2020
Exports
$37kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Buses
0.074Rnk 528 / 1025
2020
Imports
$55.6MWorld Rnk 61 / 217
Flag Rnk 17 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Imports In 2022, Papua New Guinea imported $55.6M in Buses, becoming the 61st largest importer of Buses in the world. At the same year, Buses was the 17th most imported product in Papua New Guinea. Papua New Guinea imports Buses primarily from: Japan ($54.7M), South Korea ($389k), China ($252k), Australia ($171k), and Malaysia ($20.3k).

The fastest growing import markets in Buses for Papua New Guinea between 2021 and 2022 were South Korea ($205k), Australia ($138k), and Malaysia ($20.3k).

Latest Trends

Aug 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 Buses. 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 (2020)$37k
IMPORTS (2022)$55.6M
NET TRADE (2022)-$55.6M

In 2022, Papua New Guinea imported $55.6M in Buses, mainly from Japan ($54.7M), South Korea ($389k), China ($252k), Australia ($171k), and Malaysia ($20.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

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 Buses were:
China $2.64B
Japan $1.95B
Turkey $1.52B
In 2022, Papua New Guinea's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $500
TOP IMPORT POTENTIALChina+ $623k

Buses’s highest export potential is United States. With an export gap of $500.   Buses’s highest import potential is China with an import gap of $623k.

See methodology.

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