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Largest energy importers threatened by rising North Korean tensions

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Report summary

North Korea's increased military activity in March 2017 appears to be escalating security risks across North East Asia. US military intervention remains an outlier scenario but as the neighbouring countries China Japan and South Korea are the world's largest energy importers any disruption to regional trade flows through actual or even threatened armed conflict could have significant knock on impacts across the energy industry. Wood Mackenzie data taken from our Upstream Service Product Market Service LNG Tool and Coal Market Service quantifies and frames the energy risks at stake.

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  • North East Asian Energy Infrastructure Map

Tables

  • 2016 Imports versus % of Global Trade by Commodity

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