2022
Exports
$558MWorld Rnk 5 / 158
Flag Rnk 7 / 473
2022
PRODUCT COMPLEXITY IN Rough Wood
-1.3Rnk 908 / 1025
2022
Imports
$20.7kWorld Rnk 182 / 205
Flag Rnk 844 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $558M in Rough Wood, making it the 5th largest exporter of Rough Wood in the world. At the same year, Rough Wood was the 7th most exported product in Papua New Guinea. The main destination of Rough Wood exports from Papua New Guinea are: China ($473M), India ($37.1M), South Korea ($17.2M), Chinese Taipei ($16.5M), and Malaysia ($10.3M).

The fastest growing export markets for Rough Wood of Papua New Guinea between 2021 and 2022 were China ($157M), India ($17.1M), and South Korea ($2.37M).

Imports In 2022, Papua New Guinea imported $20.7k in Rough Wood, becoming the 182nd largest importer of Rough Wood in the world. At the same year, Rough Wood was the 844th most imported product in Papua New Guinea. Papua New Guinea imports Rough Wood primarily from: Australia ($19.1k) and South Africa ($1.55k).

The fastest growing import markets in Rough Wood for Papua New Guinea between 2021 and 2022 were South Africa ($1.55k).

Latest Trends

Sep 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 Rough Wood. 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)$558M
IMPORTS (2022)$20.7k
NET TRADE (2022)$558M

In 2022, Papua New Guinea exported $558M in Rough Wood. The main destinations of Papua New Guinea exports on Rough Wood were China ($473M), India ($37.1M), South Korea ($17.2M), Chinese Taipei ($16.5M), and Malaysia ($10.3M).

In 2022, Papua New Guinea imported $20.7k in Rough Wood, mainly from Australia ($19.1k) and South Africa ($1.55k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rough Wood EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):
China$157M (49.6%)
India$17.1M (85.6%)
South Korea$2.37M (15.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rough Wood BY Papua New Guinea WERE (2021 - 2022):
Vietnam-$8.74M (-100%)
Hong Kong-$5.97M (-100%)
Singapore-$5.11M (-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 Rough Wood were:
In 2022, Papua New Guinea's main importing competitors in Rough Wood were:

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Trade Value of Rough Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $19M
TOP IMPORT POTENTIALAustralia+ $2.33k

Rough Wood’s highest export potential is India. With an export gap of $19M.   Rough Wood’s highest import potential is Australia with an import gap of $2.33k.

See methodology.

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