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North Korea

Country Information Export Development Canada
  1. North Korea
  2. Country and Market Info

Evaluating the market in North Korea

We can help you get a better understanding of market activity, relationships and support to grow your business.

EDC Position

EDC Country Position - Closed

Closed

What this means:

  • Not pursuing business at this time
  • No EDC solutions are available in this market

How does EDC determine the position?

EDC takes the following into account when determining the position in a given market:

  • Government of Canada restrictions
  • Political, human rights and corruption risks
  • Other factors that may be taken into consideration are: size of the economy, diversification of the economy, risk of natural disasters
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Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.
 

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Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.
 



Read the latest Government of Canada travel advisory for this market.
 

 

 

Business environment in North Korea

The Canadian government has imposed additional sanctions against North Korea under the Special Economic Measures Act. These sanctions supplement existing sanctions passed under the United Nations Act. EDC adheres to these sanctions and does not conduct business activities with and in North Korea.

We understand opportunity

With our knowledge and solutions, you can take on the world knowing that we've got your back.

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Interested in growing your business in this market?

Speak to a Trade Advisor weekdays between 9 am to 5 pm EST.

1-888-220-0047

Or send us a question and we'll get back to you as soon as possible. Send a question

Date modified: 2018-05-14

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