Papua New Guinea (PNG) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Papua New Guinea-Bolivia Trade: In 2021, Papua New Guinea exported $713 to Bolivia. The main products that Papua New Guinea exported to Bolivia were N/A. Over the past 12 years the exports of Papua New Guinea to Bolivia have increased at an annualized rate of 12%, from $183 in 2009 to $713 in 2021.

In 2021, Papua New Guinea did not export any services to Bolivia.

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

In 2021, Bolivia 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, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Papua New Guinea exported $713 to Bolivia. There were not main exports from Papua New Guinea to Bolivia in 2021. During the last 12 years the exports of Papua New Guinea to Bolivia have increased at an annualized rate of 12%, from $183 in 2009 to $713 in 2021.

Bolivia does not register exports to Papua New Guinea.

Exports from Papua New Guinea () to Bolivia () (2021)

Exports from Bolivia () to Papua New Guinea () (2021)

Latest Data

Trade between Papua New Guinea () and Bolivia ()

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationJapan$4.03B

Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Papua New Guinea than Bolivia included Japan ($4.03B), China ($3.44B), and Australia ($1.74B).

In 2022, countries that imported more from Bolivia than Papua New Guinea included Brazil ($1.89B), Argentina ($1.76B), and India ($2.27B).

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

Comparative Advantage Papua New Guinea - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Papua New Guinea had a large net trade with Bolivia 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 Papua New Guinea Bolivia+$3.58kRefined Petroleum

Top Product Potential Bolivia Papua New Guinea+$1.92kRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Papua New Guinea () to Bolivia () (2021)

Exports from Bolivia () to Papua New Guinea () (2021)

Latest Data

Trade between Papua New Guinea () and Bolivia ()

Bolivia Exports

Market Competitiveness

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

Comparative Advantage Papua New Guinea - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Papua New Guinea () and Bolivia () (2021)

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