Papua New Guinea (PNG) and Nepal (NPL) Trade | The Observatory of Economic Complexity

About

Papua New Guinea-Nepal Trade: In 2022, Papua New Guinea exported $47.3k to Nepal. The main products that Papua New Guinea exported to Nepal were N/A. Over the past 7 years the exports of Papua New Guinea to Nepal have decreased at an annualized rate of 17.2%, from $176k in 2015 to $47.3k in 2022.

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

Nepal-Papua New Guinea Trade: In 2022, Nepal exported $101 to Papua New Guinea. The main products that Nepal exported to Papua New Guinea were N/A. Over the past 7 years the exports of Nepal to Papua New Guinea have decreased at an annualized rate of 4.33%, from $126 in 2015 to $101 in 2022.

In 2022, Nepal 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, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Papua New Guinea exported $47.3k to Nepal. There were not main exports from Papua New Guinea to Nepal in 2022. During the last 7 years the exports of Papua New Guinea to Nepal have decreased at an annualized rate of 17.2%, from $176k in 2015 to $47.3k in 2022.

In 2014, Nepal exported $101 to Papua New Guinea. There were not main exports from Nepal to Papua New Guinea in 2014. During the last 5 years the exports of Nepal to Papua New Guinea have decreased at an annualized rate of 4.33%, from $126 in 2019 to $101 in 2014.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationChina$3.55B

Nepal
Top DestinationIndia$811M

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

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

In 2023, countries that imported more from Nepal than Papua New Guinea included India ($811M), United States ($140M), and Turkey ($13.7M).

Difference in imports from Nepal () and Papua New Guinea () (2023)

Comparative Advantage Papua New Guinea - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Papua New Guinea had a large net trade with Nepal in the exports of .

During 2014, Nepal had a large net trade with Papua New Guinea in the exports of .

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 Nepal+$170kRefined Petroleum

Top Product Potential Nepal Papua New Guinea+$1.9kPalm 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.

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

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

Difference in imports from Nepal () and Papua New Guinea () (2023)

Comparative Advantage Papua New Guinea - Nepal

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 Nepal () (2022)

Keep Exploring