2021
Exports
$2.32kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2021
Imports
$16.9kWorld Rnk 128 / 178
Flag Rnk 857 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Imports In 2022, Papua New Guinea imported $16.9k in Turpentine, becoming the 128th largest importer of Turpentine in the world. At the same year, Turpentine was the 857th most imported product in Papua New Guinea. Papua New Guinea imports Turpentine primarily from: Australia ($13.7k) and Singapore ($3.19k).

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 Turpentine. 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)$2.32k
IMPORTS (2022)$16.9k
NET TRADE (2022)-$16.9k

In 2022, Papua New Guinea imported $16.9k in Turpentine, mainly from Australia ($13.7k) and Singapore ($3.19k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Turpentine BY Papua New Guinea WERE (N/A - 2021):Solomon Islands-$2.32k (-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 Turpentine were:
In 2022, Papua New Guinea's main importing competitors in Turpentine were:

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Trade Value of Turpentine by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $476
TOP IMPORT POTENTIALIndonesia+ $703

Turpentine’s highest export potential is India. With an export gap of $476.   Turpentine’s highest import potential is Indonesia with an import gap of $703.

See methodology.

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