2022
Exports
$826MWorld Rnk 20 / 110
Flag Rnk 5 / 473
2022
PRODUCT COMPLEXITY IN Copper Ore
-1.94Rnk 995 / 1025
2022
Imports
$699kWorld Rnk 48 / 117
Flag Rnk 438 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $826M in Copper Ore, making it the 20th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 5th most exported product in Papua New Guinea. The main destination of Copper Ore exports from Papua New Guinea are: Japan ($578M), India ($136M), South Korea ($92.3M), Sweden ($14.9M), and Germany ($5.64M).

The fastest growing export markets for Copper Ore of Papua New Guinea between 2021 and 2022 were Japan ($292M), India ($136M), and Sweden ($13.7M).

Imports In 2022, Papua New Guinea imported $699k in Copper Ore, becoming the 48th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 438th most imported product in Papua New Guinea. Papua New Guinea imports Copper Ore primarily from: China ($699k).

The fastest growing import markets in Copper Ore for Papua New Guinea between 2021 and 2022 were China ($699k).

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 Copper Ore. 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)$826M
IMPORTS (2022)$699k
NET TRADE (2022)$826M

In 2022, Papua New Guinea exported $826M in Copper Ore. The main destinations of Papua New Guinea exports on Copper Ore were Japan ($578M), India ($136M), South Korea ($92.3M), Sweden ($14.9M), and Germany ($5.64M).

In 2022, Papua New Guinea imported $699k in Copper Ore, mainly from China ($699k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):
Japan$292M (102%)
India$136M (1%)
Sweden$13.7M (1.16k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Papua New Guinea WERE (2021 - 2022):
North Korea-$65.1M (-100%)
Germany-$58.2M (-91.2%)
Philippines-$45.9M (-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 Copper Ore were:
Chile $22.8B
Peru $13.5B
In 2022, Papua New Guinea's main importing competitors in Copper Ore were:
China $50.5B
Japan $12.4B

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $38.7M
TOP IMPORT POTENTIALIndonesia+ $2.54k

Copper Ore’s highest export potential is India. With an export gap of $38.7M.   Copper Ore’s highest import potential is Indonesia with an import gap of $2.54k.

See methodology.

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