2022
Exports
$104kWorld Rnk 42 / 80
Flag Rnk 118 / 473
falsefalse Japan
2022
Imports
$225World Rnk 140 / 154
Flag Rnk 991 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $104k in Animal Extracts, making it the 42nd largest exporter of Animal Extracts in the world. At the same year, Animal Extracts was the 118th most exported product in Papua New Guinea. The main destination of Animal Extracts exports from Papua New Guinea are: Japan ($104k).

Imports In 2022, Papua New Guinea imported $225 in Animal Extracts, becoming the 140th largest importer of Animal Extracts in the world. At the same year, Animal Extracts was the 991st most imported product in Papua New Guinea. Papua New Guinea imports Animal Extracts primarily from: Australia ($225).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Animal Extracts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$104k
IMPORTS (2022)$225
NET TRADE (2022)$104k

In 2022, Papua New Guinea exported $104k in Animal Extracts. The main destinations of Papua New Guinea exports on Animal Extracts were Japan ($104k).

In 2022, Papua New Guinea imported $225 in Animal Extracts, mainly from Australia ($225).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Extracts BY Papua New Guinea WERE (2021 - 2022):
New Zealand-$39.8k (-100%)
Japan-$22.7k (-17.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Papua New Guinea's main exporting competitors in Animal Extracts were:
In 2022, Papua New Guinea's main importing competitors in Animal Extracts were:

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Trade Value of Animal Extracts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALJapan+ $18.7k
TOP IMPORT POTENTIALChina+ $276

Animal Extracts’s highest export potential is Japan. With an export gap of $18.7k.   Animal Extracts’s highest import potential is China with an import gap of $276.

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