Flag Papua New Guinea / Fiji Flag

Exports FlagFlag  (2018): $6.29M, Rnk 25 / 79

Top Product FlagFlag (2018): $3.37M, Processed Fish

Exports FlagFlag (2018): $23.6M, Rnk 8 / 120

Top Product FlagFlag (2018): $12.1M, Refined Petroleum

Economic Complexity of Flag (2018): ECI -1.83, Rnk 137 / 137

Papua New Guinea-Fiji: In 2018, Papua New Guinea exported $6.29M to Fiji. The main products exported from Papua New Guinea to Fiji were Processed Fish ($3.37M), Perfume Plants ($561k), and Packing Bags ($457k). During the last 20 years the exports of Papua New Guinea to Fiji have increased at an annualized rate of 12.6%, from $583k in 1998 to $6.29M in 2018.

Fiji-Papua New Guinea: In 2018, Fiji exported $23.6M to Papua New Guinea. The main products exported from Fiji to Papua New Guinea were Refined Petroleum ($12.1M), Insulated Wire ($2.37M), and Baked Goods ($1.59M). During the last 20 years the exports of Fiji to Papua New Guinea have increased at an annualized rate of 14.1%, from $1.69M in 1998 to $23.6M in 2018.

Comparison: In 2018, Papua New Guinea ranked 137 in the Economic Complexity Index (ECI -1.83), and 94 in total exports ($8.53B). That same year, Fiji ranked 153 in total exports ($951M), and does not have data regarding Economic Complexity Index. N/A

Bilateral Trade by Products

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Depth
Value

In 2018, Papua New Guinea exported $6.29M to Fiji. The main products exported from Papua New Guinea to Fiji were Processed Fish ($3.37M), Perfume Plants ($561k), and Packing Bags ($457k). During the last 20 years the exports of Papua New Guinea to Fiji have increased at an annualized rate of 12.6%, from $583k in 1998 to $6.29M in 2018.

In 2018, Fiji exported $23.6M to Papua New Guinea. The main products exported from Fiji to Papua New Guinea were Refined Petroleum ($12.1M), Insulated Wire ($2.37M), and Baked Goods ($1.59M). During the last 20 years the exports of Fiji to Papua New Guinea have increased at an annualized rate of 14.1%, from $1.69M in 1998 to $23.6M in 2018.

Market Competitiveness

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Measure

Papua New Guinea
Top Destination
: Australia, $2.66B

Fiji
Top Destination
: United States, $243M

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

In 2018, countries that imported more from Papua New Guinea than Fiji were China ($2.66B), Australia ($2.66B), and Chinese Taipei ($603M).

In 2018, countries that imported more from Fiji than Papua New Guinea were United States ($243M), New Zealand ($60.1M), and Vanuatu ($29.7M).

Comparative Advantage Papua New Guinea - Fiji

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Depth

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

During 2018, Papua New Guinea had a large net trade with Fiji in the exports of Foodstuffs ($3.5M), Vegetable Products ($1.36M), and Textiles ($465k).

During 2018, Fiji had a large net trade with Papua New Guinea in the exports of Mineral Products ($12.1M), Machines ($3.31M), and Foodstuffs ($2.35M).

Tariff Section

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This sections shows import tariffs for products traded between Papua New Guinea and Fiji (using the HS6 product classification and the last year reported).

In 2018, the products from Papua New Guinea that paid the highest import tariffs to enter Fiji were Raw sugar, beet (30%) and Sugars: cane sugar, raw, in solid form, as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter (30%).

In 2018, the products from Fiji that paid the highest import tariffs to enter Papua New Guinea were Sugars: cane sugar, raw, in solid form, as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter (32%) and Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter (32%).

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*The tariffs present between Papua New Guinea and Fiji are:
136: Most Favoured Nation duty rate treatement
314: Preferential tariff for The Melanesian Spearhead Group (MSG)

Trade Forecasts

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This section shows a forecast for total trade between Papua New Guinea and Fiji. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Papua New Guinea has comparative advantage over Fiji. Similarly, the more red a dot/product is, the more Fiji has comparative advantage over Papua New Guinea.