Denmark (DNK) and Papua New Guinea (PNG) Trade | The Observatory of Economic Complexity

About

Denmark-Papua New Guinea Trade: In 2022, Denmark exported $10.4M to Papua New Guinea. The main products that Denmark exported to Papua New Guinea were Other Prepared Meat ($6.56M), Industrial Food Preperation Machinery ($1.02M), and Aircraft Parts ($827k). Over the past 5 years the exports of Denmark to Papua New Guinea have increased at an annualized rate of 4.93%, from $8.18M in 2017 to $10.4M in 2022.

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

Papua New Guinea-Denmark Trade: In 2022, Papua New Guinea exported $146k to Denmark. The main products that Papua New Guinea exported to Denmark were Aircraft Parts ($81.5k), Processed Fish ($53.1k), and Vanilla ($8.02k). Over the past 5 years the exports of Papua New Guinea to Denmark have decreased at an annualized rate of 31%, from $932k in 2017 to $146k in 2022.

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

Comparison: In 2022, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). 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, Denmark exported $10.4M to Papua New Guinea. The main products exported from Denmark to Papua New Guinea were Other Prepared Meat ($6.56M), Industrial Food Preperation Machinery ($1.02M), and Aircraft Parts ($827k). During the last 5 years the exports of Denmark to Papua New Guinea have increased at an annualized rate of 4.93%, from $8.18M in 2017 to $10.4M in 2022.

In 2017, Papua New Guinea exported $146k to Denmark. The main products exported from Papua New Guinea to Denmark were Aircraft Parts ($81.5k), Processed Fish ($53.1k), and Vanilla ($8.02k). During the last 5 years the exports of Papua New Guinea to Denmark have decreased at an annualized rate of 31%, from $932k in 2022 to $146k in 2017.

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

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

Latest Data

Trade between Denmark () and Papua New Guinea ()

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Denmark
Top DestinationGermany$18.9B

Papua New Guinea
Top DestinationJapan$4.03B

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

In 2022, countries that imported more from Denmark than Papua New Guinea included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

In 2022, countries that imported more from Papua New Guinea than Denmark included Japan ($4.03B), Chinese Taipei ($1.46B), and Australia ($1.74B).

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

Comparative Advantage Denmark - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Denmark had a large net trade with Papua New Guinea in the exports of Foodstuffs ($6.57M), Machines ($1.85M), and Transportation ($827k).

During 2017, Papua New Guinea had a large net trade with Denmark in the exports of Transportation ($81.5k), Foodstuffs ($53.1k), and Vegetable Products ($8.02k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Denmark Papua New Guinea+$278kComputers

Top Product Potential Papua New Guinea Denmark+$146kProcessed Fish

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Denmark () and Papua New Guinea ()

Denmark Exports

Market Competitiveness

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

Comparative Advantage Denmark - Papua New Guinea

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring