2023
Exports
$904MWorld Rnk 16 / 111
Flag Rnk 3 / 451
falsefalse Japan
2023
PRODUCT COMPLEXITY IN Copper Ore
-1.95Rnk 994 / 1025
2023
Imports
$699kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2023
ECONOMIC COMPLEXITY of Papua New Guinea
-1.63Rnk 127 / 132

About

Exports In 2023, Papua New Guinea exported $904M in Copper Ore, making it the 16th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 3rd most exported product in Papua New Guinea. The main destination of Copper Ore exports from Papua New Guinea are: Japan ($343M), India ($174M), Philippines ($145M), Australia ($121M), and Germany ($59.9M).

The fastest growing export markets for Copper Ore of Papua New Guinea between 2022 and 2023 were Philippines ($145M), Australia ($121M), and Germany ($53.7M).

Imports In 2022, Papua New Guinea imported $699k in Copper Ore, becoming the 0th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 0th most imported product in Papua New Guinea. Papua New Guinea imports Copper Ore primarily from: N/A.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
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 Copper Ore. 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 (2023)$904M
IMPORTS (2022)$699k
NET TRADE (2023)$904M

In 2023, Papua New Guinea exported $904M in Copper Ore. The main destinations of Papua New Guinea exports on Copper Ore were Japan ($343M), India ($174M), Philippines ($145M), Australia ($121M), and Germany ($59.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Papua New Guinea WERE (2022 - 2023):
Philippines$145M (1%)
Australia$121M (1%)
Germany$53.7M (860%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Papua New Guinea WERE (2022 - 2023):
Japan-$289M (-45.7%)
South Korea-$101M (-100%)
Sweden-$16.5M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Papua New Guinea's main exporting competitors in Copper Ore were:
Chile $24.2B
Peru $19.9B
In 2023, Papua New Guinea's main importing competitors in Copper Ore were:

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $38.7M
TOP IMPORT POTENTIALIndonesia+ $2.54k

Copper Ore’s highest export potential is India. With an export gap of $38.7M.   Copper Ore’s highest import potential is Indonesia with an import gap of $2.54k.

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