2022
Exports
$8.16MWorld Rnk 55 / 203
Flag Rnk 24 / 473
2022
PRODUCT COMPLEXITY IN Other Wood Articles
-0.26Rnk 632 / 1025
2022
Imports
$647kWorld Rnk 138 / 225
Flag Rnk 448 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $8.16M in Other Wood Articles, making it the 55th largest exporter of Other Wood Articles in the world. At the same year, Other Wood Articles was the 24th most exported product in Papua New Guinea. The main destination of Other Wood Articles exports from Papua New Guinea are: China ($8.05M), United States ($96.8k), Australia ($3.85k), Belgium ($3.03k), and France ($1.92k).

The fastest growing export markets for Other Wood Articles of Papua New Guinea between 2021 and 2022 were Australia ($3.83k), France ($1.26k), and Fiji ($160).

Imports In 2022, Papua New Guinea imported $647k in Other Wood Articles, becoming the 138th largest importer of Other Wood Articles in the world. At the same year, Other Wood Articles was the 448th most imported product in Papua New Guinea. Papua New Guinea imports Other Wood Articles primarily from: China ($563k), Indonesia ($28.3k), Australia ($23.1k), Chinese Taipei ($17.6k), and Philippines ($7.68k).

The fastest growing import markets in Other Wood Articles for Papua New Guinea between 2021 and 2022 were China ($272k), Chinese Taipei ($16.2k), and India ($2.56k).

Latest Trends

Aug 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 (2022)$8.16M
IMPORTS (2022)$647k
NET TRADE (2022)$7.51M

In 2022, Papua New Guinea exported $8.16M in Other Wood Articles. The main destinations of Papua New Guinea exports on Other Wood Articles were China ($8.05M), United States ($96.8k), Australia ($3.85k), Belgium ($3.03k), and France ($1.92k).

In 2022, Papua New Guinea imported $647k in Other Wood Articles, mainly from China ($563k), Indonesia ($28.3k), Australia ($23.1k), Chinese Taipei ($17.6k), and Philippines ($7.68k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Wood Articles EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):
Australia$3.83k (16k%)
France$1.26k (192%)
Fiji$160 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Wood Articles BY Papua New Guinea WERE (2021 - 2022):
China-$1.52M (-15.8%)
Spain-$236k (-100%)
United States-$39.5k (-29%)

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 Other Wood Articles were:
China $4.03B
In 2022, 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
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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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