2022
Exports
$8.92kWorld Rnk 124 / 158
Flag Rnk 229 / 473
2022
PRODUCT COMPLEXITY IN Other Floating Structures
-0.48Rnk 693 / 1025
2022
Imports
$550kWorld Rnk 117 / 215
Flag Rnk 471 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $8.92k in Other Floating Structures, making it the 124th largest exporter of Other Floating Structures in the world. At the same year, Other Floating Structures was the 229th most exported product in Papua New Guinea. The main destination of Other Floating Structures exports from Papua New Guinea are: Australia ($8.92k).

The fastest growing export markets for Other Floating Structures of Papua New Guinea between 2021 and 2022 were Australia ($736).

Imports In 2022, Papua New Guinea imported $550k in Other Floating Structures, becoming the 117th largest importer of Other Floating Structures in the world. At the same year, Other Floating Structures was the 471st most imported product in Papua New Guinea. Papua New Guinea imports Other Floating Structures primarily from: Australia ($334k), Spain ($92.5k), China ($54.9k), Singapore ($34k), and Malaysia ($22.3k).

The fastest growing import markets in Other Floating Structures for Papua New Guinea between 2021 and 2022 were Australia ($84.1k), Japan ($8.75k), and France ($3.02k).

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 Other Floating Structures. 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)$8.92k
IMPORTS (2022)$550k
NET TRADE (2022)-$541k

In 2022, Papua New Guinea exported $8.92k in Other Floating Structures. The main destinations of Papua New Guinea exports on Other Floating Structures were Australia ($8.92k).

In 2022, Papua New Guinea imported $550k in Other Floating Structures, mainly from Australia ($334k), Spain ($92.5k), China ($54.9k), Singapore ($34k), and Malaysia ($22.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Floating Structures EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):Australia$736 (8.99%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Floating Structures BY Papua New Guinea WERE (2021 - 2022):
Singapore-$36.5k (-100%)
China-$14.2k (-100%)
Philippines-$6.65k (-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 Other Floating Structures were:
In 2022, Papua New Guinea's main importing competitors in Other Floating Structures were:

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Trade Value of Other Floating Structures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $2.78k
TOP IMPORT POTENTIALChina+ $43.5k

Other Floating Structures’s highest export potential is Australia. With an export gap of $2.78k.   Other Floating Structures’s highest import potential is China with an import gap of $43.5k.

See methodology.

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