2022
Exports
$1.29kWorld Rnk 146 / 161
Flag Rnk 331 / 473
2022
PRODUCT COMPLEXITY IN Metal Finishing Machines
1.51Rnk 48 / 1025
2022
Imports
$94.6kWorld Rnk 154 / 210
Flag Rnk 701 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $1.29k in Metal Finishing Machines, making it the 146th largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 331st most exported product in Papua New Guinea. The main destination of Metal Finishing Machines exports from Papua New Guinea are: Philippines ($1.29k).

The fastest growing export markets for Metal Finishing Machines of Papua New Guinea between 2021 and 2022 were Philippines ($1.29k).

Imports In 2022, Papua New Guinea imported $94.6k in Metal Finishing Machines, becoming the 154th largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 701st most imported product in Papua New Guinea. Papua New Guinea imports Metal Finishing Machines primarily from: Australia ($74.3k), China ($15.6k), Sweden ($2.67k), Singapore ($1.39k), and Chinese Taipei ($403).

The fastest growing import markets in Metal Finishing Machines for Papua New Guinea between 2021 and 2022 were Australia ($10.9k), Sweden ($2.67k), and Singapore ($870).

Latest Trends

Oct 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 Metal Finishing Machines. 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)$1.29k
IMPORTS (2022)$94.6k
NET TRADE (2022)-$93.3k

In 2022, Papua New Guinea exported $1.29k in Metal Finishing Machines. The main destinations of Papua New Guinea exports on Metal Finishing Machines were Philippines ($1.29k).

In 2022, Papua New Guinea imported $94.6k in Metal Finishing Machines, mainly from Australia ($74.3k), China ($15.6k), Sweden ($2.67k), Singapore ($1.39k), and Chinese Taipei ($403).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):Philippines$1.29k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Papua New Guinea WERE (2021 - 2022):
Australia-$7.12k (-100%)
Vietnam-$203 (-100%)

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 Metal Finishing Machines were:
In 2022, Papua New Guinea's main importing competitors in Metal Finishing Machines were:

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $503
TOP IMPORT POTENTIALChina+ $18.8k

Metal Finishing Machines’s highest export potential is China. With an export gap of $503.   Metal Finishing Machines’s highest import potential is China with an import gap of $18.8k.

See methodology.

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