Austria (AUT) and Papua New Guinea (PNG) Trade | The Observatory of Economic Complexity

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Austria-Papua New Guinea Trade: In 2023, Austria exported $1.66M to Papua New Guinea. The main products that Austria exported to Papua New Guinea were Other Printed Material ($288k), Interchangeable Tool Parts ($288k), and Other Heating Machinery ($123k). Over the past 5 years the exports of Austria to Papua New Guinea have decreased at an annualized rate of 10.1%, from $2.82M in 2018 to $1.66M in 2023.

In 2023, Austria did not export any services to Papua New Guinea.

Papua New Guinea-Austria Trade: In 2023, Papua New Guinea exported $6.3M to Austria. The main products that Papua New Guinea exported to Austria were Processed Fish ($4.76M), Pulley Systems ($448k), and Lifting Machinery ($213k). Over the past 5 years the exports of Papua New Guinea to Austria have increased at an annualized rate of 8.24%, from $4.24M in 2018 to $6.3M in 2023.

In 2023, Papua New Guinea did not export any services to Austria.

Comparison: In 2023, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B). 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

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Austria exported $1.66M to Papua New Guinea. The main products exported from Austria to Papua New Guinea were Other Printed Material ($288k), Interchangeable Tool Parts ($288k), and Other Heating Machinery ($123k). During the last 5 years the exports of Austria to Papua New Guinea have decreased at an annualized rate of 10.1%, from $2.82M in 2018 to $1.66M in 2023.

In 2018, Papua New Guinea exported $6.3M to Austria. The main products exported from Papua New Guinea to Austria were Processed Fish ($4.76M), Pulley Systems ($448k), and Lifting Machinery ($213k). During the last 5 years the exports of Papua New Guinea to Austria have increased at an annualized rate of 8.24%, from $4.24M in 2023 to $6.3M in 2018.

Exports from Austria () to Papua New Guinea () (2023)

Exports from Papua New Guinea () to Austria () (2023)

Latest Data

Trade between Austria () and Papua New Guinea ()

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$51B

Papua New Guinea
Top DestinationChina$3.55B

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

In 2023, countries that imported more from Austria than Papua New Guinea included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

In 2023, countries that imported more from Papua New Guinea than Austria included Japan ($3.19B), Australia ($2.07B), and Chinese Taipei ($999M).

Difference in imports from Papua New Guinea () and Austria () (2023)

Comparative Advantage Austria - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Austria had a large net trade with Papua New Guinea in the exports of Machines ($587k), Metals ($458k), and Paper Goods ($288k).

During 2018, Papua New Guinea had a large net trade with Austria in the exports of Foodstuffs ($4.76M), Machines ($854k), and Vegetable Products ($188k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Austria Papua New Guinea+$294kOther Iron Products

Top Product Potential Papua New Guinea Austria+$526kProcessed 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Austria () to Papua New Guinea () (2023)

Exports from Papua New Guinea () to Austria () (2023)

Latest Data

Trade between Austria () and Papua New Guinea ()

Austria Exports

Market Competitiveness

Difference in imports from Papua New Guinea () and Austria () (2023)

Comparative Advantage Austria - Papua New Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Austria () and Papua New Guinea () (2023)

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