Key Market Indicators
North Korea's grain production is projected to rise to approximately 5.7 million metric tons by 2028, an increase from around 5.4 million metric tons in 2023. This marks an average annual growth rate of 0.7%. Historically, North Korea's grain supply has seen a significant uptick, with an average annual increase of 5.3% since 1966. In 2023, the country ranked 50th globally in grain production, narrowly trailing Syria, which also produced about 5.4 million metric tons. Leading the global rankings in grain production are the United States, India, and Brazil, occupying the second, third, and fourth positions, respectively.