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Flag → Flag
Top Product $84.4MWheat
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Flag → Flag
Exports $63.6MRnk 3 / 93
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Flag → Flag
Top Product $1.79BGold
2023
Flag
Economic Complexity (ECI) ECI -0.28Rnk 75 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.63Rnk 127 / 132
2023
Flag  
GDP$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
 GDP$30.7BCURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP GROWTH44.5%CURRENT US$
Rnk 87 / 195
2023
Flag
GDP PC $64,821CURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP PC GROWTH-4.94%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC$2,958CURRENT US$
Rnk 142 / 196
2013-2023
Flag
GDP PC GROWTH15.5%CURRENT US$
Rnk 117 / 195

About

In 2009, Australia exported services to Papua New Guinea worth $347M, with Other business services ($158M), Travel ($124M), and Personal, cultural, and recreational services ($30.9M) being the largest in terms of value.

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

In N/A, Papua New Guinea did not export any services to Australia.

Comparison: In 2023,  Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B). That same year, Papua New Guinea ranked 127 in the Economic Complexity Index (ECI -1.63), and 93 in total exports ($12.5B).

Historical Data

Latest Data

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

Australia Exports

Potential Exports

Potential Exports

Depth
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Top Product Potential Australia Papua New Guinea+$483kRaw Sugar
Top Product Potential Papua New Guinea Australia+N/AN/A

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 Australia and Papua New Guinea. This means that a dot/product with the flag of Australia 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 Australia.

Product Space of Australia (Flag) and Papua New Guinea (Flag) (NaN)

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