2022
Flag  
GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
 GDP
$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH
43.9%CURRENT US$
Rnk 78 / 186
2022
Flag
GDP PC 
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 186
2022
Flag
GDP PC
$3,020CURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP PC GROWTH
13.8%CURRENT US$
Rnk 100 / 186

About

Slovenia-Papua New Guinea Trade: In 2022, Slovenia exported $105k to Papua New Guinea. The main products that Slovenia exported to Papua New Guinea were Broadcasting Equipment ($52.8k), Other Electrical Machinery ($49.5k), and Centrifuges ($2.67k). Over the past 5 years the exports of Slovenia to Papua New Guinea have increased at an annualized rate of 30.6%, from $27.6k in 2017 to $105k in 2022.

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

Papua New Guinea-Slovenia Trade: In 2022, Papua New Guinea exported $168k to Slovenia. The main products that Papua New Guinea exported to Slovenia were Processed Fish ($113k), Other Electrical Machinery ($27.1k), and Coffee ($21.3k). Over the past 5 years the exports of Papua New Guinea to Slovenia have increased at an annualized rate of 3.76%,  from $140k in 2017 to $168k in 2022.

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

Comparison: In 2022,  Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B). That same year, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovenia exported $105k to Papua New Guinea. The main products exported from Slovenia to Papua New Guinea were Broadcasting Equipment ($52.8k), Other Electrical Machinery ($49.5k), and Centrifuges ($2.67k). During the last 5 years the exports of Slovenia to Papua New Guinea have increased at an annualized rate of 30.6%, from $27.6k in 2017 to $105k in 2022.

In 2017, Papua New Guinea exported $168k to Slovenia. The main products exported from Papua New Guinea to Slovenia were Processed Fish ($113k), Other Electrical Machinery ($27.1k), and Coffee ($21.3k). During the last 5 years the exports of Papua New Guinea to Slovenia have increased at an annualized rate of 3.76%, from $140k in 2022 to $168k in 2017.

Exports from Slovenia (Flag) to Papua New Guinea (Flag) (2022)

Exports from Papua New Guinea (Flag) to Slovenia (Flag) (2022)

Latest Data

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

Slovenia Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$9.92B
Papua New Guinea
Top Destination
Japan$4.03B

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

In 2022, countries that imported more from Slovenia than Papua New Guinea included Switzerland ($9.92B), Germany ($7.92B), and Italy ($6.28B).

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

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

Comparative Advantage Slovenia - Papua New Guinea

Flow
Scale

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

During 2022, Slovenia had a large net trade with Papua New Guinea in the exports of Machines ($105k).

During 2017, Papua New Guinea had a large net trade with Slovenia in the exports of Foodstuffs ($113k), Machines ($27.1k), and Vegetable Products ($27.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Papua New Guinea+$35.9kOther Electrical Machinery
Top Product Potential Papua New Guinea Slovenia+$149kProcessed Fish

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

Product Space of Slovenia (Flag) and Papua New Guinea (Flag) (2022)

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