2022
Exports
$199MWorld Rnk 18 / 109
Flag Rnk 11 / 473
falsefalse South Korea
2022
PRODUCT COMPLEXITY IN Precious Metal Ore
-1.71Rnk 973 / 1025
2022
Imports
$7.11kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $199M in Precious Metal Ore, making it the 18th largest exporter of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 11th most exported product in Papua New Guinea. The main destination of Precious Metal Ore exports from Papua New Guinea are: South Korea ($80.9M), Finland ($77M), Germany ($27.2M), Japan ($12.2M), and Malaysia ($1.92M).

The fastest growing export markets for Precious Metal Ore of Papua New Guinea between 2021 and 2022 were Finland ($54.4M), South Korea ($27.6M), and Germany ($6.38M).

Imports In 2020, Papua New Guinea imported $7.11k in Precious Metal Ore, becoming the 0th largest importer of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 0th most imported product in Papua New Guinea. Papua New Guinea imports Precious Metal Ore primarily from: N/A.

Historical Data

Trade Balance

Color
EXPORTS (2022)$199M
IMPORTS (2020)$7.11k
NET TRADE (2022)$199M

In 2022, Papua New Guinea exported $199M in Precious Metal Ore. The main destinations of Papua New Guinea exports on Precious Metal Ore were South Korea ($80.9M), Finland ($77M), Germany ($27.2M), Japan ($12.2M), and Malaysia ($1.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Ore EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):
Finland$54.4M (241%)
South Korea$27.6M (51.8%)
Germany$6.38M (30.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Ore BY Papua New Guinea WERE (2021 - 2022):
Bulgaria-$76.5M (-100%)
Singapore-$53.2M (-100%)
North Korea-$43.7M (-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 Precious Metal Ore were:
In 2022, Papua New Guinea's main importing competitors in Precious Metal Ore were:

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Trade Value of Precious Metal Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $6.49M
TOP IMPORT POTENTIALIndonesia+ $414

Precious Metal Ore’s highest export potential is Germany. With an export gap of $6.49M.   Precious Metal Ore’s highest import potential is Indonesia with an import gap of $414.

See methodology.

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