Papua New Guinea (PNG) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Papua New Guinea-Venezuela Trade: In 2013, Papua New Guinea exported $23.8k to Venezuela. The main products that Papua New Guinea exported to Venezuela were N/A. Over the past 14 years the exports of Papua New Guinea to Venezuela have decreased at an annualized rate of 9.76%, from $100k in 1999 to $23.8k in 2013.

In 2013, Papua New Guinea did not export any services to Venezuela.

Venezuela-Papua New Guinea In N/A, Venezuela did not export any products to Papua New Guinea.

In 2013, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2013, Papua New Guinea exported $23.8k to Venezuela. There were not main exports from Papua New Guinea to Venezuela in 2013. During the last 14 years the exports of Papua New Guinea to Venezuela have decreased at an annualized rate of 9.76%, from $100k in 1999 to $23.8k in 2013.

Venezuela does not register exports to Papua New Guinea.

Exports from Papua New Guinea () to Venezuela () (2021)

Exports from Venezuela () to Papua New Guinea () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationJapan$4.03B

Venezuela
Top DestinationChina$703M

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

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

In 2022, countries that imported more from Venezuela than Papua New Guinea included Turkey ($597M), Spain ($518M), and United States ($438M).

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

Comparative Advantage Papua New Guinea - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2013, Papua New Guinea had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Papua New Guinea () to Venezuela () (2021)

Exports from Venezuela () to Papua New Guinea () (2021)

Market Competitiveness

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

Comparative Advantage Papua New Guinea - Venezuela

Economic Complexity

Competitive Landscape

Product Space of Papua New Guinea () and Venezuela () (2021)

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