GDP$18.9BCURRENT US$Rnk 120 / 186 GDP GROWTH53.3%CURRENT US$Rnk 55 / 186
GDP$30.6BCURRENT US$Rnk 102 / 186 GDP GROWTH43.9%CURRENT US$Rnk 78 / 186 GDP PC $6,803CURRENT US$Rnk 94 / 186GDP PC GROWTH60.2%CURRENT US$Rnk 27 / 186GDP PC$3,020CURRENT US$Rnk 133 / 186GDP PC GROWTH13.8%CURRENT US$Rnk 100 / 186In N/A, Albania did not export any services to Papua New Guinea.
Papua New Guinea-Albania In N/A, Papua New Guinea did not export any products to Albania.
In N/A, Papua New Guinea did not export any services to Albania.
Comparison: In 2022, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B). That same year, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B).
Albania does not register exports to Papua New Guinea.
Papua New Guinea does not register exports to Albania.
) to Papua New Guinea () (2020)) to Albania () (2020)This map shows whether countries import more from Albania or Papua New Guinea. Each country is colored based on the difference in imports they receive from Albania and Papua New Guinea or the difference in the growth in imports.
In 2022, countries that imported more from Albania than Papua New Guinea included Italy ($1.75B), Greece ($421M), and Spain ($309M).
In 2022, countries that imported more from Papua New Guinea than Albania included Japan ($4.03B), China ($3.44B), and Australia ($1.74B).
) and Albania () (2022)This chart compares trade between Albania and Papua New Guinea by product, considering products traded by both, Albania and Papua New Guinea.
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.
This visualization shows the product space at the HS4 level with the flags of Albania and Papua New Guinea. This means that a dot/product with the flag of Albania 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 Albania.
) and Papua New Guinea () (2020)
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