Bulgaria (BGR) and Papua New Guinea (PNG) Trade | The Observatory of Economic Complexity

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Bulgaria-Papua New Guinea Trade: In 2022, Bulgaria exported $35.3k to Papua New Guinea. The main products that Bulgaria exported to Papua New Guinea were Insulated Wire ($9.38k), Aircraft Parts ($8.31k), and Video Recording Equipment ($4.78k). Over the past 5 years the exports of Bulgaria to Papua New Guinea have decreased at an annualized rate of 18.5%, from $97.9k in 2017 to $35.3k in 2022.

In 2022, Bulgaria did not export any services to Papua New Guinea.

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

In 2022, Papua New Guinea did not export any services to Bulgaria.

Comparison: In 2022, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bulgaria exported $35.3k to Papua New Guinea. The main products exported from Bulgaria to Papua New Guinea were Insulated Wire ($9.38k), Aircraft Parts ($8.31k), and Video Recording Equipment ($4.78k). During the last 5 years the exports of Bulgaria to Papua New Guinea have decreased at an annualized rate of 18.5%, from $97.9k in 2017 to $35.3k in 2022.

Papua New Guinea does not register exports to Bulgaria. The main products exported from Papua New Guinea to Bulgaria were Coffee ($2.89M), Sawn Wood ($76.6k), and Aircraft Parts ($2.7k).

Exports from Bulgaria () to Papua New Guinea () (2022)

Exports from Papua New Guinea () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Papua New Guinea ()

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.91B

Papua New Guinea
Top DestinationJapan$4.03B

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

In 2022, countries that imported more from Bulgaria than Papua New Guinea included Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

In 2022, countries that imported more from Papua New Guinea than Bulgaria included Japan ($4.03B), China ($3.44B), and Australia ($1.74B).

Difference in imports from Papua New Guinea () and Bulgaria () (2022)

Comparative Advantage Bulgaria - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bulgaria had a large net trade with Papua New Guinea in the exports of Machines ($16.8k), Metals ($8.94k), and Transportation ($8.31k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bulgaria Papua New Guinea+$34.5kInsulated Wire

Top Product Potential Papua New Guinea Bulgaria+$369kCoffee

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

About

Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to Papua New Guinea () (2022)

Exports from Papua New Guinea () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Papua New Guinea ()

Bulgaria Exports

Market Competitiveness

Difference in imports from Papua New Guinea () and Bulgaria () (2022)

Comparative Advantage Bulgaria - Papua New Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bulgaria () and Papua New Guinea () (2022)

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