2023
Flag  
GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
 GDP
$30.7BCURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 87 / 195
2023
Flag
GDP PC 
$32,963CURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP PC GROWTH
-25.1%CURRENT US$
Rnk 183 / 195
2023
Flag
GDP PC
$2,958CURRENT US$
Rnk 142 / 196
2013-2023
Flag
GDP PC GROWTH
15.5%CURRENT US$
Rnk 117 / 195

About

Brunei-Papua New Guinea Trade: In 2023, Brunei exported $3.8k to Papua New Guinea. The main products that Brunei exported to Papua New Guinea were Other Nickel Products ($1.28k), Valves ($833), and Other Iron Products ($825). Over the past 5 years the exports of Brunei to Papua New Guinea have decreased at an annualized rate of 45.9%, from $81.8k in 2018 to $3.8k in 2023.

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

Papua New Guinea-Brunei Trade: In 2023, Papua New Guinea exported $23.1M to Brunei. The main products that Papua New Guinea exported to Brunei were Crude Petroleum ($23.1M), Coffee ($1.31k), and Electrical Transformers ($63). Over the past 5 years the exports of Papua New Guinea to Brunei have increased at an annualized rate of 434%,  from $5.3k in 2018 to $23.1M in 2023.

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

Comparison In 2023,  Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index. 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
Value

In 2023, Brunei exported $3.8k to Papua New Guinea. The main products exported from Brunei to Papua New Guinea were Other Nickel Products ($1.28k), Valves ($833), and Other Iron Products ($825). During the last 5 years the exports of Brunei to Papua New Guinea have decreased at an annualized rate of 45.9%, from $81.8k in 2018 to $3.8k in 2023.

In 2018, Papua New Guinea exported $23.1M to Brunei. The main products exported from Papua New Guinea to Brunei were Crude Petroleum ($23.1M), Coffee ($1.31k), and Electrical Transformers ($63). During the last 5 years the exports of Papua New Guinea to Brunei have increased at an annualized rate of 434%, from $5.3k in 2023 to $23.1M in 2018.

Exports from Brunei (Flag) to Papua New Guinea (Flag) (2023)

Exports from Papua New Guinea (Flag) to Brunei (Flag) (2023)

Latest Data

Trade between Brunei (Flag) and Papua New Guinea (Flag)

Brunei Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.25B
Papua New Guinea
Top Destination
China$3.55B

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

In 2023, countries that imported more from Brunei than Papua New Guinea included Singapore ($1.72B), Malaysia ($638M), and Thailand ($539M).

In 2023, countries that imported more from Papua New Guinea than Brunei included China ($3.55B), Japan ($3.19B), and Chinese Taipei ($999M).

Difference in imports from Papua New Guinea (Flag) and Brunei (Flag) (2023)

Comparative Advantage Brunei - Papua New Guinea

Flow
Scale

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

During 2023, Brunei had a large net trade with Papua New Guinea in the exports of Metals ($2.12k), Machines ($833), and Instruments ($569).

During 2018, Papua New Guinea had a large net trade with Brunei in the exports of Mineral Products ($23.1M), Vegetable Products ($1.31k), and Machines ($63).

Economic Complexity

Competitive Landscape

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

Product Space of Brunei (Flag) and Papua New Guinea (Flag) (2023)

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