Papua New Guinea (PNG) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

About

Papua New Guinea-Nigeria Trade: In 2022, Papua New Guinea exported $2.56k to Nigeria. The main products that Papua New Guinea exported to Nigeria were Cutting Blades ($1.84k) and Broadcasting Equipment ($719). Over the past 5 years the exports of Papua New Guinea to Nigeria have increased at an annualized rate of 11%, from $1.52k in 2017 to $2.56k in 2022.

In 2022, 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 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Papua New Guinea exported $2.56k to Nigeria. The main products exported from Papua New Guinea to Nigeria were Cutting Blades ($1.84k) and Broadcasting Equipment ($719). During the last 5 years the exports of Papua New Guinea to Nigeria have increased at an annualized rate of 11%, from $1.52k in 2017 to $2.56k in 2022.

Nigeria does not register exports to Papua New Guinea.

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

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

Latest Data

Trade between Papua New Guinea () and Nigeria ()

Nigeria Exports

Date

Jun 2011

Apr 2011

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationJapan$4.03B

Nigeria
Top DestinationSpain$9.41B

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

In 2022, countries that imported more from Nigeria than Papua New Guinea included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Papua New Guinea - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Papua New Guinea had a large net trade with Nigeria in the exports of Metals ($1.84k) and Machines ($719).

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 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Papua New Guinea () and Nigeria ()

Nigeria Exports

Market Competitiveness

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

Comparative Advantage Papua New Guinea - Nigeria

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring