2023
Exports
$7MWorld Rnk 56 / 199
Flag Rnk 27 / 451
2023
PRODUCT COMPLEXITY IN Other Wood Articles
-0.37Rnk 659 / 1025
2023
Imports
$328kWorld Rnk 165 / 223
Flag Rnk 537 / 1030
2023
ECONOMIC COMPLEXITY of Papua New Guinea
-1.63Rnk 127 / 132

About

Exports In 2023, Papua New Guinea exported $7M in Other Wood Articles, making it the 56th largest exporter of Other Wood Articles in the world. At the same year, Other Wood Articles was the 27th most exported product in Papua New Guinea. The main destination of Other Wood Articles exports from Papua New Guinea are: China ($5.23M), United States ($1.77M), Bahrain ($3.28k), Belgium ($749), and Kenya ($252).

The fastest growing export markets for Other Wood Articles of Papua New Guinea between 2022 and 2023 were United States ($1.67M), Bahrain ($3.28k), and Kenya ($252).

Imports In 2023, Papua New Guinea imported $328k in Other Wood Articles, becoming the 165th largest importer of Other Wood Articles in the world. At the same year, Other Wood Articles was the 537th most imported product in Papua New Guinea. Papua New Guinea imports Other Wood Articles primarily from: China ($188k), Australia ($96.4k), Indonesia ($13.7k), New Zealand ($8.47k), and Singapore ($8.33k).

The fastest growing import markets in Other Wood Articles for Papua New Guinea between 2022 and 2023 were Australia ($73.3k), New Zealand ($8.23k), and Singapore ($6.24k).

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 Other Wood Articles. 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)$7M
IMPORTS (2023)$328k
NET TRADE (2023)$6.67M

In 2023, Papua New Guinea exported $7M in Other Wood Articles. The main destinations of Papua New Guinea exports on Other Wood Articles were China ($5.23M), United States ($1.77M), Bahrain ($3.28k), Belgium ($749), and Kenya ($252).

In 2023, Papua New Guinea imported $328k in Other Wood Articles, mainly from China ($188k), Australia ($96.4k), Indonesia ($13.7k), New Zealand ($8.47k), and Singapore ($8.33k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Wood Articles EXPORT MARKETS FOR Papua New Guinea WERE (2022 - 2023):
United States$1.67M (1.72k%)
Bahrain$3.28k (1%)
Kenya$252 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Wood Articles BY Papua New Guinea WERE (2022 - 2023):
China-$3.31M (-38.8%)
Australia-$4.05k (-100%)
Belgium-$2.5k (-77%)

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 Other Wood Articles were:
China $2.83B
In 2023, Papua New Guinea's main importing competitors in Other Wood Articles were:

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Trade Value of Other Wood Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $504k
TOP IMPORT POTENTIALChina+ $269k

Other Wood Articles’s highest export potential is China. With an export gap of $504k.   Other Wood Articles’s highest import potential is China with an import gap of $269k.

See methodology.

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