2022
Exports
$346World Rnk 174 / 197
Flag Rnk 387 / 473
2022
PRODUCT COMPLEXITY IN Drafting Tools
1.71Rnk 23 / 1025
2022
Imports
$1.54MWorld Rnk 110 / 220
Flag Rnk 337 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $346 in Drafting Tools, making it the 174th largest exporter of Drafting Tools in the world. At the same year, Drafting Tools was the 387th most exported product in Papua New Guinea. The main destination of Drafting Tools exports from Papua New Guinea are: Philippines ($315) and Timor-Leste ($31).

The fastest growing export markets for Drafting Tools of Papua New Guinea between 2021 and 2022 were Timor-Leste ($31).

Imports In 2022, Papua New Guinea imported $1.54M in Drafting Tools, becoming the 110th largest importer of Drafting Tools in the world. At the same year, Drafting Tools was the 337th most imported product in Papua New Guinea. Papua New Guinea imports Drafting Tools primarily from: China ($1.22M), Australia ($258k), United States ($16.5k), New Zealand ($11.9k), and South Africa ($7.93k).

The fastest growing import markets in Drafting Tools for Papua New Guinea between 2021 and 2022 were China ($624k), Australia ($73.4k), and New Zealand ($11.1k).

Latest Trends

Oct 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 Drafting Tools. 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)$346
IMPORTS (2022)$1.54M
NET TRADE (2022)-$1.54M

In 2022, Papua New Guinea exported $346 in Drafting Tools. The main destinations of Papua New Guinea exports on Drafting Tools were Philippines ($315) and Timor-Leste ($31).

In 2022, Papua New Guinea imported $1.54M in Drafting Tools, mainly from China ($1.22M), Australia ($258k), United States ($16.5k), New Zealand ($11.9k), and South Africa ($7.93k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drafting Tools EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):Timor-Leste$31 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drafting Tools BY Papua New Guinea WERE (2021 - 2022):
Australia-$5.41k (-100%)
Singapore-$1.5k (-100%)
Philippines-$539 (-63.1%)

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 Drafting Tools were:
In 2022, Papua New Guinea's main importing competitors in Drafting Tools were:

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Trade Value of Drafting Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $440
TOP IMPORT POTENTIALChina+ $89.2k

Drafting Tools’s highest export potential is United States. With an export gap of $440.   Drafting Tools’s highest import potential is China with an import gap of $89.2k.

See methodology.

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