Papua New Guinea (PNG) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Papua New Guinea-Australia Trade: In 2022, Papua New Guinea exported $1.74B to Australia. The main products that Papua New Guinea exported to Australia were Gold ($1.6B), Silver ($44.7M), and Coffee ($36.5M). Over the past 5 years the exports of Papua New Guinea to Australia have decreased at an annualized rate of 7.26%, from $2.54B in 2017 to $1.74B in 2022.

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

Australia-Papua New Guinea In N/A, Australia did not export any products to Papua New Guinea.

In 2009, Australia exported services to Papua New Guinea worth $347M, with Other business services ($158M), Travel ($124M), and Personal, cultural, and recreational services ($30.9M) being the largest in terms of value.

Comparison: In 2022, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B). That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Papua New Guinea exported $1.74B to Australia. The main products exported from Papua New Guinea to Australia were Gold ($1.6B), Silver ($44.7M), and Coffee ($36.5M). During the last 5 years the exports of Papua New Guinea to Australia have decreased at an annualized rate of 7.26%, from $2.54B in 2017 to $1.74B in 2022.

Australia does not register exports to Papua New Guinea. The main products exported from Australia to Papua New Guinea were Wheat ($95.9M), Excavation Machinery ($75.1M), and Sheep and Goat Meat ($69.9M).

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

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

Latest Data

Trade between Papua New Guinea () and Australia ()

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationJapan$4.03B

Australia
Top DestinationChina$123B

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

In 2022, no countries were registered that imported more from Papua New Guinea than from Australia.

In 2022, countries that imported more from Australia than Papua New Guinea included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Comparative Advantage Papua New Guinea - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Papua New Guinea had a large net trade with Australia in the exports of Precious Metals ($1.65B), Vegetable Products ($37.6M), and Machines ($24.6M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Papua New Guinea Australia+$8.26MPetroleum Gas

Top Product Potential Australia Papua New Guinea+$483kRaw Sugar

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 Papua New Guinea and Australia. This means that a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Papua New Guinea.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Papua New Guinea () and Australia ()

Australia Exports

Market Competitiveness

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

Comparative Advantage Papua New Guinea - Australia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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