2022
Exports
$6.72kWorld Rnk 149 / 167
Flag Rnk 247 / 473
2022
PRODUCT COMPLEXITY IN Recreational Boats
0.3Rnk 445 / 1025
2022
Imports
$3.2MWorld Rnk 113 / 217
Flag Rnk 246 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $6.72k in Recreational Boats, making it the 149th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 247th most exported product in Papua New Guinea. The main destination of Recreational Boats exports from Papua New Guinea are: Philippines ($6.72k).

The fastest growing export markets for Recreational Boats of Papua New Guinea between 2021 and 2022 were Philippines ($6.72k).

Imports In 2022, Papua New Guinea imported $3.2M in Recreational Boats, becoming the 113th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 246th most imported product in Papua New Guinea. Papua New Guinea imports Recreational Boats primarily from: Australia ($2.69M), China ($379k), United States ($123k), Hong Kong ($6.69k), and Malaysia ($5.02k).

The fastest growing import markets in Recreational Boats for Papua New Guinea between 2021 and 2022 were Australia ($627k), China ($132k), and United States ($122k).

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 Recreational Boats. 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)$6.72k
IMPORTS (2022)$3.2M
NET TRADE (2022)-$3.19M

In 2022, Papua New Guinea exported $6.72k in Recreational Boats. The main destinations of Papua New Guinea exports on Recreational Boats were Philippines ($6.72k).

In 2022, Papua New Guinea imported $3.2M in Recreational Boats, mainly from Australia ($2.69M), China ($379k), United States ($123k), Hong Kong ($6.69k), and Malaysia ($5.02k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):Philippines$6.72k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Papua New Guinea WERE (2021 - 2022):
Micronesia-$406k (-100%)
Solomon Islands-$84.2k (-100%)
Australia-$33.8k (-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 Recreational Boats were:
In 2022, Papua New Guinea's main importing competitors in Recreational Boats were:

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $598
TOP IMPORT POTENTIALChina+ $232k

Recreational Boats’s highest export potential is United States. With an export gap of $598.   Recreational Boats’s highest import potential is China with an import gap of $232k.

See methodology.

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