U.S. Imports of Goods by Customs Basis from North Korea
IMP5790 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1992 - 6/1/2025
Summary
This economic trend measures the value of goods imported into the U.S. from North Korea on a customs basis. It provides insight into trade flows between the two countries and can inform policymakers on the impacts of economic sanctions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The U.S. Imports of Goods by Customs Basis from North Korea series tracks the monetary value of physical goods and products imported into the United States from North Korea. This data point is used by economists and policymakers to analyze the state of trade relations and the effectiveness of economic policies between the two nations.
Methodology
The data is collected by the U.S. Census Bureau through tracking customs declarations and transactions.
Historical Context
This economic indicator is relevant for assessing the impact of trade policies and sanctions between the U.S. and North Korea.
Key Facts
- U.S. imports from North Korea were last recorded at $0 in 2019.
- Trade between the U.S. and North Korea is highly restricted due to sanctions.
- This data series dates back to 1989.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods imported into the United States from North Korea on a customs basis.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the state of trade relations and the impacts of economic sanctions between the U.S. and North Korea.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through tracking customs declarations and transactions.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers and economists to assess the effectiveness of trade policies and economic sanctions between the two countries.
Q: Are there update delays or limitations?
A: There may be delays in reporting or limitations due to the highly restricted nature of trade between the U.S. and North Korea.
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Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from North Korea (IMP5790), retrieved from FRED.