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2021
Flag → Flag
Exports $2.66MRnk 49 / 0
2021
Flag → Flag
Exports $792MRnk 39 / 0
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.63Rnk 127 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH192%CURRENT US$
Rnk 3 / 195
2023
Flag
 GDP$30.7BCURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP GROWTH44.5%CURRENT US$
Rnk 87 / 195
2023
Flag
GDP PC $2,551CURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP PC GROWTH166%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC$2,958CURRENT US$
Rnk 142 / 196
2013-2023
Flag
GDP PC GROWTH15.5%CURRENT US$
Rnk 117 / 195

About

Bangladesh-Papua New Guinea Trade: In 2021, Bangladesh exported $2.66M to Papua New Guinea. The main products that Bangladesh exported to Papua New Guinea were N/A. Over the past 9 years the exports of Bangladesh to Papua New Guinea have increased at an annualized rate of 3.63%, from $1.93M in 2012 to $2.66M in 2021.

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

Papua New Guinea-Bangladesh In N/A, Papua New Guinea did not export any products to Bangladesh.

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

Comparison: In 2023,  Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). That same year, Papua New Guinea ranked 127 in the Economic Complexity Index (ECI -1.63), and 93 in total exports ($12.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Bangladesh exported $2.66M to Papua New Guinea. There were not main exports from Bangladesh to Papua New Guinea in 2021. During the last 9 years the exports of Bangladesh to Papua New Guinea have increased at an annualized rate of 3.63%, from $1.93M in 2012 to $2.66M in 2021.

Papua New Guinea does not register exports to Bangladesh.

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

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

Market Competitiveness

Color
Bangladesh
Top DestinationUnited States$8.58B
Papua New Guinea
Top DestinationChina$3.55B

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

In 2023, countries that imported more from Bangladesh than Papua New Guinea included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

In 2023, countries that imported more from Papua New Guinea than Bangladesh included China ($3.55B), Japan ($3.19B), and Australia ($2.07B).

Difference in imports from Papua New Guinea (Flag) and Bangladesh (Flag) (2023)

Comparative Advantage Bangladesh - Papua New Guinea

Flow
Scale

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

During 2021, Bangladesh had a large net trade with Papua New Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Papua New Guinea+$2.89kKnit T-shirts
Top Product Potential Papua New Guinea Bangladesh+$6.17kRefined Petroleum

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

This visualization shows the product space at the HS4 level with the flags of Bangladesh and Papua New Guinea. This means that a dot/product with the flag of Bangladesh 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 Bangladesh.

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

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