Chinese Government donates 220,074.36 metric tons of maize in 2012

$60.06M USD

Funder	China Ministry of Commerce
Recipient Organization	Government of North Korea
Country	Democratic People's Republic of Korea
Start Date	Jan 01, 2012
End Date	Sep 15, 2029
Duration	6,467 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`86357`

Grant Description

According to Chinese Government reporting to the World Food Program’s International Food Aid Information System (INTERFAIS), the Chinese Government donated and delivered 220,074.36 metric tons of maize (in 2 separate deliveries of 220,000 tons and 74.36 tons) to North Korea in 2012.

To estimate the monetary value of the maize donation ($60,062,694.33), AidData takes the international price of a ton of maize in January 2012 ($272.92) and multiplies it by 220,074.36 tons.

📚 Sources & References

Global price of Corn (PMAIZMTUSDM)
Food Aid Information System - FAIS Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.