2022
Flag  
GDP
$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH
43.9%CURRENT US$
Rnk 78 / 186
2022
Flag
 GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 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
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186

About

Papua New Guinea-Cyprus Trade: In 2022, Papua New Guinea exported $268 to Cyprus. The main products that Papua New Guinea exported to Cyprus were Paintings ($268). Over the past 15 years the exports of Papua New Guinea to Cyprus have decreased at an annualized rate of 29%, from $46.1k in 2007 to $268 in 2022.

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

Cyprus-Papua New Guinea Trade: In 2022, Cyprus exported $352k to Papua New Guinea. The main products that Cyprus exported to Papua New Guinea were Packaged Medicaments ($218k), Fruit Juice ($103k), and Flavored Water ($31.5k). Over the past 15 years the exports of Cyprus to Papua New Guinea have increased at an annualized rate of 3.91%,  from $290k in 2007 to $352k in 2022.

In 2022, Cyprus 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, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Papua New Guinea exported $268 to Cyprus. The main products exported from Papua New Guinea to Cyprus were Paintings ($268). During the last 15 years the exports of Papua New Guinea to Cyprus have decreased at an annualized rate of 29%, from $46.1k in 2007 to $268 in 2022.

In 2017, Cyprus exported $352k to Papua New Guinea. The main products exported from Cyprus to Papua New Guinea were Packaged Medicaments ($218k), Fruit Juice ($103k), and Flavored Water ($31.5k). During the last 5 years the exports of Cyprus to Papua New Guinea have increased at an annualized rate of 3.91%, from $290k in 2022 to $352k in 2017.

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

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

Latest Data

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

Cyprus Exports

Market Competitiveness

Color
Papua New Guinea
Top Destination
Japan$4.03B
Cyprus
Top Destination
Hong Kong$482M

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

In 2022, countries that imported more from Cyprus than Papua New Guinea included Greece ($471M), Hong Kong ($482M), and Lebanon ($329M).

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

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 2022, Papua New Guinea had a large net trade with Cyprus in the exports of Arts and Antiques ($268).

During 2017, Cyprus had a large net trade with Papua New Guinea in the exports of Chemical Products ($218k) and Foodstuffs ($134k).

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) (2022)

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