2023
Exports
$14.3kWorld Rnk 134 / 196
Flag Rnk 191 / 451
2023
PRODUCT COMPLEXITY IN Wrenches
1.5Rnk 44 / 1025
2023
Imports
$1.95MWorld Rnk 108 / 221
Flag Rnk 298 / 1030
2023
ECONOMIC COMPLEXITY of Papua New Guinea
-1.63Rnk 127 / 132

About

Exports In 2023, Papua New Guinea exported $14.3k in Wrenches, making it the 134th largest exporter of Wrenches in the world. At the same year, Wrenches was the 191st most exported product in Papua New Guinea. The main destination of Wrenches exports from Papua New Guinea are: Malaysia ($6.62k), Australia ($5.35k), Austria ($1.08k), Philippines ($594), and Slovenia ($454).

The fastest growing export markets for Wrenches of Papua New Guinea between 2022 and 2023 were Malaysia ($6.62k), Austria ($1.08k), and France ($129).

Imports In 2023, Papua New Guinea imported $1.95M in Wrenches, becoming the 108th largest importer of Wrenches in the world. At the same year, Wrenches was the 298th most imported product in Papua New Guinea. Papua New Guinea imports Wrenches primarily from: Australia ($939k), China ($771k), Chinese Taipei ($133k), Singapore ($29.2k), and United States ($29k).

The fastest growing import markets in Wrenches for Papua New Guinea between 2022 and 2023 were Australia ($514k), China ($204k), and Chinese Taipei ($47.4k).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Wrenches. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$14.3k
IMPORTS (2023)$1.95M
NET TRADE (2023)-$1.94M

In 2023, Papua New Guinea exported $14.3k in Wrenches. The main destinations of Papua New Guinea exports on Wrenches were Malaysia ($6.62k), Australia ($5.35k), Austria ($1.08k), Philippines ($594), and Slovenia ($454).

In 2023, Papua New Guinea imported $1.95M in Wrenches, mainly from Australia ($939k), China ($771k), Chinese Taipei ($133k), Singapore ($29.2k), and United States ($29k).

Explore Visualizations

Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Papua New Guinea WERE (2022 - 2023):
Malaysia$6.62k (1%)
Austria$1.08k (1%)
France$129 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Papua New Guinea WERE (2022 - 2023):
Australia-$9.1k (-63%)
Timor-Leste-$3.98k (-100%)
Philippines-$1.83k (-75.5%)

Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2023, Papua New Guinea's main exporting competitors in Wrenches were:
In 2023, Papua New Guinea's main importing competitors in Wrenches were:

Explore Visualizations

Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $4.73k
TOP IMPORT POTENTIALChina+ $193k

Wrenches’s highest export potential is Australia. With an export gap of $4.73k.   Wrenches’s highest import potential is China with an import gap of $193k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with