2021
Flag  
GDP
$1.55TCURRENT US$
Rnk 13 / 204
2011-2021
Flag
GDP GROWTH
11%CURRENT US$
Rnk 141 / 204
2021
Flag
 GDP
$26.3BCURRENT US$
Rnk 107 / 204
2011-2021
Flag
GDP GROWTH
46.3%CURRENT US$
Rnk 63 / 204
2021
Flag
GDP PC 
$60,445CURRENT US$
Rnk 17 / 204
2011-2021
Flag
GDP PC GROWTH
-3.44%CURRENT US$
Rnk 157 / 204
2021
Flag
GDP PC
$2,645CURRENT US$
Rnk 152 / 204
2011-2021
Flag
GDP PC GROWTH
14.8%CURRENT US$
Rnk 98 / 204

About

Australia-Papua New Guinea In 2021, Australia exported $1.13B to Papua New Guinea. The main products that Australia exported to Papua New Guinea are Wheat ($72.3M), Excavation Machinery ($64.8M), and Sheep and Goat Meat ($59.3M). During the last 26 years the exports of Australia to Papua New Guinea have increased at an annualized rate of 3.1%, from $511M in 1995 to $1.13B in 2021.

In 2009, Australia exported services to Papua New Guinea worth $347M, with Other business services ($158M), Travel ($124M), and Personal, cultural, and recreational services ($30.9M) being the largest in terms of value.

Papua New Guinea-Australia In 2021, Papua New Guinea exported $1.7B to Australia. The main products that Papua New Guinea exported to Australia were Gold ($1.56B), Silver ($45.4M), and Crude Petroleum ($31.3M). During the last 26 years the exports of Papua New Guinea to Australia have increased at an annualized rate of 2.95%, from $798M in 1995 to $1.7B in 2021.

In 2021, Papua New Guinea did not export any services to Australia.

Comparison In 2021,  Australia ranked 82 in the Economic Complexity Index (ECI -0.41), and 20 in total exports ($343B). That same year, Papua New Guinea ranked 129 in the Economic Complexity Index (ECI -1.84), and 92 in total exports ($11B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Australia exported $1.13B to Papua New Guinea. The main products exported from Australia to Papua New Guinea were Wheat ($72.3M), Excavation Machinery ($64.8M), and Sheep and Goat Meat ($59.3M). During the last 26 years the exports of Australia to Papua New Guinea have increased at an annualized rate of 3.1%, from $511M in 1995 to $1.13B in 2021.

In 2021, Papua New Guinea exported $1.7B to Australia. The main products exported from Papua New Guinea to Australia were Gold ($1.56B), Silver ($45.4M), and Crude Petroleum ($31.3M). During the last 26 years the exports of Papua New Guinea to Australia have increased at an annualized rate of 2.95%, from $798M in 1995 to $1.7B in 2021.

Exports from Australia (Flag) to Papua New Guinea (Flag) (2021)

Exports from Papua New Guinea (Flag) to Australia (Flag) (2021)

Latest Data

Trade between Australia (Flag) and Papua New Guinea (Flag)

Australia Exports

Market Competitiveness

Color
Australia
Top Destination
China$138B
Papua New Guinea
Top Destination
Japan$2.71B

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

In 2021, countries that imported more from Australia than Papua New Guinea were China ($138B), Japan ($47B), and South Korea ($29.4B).

In 2021, countries that imported more from Papua New Guinea than Australia were Sao Tome and Principe ($54).

Difference in imports from Papua New Guinea (Flag) and Australia (Flag) (2021)

Comparative Advantage Australia - Papua New Guinea

Flow
Scale

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

During 2021, Australia had a large net trade with Papua New Guinea in the exports of Machines ($423M), Animal Products ($138M), and Transportation ($91.7M).

During 2021, Papua New Guinea had a large net trade with Australia in the exports of Precious Metals ($1.6B), Mineral Products ($35.5M), and Vegetable Products ($30.9M).

Service Trade

Bilateral Service Trade

In 2009, Australia exported services to Papua New Guinea worth $347M, with Other business services ($158M), Travel ($124M), and Personal, cultural, and recreational services ($30.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Australia (Flag) to Papua New Guinea (Flag) (2009)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Australia has comparative advantage over Papua New Guinea. Similarly, the more yellow a dot/product is, the more Papua New Guinea has comparative advantage over Australia.

Product Space of Australia (Flag) and Papua New Guinea (Flag) (2021)

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