Armenia (ARM) and Papua New Guinea (PNG) Trade | The Observatory of Economic Complexity

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Armenia-Papua New Guinea Trade: In 2020, Armenia exported $36.2k to Papua New Guinea. The main products that Armenia exported to Papua New Guinea were N/A. Over the past 17 years the exports of Armenia to Papua New Guinea have increased at an annualized rate of 11%, from $6.17k in 2003 to $36.2k in 2020.

In 2020, Armenia did not export any services to Papua New Guinea.

Papua New Guinea-Armenia Trade: In 2020, Papua New Guinea exported $43.2k to Armenia. The main products that Papua New Guinea exported to Armenia were Vanilla ($34.2k) and Coffee ($9.03k). Over the past 17 years the exports of Papua New Guinea to Armenia have decreased at an annualized rate of 3.91%, from $52.7k in 2003 to $43.2k in 2020.

In 2020, Papua New Guinea did not export any services to Armenia.

Comparison: In 2022, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). That same year, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2020, Armenia exported $36.2k to Papua New Guinea. There were not main exports from Armenia to Papua New Guinea in 2020. During the last 17 years the exports of Armenia to Papua New Guinea have increased at an annualized rate of 11%, from $6.17k in 2003 to $36.2k in 2020.

In 2017, Papua New Guinea exported $43.2k to Armenia. The main products exported from Papua New Guinea to Armenia were Vanilla ($34.2k) and Coffee ($9.03k). During the last 5 years the exports of Papua New Guinea to Armenia have decreased at an annualized rate of 3.91%, from $52.7k in 2022 to $43.2k in 2017.

Exports from Armenia () to Papua New Guinea () (2022)

Exports from Papua New Guinea () to Armenia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$2.36B

Papua New Guinea
Top DestinationJapan$4.03B

This map shows whether countries import more from Armenia or Papua New Guinea. Each country is colored based on the difference in imports they receive from Armenia and Papua New Guinea or the difference in the growth in imports.

In 2022, countries that imported more from Armenia than Papua New Guinea included Russia ($2.36B), United Arab Emirates ($535M), and Georgia ($260M).

In 2022, countries that imported more from Papua New Guinea than Armenia included Japan ($4.03B), China ($3.44B), and Australia ($1.74B).

Difference in imports from Papua New Guinea () and Armenia () (2022)

Comparative Advantage Armenia - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Armenia and Papua New Guinea by product, considering products traded by both, Armenia and Papua New Guinea.

During 2020, Armenia had a large net trade with Papua New Guinea in the exports of .

During 2017, Papua New Guinea had a large net trade with Armenia in the exports of Vegetable Products ($43.2k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Armenia Papua New Guinea+$1.81kTelephones

Top Product Potential Papua New Guinea Armenia+$34.1kCoffee

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Armenia and Papua New Guinea. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Papua New Guinea. Similarly, a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Armenia.

About

Historical Data

Bilateral Trade by Products

Exports from Armenia () to Papua New Guinea () (2022)

Exports from Papua New Guinea () to Armenia () (2022)

Market Competitiveness

Difference in imports from Papua New Guinea () and Armenia () (2022)

Comparative Advantage Armenia - Papua New Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Armenia () and Papua New Guinea () (2022)

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