July 23, 2018 / 2:59 AM / 3 months ago

China H1 total trade with North Korea slumps 56 pct y/y in dollar terms - customs

BEIJING, July 23 (Reuters) - The value of China’s trade with North Korea in the first half of 2018 tumbled 56.1 percent from a year earlier to $1.1 billion, customs data showed on Monday.

In the same period, imports from North Korea dropped sharply by 87.9 percent on-year to $107.3 million, while exports were down 38.8 percent to $997.3 million.

China’s June total trade with North Korea was valued at $217.16 million, down from $230.87 million in the previous month.

China’s exports to North Korea were $204.19 million in June while imports from North Korea were $12.97 million, the data showed.

Reporting by Beijing Monitoring Desk Editing by Shri Navaratnam

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