2023
Exports
$975World Rnk 110 / 135
Flag Rnk 320 / 451
2023
Imports
$19kWorld Rnk 136 / 193
Flag Rnk 848 / 1030
2023
ECONOMIC COMPLEXITY of Papua New Guinea
-1.63Rnk 127 / 132

About

Exports In 2023, Papua New Guinea exported $975 in Wood Stakes, making it the 110th largest exporter of Wood Stakes in the world. At the same year, Wood Stakes was the 320th most exported product in Papua New Guinea. The main destination of Wood Stakes exports from Papua New Guinea are: Indonesia ($975).

The fastest growing export markets for Wood Stakes of Papua New Guinea between N/A and 2023 were Indonesia ($975).

Imports In 2023, Papua New Guinea imported $19k in Wood Stakes, becoming the 136th largest importer of Wood Stakes in the world. At the same year, Wood Stakes was the 848th most imported product in Papua New Guinea. Papua New Guinea imports Wood Stakes primarily from: China ($9.74k) and Australia ($9.22k).

The fastest growing import markets in Wood Stakes for Papua New Guinea between 2022 and 2023 were Australia ($9.22k).

Latest Trends

Dec 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 Wood Stakes. 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 (2023)$975
IMPORTS (2023)$19k
NET TRADE (2023)-$18k

In 2023, Papua New Guinea exported $975 in Wood Stakes. The main destinations of Papua New Guinea exports on Wood Stakes were Indonesia ($975).

In 2023, Papua New Guinea imported $19k in Wood Stakes, mainly from China ($9.74k) and Australia ($9.22k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wood Stakes EXPORT MARKETS FOR Papua New Guinea WERE (N/A - 2023):Indonesia$975 (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 Wood Stakes were:
Poland $35.4M
Latvia $31.6M
Hungary $22.2M
In 2023, Papua New Guinea's main importing competitors in Wood Stakes were:

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Trade Value of Wood Stakes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $324
TOP IMPORT POTENTIALChina+ $448

Wood Stakes’s highest export potential is United States. With an export gap of $324.   Wood Stakes’s highest import potential is China with an import gap of $448.

See methodology.

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