South Korea: North Korea Food Grain Situation in MY 2015-2016

  |   Attaché Report (GAIN)

Based on data from the Democratic People’s Republic of Korea (DPRK) and United Nations agencies, the estimated net deficiency in food grains and other crops on a grain equivalent basis (potatoes and soybeans) increased dramatically from 29,000 metric tons in marketing year (MY) 2014/15 (November/October) to 392,000 metric tons in MY 2015/16. This estimated net shortage was primarily a result of lower rice production caused by drought and a continued trend in decreasing imports. Despite the food grain deficiency, food prices have remained relatively stable, which suggests the numbers here may not show a complete picture of food availability, as the total cross-border trade with China is difficult to estimate. While flooding occurred in August 2016, the effects will be seen in the potato crop for MY 2016/17. Although United Nations sanctions do not prohibit grain trade or humanitarian aid, the perceived increase in difficulty in doing business within the country has greatly limited the willingness of exporters and donors to focus on the North Korean market.

South Korea: North Korea Food Grain Situation in MY 2015-2016

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