Peru (PER) and Papua New Guinea (PNG) Trade | The Observatory of Economic Complexity

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Peru-Papua New Guinea Trade: In 2022, Peru exported $58.5k to Papua New Guinea. The main products that Peru exported to Papua New Guinea were Awnings, Tents, and Sails ($58.5k). Over the past 6 years the exports of Peru to Papua New Guinea have increased at an annualized rate of 41.8%, from $7.2k in 2016 to $58.5k in 2022.

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

Papua New Guinea-Peru Trade: In 2022, Papua New Guinea exported $311k to Peru. The main products that Papua New Guinea exported to Peru were N/A. Over the past 6 years the exports of Papua New Guinea to Peru have increased at an annualized rate of 70.2%, from $63 in 2016 to $311k in 2022.

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

Comparison: In 2022, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). That same year, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Peru exported $58.5k to Papua New Guinea. The main products exported from Peru to Papua New Guinea were Awnings, Tents, and Sails ($58.5k). During the last 6 years the exports of Peru to Papua New Guinea have increased at an annualized rate of 41.8%, from $7.2k in 2016 to $58.5k in 2022.

In 2016, Papua New Guinea exported $311k to Peru. There were not main exports from Papua New Guinea to Peru in 2016. During the last 5 years the exports of Papua New Guinea to Peru have increased at an annualized rate of 70.2%, from $63 in 2021 to $311k in 2016.

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

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

Latest Data

Trade between Peru () and Papua New Guinea ()

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$17.6B

Papua New Guinea
Top DestinationJapan$4.03B

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

In 2022, countries that imported more from Peru than Papua New Guinea included China ($17.6B), United States ($8.69B), and Canada ($2.69B).

In 2022, countries that imported more from Papua New Guinea than Peru included Australia ($1.74B), Japan ($4.03B), and Chinese Taipei ($1.46B).

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

Comparative Advantage Peru - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Peru had a large net trade with Papua New Guinea in the exports of Textiles ($58.5k).

During 2016, Papua New Guinea had a large net trade with Peru in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Papua New Guinea+$3.77kRefined Petroleum

Top Product Potential Papua New Guinea Peru+$4.94kPetroleum 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

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Peru () and Papua New Guinea ()

Peru Exports

Market Competitiveness

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

Comparative Advantage Peru - Papua New Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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