GDP$264BCURRENT US$Rnk 48 / 186 GDP GROWTH21.2%CURRENT US$Rnk 118 / 186
GDP$30.6BCURRENT US$Rnk 102 / 186 GDP GROWTH43.9%CURRENT US$Rnk 78 / 186 GDP PC $5,937CURRENT US$Rnk 104 / 186GDP PC GROWTH-7.77%CURRENT US$Rnk 158 / 186GDP PC$3,020CURRENT US$Rnk 133 / 186GDP PC GROWTH13.8%CURRENT US$Rnk 100 / 186In N/A, Iraq did not export any services to Papua New Guinea.
Papua New Guinea-Iraq In N/A, Papua New Guinea did not export any products to Iraq.
In N/A, Papua New Guinea did not export any services to Iraq.
Comparison: In 2022, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B). That same year, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B).
Iraq does not register exports to Papua New Guinea.
Papua New Guinea does not register exports to Iraq.
) to Papua New Guinea () (2021)) to Iraq () (2021)This map shows whether countries import more from Iraq or Papua New Guinea. Each country is colored based on the difference in imports they receive from Iraq and Papua New Guinea or the difference in the growth in imports.
In 2022, countries that imported more from Iraq than Papua New Guinea included India ($38.8B), China ($34B), and United States ($10.3B).
In 2022, countries that imported more from Papua New Guinea than Iraq included Japan ($4.03B), Australia ($1.74B), and Chinese Taipei ($1.46B).
) and Iraq () (2022)This chart compares trade between Iraq and Papua New Guinea by product, considering products traded by both, Iraq and Papua New Guinea.
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.
This visualization shows the product space at the HS4 level with the flags of Iraq and Papua New Guinea. This means that a dot/product with the flag of Iraq 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 Iraq.
) and Papua New Guinea () (2021)
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