Papua New Guinea (PNG) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

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Papua New Guinea-Kuwait Trade: In 2022, Papua New Guinea exported $10.9k to Kuwait. The main products that Papua New Guinea exported to Kuwait were Valves ($10.9k). Over the past 5 years the exports of Papua New Guinea to Kuwait have decreased at an annualized rate of 8.29%, from $16.9k in 2017 to $10.9k in 2022.

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

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

In 2022, Kuwait 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, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Papua New Guinea exported $10.9k to Kuwait. The main products exported from Papua New Guinea to Kuwait were Valves ($10.9k). During the last 5 years the exports of Papua New Guinea to Kuwait have decreased at an annualized rate of 8.29%, from $16.9k in 2017 to $10.9k in 2022.

Kuwait does not register exports to Papua New Guinea. The main products exported from Kuwait to Papua New Guinea were Cars ($16.1k) and Lifting Machinery ($6.39k).

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

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

Latest Data

Trade between Papua New Guinea () and Kuwait ()

Kuwait Exports

Date

Sep 2015

Mar 2015

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationJapan$4.03B

Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from Papua New Guinea than Kuwait included Australia ($1.74B), Brunei ($321M), and Netherlands ($436M).

In 2022, countries that imported more from Kuwait than Papua New Guinea included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Comparative Advantage Papua New Guinea - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Papua New Guinea had a large net trade with Kuwait in the exports of Machines ($10.9k).

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 Kuwait+$28.5kValves

Top Product Potential Kuwait Papua New Guinea+$61.6kCars

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 Kuwait. This means that a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Kuwait. Similarly, a dot/product with the flag of Kuwait indicates it has a comparative advantage over Papua New Guinea.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Papua New Guinea () and Kuwait ()

Kuwait Exports

Market Competitiveness

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

Comparative Advantage Papua New Guinea - Kuwait

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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