GDP$30.6BCURRENT US$Rnk 102 / 186 GDP GROWTH43.9%CURRENT US$Rnk 78 / 186
GDP$2.55BCURRENT US$Rnk 163 / 186 GDP GROWTH3.06%CURRENT US$Rnk 158 / 186 GDP PC $3,020CURRENT US$Rnk 133 / 186GDP PC GROWTH13.8%CURRENT US$Rnk 100 / 186GDP PC$1,107CURRENT US$Rnk 164 / 186GDP PC GROWTH-8.17%CURRENT US$Rnk 160 / 186In N/A, Papua New Guinea did not export any services to Lesotho.
Lesotho-Papua New Guinea In N/A, Lesotho did not export any products to Papua New Guinea.
In N/A, Lesotho 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, Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index.
Papua New Guinea does not register exports to Lesotho.
Lesotho does not register exports to Papua New Guinea.
) to Lesotho () (2021)) to Papua New Guinea () (2021)This map shows whether countries import more from Papua New Guinea or Lesotho. Each country is colored based on the difference in imports they receive from Papua New Guinea and Lesotho or the difference in the growth in imports.
In 2022, countries that imported more from Papua New Guinea than Lesotho included Japan ($4.03B), China ($3.44B), and Australia ($1.74B).
In 2022, countries that imported more from Lesotho than Papua New Guinea included South Africa ($434M), United States ($327M), and Belgium ($219M).
) and Papua New Guinea () (2022)This chart compares trade between Papua New Guinea and Lesotho by product, considering products traded by both, Papua New Guinea and Lesotho.
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 Lesotho. This means that a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Lesotho. Similarly, a dot/product with the flag of Lesotho indicates it has a comparative advantage over Papua New Guinea.
) and Lesotho () (2021)
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