Azerbaijan (AZE) and Papua New Guinea (PNG) Trade | The Observatory of Economic Complexity

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Azerbaijan-Papua New Guinea Trade: In 2023, Azerbaijan exported $128k to Papua New Guinea. The main products that Azerbaijan exported to Papua New Guinea were Machinery Having Individual Functions ($128k). Over the past 6 years the exports of Azerbaijan to Papua New Guinea have increased at an annualized rate of 48.6%, from $11.9k in 2017 to $128k in 2023.

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

Papua New Guinea-Azerbaijan Trade: In 2023, Papua New Guinea exported $796 to Azerbaijan. The main products that Papua New Guinea exported to Azerbaijan were Coffee ($796). Over the past 6 years the exports of Papua New Guinea to Azerbaijan have decreased at an annualized rate of 10.8%, from $1.41k in 2017 to $796 in 2023.

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

Comparison: In 2023, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B). 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, Azerbaijan exported $128k to Papua New Guinea. The main products exported from Azerbaijan to Papua New Guinea were Machinery Having Individual Functions ($128k). During the last 6 years the exports of Azerbaijan to Papua New Guinea have increased at an annualized rate of 48.6%, from $11.9k in 2017 to $128k in 2023.

In 2018, Papua New Guinea exported $796 to Azerbaijan. The main products exported from Papua New Guinea to Azerbaijan were Coffee ($796). During the last 5 years the exports of Papua New Guinea to Azerbaijan have decreased at an annualized rate of 10.8%, from $1.41k in 2023 to $796 in 2018.

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

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

Latest Data

Trade between Azerbaijan () and Papua New Guinea ()

Azerbaijan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$11.4B

Papua New Guinea
Top DestinationChina$3.55B

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

In 2023, countries that imported more from Azerbaijan than Papua New Guinea included Italy ($11.4B), Turkey ($5.85B), and Israel ($1.4B).

In 2023, countries that imported more from Papua New Guinea than Azerbaijan included China ($3.55B), Japan ($3.19B), and Australia ($2.07B).

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

Comparative Advantage Azerbaijan - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Azerbaijan had a large net trade with Papua New Guinea in the exports of Machines ($128k).

During 2018, Papua New Guinea had a large net trade with Azerbaijan in the exports of Vegetable Products ($796).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Azerbaijan Papua New Guinea+$3.3kCrude Petroleum

Top Product Potential Papua New Guinea Azerbaijan+$3.77kPetroleum Gas

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Azerbaijan () and Papua New Guinea ()

Azerbaijan Exports

Market Competitiveness

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

Comparative Advantage Azerbaijan - Papua New Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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