2022
Exports
$1.12MWorld Rnk 112 / 185
Flag Rnk 51 / 473
falsefalse Philippines
2022
PRODUCT COMPLEXITY IN Large Construction Vehicles
0.88Rnk 219 / 1025
2022
Imports
$66.1MWorld Rnk 98 / 222
Flag Rnk 13 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $1.12M in Large Construction Vehicles, making it the 112th largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 51st most exported product in Papua New Guinea. The main destination of Large Construction Vehicles exports from Papua New Guinea are: Philippines ($594k), Australia ($280k), and Malaysia ($244k).

Imports In 2022, Papua New Guinea imported $66.1M in Large Construction Vehicles, becoming the 98th largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 13th most imported product in Papua New Guinea. Papua New Guinea imports Large Construction Vehicles primarily from: China ($26M), Australia ($11.5M), Malaysia ($10.2M), Thailand ($7.89M), and Japan ($5.15M).

The fastest growing import markets in Large Construction Vehicles for Papua New Guinea between 2021 and 2022 were China ($14.3M), Australia ($4.5M), and South Korea ($925k).

Latest Trends

Sep 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 Large Construction Vehicles. 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)$1.12M
IMPORTS (2022)$66.1M
NET TRADE (2022)-$65M

In 2022, Papua New Guinea exported $1.12M in Large Construction Vehicles. The main destinations of Papua New Guinea exports on Large Construction Vehicles were Philippines ($594k), Australia ($280k), and Malaysia ($244k).

In 2022, Papua New Guinea imported $66.1M in Large Construction Vehicles, mainly from China ($26M), Australia ($11.5M), Malaysia ($10.2M), Thailand ($7.89M), and Japan ($5.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY Papua New Guinea WERE (2021 - 2022):
Australia-$721k (-72%)
Solomon Islands-$163k (-100%)
Philippines-$125k (-17.4%)

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 Large Construction Vehicles were:
In 2022, Papua New Guinea's main importing competitors in Large Construction Vehicles were:

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Trade Value of Large Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALAustralia+ $216k
TOP IMPORT POTENTIALChina+ $4.2M

Large Construction Vehicles’s highest export potential is Australia. With an export gap of $216k.   Large Construction Vehicles’s highest import potential is China with an import gap of $4.2M.

See methodology.

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