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2021
Exports $1World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Petroleum Resins1.53Rnk 46 / 1025
2021
Imports $199kWorld Rnk 138 / 197
Flag Rnk 614 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea-1.53Rnk 125 / 133

About

Imports In 2022, Papua New Guinea imported $199k in Petroleum Resins, becoming the 138th largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 614th most imported product in Papua New Guinea. Papua New Guinea imports Petroleum Resins primarily from: Australia ($108k), Germany ($56.7k), China ($34.4k), and Singapore ($295).

The fastest growing import markets in Petroleum Resins for Papua New Guinea between 2021 and 2022 were Australia ($70.8k) and Germany ($25.6k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Petroleum Resins. 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 (2021)$1
IMPORTS (2022)$199k
NET TRADE (2022)-$199k

In 2022, Papua New Guinea imported $199k in Petroleum Resins, mainly from Australia ($108k), Germany ($56.7k), China ($34.4k), and Singapore ($295).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Papua New Guinea WERE (N/A - 2021):Australia-$1 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
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In 2022, Papua New Guinea's main exporting competitors in Petroleum Resins were:
United States $1.31B
China $1.28B
Germany $1.24B
In 2022, Papua New Guinea's main importing competitors in Petroleum Resins were:
China $901M
United States $662M
Germany $510M

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Trade Value of Petroleum Resins by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $544
TOP IMPORT POTENTIALChina+ $47.7k

Petroleum Resins’s highest export potential is China. With an export gap of $544.   Petroleum Resins’s highest import potential is China with an import gap of $47.7k.

See methodology.

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