2023
Flag  
GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
 GDP
$30.7BCURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 87 / 195
2023
Flag
GDP PC 
$52,642CURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 195
2023
Flag
GDP PC
$2,958CURRENT US$
Rnk 142 / 196
2013-2023
Flag
GDP PC GROWTH
15.5%CURRENT US$
Rnk 117 / 195

About

Israel-Papua New Guinea Trade: In 2023, Israel exported $2.24M to Papua New Guinea. The main products that Israel exported to Papua New Guinea were Prefabricated Buildings ($606k), Electric Generating Sets ($430k), and High-voltage Protection Equipment ($180k). Over the past 5 years the exports of Israel to Papua New Guinea have increased at an annualized rate of 5.09%, from $1.74M in 2018 to $2.24M in 2023.

In 2012, Israel exported services to Papua New Guinea worth $5.47M, with Computer and information services ($5.47M) being the largest in terms of value.

Papua New Guinea-Israel Trade: In 2023, Papua New Guinea exported $370k to Israel. The main products that Papua New Guinea exported to Israel were Coffee ($271k) and Vanilla ($99k). Over the past 5 years the exports of Papua New Guinea to Israel have increased at an annualized rate of 11.9%,  from $211k in 2018 to $370k in 2023.

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

Comparison: In 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). 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, Israel exported $2.24M to Papua New Guinea. The main products exported from Israel to Papua New Guinea were Prefabricated Buildings ($606k), Electric Generating Sets ($430k), and High-voltage Protection Equipment ($180k). During the last 5 years the exports of Israel to Papua New Guinea have increased at an annualized rate of 5.09%, from $1.74M in 2018 to $2.24M in 2023.

In 2018, Papua New Guinea exported $370k to Israel. The main products exported from Papua New Guinea to Israel were Coffee ($271k) and Vanilla ($99k). During the last 5 years the exports of Papua New Guinea to Israel have increased at an annualized rate of 11.9%, from $211k in 2023 to $370k in 2018.

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

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

Latest Data

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

Israel Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Papua New Guinea
Top Destination
China$3.55B

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

In 2023, countries that imported more from Israel than Papua New Guinea included United States ($20.3B), Ireland ($4.22B), and China ($7.09B).

In 2023, countries that imported more from Papua New Guinea than Israel included Japan ($3.19B), Australia ($2.07B), and Malaysia ($176M).

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

Comparative Advantage Israel - Papua New Guinea

Flow
Scale

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

During 2023, Israel had a large net trade with Papua New Guinea in the exports of Machines ($1.38M), Miscellaneous ($606k), and Foodstuffs ($120k).

During 2018, Papua New Guinea had a large net trade with Israel in the exports of Vegetable Products ($370k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Papua New Guinea+$426kComputers
Top Product Potential Papua New Guinea Israel+$11.8kVanilla

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

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

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