Malaysia (MYS) and Papua New Guinea (PNG) Trade | The Observatory of Economic Complexity

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Pricing

Malaysia (MYS) and Papua New Guinea (PNG) Trade

2022

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Exports $508MRnk 49 / 218

2022

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About

Malaysia-Papua New Guinea In 2022, Malaysia exported $508M to Papua New Guinea. The main products that Malaysia exported to Papua New Guinea are Refined Petroleum ($117M), Palm Oil ($47.7M), and Nitrogenous Fertilizers ($37.5M). During the last 27 years the exports of Malaysia to Papua New Guinea have increased at an annualized rate of 10.4%, from $35.5M in 1995 to $508M in 2022.

In 2022, Malaysia did not export any services to Papua New Guinea.

Papua New Guinea-Malaysia In 2022, Papua New Guinea exported $281M to Malaysia. The main products that Papua New Guinea exported to Malaysia were Crude Petroleum ($74.7M), Coconut Oil ($65.3M), and Palm Oil ($58.8M). During the last 27 years the exports of Papua New Guinea to Malaysia have increased at an annualized rate of 9.55%, from $24M in 1995 to $281M in 2022.

In 2022, Papua New Guinea did not export any services to Malaysia.

Comparison In 2022, Malaysia ranked 28 in the Economic Complexity Index (ECI 0.96), and 22 in total exports ($378B). That same year, Papua New Guinea ranked 120 in the Economic Complexity Index (ECI -1.84), and 87 in total exports ($15.4B).

Latest Trends

September, 2020

About

Overview In September 2020, Malaysia exported MYR112M and imported MYR82.6M from Papua New Guinea, resulting in a positive trade balance of MYR29.5M. Between September 2019 and September 2020 the exports of Malaysia have decreased by MYR-8.78M (-7.26%) from MYR121M to MYR112M, while imports increased by MYR64.2M (350%) from MYR18.4M to MYR82.6M.

Trade In September 2020, the top exports of Malaysia to Papua New Guinea were Refined Petroleum (MYR57.8M), Mixed Mineral or Chemical Fertilizers (MYR5.65M), Nitrogenous Fertilizers (MYR2.83M), Plastic Lids (MYR2.56M), and Bitumen and asphalt (MYR2.03M). In September 2020 the top imports of Malaysia from Papua New Guinea were Refined Petroleum (MYR30.4M), Coconut Oil (MYR10.5M), Cocoa Beans (MYR8.05M), Palm Oil (MYR8.05M), and Rough Wood (MYR4.84M).

Growth In September 2020, the decrease in Malaysia's year-by-year exports to Papua New Guinea was explained primarily by an decrease in product exports in Large Construction Vehicles (MYR-13.5M or -91.7%), Prefabricated Buildings (MYR-9.5M or -99%), and Medical Instruments (MYR-6.04M or -99.8%). In September 2020, the increase in Malaysia's year-by-year imports from Papua New Guinea was explained primarily by an increase in product imports in Other Oily Seeds (MYR392k or 124%), Coconut Oil (MYR356k or 3.49%), and Aquatic invertebrates, other than crustaceans and... (MYR316k or 125%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-8.78M(-7.26%)

IMPORT GROWTH (September 2019 - September 2020)MYR64.2M(350%)

This section shows exports and imports data at subnational level for Malaysia. Click any date in the line plot or any product to explore the exports or imports behavior of Malaysia over time.

To check Papua New Guinea and Malaysia trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Malaysia exported $508M to Papua New Guinea. The main products exported from Malaysia to Papua New Guinea were Refined Petroleum ($117M), Palm Oil ($47.7M), and Nitrogenous Fertilizers ($37.5M). During the last 27 years the exports of Malaysia to Papua New Guinea have increased at an annualized rate of 10.4%, from $35.5M in 1995 to $508M in 2022.

In 2022, Papua New Guinea exported $281M to Malaysia. The main products exported from Papua New Guinea to Malaysia were Crude Petroleum ($74.7M), Coconut Oil ($65.3M), and Palm Oil ($58.8M). During the last 27 years the exports of Papua New Guinea to Malaysia have increased at an annualized rate of 9.55%, from $24M in 1995 to $281M in 2022.

Exports from Malaysia () to Papua New Guinea () (2022)

Exports from Papua New Guinea () to Malaysia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malaysia
Top DestinationSingapore$53.8B

Papua New Guinea
Top DestinationJapan$4.03B

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

In 2021, countries that imported more from Malaysia than Papua New Guinea were Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2019, no countries were registered that imported more from Papua New Guinea than from Malaysia.

Difference in imports from Papua New Guinea () and Malaysia () (2022)

Comparative Advantage Malaysia - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Malaysia had a large net trade with Papua New Guinea in the exports of Mineral Products ($136M), Chemical Products ($99.3M), and Machines ($80.2M).

During 2022, Papua New Guinea had a large net trade with Malaysia in the exports of Animal and Vegetable Bi-Products ($125M), Mineral Products ($100M), and Foodstuffs ($36.8M).

Economic Complexity

Competitive Landscape

Year

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 Malaysia has comparative advantage over Papua New Guinea. Similarly, the more yellow a dot/product is, the more Papua New Guinea has comparative advantage over Malaysia.

Product Space of Malaysia () and Papua New Guinea () (2022)

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