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2021
Exports $1.42kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Other Sea Vessels-0.29Rnk 646 / 1025
2021
Imports $696kWorld Rnk 90 / 178
Flag Rnk 439 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea-1.53Rnk 125 / 133

About

Imports In 2022, Papua New Guinea imported $696k in Other Sea Vessels, becoming the 90th largest importer of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 439th most imported product in Papua New Guinea. Papua New Guinea imports Other Sea Vessels primarily from: Australia ($378k), Norway ($317k), Singapore ($914), and Chinese Taipei ($67).

The fastest growing import markets in Other Sea Vessels for Papua New Guinea between 2021 and 2022 were Norway ($317k) and Australia ($173k).

Latest Trends

Aug 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 Other Sea Vessels. 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 (2021)$1.42k
IMPORTS (2022)$696k
NET TRADE (2022)-$696k

In 2022, Papua New Guinea imported $696k in Other Sea Vessels, mainly from Australia ($378k), Norway ($317k), Singapore ($914), and Chinese Taipei ($67).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Sea Vessels BY Papua New Guinea WERE (N/A - 2021):Philippines-$1.42k (-100%)
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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 Other Sea Vessels were:
Spain $936M
Oman $523M
Singapore $500M
In 2022, Papua New Guinea's main importing competitors in Other Sea Vessels were:
India $852M
Saudi Arabia $841M
Norway $515M

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Trade Value of Other Sea Vessels by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $476
TOP IMPORT POTENTIALSingapore+ $2.44k

Other Sea Vessels’s highest export potential is India. With an export gap of $476.   Other Sea Vessels’s highest import potential is Singapore with an import gap of $2.44k.

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