2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 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 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 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

Chile-Papua New Guinea Trade: In 2022, Chile exported $96.4k to Papua New Guinea. The main products that Chile exported to Papua New Guinea were Corn ($96.4k). Over the past 5 years the exports of Chile to Papua New Guinea have decreased at an annualized rate of 59%, from $8.3M in 2017 to $96.4k in 2022.

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

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

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). 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 2022, Chile exported $96.4k to Papua New Guinea. The main products exported from Chile to Papua New Guinea were Corn ($96.4k). During the last 5 years the exports of Chile to Papua New Guinea have decreased at an annualized rate of 59%, from $8.3M in 2017 to $96.4k in 2022.

Papua New Guinea does not register exports to Chile.

Exports from Chile (Flag) to Papua New Guinea (Flag) (2022)

Exports from Papua New Guinea (Flag) to Chile (Flag) (2022)

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Papua New Guinea
Top Destination
Japan$4.03B

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

In 2022, countries that imported more from Chile than Papua New Guinea included China ($38.5B), United States ($13.9B), and South Korea ($6.13B).

In 2022, countries that imported more from Papua New Guinea than Chile included Australia ($1.74B), Brunei ($321M), and Philippines ($132M).

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

Comparative Advantage Chile - Papua New Guinea

Flow
Scale

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

During 2022, Chile had a large net trade with Papua New Guinea in the exports of Vegetable Products ($96.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Papua New Guinea+$3.17kRefined Petroleum
Top Product Potential Papua New Guinea Chile+$6.8kPetroleum Gas

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

Product Space of Chile (Flag) and Papua New Guinea (Flag) (2022)

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