2022
Exports
$87.8kWorld Rnk 98 / 145
Flag Rnk 125 / 473
2022
PRODUCT COMPLEXITY IN Synthetic Rubber
0.49Rnk 369 / 1025
2022
Imports
$147kWorld Rnk 150 / 209
Flag Rnk 642 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $87.8k in Synthetic Rubber, making it the 98th largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 125th most exported product in Papua New Guinea. The main destination of Synthetic Rubber exports from Papua New Guinea are: United Kingdom ($87.8k).

The fastest growing export markets for Synthetic Rubber of Papua New Guinea between 2021 and 2022 were United Kingdom ($87.8k).

Imports In 2022, Papua New Guinea imported $147k in Synthetic Rubber, becoming the 150th largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 642nd most imported product in Papua New Guinea. Papua New Guinea imports Synthetic Rubber primarily from: Australia ($70.4k), Singapore ($55.1k), China ($21.5k), and New Zealand ($179).

The fastest growing import markets in Synthetic Rubber for Papua New Guinea between 2021 and 2022 were Singapore ($55.1k), Australia ($48.1k), and China ($14.3k).

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 Synthetic Rubber. 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)$87.8k
IMPORTS (2022)$147k
NET TRADE (2022)-$59.4k

In 2022, Papua New Guinea exported $87.8k in Synthetic Rubber. The main destinations of Papua New Guinea exports on Synthetic Rubber were United Kingdom ($87.8k).

In 2022, Papua New Guinea imported $147k in Synthetic Rubber, mainly from Australia ($70.4k), Singapore ($55.1k), China ($21.5k), and New Zealand ($179).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):United Kingdom$87.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY Papua New Guinea WERE (2021 - 2022):
Australia-$15.5k (-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 Synthetic Rubber were:
In 2022, Papua New Guinea's main importing competitors in Synthetic Rubber were:

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Trade Value of Synthetic Rubber by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Kingdom+ $31.7k
TOP IMPORT POTENTIALChina+ $37.3k

Synthetic Rubber’s highest export potential is United Kingdom. With an export gap of $31.7k.   Synthetic Rubber’s highest import potential is China with an import gap of $37.3k.

See methodology.

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