GDP$30.6BCURRENT US$Rnk 102 / 186 GDP GROWTH43.9%CURRENT US$Rnk 78 / 186
GDP$78.7BCURRENT US$Rnk 73 / 186 GDP GROWTH13%CURRENT US$Rnk 140 / 186 GDP PC $3,020CURRENT US$Rnk 133 / 186GDP PC GROWTH13.8%CURRENT US$Rnk 100 / 186GDP PC$7,737CURRENT US$Rnk 87 / 186GDP PC GROWTH3.21%CURRENT US$Rnk 134 / 186In N/A, Papua New Guinea did not export any services to Azerbaijan.
Azerbaijan-Papua New Guinea In N/A, Azerbaijan did not export any products to Papua New Guinea.
In N/A, Azerbaijan did not export any services to Papua New Guinea.
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, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).
Papua New Guinea does not register exports to Azerbaijan.
Azerbaijan does not register exports to Papua New Guinea.
) to Azerbaijan () (2021)) to Papua New Guinea () (2021)This map shows whether countries import more from Papua New Guinea or Azerbaijan. Each country is colored based on the difference in imports they receive from Papua New Guinea and Azerbaijan or the difference in the growth in imports.
In 2022, countries that imported more from Papua New Guinea than Azerbaijan included Japan ($4.03B), China ($3.44B), and Australia ($1.74B).
In 2022, countries that imported more from Azerbaijan than Papua New Guinea included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).
) and Papua New Guinea () (2022)This chart compares trade between Papua New Guinea and Azerbaijan by product, considering products traded by both, Papua New Guinea and Azerbaijan.
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 Papua New Guinea and Azerbaijan. This means that a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Azerbaijan. Similarly, a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Papua New Guinea.
) and Azerbaijan () (2021)
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