2021
Exports
$89World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Tool Plates
1.66Rnk 31 / 1025
2021
Imports
$75.2kWorld Rnk 124 / 188
Flag Rnk 722 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Imports In 2022, Papua New Guinea imported $75.2k in Tool Plates, becoming the 124th largest importer of Tool Plates in the world. At the same year, Tool Plates was the 722nd most imported product in Papua New Guinea. Papua New Guinea imports Tool Plates primarily from: Australia ($66.8k), New Zealand ($3.73k), Singapore ($2.5k), and China ($2.26k).

The fastest growing import markets in Tool Plates for Papua New Guinea between 2021 and 2022 were New Zealand ($2.94k).

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 Tool Plates. 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)$89
IMPORTS (2022)$75.2k
NET TRADE (2022)-$75.2k

In 2022, Papua New Guinea imported $75.2k in Tool Plates, mainly from Australia ($66.8k), New Zealand ($3.73k), Singapore ($2.5k), and China ($2.26k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY Papua New Guinea WERE (N/A - 2021):Solomon Islands-$89 (-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 Tool Plates were:
Germany $1.21B
Japan $880M
China $698M
In 2022, Papua New Guinea's main importing competitors in Tool Plates were:

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Trade Value of Tool Plates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $515
TOP IMPORT POTENTIALChina+ $7.12k

Tool Plates’s highest export potential is United States. With an export gap of $515.   Tool Plates’s highest import potential is China with an import gap of $7.12k.

See methodology.

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