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No Chinese oil product exports to North Korea in November


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No Chinese oil product exports to North Korea in November

China halted its oil product exports and slashed corn and rice exports to North Korea in November, amid fresh UN Security Council sanctions that include limiting oil product shipments to North Korea to 500,000 barrels a year, Reuters reported.

Data from China's General Administration of Customs showed that Beijing did not export any gasoline, jet fuel, diesel or fuel oil in the month. The country also did not import any iron ore, coal or lead from North Korea in November.

Exports of corn to North Korea declined 82% in the month from a year earlier, and rice exports dropped 64% to its lowest level since March. However, exports of liquefied petroleum gas and ethanol gained 58% and 82% year over year, respectively.

Meanwhile, China's trade with North Korea amounted to $388 million in November, one of the lowest monthly volumes in 2017.

North Korea on Nov. 29 test-fired an intercontinental ballistic missile capable of reaching the U.S. mainland.