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Canada-Democratic People's Republic of Korea fact sheet

Official Title:
Democratic People’s Republic of Korea

General Information

Capital: Pyongyang
Population (million): .00
Total Area: 120,540km2
Currency: 1 CAN$ = 682.41 NK Won (KPW) (2020- Annual average)
National Holiday: Foundation Day, 9 September (1948)
Language(s): Korean

Political Information

Type of State:
Communist state

Type of Government:
One party rule, based on ideology of "Juche" (self-reliance).

Head of State:
Chairman of the State Affairs Commission KIM Jong Un

Head of Government:
Premier KIM Tok-hun

Ministers:
Foreign Affairs: RI Son-gwon

Main Political Parties:
Korean Workers’ Party (KWP) Note: In 2011, the Government of Canada imposed autonomous economic sanctions against North Korea under the Special Economic Measures Act, including an import and export ban. The exports/imports statistics are a reflection of some exceptions made for the provision of humanitarian goods.

Elections:
Last in March 2019.

Economic Information (2019)

Comparative figures
Type Dem. People’s Rep. of Korea Canada
GDP: ($ billion) .00 2,277.52
GDP per capita: ($) .00 60,806.37
GDP growth rate: (%) 0 1.64
Inflation: (%) 0 1.95
Unemployment: (%) 0 5.67

Source: IMF (estimates)

Product Trade and Investment (2020)

Canadian exports to country: $
Canadian imports from country: $118,422
FDI in Canada (2019): $ million
CDI in the country (2019): $ million

Source: Statistics Canada

Representation

Foreign Representation in Canada:
n/a

Canadian Representation Abroad:
n/a

Please note that all statistics reflect Canadian dollars, with some figures reflecting the yearly averages for the year. If listed as ’0’ or absent, the figure is unavailable.

Bilateral Product trade
Canada - Dem. People’s Rep. of Korea
Year Exports Imports
2016 $ $67,593
2017 $231,739 $109,698
2018 $136,400 $42,592
2019 $ $177,978
2020 $ $118,422
21 HS Sections (2020)
Canada - Dem. People’s Rep. of Korea
Section Exports Imports
01 Animal & Prod. $ $
02 Veg. Prod. $ $198
03 Fats, Oils & Waxes Prod. $ $
04 Food Prod. $ $17,270
05 Mineral Prod. $ $
06 Chemical Prod. $ $294
07 Plastics, Rubber Prod. $ $436
08 Leather, Fur Prod. $ $150
09 Wood Prod. $ $
10 Paper Prod. $ $1,964
11 Textiles Prod. $ $3,682
12 Dress Access. $ $
13 Glass & Stone Prod. $ $151
14 Precious Metals/stones $ $
15 Base Metal Prod. $ $12,480
16 Mach. Mech. Elec. Prod. $ $26,999
17 Vehicles and Equip. $ $
18 Specialized Inst. $ $7
19 Arms & Ammunition $ $
20 Misc. Articles $ $463
21 Antiques $ $


March 2021
Sources include: Statistics Canada, IMF

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