2022
Exports
$916World Rnk 182 / 209
Flag Rnk 354 / 473
2022
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.96Rnk 190 / 1025
2022
Imports
$1.67MWorld Rnk 138 / 222
Flag Rnk 326 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $916 in Electrical Lighting and Signalling Equipment, making it the 182nd largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 354th most exported product in Papua New Guinea. The main destination of Electrical Lighting and Signalling Equipment exports from Papua New Guinea are: Philippines ($916).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Papua New Guinea between 2021 and 2022 were Philippines ($728).

Imports In 2022, Papua New Guinea imported $1.67M in Electrical Lighting and Signalling Equipment, becoming the 138th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 326th most imported product in Papua New Guinea. Papua New Guinea imports Electrical Lighting and Signalling Equipment primarily from: Australia ($1.04M), China ($471k), Japan ($68.7k), Thailand ($29.1k), and Singapore ($16.9k).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Papua New Guinea between 2021 and 2022 were Australia ($220k), China ($133k), and Japan ($24.6k).

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 Electrical Lighting and Signalling Equipment. 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)$916
IMPORTS (2022)$1.67M
NET TRADE (2022)-$1.67M

In 2022, Papua New Guinea exported $916 in Electrical Lighting and Signalling Equipment. The main destinations of Papua New Guinea exports on Electrical Lighting and Signalling Equipment were Philippines ($916).

In 2022, Papua New Guinea imported $1.67M in Electrical Lighting and Signalling Equipment, mainly from Australia ($1.04M), China ($471k), Japan ($68.7k), Thailand ($29.1k), and Singapore ($16.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):Philippines$728 (387%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Papua New Guinea WERE (2021 - 2022):
Japan-$387 (-100%)
Solomon Islands-$342 (-100%)
France-$203 (-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 Electrical Lighting and Signalling Equipment were:
China $5.89B
Mexico $3.86B
Germany $3.32B
In 2022, Papua New Guinea's main importing competitors in Electrical Lighting and Signalling Equipment were:

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Trade Value of Electrical Lighting and Signalling Equipment by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $681
TOP IMPORT POTENTIALChina+ $438k

Electrical Lighting and Signalling Equipment’s highest export potential is United States. With an export gap of $681.   Electrical Lighting and Signalling Equipment’s highest import potential is China with an import gap of $438k.

See methodology.

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