2022
Exports
$23.1kWorld Rnk 151 / 218
Flag Rnk 184 / 473
2022
PRODUCT COMPLEXITY IN Electrical Power Accessories
0.91Rnk 204 / 1025
2022
Imports
$6.77MWorld Rnk 118 / 225
Flag Rnk 154 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $23.1k in Electrical Power Accessories, making it the 151st largest exporter of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 184th most exported product in Papua New Guinea. The main destination of Electrical Power Accessories exports from Papua New Guinea are: Australia ($12.9k), Malaysia ($7.53k), Germany ($1.68k), Iceland ($707), and Finland ($229).

The fastest growing export markets for Electrical Power Accessories of Papua New Guinea between 2021 and 2022 were Australia ($8.6k), Malaysia ($7.53k), and Iceland ($707).

Imports In 2022, Papua New Guinea imported $6.77M in Electrical Power Accessories, becoming the 118th largest importer of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 154th most imported product in Papua New Guinea. Papua New Guinea imports Electrical Power Accessories primarily from: Australia ($5.8M), China ($566k), Netherlands ($96.9k), Malaysia ($39.7k), and Sri Lanka ($35.8k).

The fastest growing import markets in Electrical Power Accessories for Papua New Guinea between 2021 and 2022 were Australia ($2.82M), Netherlands ($61.4k), and Malaysia ($28k).

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 Electrical Power Accessories. 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)$23.1k
IMPORTS (2022)$6.77M
NET TRADE (2022)-$6.74M

In 2022, Papua New Guinea exported $23.1k in Electrical Power Accessories. The main destinations of Papua New Guinea exports on Electrical Power Accessories were Australia ($12.9k), Malaysia ($7.53k), Germany ($1.68k), Iceland ($707), and Finland ($229).

In 2022, Papua New Guinea imported $6.77M in Electrical Power Accessories, mainly from Australia ($5.8M), China ($566k), Netherlands ($96.9k), Malaysia ($39.7k), and Sri Lanka ($35.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Power Accessories EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):
Australia$8.6k (198%)
Malaysia$7.53k (1%)
Iceland$707 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Power Accessories BY Papua New Guinea WERE (2021 - 2022):
Japan-$5.8k (-100%)
United Kingdom-$3.86k (-100%)
Vietnam-$673 (-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 Electrical Power Accessories were:
In 2022, Papua New Guinea's main importing competitors in Electrical Power Accessories were:

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Trade Value of Electrical Power Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $11.1k
TOP IMPORT POTENTIALChina+ $727k

Electrical Power Accessories’s highest export potential is Australia. With an export gap of $11.1k.   Electrical Power Accessories’s highest import potential is China with an import gap of $727k.

See methodology.

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