2023
Flag  
GDP
$30.7BCURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 87 / 195
2023
Flag
 GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 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
$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195

About

Papua New Guinea-Portugal Trade: In 2023, Papua New Guinea exported $7.6M to Portugal. The main products that Papua New Guinea exported to Portugal were Processed Fish ($7.6M), Knit Sweaters ($121), and Textile Scraps ($56). Over the past 5 years the exports of Papua New Guinea to Portugal have increased at an annualized rate of 38.1%, from $1.51M in 2018 to $7.6M in 2023.

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

Portugal-Papua New Guinea Trade: In 2023, Portugal exported $59.2k to Papua New Guinea. The main products that Portugal exported to Papua New Guinea were Refrigerators ($30.4k), Iron Gas Containers ($11.7k), and Gas and Liquid Flow Measuring Instruments ($7.96k). Over the past 5 years the exports of Portugal to Papua New Guinea have increased at an annualized rate of 3.59%,  from $49.7k in 2018 to $59.2k in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Papua New Guinea exported $7.6M to Portugal. The main products exported from Papua New Guinea to Portugal were Processed Fish ($7.6M), Knit Sweaters ($121), and Textile Scraps ($56). During the last 5 years the exports of Papua New Guinea to Portugal have increased at an annualized rate of 38.1%, from $1.51M in 2018 to $7.6M in 2023.

In 2018, Portugal exported $59.2k to Papua New Guinea. The main products exported from Portugal to Papua New Guinea were Refrigerators ($30.4k), Iron Gas Containers ($11.7k), and Gas and Liquid Flow Measuring Instruments ($7.96k). During the last 5 years the exports of Portugal to Papua New Guinea have increased at an annualized rate of 3.59%, from $49.7k in 2023 to $59.2k in 2018.

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

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

Latest Data

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

Portugal Exports

Market Competitiveness

Color
Papua New Guinea
Top Destination
China$3.55B
Portugal
Top Destination
Spain$17.7B

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

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

In 2023, countries that imported more from Portugal than Papua New Guinea included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

Comparative Advantage Papua New Guinea - Portugal

Flow
Scale

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

During 2023, Papua New Guinea had a large net trade with Portugal in the exports of Foodstuffs ($7.6M), Textiles ($177), and Chemical Products ($1).

During 2018, Portugal had a large net trade with Papua New Guinea in the exports of Machines ($39.4k), Metals ($11.7k), and Instruments ($7.96k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Papua New Guinea Portugal+$831kProcessed Fish
Top Product Potential Portugal Papua New Guinea+$108kComputers

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

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

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