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2021
Exports $1.78kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Granite-1.39Rnk 929 / 1025
2021
Imports $45.5kWorld Rnk 143 / 197
Flag Rnk 776 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea-1.53Rnk 125 / 133

About

Imports In 2022, Papua New Guinea imported $45.5k in Granite, becoming the 143rd largest importer of Granite in the world. At the same year, Granite was the 776th most imported product in Papua New Guinea. Papua New Guinea imports Granite primarily from: Australia ($45.5k).

The fastest growing import markets in Granite for Papua New Guinea between 2021 and 2022 were Australia ($21.8k).

Latest Trends

Jul 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 Granite. 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 (2021)$1.78k
IMPORTS (2022)$45.5k
NET TRADE (2022)-$45.5k

In 2022, Papua New Guinea imported $45.5k in Granite, mainly from Australia ($45.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Granite BY Papua New Guinea WERE (N/A - 2021):Singapore-$1.78k (-100%)
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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 Granite were:
India $718M
Brazil $173M
Norway $131M
In 2022, Papua New Guinea's main importing competitors in Granite were:
China $720M
Italy $177M
United Kingdom $96.3M

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Trade Value of Granite by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $561
TOP IMPORT POTENTIALIndia+ $1.05k

Granite’s highest export potential is China. With an export gap of $561.   Granite’s highest import potential is India with an import gap of $1.05k.

See methodology.

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