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2021
Flag → Flag
Exports $2.53MRnk 121 / 0
2021
Flag → Flag
Exports $12.9kRnk 143 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.53Rnk 125 / 133
2022
Flag  
GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH43.9%CURRENT US$
Rnk 78 / 186
2022
Flag
GDP PC $2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC$3,020CURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP PC GROWTH13.8%CURRENT US$
Rnk 100 / 186

About

Bangladesh-Papua New Guinea Trade: In 2021, Bangladesh exported $2.53M to Papua New Guinea. The main products that Bangladesh exported to Papua New Guinea were N/A. Over the past 9 years the exports of Bangladesh to Papua New Guinea have increased at an annualized rate of 3.18%, from $1.91M in 2012 to $2.53M in 2021.

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

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

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

Comparison: In 2022,  Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). 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
Value

In 2021, Bangladesh exported $2.53M to Papua New Guinea. There were not main exports from Bangladesh to Papua New Guinea in 2021. During the last 9 years the exports of Bangladesh to Papua New Guinea have increased at an annualized rate of 3.18%, from $1.91M in 2012 to $2.53M in 2021.

Papua New Guinea does not register exports to Bangladesh.

Exports from Bangladesh (Flag) to Papua New Guinea (Flag) (2021)

Exports from Papua New Guinea (Flag) to Bangladesh (Flag) (2021)

Market Competitiveness

Color
Bangladesh
Top DestinationUnited States$11.7B
Papua New Guinea
Top DestinationJapan$4.03B

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

In 2022, countries that imported more from Bangladesh than Papua New Guinea included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

In 2022, countries that imported more from Papua New Guinea than Bangladesh included China ($3.44B), Japan ($4.03B), and Chinese Taipei ($1.46B).

Difference in imports from Papua New Guinea (Flag) and Bangladesh (Flag) (2022)

Comparative Advantage Bangladesh - Papua New Guinea

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Papua New Guinea+$2.89kKnit T-shirts
Top Product Potential Papua New Guinea Bangladesh+$6.17kRefined 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

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

Product Space of Bangladesh (Flag) and Papua New Guinea (Flag) (2021)

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