2023
Flag  
GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 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 
$53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 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

Canada-Papua New Guinea Trade: In 2023, Canada exported $15.1M to Papua New Guinea. The main products that Canada exported to Papua New Guinea were Aircraft parts (gliders, balloons, and powered aircraft) ($5.48M), Planes, Helicopters, and/or Spacecraft ($5.37M), and Rubberworking Machinery ($633k). Over the past 5 years the exports of Canada to Papua New Guinea have decreased at an annualized rate of 5.03%, from $19.5M in 2018 to $15.1M in 2023.

In 2020, Canada exported services to Papua New Guinea worth $0, with being the largest in terms of value.

Papua New Guinea-Canada Trade: In 2023, Papua New Guinea exported $3.41M to Canada. The main products that Papua New Guinea exported to Canada were Coffee ($2.31M), Cocoa Beans ($486k), and Vanilla ($440k). Over the past 5 years the exports of Papua New Guinea to Canada have decreased at an annualized rate of 3.57%,  from $4.09M in 2018 to $3.41M in 2023.

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

Comparison: In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B). 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, Canada exported $15.1M to Papua New Guinea. The main products exported from Canada to Papua New Guinea were Aircraft parts (gliders, balloons, and powered aircraft) ($5.48M), Planes, Helicopters, and/or Spacecraft ($5.37M), and Rubberworking Machinery ($633k). During the last 5 years the exports of Canada to Papua New Guinea have decreased at an annualized rate of 5.03%, from $19.5M in 2018 to $15.1M in 2023.

In 2018, Papua New Guinea exported $3.41M to Canada. The main products exported from Papua New Guinea to Canada were Coffee ($2.31M), Cocoa Beans ($486k), and Vanilla ($440k). During the last 5 years the exports of Papua New Guinea to Canada have decreased at an annualized rate of 3.57%, from $4.09M in 2023 to $3.41M in 2018.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$410B
Papua New Guinea
Top Destination
China$3.55B

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

In 2023, countries that imported more from Canada than Papua New Guinea included United States ($410B), China ($31.1B), and United Kingdom ($18B).

In 2023, countries that imported more from Papua New Guinea than Canada included Brunei ($23.1M).

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

Comparative Advantage Canada - Papua New Guinea

Flow
Scale

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

During 2023, Canada had a large net trade with Papua New Guinea in the exports of Transportation ($11.1M), Machines ($2.87M), and Instruments ($361k).

During 2018, Papua New Guinea had a large net trade with Canada in the exports of Vegetable Products ($2.75M), Foodstuffs ($549k), and Arts and Antiques ($85.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Papua New Guinea+$737kGas Turbines
Top Product Potential Papua New Guinea Canada+$2.79MCoffee

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

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

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