2022
Exports
$1.84kWorld Rnk 149 / 182
Flag Rnk 307 / 473
2022
PRODUCT COMPLEXITY IN Cutting Blades
1.38Rnk 76 / 1025
2022
Imports
$1.28MWorld Rnk 108 / 219
Flag Rnk 364 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $1.84k in Cutting Blades, making it the 149th largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 307th most exported product in Papua New Guinea. The main destination of Cutting Blades exports from Papua New Guinea are: Nigeria ($1.84k).

The fastest growing export markets for Cutting Blades of Papua New Guinea between 2021 and 2022 were Nigeria ($1.84k).

Imports In 2022, Papua New Guinea imported $1.28M in Cutting Blades, becoming the 108th largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 364th most imported product in Papua New Guinea. Papua New Guinea imports Cutting Blades primarily from: Australia ($780k), China ($140k), Indonesia ($114k), Malaysia ($90.9k), and Japan ($76.5k).

The fastest growing import markets in Cutting Blades for Papua New Guinea between 2021 and 2022 were Australia ($277k), Indonesia ($65.4k), and Japan ($41.9k).

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 Cutting Blades. 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)$1.84k
IMPORTS (2022)$1.28M
NET TRADE (2022)-$1.28M

In 2022, Papua New Guinea exported $1.84k in Cutting Blades. The main destinations of Papua New Guinea exports on Cutting Blades were Nigeria ($1.84k).

In 2022, Papua New Guinea imported $1.28M in Cutting Blades, mainly from Australia ($780k), China ($140k), Indonesia ($114k), Malaysia ($90.9k), and Japan ($76.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutting Blades EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):Nigeria$1.84k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutting Blades BY Papua New Guinea WERE (2021 - 2022):
Australia-$27.9k (-100%)
Thailand-$11.8k (-100%)
Indonesia-$4 (-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 Cutting Blades were:
In 2022, Papua New Guinea's main importing competitors in Cutting Blades were:

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Trade Value of Cutting Blades by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $734
TOP IMPORT POTENTIALChina+ $121k

Cutting Blades’s highest export potential is United States. With an export gap of $734.   Cutting Blades’s highest import potential is China with an import gap of $121k.

See methodology.

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