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

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Iran-Papua New Guinea Trade: In 2021, Iran exported $886k to Papua New Guinea. The main products that Iran exported to Papua New Guinea were N/A. Over the past 10 years the exports of Iran to Papua New Guinea have decreased at an annualized rate of 1.42%, from $1.02M in 2011 to $886k in 2021.

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

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

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

Comparison: In 2023, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). 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, Iran exported $886k to Papua New Guinea. There were not main exports from Iran to Papua New Guinea in 2021. During the last 10 years the exports of Iran to Papua New Guinea have decreased at an annualized rate of 1.42%, from $1.02M in 2011 to $886k in 2021.

Papua New Guinea does not register exports to Iran.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iran
Top DestinationChina$4.59B

Papua New Guinea
Top DestinationChina$3.55B

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

In 2023, countries that imported more from Iran than Papua New Guinea included Turkey ($2.18B), China ($4.59B), and Pakistan ($943M).

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

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

Comparative Advantage Iran - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Iran 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 Iran Papua New Guinea+$2.52kRefined Petroleum

Top Product Potential Papua New Guinea Iran+$4.51kPalm Oil

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

Year

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

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Iran - Papua New Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Iran () and Papua New Guinea () (2021)

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