2023
Exports
$81.9MWorld Rnk 31 / 136
Flag Rnk 15 / 451
falsefalse Australia
2023
PRODUCT COMPLEXITY IN Silver
-0.85Rnk 794 / 1025
2023
Imports
$1.77kWorld Rnk 161 / 179
Flag Rnk 963 / 1030
2023
ECONOMIC COMPLEXITY of Papua New Guinea
-1.63Rnk 127 / 132

About

Exports In 2023, Papua New Guinea exported $81.9M in Silver, making it the 31st largest exporter of Silver in the world. At the same year, Silver was the 15th most exported product in Papua New Guinea. The main destination of Silver exports from Papua New Guinea are: Australia ($81.9M).

The fastest growing export markets for Silver of Papua New Guinea between 2022 and 2023 were Australia ($37.2M).

Imports In 2023, Papua New Guinea imported $1.77k in Silver, becoming the 161st largest importer of Silver in the world. At the same year, Silver was the 963rd most imported product in Papua New Guinea. Papua New Guinea imports Silver primarily from: Australia ($1.77k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$81.9M
IMPORTS (2023)$1.77k
NET TRADE (2023)$81.9M

In 2023, Papua New Guinea exported $81.9M in Silver. The main destinations of Papua New Guinea exports on Silver were Australia ($81.9M).

In 2023, Papua New Guinea imported $1.77k in Silver, mainly from Australia ($1.77k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Papua New Guinea WERE (2022 - 2023):Australia$37.2M (83.1%)

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 Silver were:
In 2023, Papua New Guinea's main importing competitors in Silver were:

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.61k
TOP IMPORT POTENTIALItaly+ $7.54k

Silver’s highest export potential is United States. With an export gap of $5.61k.   Silver’s highest import potential is Italy with an import gap of $7.54k.

See methodology.

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