2023
Flag  
GDP
$30.7BCURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 87 / 195
2023
Flag
 GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC 
$2,958CURRENT US$
Rnk 142 / 195
2013-2023
Flag
GDP PC GROWTH
15.5%CURRENT US$
Rnk 117 / 195
2023
Flag
GDP PC
$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195

About

Papua New Guinea-Cyprus Trade: In 2023, Papua New Guinea exported $571 to Cyprus. The main products that Papua New Guinea exported to Cyprus were Computers ($571). Over the past 12 years the exports of Papua New Guinea to Cyprus have increased at an annualized rate of 2.63%, from $418 in 2011 to $571 in 2023.

In 2023, Papua New Guinea did not export any services to Cyprus.

Cyprus-Papua New Guinea Trade: In 2023, Cyprus exported $147k to Papua New Guinea. The main products that Cyprus exported to Papua New Guinea were Packaged Medicaments ($111k), Fruit Juice ($28.6k), and Flavored Water ($5.77k). Over the past 12 years the exports of Cyprus to Papua New Guinea have decreased at an annualized rate of 11.7%,  from $273k in 2011 to $147k in 2023.

In 2023, Cyprus did not export any services to Papua New Guinea.

Comparison In 2023,  Papua New Guinea ranked 127 in the Economic Complexity Index (ECI -1.63),  and 93 in total exports ($12.5B). That same year, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Papua New Guinea exported $571 to Cyprus. The main products exported from Papua New Guinea to Cyprus were Computers ($571). During the last 12 years the exports of Papua New Guinea to Cyprus have increased at an annualized rate of 2.63%, from $418 in 2011 to $571 in 2023.

In 2018, Cyprus exported $147k to Papua New Guinea. The main products exported from Cyprus to Papua New Guinea were Packaged Medicaments ($111k), Fruit Juice ($28.6k), and Flavored Water ($5.77k). During the last 5 years the exports of Cyprus to Papua New Guinea have decreased at an annualized rate of 11.7%, from $273k in 2023 to $147k in 2018.

Exports from Papua New Guinea (Flag) to Cyprus (Flag) (2023)

Exports from Cyprus (Flag) to Papua New Guinea (Flag) (2023)

Latest Data

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

Cyprus Exports

Market Competitiveness

Color
Papua New Guinea
Top Destination
China$3.55B
Cyprus
Top Destination
Libya$775M

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

In 2023, countries that imported more from Papua New Guinea than Cyprus included China ($3.55B), Japan ($3.19B), and Australia ($2.07B).

In 2023, countries that imported more from Cyprus than Papua New Guinea included Libya ($775M), Greece ($626M), and Lebanon ($438M).

Difference in imports from Cyprus (Flag) and Papua New Guinea (Flag) (2023)

Comparative Advantage Papua New Guinea - Cyprus

Flow
Scale

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

During 2023, Papua New Guinea had a large net trade with Cyprus in the exports of Machines ($571).

During 2018, Cyprus had a large net trade with Papua New Guinea in the exports of Chemical Products ($111k) and Foodstuffs ($36.1k).

Economic Complexity

Competitive Landscape

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

Product Space of Papua New Guinea (Flag) and Cyprus (Flag) (2023)

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