2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH
43.9%CURRENT US$
Rnk 78 / 186
2022
Flag
GDP PC 
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC
$3,020CURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP PC GROWTH
13.8%CURRENT US$
Rnk 100 / 186

About

Bolivia-Papua New Guinea Trade: In 2021, Bolivia exported $2 to Papua New Guinea. The main products that Bolivia exported to Papua New Guinea were N/A. Over the past 11 years the exports of Bolivia to Papua New Guinea have decreased at an annualized rate of 65%, from $210k in 2010 to $2 in 2021.

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

Papua New Guinea-Bolivia Trade: In 2021, Papua New Guinea exported $713 to Bolivia. The main products that Papua New Guinea exported to Bolivia were N/A. Over the past 11 years the exports of Papua New Guinea to Bolivia have decreased at an annualized rate of 0.87%,  from $745 in 2010 to $713 in 2021.

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

Comparison: In 2022,  Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B). 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, Bolivia exported $2 to Papua New Guinea. There were not main exports from Bolivia to Papua New Guinea in 2021. During the last 11 years the exports of Bolivia to Papua New Guinea have decreased at an annualized rate of 65%, from $210k in 2010 to $2 in 2021.

In 2016, Papua New Guinea exported $713 to Bolivia. There were not main exports from Papua New Guinea to Bolivia in 2016. During the last 5 years the exports of Papua New Guinea to Bolivia have decreased at an annualized rate of 0.87%, from $745 in 2021 to $713 in 2016.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Papua New Guinea
Top Destination
Japan$4.03B

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

In 2022, countries that imported more from Bolivia than Papua New Guinea included Brazil ($1.89B), Argentina ($1.76B), and India ($2.27B).

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

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

Comparative Advantage Bolivia - Papua New Guinea

Flow
Scale

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

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

During 2016, Papua New Guinea had a large net trade with Bolivia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Papua New Guinea+$1.92kRefined Petroleum
Top Product Potential Papua New Guinea Bolivia+$3.58kRefined 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 Bolivia and Papua New Guinea. This means that a dot/product with the flag of Bolivia 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 Bolivia.

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

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