2022
Exports
$21.6kWorld Rnk 116 / 200
Flag Rnk 191 / 473
2022
PRODUCT COMPLEXITY IN Wrenches
1.67Rnk 30 / 1025
2022
Imports
$1.21MWorld Rnk 121 / 219
Flag Rnk 372 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $21.6k in Wrenches, making it the 116th largest exporter of Wrenches in the world. At the same year, Wrenches was the 191st most exported product in Papua New Guinea. The main destination of Wrenches exports from Papua New Guinea are: Australia ($14.4k), Timor-Leste ($3.98k), Philippines ($2.42k), and Slovenia ($704).

The fastest growing export markets for Wrenches of Papua New Guinea between 2021 and 2022 were Timor-Leste ($3.98k) and Slovenia ($520).

Imports In 2022, Papua New Guinea imported $1.21M in Wrenches, becoming the 121st largest importer of Wrenches in the world. At the same year, Wrenches was the 372nd most imported product in Papua New Guinea. Papua New Guinea imports Wrenches primarily from: China ($567k), Australia ($425k), Chinese Taipei ($85.3k), Brazil ($67.8k), and United Arab Emirates ($22.7k).

The fastest growing import markets in Wrenches for Papua New Guinea between 2021 and 2022 were Brazil ($38.5k), United Arab Emirates ($22.6k), and Italy ($2.79k).

Latest Trends

Mar 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 Wrenches. 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)$21.6k
IMPORTS (2022)$1.21M
NET TRADE (2022)-$1.19M

In 2022, Papua New Guinea exported $21.6k in Wrenches. The main destinations of Papua New Guinea exports on Wrenches were Australia ($14.4k), Timor-Leste ($3.98k), Philippines ($2.42k), and Slovenia ($704).

In 2022, Papua New Guinea imported $1.21M in Wrenches, mainly from China ($567k), Australia ($425k), Chinese Taipei ($85.3k), Brazil ($67.8k), and United Arab Emirates ($22.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):
Timor-Leste$3.98k (1%)
Slovenia$520 (283%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Papua New Guinea WERE (2021 - 2022):
Australia-$6.93k (-32.4%)
Philippines-$3.09k (-56.1%)
Singapore-$516 (-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 Wrenches were:
In 2022, Papua New Guinea's main importing competitors in Wrenches were:

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Trade Value of Wrenches by Exporters

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