2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 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 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 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

India-Papua New Guinea Trade: In 2022, India exported $85.3M to Papua New Guinea. The main products that India exported to Papua New Guinea were Rice ($19.2M), Packaged Medicaments ($18.6M), and Other Cast Iron Products ($8.27M). Over the past 5 years the exports of India to Papua New Guinea have increased at an annualized rate of 18.5%, from $36.5M in 2017 to $85.3M in 2022.

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

Papua New Guinea-India Trade: In 2022, Papua New Guinea exported $619M to India. The main products that Papua New Guinea exported to India were Palm Oil ($418M), Copper Ore ($136M), and Rough Wood ($37.1M). Over the past 5 years the exports of Papua New Guinea to India have increased at an annualized rate of 32%,  from $155M in 2017 to $619M in 2022.

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

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). 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, India exported $85.3M to Papua New Guinea. The main products exported from India to Papua New Guinea were Rice ($19.2M), Packaged Medicaments ($18.6M), and Other Cast Iron Products ($8.27M). During the last 5 years the exports of India to Papua New Guinea have increased at an annualized rate of 18.5%, from $36.5M in 2017 to $85.3M in 2022.

In 2017, Papua New Guinea exported $619M to India. The main products exported from Papua New Guinea to India were Palm Oil ($418M), Copper Ore ($136M), and Rough Wood ($37.1M). During the last 5 years the exports of Papua New Guinea to India have increased at an annualized rate of 32%, from $155M in 2022 to $619M in 2017.

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

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Papua New Guinea
Top Destination
Japan$4.03B

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

In 2022, countries that imported more from India than Papua New Guinea included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Papua New Guinea than India included Brunei ($321M).

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

Comparative Advantage India - Papua New Guinea

Flow
Scale

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

During 2022, India had a large net trade with Papua New Guinea in the exports of Chemical Products ($23.9M), Vegetable Products ($19.4M), and Metals ($9.87M).

During 2017, Papua New Guinea had a large net trade with India in the exports of Animal and Vegetable Bi-Products ($428M), Mineral Products ($136M), and Wood Products ($45.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Papua New Guinea+$7.63MRice
Top Product Potential Papua New Guinea India+$38.7MCopper Ore

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

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with