GDP$30.6BCURRENT US$Rnk 102 / 186 GDP GROWTH43.9%CURRENT US$Rnk 78 / 186
GDP$21.2BCURRENT US$Rnk 112 / 186 GDP GROWTH178%CURRENT US$Rnk 4 / 186 GDP PC $3,020CURRENT US$Rnk 133 / 186GDP PC GROWTH13.8%CURRENT US$Rnk 100 / 186GDP PC$1,532CURRENT US$Rnk 157 / 186GDP PC GROWTH116%CURRENT US$Rnk 6 / 186In N/A, Papua New Guinea did not export any services to Guinea.
Guinea-Papua New Guinea In N/A, Guinea did not export any products to Papua New Guinea.
In N/A, Guinea 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, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).
Papua New Guinea does not register exports to Guinea.
Guinea does not register exports to Papua New Guinea.
) to Guinea () (2021)) to Papua New Guinea () (2021)This map shows whether countries import more from Papua New Guinea or Guinea. Each country is colored based on the difference in imports they receive from Papua New Guinea and Guinea or the difference in the growth in imports.
In 2022, countries that imported more from Papua New Guinea than Guinea included Japan ($4.03B), Australia ($1.74B), and Chinese Taipei ($1.46B).
In 2022, countries that imported more from Guinea than Papua New Guinea included United Arab Emirates ($2.59B), India ($2.77B), and China ($3.81B).
) and Papua New Guinea () (2022)This chart compares trade between Papua New Guinea and Guinea by product, considering products traded by both, Papua New Guinea and Guinea.
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.
This visualization shows the product space at the HS4 level with the flags of Papua New Guinea and Guinea. This means that a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Guinea. Similarly, a dot/product with the flag of Guinea indicates it has a comparative advantage over Papua New Guinea.
) and Guinea () (2021)
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