2022
Exports
$72kWorld Rnk 90 / 157
Flag Rnk 140 / 473
2022
PRODUCT COMPLEXITY IN Silicone
1.72Rnk 20 / 1025
2022
Imports
$398kWorld Rnk 133 / 215
Flag Rnk 515 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $72k in Silicone, making it the 90th largest exporter of Silicone in the world. At the same year, Silicone was the 140th most exported product in Papua New Guinea. The main destination of Silicone exports from Papua New Guinea are: Singapore ($72k).

The fastest growing export markets for Silicone of Papua New Guinea between 2021 and 2022 were Singapore ($72k).

Imports In 2022, Papua New Guinea imported $398k in Silicone, becoming the 133rd largest importer of Silicone in the world. At the same year, Silicone was the 515th most imported product in Papua New Guinea. Papua New Guinea imports Silicone primarily from: Australia ($347k), Singapore ($17.1k), Malaysia ($11.9k), United Kingdom ($11.6k), and Japan ($9.04k).

The fastest growing import markets in Silicone for Papua New Guinea between 2021 and 2022 were Japan ($9.02k) and United Kingdom ($2.42k).

Latest Trends

Jul 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 Silicone. 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)$72k
IMPORTS (2022)$398k
NET TRADE (2022)-$326k

In 2022, Papua New Guinea exported $72k in Silicone. The main destinations of Papua New Guinea exports on Silicone were Singapore ($72k).

In 2022, Papua New Guinea imported $398k in Silicone, mainly from Australia ($347k), Singapore ($17.1k), Malaysia ($11.9k), United Kingdom ($11.6k), and Japan ($9.04k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):Singapore$72k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Papua New Guinea WERE (2021 - 2022):Indonesia-$10 (-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 Silicone were:
In 2022, Papua New Guinea's main importing competitors in Silicone were:

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $12.3k
TOP IMPORT POTENTIALJapan+ $20.8k

Silicone’s highest export potential is Singapore. With an export gap of $12.3k.   Silicone’s highest import potential is Japan with an import gap of $20.8k.

See methodology.

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