2023
Exports
$5.64MWorld Rnk 48 / 183
Flag Rnk 31 / 451
2023
PRODUCT COMPLEXITY IN Compasses
0.63Rnk 316 / 1025
2023
Imports
$1.5MWorld Rnk 97 / 217
Flag Rnk 339 / 1030
2023
ECONOMIC COMPLEXITY of Papua New Guinea
-1.63Rnk 127 / 132

About

Exports In 2023, Papua New Guinea exported $5.64M in Compasses, making it the 48th largest exporter of Compasses in the world. At the same year, Compasses was the 31st most exported product in Papua New Guinea. The main destination of Compasses exports from Papua New Guinea are: Netherlands ($5.64M), Australia ($2.54k), Denmark ($125), Czechia ($11), and Singapore ($1).

The fastest growing export markets for Compasses of Papua New Guinea between 2022 and 2023 were Netherlands ($4.11M), Denmark ($125), and Czechia ($11).

Imports In 2023, Papua New Guinea imported $1.5M in Compasses, becoming the 97th largest importer of Compasses in the world. At the same year, Compasses was the 339th most imported product in Papua New Guinea. Papua New Guinea imports Compasses primarily from: Australia ($526k), Netherlands ($368k), United States ($215k), Singapore ($143k), and Canada ($136k).

The fastest growing import markets in Compasses for Papua New Guinea between 2022 and 2023 were Netherlands ($308k), Australia ($278k), and United States ($155k).

Latest Trends

Jan 2025

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 Compasses. 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)$5.64M
IMPORTS (2023)$1.5M
NET TRADE (2023)$4.14M

In 2023, Papua New Guinea exported $5.64M in Compasses. The main destinations of Papua New Guinea exports on Compasses were Netherlands ($5.64M), Australia ($2.54k), Denmark ($125), Czechia ($11), and Singapore ($1).

In 2023, Papua New Guinea imported $1.5M in Compasses, mainly from Australia ($526k), Netherlands ($368k), United States ($215k), Singapore ($143k), and Canada ($136k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Compasses EXPORT MARKETS FOR Papua New Guinea WERE (2022 - 2023):
Netherlands$4.11M (270%)
Denmark$125 (1%)
Czechia$11 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compasses BY Papua New Guinea WERE (2022 - 2023):
Australia-$12.3k (-82.9%)
Singapore-$171 (-99.4%)

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

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Trade Value of Compasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $34.7k
TOP IMPORT POTENTIALUnited States+ $85.2k

Compasses’s highest export potential is Australia. With an export gap of $34.7k.   Compasses’s highest import potential is United States with an import gap of $85.2k.

See methodology.

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