2023
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
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 GDP
$30.7BCURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 87 / 195
2023
Flag
GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
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GDP PC
$2,958CURRENT US$
Rnk 142 / 196
2013-2023
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GDP PC GROWTH
15.5%CURRENT US$
Rnk 117 / 195

About

China-Papua New Guinea Trade: In 2023, China exported $1.29B to Papua New Guinea. The main products that China exported to Papua New Guinea were Rice ($84.2M), Iron Structures ($56.6M), and Broadcasting Equipment ($41.9M). Over the past 5 years the exports of China to Papua New Guinea have increased at an annualized rate of 10.4%, from $785M in 2018 to $1.29B in 2023.

In 2023, China did not export any services to Papua New Guinea.

Papua New Guinea-China Trade: In 2023, Papua New Guinea exported $3.55B to China. The main products that Papua New Guinea exported to China were Petroleum Gas ($1.85B), Nickel Mattes ($578M), and Rough Wood ($483M). Over the past 5 years the exports of Papua New Guinea to China have increased at an annualized rate of 4.66%,  from $2.83B in 2018 to $3.55B in 2023.

In 2023, Papua New Guinea did not export any services to China.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). 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 2023, China exported $1.29B to Papua New Guinea. The main products exported from China to Papua New Guinea were Rice ($84.2M), Iron Structures ($56.6M), and Broadcasting Equipment ($41.9M). During the last 5 years the exports of China to Papua New Guinea have increased at an annualized rate of 10.4%, from $785M in 2018 to $1.29B in 2023.

In 2018, Papua New Guinea exported $3.55B to China. The main products exported from Papua New Guinea to China were Petroleum Gas ($1.85B), Nickel Mattes ($578M), and Rough Wood ($483M). During the last 5 years the exports of Papua New Guinea to China have increased at an annualized rate of 4.66%, from $2.83B in 2023 to $3.55B in 2018.

Exports from China (Flag) to Papua New Guinea (Flag) (2023)

Exports from Papua New Guinea (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top Destination
United States$436B
Papua New Guinea
Top Destination
China$3.55B

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

In 2023, countries that imported more from China than Papua New Guinea included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, no countries were registered that imported more from Papua New Guinea than from China.

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

Comparative Advantage China - Papua New Guinea

Flow
Scale

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

During 2023, China had a large net trade with Papua New Guinea in the exports of Machines ($314M), Metals ($227M), and Plastics and Rubbers ($123M).

During 2018, Papua New Guinea had a large net trade with China in the exports of Mineral Products ($2.43B), Metals ($580M), and Wood Products ($508M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Papua New Guinea+$33MTelephones
Top Product Potential Papua New Guinea China+$720MPetroleum Gas

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 China and Papua New Guinea. This means that a dot/product with the flag of China 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 China.

Product Space of China (Flag) and Papua New Guinea (Flag) (2023)

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