Number: RL32493
Title: The North Korean Economy: Leverage and Policy Analysis
Authors: Dick K. Nanto and Emma Chanlett-Avery, Foreign Affairs, Defense, and Trade Division 
Abstract: North Korea has extensive trading relationships with China and South Korea and more limited trade with Russia. Because of economic sanctions U.S. and Japanese trade with North Korea in 2006 and 2007 was virtually nil. The DPRK has been running an estimated $1.5 billion deficit per year in its international trade accounts that it funds primarily through receipts of foreign assistance and foreign investment as well as through various questionable activities.
Pages: 60
Date: August 26, 2008