2022
Exports
$1.74BWorld Rnk 41 / 176
Flag Rnk 2 / 473
falsefalse Australia
2022
PRODUCT COMPLEXITY IN Gold
-2.43Rnk 1016 / 1025
2022
Imports
$1.44kWorld Rnk 176 / 178
Flag Rnk 960 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $1.74B in Gold, making it the 41st largest exporter of Gold in the world. At the same year, Gold was the 2nd most exported product in Papua New Guinea. The main destination of Gold exports from Papua New Guinea are: Australia ($1.6B), Italy ($76.5M), United Arab Emirates ($58.3M), India ($3.6M), and Singapore ($1.07M).

The fastest growing export markets for Gold of Papua New Guinea between 2021 and 2022 were Singapore ($1.07M).

Imports In 2022, Papua New Guinea imported $1.44k in Gold, becoming the 176th largest importer of Gold in the world. At the same year, Gold was the 960th most imported product in Papua New Guinea. Papua New Guinea imports Gold primarily from: Australia ($1.44k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.74B
IMPORTS (2022)$1.44k
NET TRADE (2022)$1.74B

In 2022, Papua New Guinea exported $1.74B in Gold. The main destinations of Papua New Guinea exports on Gold were Australia ($1.6B), Italy ($76.5M), United Arab Emirates ($58.3M), India ($3.6M), and Singapore ($1.07M).

In 2022, Papua New Guinea imported $1.44k in Gold, mainly from Australia ($1.44k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):Singapore$1.07M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Papua New Guinea WERE (2021 - 2022):
Australia-$205M (-11.4%)
Italy-$9.9M (-11.5%)
United Arab Emirates-$9.01M (-13.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Papua New Guinea's main exporting competitors in Gold were:
In 2022, Papua New Guinea's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $45M
TOP IMPORT POTENTIALAustralia+ $4.31k

Gold’s highest export potential is United Arab Emirates. With an export gap of $45M.   Gold’s highest import potential is Australia with an import gap of $4.31k.

See methodology.

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