2022
Exports
$2.57kWorld Rnk 168 / 187
Flag Rnk 293 / 473
2022
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.71Rnk 22 / 1025
2022
Imports
$845kWorld Rnk 158 / 213
Flag Rnk 416 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $2.57k in Rubberworking Machinery, making it the 168th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 293rd most exported product in Papua New Guinea. The main destination of Rubberworking Machinery exports from Papua New Guinea are: Ecuador ($2.57k).

The fastest growing export markets for Rubberworking Machinery of Papua New Guinea between 2021 and 2022 were Ecuador ($2.57k).

Imports In 2022, Papua New Guinea imported $845k in Rubberworking Machinery, becoming the 158th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 416th most imported product in Papua New Guinea. Papua New Guinea imports Rubberworking Machinery primarily from: China ($326k), Chinese Taipei ($290k), United States ($67.2k), Australia ($60.4k), and Austria ($39.4k).

The fastest growing import markets in Rubberworking Machinery for Papua New Guinea between 2021 and 2022 were Chinese Taipei ($250k), United States ($48.6k), and Austria ($39.4k).

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 Rubberworking Machinery. 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)$2.57k
IMPORTS (2022)$845k
NET TRADE (2022)-$843k

In 2022, Papua New Guinea exported $2.57k in Rubberworking Machinery. The main destinations of Papua New Guinea exports on Rubberworking Machinery were Ecuador ($2.57k).

In 2022, Papua New Guinea imported $845k in Rubberworking Machinery, mainly from China ($326k), Chinese Taipei ($290k), United States ($67.2k), Australia ($60.4k), and Austria ($39.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):Ecuador$2.57k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Papua New Guinea WERE (2021 - 2022):
Singapore-$4.56k (-100%)
Solomon Islands-$1.52k (-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 Rubberworking Machinery were:
China $7.21B
Japan $2.29B
In 2022, Papua New Guinea's main importing competitors in Rubberworking Machinery were:

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $655
TOP IMPORT POTENTIALChina+ $274k

Rubberworking Machinery’s highest export potential is China. With an export gap of $655.   Rubberworking Machinery’s highest import potential is China with an import gap of $274k.

See methodology.

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