2022
Exports
$28.2kWorld Rnk 78 / 112
Flag Rnk 177 / 473
2022
PRODUCT COMPLEXITY IN Soapstone
-0.16Rnk 602 / 1025
2022
Imports
$17.9kWorld Rnk 153 / 195
Flag Rnk 852 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $28.2k in Soapstone, making it the 78th largest exporter of Soapstone in the world. At the same year, Soapstone was the 177th most exported product in Papua New Guinea. The main destination of Soapstone exports from Papua New Guinea are: Singapore ($28.2k).

The fastest growing export markets for Soapstone of Papua New Guinea between N/A and 2022 were Singapore ($28.2k).

Imports In 2022, Papua New Guinea imported $17.9k in Soapstone, becoming the 153rd largest importer of Soapstone in the world. At the same year, Soapstone was the 852nd most imported product in Papua New Guinea. Papua New Guinea imports Soapstone primarily from: Australia ($13.7k), China ($3.69k), and Singapore ($546).

The fastest growing import markets in Soapstone for Papua New Guinea between 2021 and 2022 were China ($3.69k) and Singapore ($265).

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 Soapstone. 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)$28.2k
IMPORTS (2022)$17.9k
NET TRADE (2022)$10.2k

In 2022, Papua New Guinea exported $28.2k in Soapstone. The main destinations of Papua New Guinea exports on Soapstone were Singapore ($28.2k).

In 2022, Papua New Guinea imported $17.9k in Soapstone, mainly from Australia ($13.7k), China ($3.69k), and Singapore ($546).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soapstone EXPORT MARKETS FOR Papua New Guinea WERE (N/A - 2022):Singapore$28.2k (1%)

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 Soapstone were:
In 2022, Papua New Guinea's main importing competitors in Soapstone were:

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Trade Value of Soapstone by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $898
TOP IMPORT POTENTIALChina+ $5.34k

Soapstone’s highest export potential is United States. With an export gap of $898.   Soapstone’s highest import potential is China with an import gap of $5.34k.

See methodology.

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