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

About

Guinea-Papua New Guinea Trade: In 2021, Guinea exported $117 to Papua New Guinea. The main products that Guinea exported to Papua New Guinea were N/A. Over the past 9 years the exports of Guinea to Papua New Guinea have decreased at an annualized rate of 33.4%, from $4.54k in 2012 to $117 in 2021.

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

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

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

Comparison: In 2023, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Guinea exported $117 to Papua New Guinea. There were not main exports from Guinea to Papua New Guinea in 2021. During the last 9 years the exports of Guinea to Papua New Guinea have decreased at an annualized rate of 33.4%, from $4.54k in 2012 to $117 in 2021.

Papua New Guinea does not register exports to Guinea.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationUnited Arab Emirates$9.05B

Papua New Guinea
Top DestinationChina$3.55B

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

In 2023, countries that imported more from Guinea than Papua New Guinea included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

In 2023, countries that imported more from Papua New Guinea than Guinea included Japan ($3.19B), Australia ($2.07B), and Chinese Taipei ($999M).

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

Comparative Advantage Guinea - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Papua New Guinea+$1.38kRefined Petroleum

Top Product Potential Papua New Guinea Guinea+$2.82kRefined 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.

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

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Guinea - 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 Guinea () and Papua New Guinea () (2021)

Keep Exploring