2022
Exports
$369kWorld Rnk 134 / 216
Flag Rnk 80 / 473
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.9Rnk 10 / 1025
2022
Imports
$30.7MWorld Rnk 114 / 225
Flag Rnk 35 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $369k in Machinery Having Individual Functions, making it the 134th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 80th most exported product in Papua New Guinea. The main destination of Machinery Having Individual Functions exports from Papua New Guinea are: Australia ($303k), Singapore ($44k), Malaysia ($18.4k), Thailand ($2.73k), and Philippines ($727).

The fastest growing export markets for Machinery Having Individual Functions of Papua New Guinea between 2021 and 2022 were Singapore ($20.8k), Malaysia ($11.2k), and Netherlands ($79).

Imports In 2022, Papua New Guinea imported $30.7M in Machinery Having Individual Functions, becoming the 114th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 35th most imported product in Papua New Guinea. Papua New Guinea imports Machinery Having Individual Functions primarily from: N/A.

The fastest growing import markets in Machinery Having Individual Functions for Papua New Guinea between 2021 and 2022 were Singapore ($6.41M), Malaysia ($4M), and Australia ($2.25M).

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 Machinery Having Individual Functions. 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)$369k
IMPORTS (2022)$30.7M
NET TRADE (2022)-$30.3M

In 2022, Papua New Guinea exported $369k in Machinery Having Individual Functions. The main destinations of Papua New Guinea exports on Machinery Having Individual Functions were Australia ($303k), Singapore ($44k), Malaysia ($18.4k), Thailand ($2.73k), and Philippines ($727).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):
Singapore$20.8k (89.3%)
Malaysia$11.2k (153%)
Netherlands$79 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Papua New Guinea WERE (2021 - 2022):
Australia-$136k (-31%)
Vietnam-$46.2k (-100%)
Germany-$37.8k (-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 Machinery Having Individual Functions were:
In 2022, Papua New Guinea's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALAustralia+ $136k
TOP IMPORT POTENTIALChina+ $2.43M

Machinery Having Individual Functions’s highest export potential is Australia. With an export gap of $136k.   Machinery Having Individual Functions’s highest import potential is China with an import gap of $2.43M.

See methodology.

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