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N. Korea-China trade jumps 62 pct in 2011: data
SEOUL, Jan. 31 (Yonhap) -- Two-way trade between North Korea and China jumped 62 percent in 2011 from the previous year, with the North doubling its exports of minerals to its major ally, data showed Tuesday.

   According to figures compiled by the Korea International Trade Association (KITA), the value of bilateral trade reached US$5.63 billion last year, up 62.5 percent from $3.46 billion in 2010.

   North Korean exports to China reached $2.46 billion, an increase of 107.4 percent from the previous year, while imports grew 38.9 percent to $3.17 billion, the data showed.

   The jump in North Korean exports was attributed to a large increase in sales of mineral resources, including coal and iron ore, while the North's imports consisted mainly of crude oil, the KITA said.

   hague@yna.co.kr
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