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Pricing

2022
Flag → Flag
Exports $44kRnk 63 / 94
2022
Flag → Flag
Top Product $26kRefined Petroleum
2022
Flag → Flag
Exports $101Rnk 200 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.53Rnk 125 / 133
2022
Flag  
GDP$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH43.9%CURRENT US$
Rnk 78 / 186
2022
Flag
 GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC $3,020CURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP PC GROWTH13.8%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186

About

Papua New Guinea-Nepal Trade: In 2022, Papua New Guinea exported $44k to Nepal. The main products that Papua New Guinea exported to Nepal were Refined Petroleum ($26k), Audio Alarms ($14.5k), and Electrical Control Boards ($3.37k). Over the past 7 years the exports of Papua New Guinea to Nepal have decreased at an annualized rate of 16.6%, from $157k in 2015 to $44k 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 2.43%,  from $126 in 2015 to $101 in 2022.

In 2022, Nepal 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, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Historical Data

Market Competitiveness

Color
Papua New Guinea
Top DestinationJapan$4.03B
Nepal
Top DestinationIndia$956M

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

In 2022, countries that imported more from Nepal than Papua New Guinea included India ($956M), United States ($152M), and Turkey ($28.3M).

Difference in imports from Nepal (Flag) and Papua New Guinea (Flag) (2022)

Potential Exports

Potential Exports

Depth
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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.

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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 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.

Product Space of Papua New Guinea (Flag) and Nepal (Flag) (NaN)

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