Papua New Guinea (PNG) and Guatemala (GTM) Trade | The Observatory of Economic Complexity

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Papua New Guinea-Guatemala Trade: In 2022, Papua New Guinea exported $9.28k to Guatemala. The main products that Papua New Guinea exported to Guatemala were Plastic Lids ($9.28k). Over the past 19 years the exports of Papua New Guinea to Guatemala have decreased at an annualized rate of 6.75%, from $35k in 2003 to $9.28k in 2022.

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

Guatemala-Papua New Guinea In N/A, Guatemala did not export any products to Papua New Guinea.

In 2022, Guatemala 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, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Papua New Guinea exported $9.28k to Guatemala. The main products exported from Papua New Guinea to Guatemala were Plastic Lids ($9.28k). During the last 19 years the exports of Papua New Guinea to Guatemala have decreased at an annualized rate of 6.75%, from $35k in 2003 to $9.28k in 2022.

Guatemala does not register exports to Papua New Guinea.

Exports from Papua New Guinea () to Guatemala () (2022)

Exports from Guatemala () to Papua New Guinea () (2022)

Latest Data

Trade between Papua New Guinea () and Guatemala ()

Guatemala Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationJapan$4.03B

Guatemala
Top DestinationUnited States$5.23B

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

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

In 2022, countries that imported more from Guatemala than Papua New Guinea included United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).

Difference in imports from Guatemala () and Papua New Guinea () (2022)

Comparative Advantage Papua New Guinea - Guatemala

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Papua New Guinea had a large net trade with Guatemala in the exports of Plastics and Rubbers ($9.28k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Papua New Guinea Guatemala+$12.3kPlastic Lids

Top Product Potential Guatemala Papua New Guinea+$2.21kPalm Oil

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Papua New Guinea () to Guatemala () (2022)

Exports from Guatemala () to Papua New Guinea () (2022)

Latest Data

Trade between Papua New Guinea () and Guatemala ()

Guatemala Exports

Market Competitiveness

Difference in imports from Guatemala () and Papua New Guinea () (2022)

Comparative Advantage Papua New Guinea - Guatemala

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Papua New Guinea () and Guatemala () (2022)

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