2023
Flag  
GDP
$30.7BCURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 87 / 195
2023
Flag
GDP PC 
$2,958CURRENT US$
Rnk 142 / 195
2013-2023
Flag
GDP PC GROWTH
15.5%CURRENT US$
Rnk 117 / 195

About

Papua New Guinea-Chinese Taipei Trade: In 2023, Papua New Guinea exported $999M to Chinese Taipei. The main products that Papua New Guinea exported to Chinese Taipei were Petroleum Gas ($982M), Rough Wood ($8.33M), and Sawn Wood ($4.07M). Over the past 5 years the exports of Papua New Guinea to Chinese Taipei have increased at an annualized rate of 8.29%, from $671M in 2018 to $999M in 2023.

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

Chinese Taipei-Papua New Guinea Trade: In 2023, Chinese Taipei exported $167M to Papua New Guinea. The main products that Chinese Taipei exported to Papua New Guinea were Refined Petroleum ($124M), Non-fillet Frozen Fish ($17.7M), and Rice ($16.1M). Over the past 5 years the exports of Chinese Taipei to Papua New Guinea have increased at an annualized rate of 24.6%,  from $55.6M in 2018 to $167M in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Papua New Guinea exported $999M to Chinese Taipei. The main products exported from Papua New Guinea to Chinese Taipei were Petroleum Gas ($982M), Rough Wood ($8.33M), and Sawn Wood ($4.07M). During the last 5 years the exports of Papua New Guinea to Chinese Taipei have increased at an annualized rate of 8.29%, from $671M in 2018 to $999M in 2023.

In 2018, Chinese Taipei exported $167M to Papua New Guinea. The main products exported from Chinese Taipei to Papua New Guinea were Refined Petroleum ($124M), Non-fillet Frozen Fish ($17.7M), and Rice ($16.1M). During the last 5 years the exports of Chinese Taipei to Papua New Guinea have increased at an annualized rate of 24.6%, from $55.6M in 2023 to $167M in 2018.

Exports from Papua New Guinea (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Papua New Guinea (Flag) (2023)

Market Competitiveness

Color
Papua New Guinea
Top Destination
China$3.55B
Chinese Taipei
Top Destination
China$101B

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

In 2023, countries that imported more from Papua New Guinea than Chinese Taipei included Brunei ($23.1M).

In 2023, countries that imported more from Chinese Taipei than Papua New Guinea included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

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

Comparative Advantage Papua New Guinea - Chinese Taipei

Flow
Scale

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

During 2023, Papua New Guinea had a large net trade with Chinese Taipei in the exports of Mineral Products ($982M), Wood Products ($12.4M), and Vegetable Products ($2.21M).

During 2018, Chinese Taipei had a large net trade with Papua New Guinea in the exports of Mineral Products ($124M), Animal Products ($17.7M), and Vegetable Products ($16.2M).

Economic Complexity

Competitive Landscape

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

Product Space of Papua New Guinea (Flag) and Chinese Taipei (Flag) (2023)

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