September 30, 2011

North Korea imports more grains from China

A report shows that North Korea has greatly increased its grain imports from China in August.

According to an analysis by Korea Rural Economic Institute Vice-President Kwon Tae-jin, North Korea imported 47,000 tonnes of grains in August.

This is an increase by 147% from the 19,000 tonnes in July. It is also 186% more than the 16,000 tonnes in August last year. North Korea's grain import from China in August is its second-highest grain import volume this year.

Kwon said it appears North Korea is drastically increasing grain import in August ahead of the fall harvest due to low grain inventories.