China's imports from North Korea sink below $100 million as coal ban bites

Reuters News
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Posted: May 22, 2017 11:19 PM

BEIJING (Reuters) - China's imports of North Korean goods fell below $100 million to fresh multi-year lows in April, accelerating a months-long decline after China halted coal shipments from its isolated neighbor, data showed on Tuesday.

The world's second-largest economy brought in $99.3 million worth of goods from North Korea, the lowest since at least June 2014. That compares with $114.6 million in March and $167.7 million a year earlier.

The value of imports has fallen month-on-month since December, data from the General Administration of Customs showed.

China's exports to North Korea eased to $288.2 million in April, down 12 percent from March. Year-to-date, exports were up 32 percent at $1 billion.

(Reporting by Josephine Mason; Editing by Richard Pullin)