2022
Exports
$419kWorld Rnk 134 / 223
Flag Rnk 73 / 473
2022
PRODUCT COMPLEXITY IN Electrical Transformers
0.65Rnk 294 / 1025
2022
Imports
$16.3MWorld Rnk 144 / 225
Flag Rnk 75 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $419k in Electrical Transformers, making it the 134th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 73rd most exported product in Papua New Guinea. The main destination of Electrical Transformers exports from Papua New Guinea are: Australia ($271k), Netherlands ($133k), Timor-Leste ($8.03k), Fiji ($6.07k), and Indonesia ($595).

The fastest growing export markets for Electrical Transformers of Papua New Guinea between 2021 and 2022 were Australia ($56.6k), Fiji ($6.07k), and South Africa ($44).

Imports In 2022, Papua New Guinea imported $16.3M in Electrical Transformers, becoming the 144th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 75th most imported product in Papua New Guinea. Papua New Guinea imports Electrical Transformers primarily from: China ($7.61M), Australia ($6.08M), Thailand ($572k), New Zealand ($446k), and France ($404k).

The fastest growing import markets in Electrical Transformers for Papua New Guinea between 2021 and 2022 were China ($3.03M), Australia ($2.67M), and Thailand ($541k).

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 Transformers. 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)$419k
IMPORTS (2022)$16.3M
NET TRADE (2022)-$15.9M

In 2022, Papua New Guinea exported $419k in Electrical Transformers. The main destinations of Papua New Guinea exports on Electrical Transformers were Australia ($271k), Netherlands ($133k), Timor-Leste ($8.03k), Fiji ($6.07k), and Indonesia ($595).

In 2022, Papua New Guinea imported $16.3M in Electrical Transformers, mainly from China ($7.61M), Australia ($6.08M), Thailand ($572k), New Zealand ($446k), and France ($404k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):
Australia$56.6k (26.4%)
Fiji$6.07k (1%)
South Africa$44 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY Papua New Guinea WERE (2021 - 2022):
India-$392k (-100%)
Netherlands-$147k (-52.5%)
New Zealand-$75.4k (-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 Transformers were:
In 2022, Papua New Guinea's main importing competitors in Electrical Transformers were:

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Trade Value of Electrical Transformers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALAustralia+ $164k
TOP IMPORT POTENTIALChina+ $5.55M

Electrical Transformers’s highest export potential is Australia. With an export gap of $164k.   Electrical Transformers’s highest import potential is China with an import gap of $5.55M.

See methodology.

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