2022
Flag  
GDP
$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH
43.9%CURRENT US$
Rnk 78 / 186
2022
Flag
 GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC 
$3,020CURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP PC GROWTH
13.8%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

Papua New Guinea-Russia Trade: In 2021, Papua New Guinea exported $3.23M to Russia. The main products that Papua New Guinea exported to Russia were N/A. Over the past 5 years the exports of Papua New Guinea to Russia have increased at an annualized rate of 1.46%, from $3M in 2016 to $3.23M in 2021.

In 2021, Papua New Guinea did not export any services to Russia.

Russia-Papua New Guinea Trade: In 2021, Russia exported $1.02M to Papua New Guinea. The main products that Russia exported to Papua New Guinea were N/A. Over the past 5 years the exports of Russia to Papua New Guinea have decreased at an annualized rate of 49.9%,  from $32.3M in 2016 to $1.02M in 2021.

In 2020, Russia exported services to Papua New Guinea worth $18k, with Other business services ($11k), Travel ($5k), and Computer and information services ($2k) being the largest in terms of value.

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, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Papua New Guinea exported $3.23M to Russia. There were not main exports from Papua New Guinea to Russia in 2021. During the last 5 years the exports of Papua New Guinea to Russia have increased at an annualized rate of 1.46%, from $3M in 2016 to $3.23M in 2021.

In 2016, Russia exported $1.02M to Papua New Guinea. There were not main exports from Russia to Papua New Guinea in 2016. During the last 5 years the exports of Russia to Papua New Guinea have decreased at an annualized rate of 49.9%, from $32.3M in 2021 to $1.02M in 2016.

Exports from Papua New Guinea (Flag) to Russia (Flag) (2021)

Exports from Russia (Flag) to Papua New Guinea (Flag) (2021)

Latest Data

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

Russia Exports

Market Competitiveness

Color
Papua New Guinea
Top Destination
Japan$4.03B
Russia
Top Destination
China$101B

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

In 2022, countries that imported more from Papua New Guinea than Russia included Australia ($1.74B), Brunei ($321M), and Fiji ($4.3M).

In 2022, countries that imported more from Russia than Papua New Guinea included China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Papua New Guinea - Russia

Flow
Scale

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

During 2021, Papua New Guinea had a large net trade with Russia in the exports of .

During 2016, Russia had a large net trade with Papua New Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Papua New Guinea Russia+$5.61kPetroleum Gas
Top Product Potential Russia Papua New Guinea+$6.67kRefined 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

Bilateral Service Trade

In 2020, Russia exported services to Papua New Guinea worth $18k, with Other business services ($11k), Travel ($5k), and Computer and information services ($2k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Papua New Guinea (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Papua New Guinea (Flag) and Russia (Flag) (2021)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with