2022
Flag  
GDP
$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH
43.9%CURRENT US$
Rnk 78 / 186
2022
Flag
 GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC 
$3,020CURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP PC GROWTH
13.8%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186

About

Papua New Guinea-Chile Trade: In 2021, Papua New Guinea exported $5.68k to Chile. The main products that Papua New Guinea exported to Chile were N/A. Over the past 8 years the exports of Papua New Guinea to Chile have increased at an annualized rate of 4.19%, from $4.09k in 2013 to $5.68k in 2021.

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

Chile-Papua New Guinea Trade: In 2021, Chile exported $96.4k to Papua New Guinea. The main products that Chile exported to Papua New Guinea were Corn ($96.4k). Over the past 8 years the exports of Chile to Papua New Guinea have decreased at an annualized rate of 52.4%,  from $8.3M in 2013 to $96.4k in 2021.

In 2021, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Papua New Guinea exported $5.68k to Chile. There were not main exports from Papua New Guinea to Chile in 2021. During the last 8 years the exports of Papua New Guinea to Chile have increased at an annualized rate of 4.19%, from $4.09k in 2013 to $5.68k in 2021.

In 2017, Chile exported $96.4k to Papua New Guinea. The main products exported from Chile to Papua New Guinea were Corn ($96.4k). During the last 5 years the exports of Chile to Papua New Guinea have decreased at an annualized rate of 52.4%, from $8.3M in 2022 to $96.4k in 2017.

Exports from Papua New Guinea (Flag) to Chile (Flag) (2022)

Exports from Chile (Flag) to Papua New Guinea (Flag) (2022)

Latest Data

Trade between Papua New Guinea (Flag) and Chile (Flag)

Chile Exports

Market Competitiveness

Color
Papua New Guinea
Top Destination
Japan$4.03B
Chile
Top Destination
China$38.5B

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

In 2022, countries that imported more from Papua New Guinea than Chile included Australia ($1.74B), Brunei ($321M), and Philippines ($132M).

In 2022, countries that imported more from Chile than Papua New Guinea included China ($38.5B), United States ($13.9B), and South Korea ($6.13B).

Difference in imports from Chile (Flag) and Papua New Guinea (Flag) (2022)

Comparative Advantage Papua New Guinea - Chile

Flow
Scale

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

During 2021, Papua New Guinea had a large net trade with Chile in the exports of .

During 2017, Chile had a large net trade with Papua New Guinea in the exports of Vegetable Products ($96.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Papua New Guinea Chile+$6.8kPetroleum Gas
Top Product Potential Chile Papua New Guinea+$3.17kRefined 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

This visualization shows the product space at the HS4 level with the flags of Papua New Guinea and Chile. This means that a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Chile. Similarly, a dot/product with the flag of Chile indicates it has a comparative advantage over Papua New Guinea.

Product Space of Papua New Guinea (Flag) and Chile (Flag) (2022)

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