2023
Exports
$3.26kWorld Rnk 150 / 185
Flag Rnk 265 / 451
2023
PRODUCT COMPLEXITY IN Opto-Electric Instrument Parts
1.07Rnk 155 / 1025
2023
Imports
$399kWorld Rnk 126 / 215
Flag Rnk 505 / 1030
2023
ECONOMIC COMPLEXITY of Papua New Guinea
-1.63Rnk 127 / 132

About

Exports In 2023, Papua New Guinea exported $3.26k in Opto-Electric Instrument Parts, making it the 150th largest exporter of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 265th most exported product in Papua New Guinea. The main destination of Opto-Electric Instrument Parts exports from Papua New Guinea are: Philippines ($2.28k) and Netherlands ($984).

The fastest growing export markets for Opto-Electric Instrument Parts of Papua New Guinea between 2022 and 2023 were Philippines ($2.28k) and Netherlands ($984).

Imports In 2023, Papua New Guinea imported $399k in Opto-Electric Instrument Parts, becoming the 126th largest importer of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 505th most imported product in Papua New Guinea. Papua New Guinea imports Opto-Electric Instrument Parts primarily from: Singapore ($155k), Australia ($115k), Malaysia ($31.7k), China ($31.6k), and United Arab Emirates ($22.5k).

The fastest growing import markets in Opto-Electric Instrument Parts for Papua New Guinea between 2022 and 2023 were Singapore ($71.9k), Malaysia ($31.7k), and China ($30.8k).

Latest Trends

Jan 2025

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 Opto-Electric Instrument Parts. 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)$3.26k
IMPORTS (2023)$399k
NET TRADE (2023)-$396k

In 2023, Papua New Guinea exported $3.26k in Opto-Electric Instrument Parts. The main destinations of Papua New Guinea exports on Opto-Electric Instrument Parts were Philippines ($2.28k) and Netherlands ($984).

In 2023, Papua New Guinea imported $399k in Opto-Electric Instrument Parts, mainly from Singapore ($155k), Australia ($115k), Malaysia ($31.7k), China ($31.6k), and United Arab Emirates ($22.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Opto-Electric Instrument Parts EXPORT MARKETS FOR Papua New Guinea WERE (2022 - 2023):
Philippines$2.28k (1%)
Netherlands$984 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Opto-Electric Instrument Parts BY Papua New Guinea WERE (2022 - 2023):Senegal-$211 (-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 Opto-Electric Instrument Parts were:
In 2023, Papua New Guinea's main importing competitors in Opto-Electric Instrument Parts were:

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Trade Value of Opto-Electric Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $530
TOP IMPORT POTENTIALIndia+ $10.8k

Opto-Electric Instrument Parts’s highest export potential is United States. With an export gap of $530.   Opto-Electric Instrument Parts’s highest import potential is India with an import gap of $10.8k.

See methodology.

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