2022
Exports
$1.2kWorld Rnk 185 / 194
Flag Rnk 335 / 473
2022
PRODUCT COMPLEXITY IN Stone Processing Machines
0.41Rnk 405 / 1025
2022
Imports
$55MWorld Rnk 74 / 223
Flag Rnk 18 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $1.2k in Stone Processing Machines, making it the 185th largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 335th most exported product in Papua New Guinea. The main destination of Stone Processing Machines exports from Papua New Guinea are: Philippines ($1.2k).

The fastest growing export markets for Stone Processing Machines of Papua New Guinea between 2021 and 2022 were Philippines ($1.2k).

Imports In 2022, Papua New Guinea imported $55M in Stone Processing Machines, becoming the 74th largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 18th most imported product in Papua New Guinea. Papua New Guinea imports Stone Processing Machines primarily from: Australia ($44.6M), China ($5.74M), Indonesia ($3.46M), Malaysia ($467k), and United Kingdom ($266k).

The fastest growing import markets in Stone Processing Machines for Papua New Guinea between 2021 and 2022 were Indonesia ($1.63M), Norway ($98.2k), and South Africa ($95.6k).

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 Stone Processing Machines. 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)$1.2k
IMPORTS (2022)$55M
NET TRADE (2022)-$55M

In 2022, Papua New Guinea exported $1.2k in Stone Processing Machines. The main destinations of Papua New Guinea exports on Stone Processing Machines were Philippines ($1.2k).

In 2022, Papua New Guinea imported $55M in Stone Processing Machines, mainly from Australia ($44.6M), China ($5.74M), Indonesia ($3.46M), Malaysia ($467k), and United Kingdom ($266k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):Philippines$1.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Papua New Guinea WERE (2021 - 2022):
Australia-$191k (-100%)
Malaysia-$29.1k (-100%)
New Zealand-$2.13k (-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 Stone Processing Machines were:
China $5.39B
Germany $2.15B
Italy $1.58B
In 2022, Papua New Guinea's main importing competitors in Stone Processing Machines were:

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $600
TOP IMPORT POTENTIALChina+ $3.09M

Stone Processing Machines’s highest export potential is United States. With an export gap of $600.   Stone Processing Machines’s highest import potential is China with an import gap of $3.09M.

See methodology.

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