2022
Exports
$1.18kWorld Rnk 140 / 160
Flag Rnk 337 / 473
2022
PRODUCT COMPLEXITY IN Metalworking Machines
1.92Rnk 9 / 1025
2022
Imports
$214kWorld Rnk 142 / 212
Flag Rnk 602 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $1.18k in Metalworking Machines, making it the 140th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 337th most exported product in Papua New Guinea. The main destination of Metalworking Machines exports from Papua New Guinea are: Philippines ($1.18k).

The fastest growing export markets for Metalworking Machines of Papua New Guinea between 2021 and 2022 were Philippines ($1.18k).

Imports In 2022, Papua New Guinea imported $214k in Metalworking Machines, becoming the 142nd largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 602nd most imported product in Papua New Guinea. Papua New Guinea imports Metalworking Machines primarily from: Australia ($111k), China ($102k), Indonesia ($766), and Thailand ($65).

The fastest growing import markets in Metalworking Machines for Papua New Guinea between 2021 and 2022 were Indonesia ($766).

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 Metalworking Machines. 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)$1.18k
IMPORTS (2022)$214k
NET TRADE (2022)-$213k

In 2022, Papua New Guinea exported $1.18k in Metalworking Machines. The main destinations of Papua New Guinea exports on Metalworking Machines were Philippines ($1.18k).

In 2022, Papua New Guinea imported $214k in Metalworking Machines, mainly from Australia ($111k), China ($102k), Indonesia ($766), and Thailand ($65).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):Philippines$1.18k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Papua New Guinea WERE (2021 - 2022):
Malaysia-$29.8k (-100%)
Vietnam-$4.64k (-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 Metalworking Machines were:
In 2022, Papua New Guinea's main importing competitors in Metalworking Machines were:

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Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $478
TOP IMPORT POTENTIALChina+ $42.3k

Metalworking Machines’s highest export potential is China. With an export gap of $478.   Metalworking Machines’s highest import potential is China with an import gap of $42.3k.

See methodology.

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