2022
Exports
$176World Rnk 211 / 217
Flag Rnk 410 / 473
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$38.4MWorld Rnk 155 / 224
Flag Rnk 25 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $176 in Packaged Medicaments, making it the 211th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 410th most exported product in Papua New Guinea. The main destination of Packaged Medicaments exports from Papua New Guinea are: Canada ($104), Thailand ($55), Singapore ($11), and Sri Lanka ($6).

The fastest growing export markets for Packaged Medicaments of Papua New Guinea between 2021 and 2022 were Canada ($104), Thailand ($55), and Sri Lanka ($6).

Imports In 2022, Papua New Guinea imported $38.4M in Packaged Medicaments, becoming the 155th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 25th most imported product in Papua New Guinea. Papua New Guinea imports Packaged Medicaments primarily from: India ($18.6M), Australia ($9.81M), China ($5.88M), Malaysia ($1.36M), and Singapore ($988k).

The fastest growing import markets in Packaged Medicaments for Papua New Guinea between 2021 and 2022 were India ($3.59M), Malaysia ($487k), and Thailand ($97.7k).

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 Packaged Medicaments. 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)$176
IMPORTS (2022)$38.4M
NET TRADE (2022)-$38.4M

In 2022, Papua New Guinea exported $176 in Packaged Medicaments. The main destinations of Papua New Guinea exports on Packaged Medicaments were Canada ($104), Thailand ($55), Singapore ($11), and Sri Lanka ($6).

In 2022, Papua New Guinea imported $38.4M in Packaged Medicaments, mainly from India ($18.6M), Australia ($9.81M), China ($5.88M), Malaysia ($1.36M), and Singapore ($988k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):
Canada$104 (1%)
Thailand$55 (1%)
Sri Lanka$6 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Papua New Guinea WERE (2021 - 2022):
Singapore-$3.46k (-99.7%)
Solomon Islands-$2.7k (-100%)
Australia-$79 (-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 Packaged Medicaments were:
In 2022, Papua New Guinea's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.24k
TOP IMPORT POTENTIALIndia+ $5.96M

Packaged Medicaments’s highest export potential is United States. With an export gap of $1.24k.   Packaged Medicaments’s highest import potential is India with an import gap of $5.96M.

See methodology.

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