2023
Flag  
GDP
$30.7BCURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 87 / 195
2023
Flag
 GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC 
$2,958CURRENT US$
Rnk 142 / 195
2013-2023
Flag
GDP PC GROWTH
15.5%CURRENT US$
Rnk 117 / 195
2023
Flag
GDP PC
$1,597CURRENT US$
Rnk 164 / 196
2013-2023
Flag
GDP PC GROWTH
-44.4%CURRENT US$
Rnk 192 / 195

About

Papua New Guinea-Nigeria Trade: In 2023, Papua New Guinea exported $7.41k to Nigeria. The main products that Papua New Guinea exported to Nigeria were Knit T-shirts ($5.91k), Used Clothing ($924), and Broadcasting Equipment ($574). Over the past 5 years the exports of Papua New Guinea to Nigeria have decreased at an annualized rate of 11.6%, from $13.7k in 2018 to $7.41k in 2023.

In 2023, Papua New Guinea did not export any services to Nigeria.

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

In 2023, Nigeria did not export any services to Papua New Guinea.

Comparison: In 2023,  Papua New Guinea ranked 127 in the Economic Complexity Index (ECI -1.63), and 93 in total exports ($12.5B). That same year, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Papua New Guinea exported $7.41k to Nigeria. The main products exported from Papua New Guinea to Nigeria were Knit T-shirts ($5.91k), Used Clothing ($924), and Broadcasting Equipment ($574). During the last 5 years the exports of Papua New Guinea to Nigeria have decreased at an annualized rate of 11.6%, from $13.7k in 2018 to $7.41k in 2023.

Nigeria does not register exports to Papua New Guinea.

Exports from Papua New Guinea (Flag) to Nigeria (Flag) (2023)

Exports from Nigeria (Flag) to Papua New Guinea (Flag) (2023)

Latest Data

Trade between Papua New Guinea (Flag) and Nigeria (Flag)

Nigeria Exports

Date

Market Competitiveness

Color
Papua New Guinea
Top Destination
China$3.55B
Nigeria
Top Destination
United States$6.29B

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

In 2023, countries that imported more from Papua New Guinea than Nigeria included Japan ($3.19B), Australia ($2.07B), and China ($3.55B).

In 2023, countries that imported more from Nigeria than Papua New Guinea included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

Difference in imports from Nigeria (Flag) and Papua New Guinea (Flag) (2023)

Comparative Advantage Papua New Guinea - Nigeria

Flow
Scale

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

During 2023, Papua New Guinea had a large net trade with Nigeria in the exports of Textiles ($6.84k) and Machines ($574).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Papua New Guinea Nigeria+$8.65kTelephones
Top Product Potential Nigeria Papua New Guinea+$4.8kCrude Petroleum

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

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

Product Space of Papua New Guinea (Flag) and Nigeria (Flag) (2023)

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