The total GDP of the city of Dandong is CN¥89.07 billion ($15.81 billion) in the year 2022. The GDP per capita of the city of Dandong is CN¥41,730 ($6,549) in 2022. A substantial portion of North Korea's international trade, both legal and illegal, passes through Dandong and Sinuiju, across the Yalu River in North Korea. China handles roughly 40% of North Korea's worldwide export trade ($1.58 of US$4 billion) and roughly half of the bilateral commerce with China goes through Dandong which imports $468 million [USD worth of product], according to its
Ministry of Commerce. Dandong's annual resident per capita wage income for 2004 was somewhere between ¥9,500 and ¥12,237 RMB and the city's GDP was US$3.77 billion. Dandong is widely known in China for producing the
Dandong Yellow Sea brand buses. The port of Dandong is being developed into the second major international logistics centre of Liaoning and has become a notable alternative to the port of
Dalian. The city had "5.86 million tourists" in 2004, of which 16,000 of those travelled into North Korea; another 81,000 of those were from overseas and contributed US$27.54 million to the economy. During 2004, "the total tourism income was 4.02 billion Yuan [RMB]," and this was an increase of almost 33% from the previous year. Memory cards and teddy bears are among the most popular items for North Koreans shopping in Dandong.
Development zones Dandong Border Economic Corporation Zone was approved as a national-level development zone in 1992. It is located on the bank of Yalu River, opposite the North Korean city of Sinuiju. It encourages the following industries: electronic information, machine manufacturing, biopharmaceuticals, among others.
Dandong Qianyang Economic Development Zone was first approved by Dandong City as a Special Economic Zone, in 1994 by Liaoning Province as Liaoning Dandong Qianyang Economic Development Zone (LDQEDZ). In July 2009, the development of the
Liaoning Coastal Economic Belt was listed as a national strategy. Qianyang Town, situated at the eastern tip of the Belt is now an important component of Dandong's coastal development, and has an opportunity to demonstrate its strategic position. ==Infrastructure==