea?

At the outset, any entity seeking to import or export goods must ensure compliance with specific documentation requirements mandated by the North Korean government. These documents typically include a detailed application, invoices, packing lists, and certificates of origin, among others.

Why is it important to understand North Korea's import and export regulations?

Recognizing the unique nature of import and export regulations in North Korea is essential for effectively understanding the complexities involved in any trade-related endeavors with the country. is crucial for anyone looking to engage in import or export activities within the country.

How much does North Korea export?

Based on data from Trading Economics, North Korea’s exported goods represent 2.1% of total North Korean economic output–formally called its Gross Domestic Product (US$18.4 billion) on a purchasing power parity basis.

Does North Korea have import licensing requirements?

Understanding the import licensing process and requirements can enhance the likelihood of a successful trade venture in North Korea. The process of exporting goods from North Korea involves stringent licensing requirements, particularly due to the country’s complex regulatory framework.

What are North Korea's trade regulations?

This centralized system shapes the framework of North Korea’s trade policies, which are largely aimed at maintaining state control and protecting national security. In this context, trade regulations are not just administrative controls; they reflect the political and ideological priorities of the regime. As such, the