Decline in the DPRK's Anthracite Export to China: Causes and Implications

KDI FOCUS June 5, 2015

10 Pages Posted: 21 Apr 2016

See all articles by Jong-Kyu Lee

Jong-Kyu Lee

Korea Development Institute (KDI) - Department of North Korean Economy

Date Written: June 5, 2015

Abstract

North Korea’s anthracite export to China, which represents more than 40% of its total exports, is experiencing fall outs from a downturn in export unit prices, China’s dwindling steel industry, the Chinese government’s restructuring plans for the steel industry, and strengthened environmental regulations. The time has come for North Korea to reshape its external trade structure which has persevered since the May 24 measures. In recognition of this, the South Korean government now needs to consider flexible North Korea policies which will provide incentives for the North Korean economy.

Suggested Citation

Lee, Jong-Kyu, Decline in the DPRK's Anthracite Export to China: Causes and Implications (June 5, 2015). KDI FOCUS June 5, 2015, Available at SSRN: https://ssrn.com/abstract=2767415

Jong-Kyu Lee (Contact Author)

Korea Development Institute (KDI) - Department of North Korean Economy ( email )

15 (Bangok-dong, Korea Development Institute)
Giljae-gil, Sejong-si 339-007
United States

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