Uruguay (URY) and Papua New Guinea (PNG) Trade | The Observatory of Economic Complexity

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Uruguay-Papua New Guinea Trade: In 2021, Uruguay exported $85.7k to Papua New Guinea. The main products that Uruguay exported to Papua New Guinea were N/A. Over the past 10 years the exports of Uruguay to Papua New Guinea have decreased at an annualized rate of 17%, from $551k in 2011 to $85.7k in 2021.

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

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

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

Comparison: In 2022, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Uruguay exported $85.7k to Papua New Guinea. There were not main exports from Uruguay to Papua New Guinea in 2021. During the last 10 years the exports of Uruguay to Papua New Guinea have decreased at an annualized rate of 17%, from $551k in 2011 to $85.7k in 2021.

Papua New Guinea does not register exports to Uruguay.

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

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

Latest Data

Trade between Uruguay () and Papua New Guinea ()

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uruguay
Top DestinationChina$2.89B

Papua New Guinea
Top DestinationJapan$4.03B

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

In 2022, countries that imported more from Uruguay than Papua New Guinea included Brazil ($1.69B), Argentina ($999M), and United States ($818M).

In 2022, countries that imported more from Papua New Guinea than Uruguay included Japan ($4.03B), Australia ($1.74B), and Chinese Taipei ($1.46B).

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

Comparative Advantage Uruguay - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uruguay Papua New Guinea+$2kRice

Top Product Potential Papua New Guinea Uruguay+$3.6kCrude 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.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Uruguay and Papua New Guinea. This means that a dot/product with the flag of Uruguay 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 Uruguay.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Uruguay () and Papua New Guinea ()

Uruguay Exports

Market Competitiveness

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

Comparative Advantage Uruguay - Papua New Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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