2019
Exports
$3.62kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Iron Ingots
-1.39Rnk 930 / 1025
2019
Imports
$5.03kWorld Rnk 144 / 172
Flag Rnk 916 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Imports In 2022, Papua New Guinea imported $5.03k in Iron Ingots, becoming the 144th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 916th most imported product in Papua New Guinea. Papua New Guinea imports Iron Ingots primarily from: Australia ($5.03k).

The fastest growing import markets in Iron Ingots for Papua New Guinea between 2021 and 2022 were Australia ($1.72k).

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 Iron Ingots. 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 (2019)$3.62k
IMPORTS (2022)$5.03k
NET TRADE (2022)-$5.03k

In 2022, Papua New Guinea imported $5.03k in Iron Ingots, mainly from Australia ($5.03k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

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 Iron Ingots were:
India $189M
China $107M
Iran $76.9M
In 2022, Papua New Guinea's main importing competitors in Iron Ingots were:

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $325
TOP IMPORT POTENTIALIndia+ $626

Iron Ingots’s highest export potential is Italy. With an export gap of $325.   Iron Ingots’s highest import potential is India with an import gap of $626.

See methodology.

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