Papua New Guinea (PNG) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Papua New Guinea-Thailand Trade: In 2022, Papua New Guinea exported $194M to Thailand. The main products that Papua New Guinea exported to Thailand were Crude Petroleum ($95.2M), Petroleum Gas ($77M), and Non-fillet Frozen Fish ($18M). Over the past 5 years the exports of Papua New Guinea to Thailand have decreased at an annualized rate of 4.05%, from $238M in 2017 to $194M in 2022.

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

Thailand-Papua New Guinea Trade: In 2022, Thailand exported $184M to Papua New Guinea. The main products that Thailand exported to Papua New Guinea were Rice ($42.5M), Raw Sugar ($24.3M), and Delivery Trucks ($16M). Over the past 5 years the exports of Thailand to Papua New Guinea have increased at an annualized rate of 5.81%, from $139M in 2017 to $184M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Papua New Guinea exported $194M to Thailand. The main products exported from Papua New Guinea to Thailand were Crude Petroleum ($95.2M), Petroleum Gas ($77M), and Non-fillet Frozen Fish ($18M). During the last 5 years the exports of Papua New Guinea to Thailand have decreased at an annualized rate of 4.05%, from $238M in 2017 to $194M in 2022.

In 2017, Thailand exported $184M to Papua New Guinea. The main products exported from Thailand to Papua New Guinea were Rice ($42.5M), Raw Sugar ($24.3M), and Delivery Trucks ($16M). During the last 5 years the exports of Thailand to Papua New Guinea have increased at an annualized rate of 5.81%, from $139M in 2022 to $184M in 2017.

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

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

Latest Data

Trade between Papua New Guinea () and Thailand ()

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationJapan$4.03B

Thailand
Top DestinationUnited States$53.4B

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

In 2022, countries that imported more from Papua New Guinea than Thailand included Brunei ($321M).

In 2022, countries that imported more from Thailand than Papua New Guinea included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Papua New Guinea - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Papua New Guinea had a large net trade with Thailand in the exports of Mineral Products ($172M), Animal Products ($20.4M), and Vegetable Products ($356k).

During 2017, Thailand had a large net trade with Papua New Guinea in the exports of Foodstuffs ($43.4M), Vegetable Products ($43M), and Transportation ($30.5M).

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 Thailand+$115MPetroleum Gas

Top Product Potential Thailand Papua New Guinea+$4MDelivery Trucks

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

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Papua New Guinea () and Thailand ()

Thailand Exports

Market Competitiveness

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

Comparative Advantage Papua New Guinea - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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