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Iceland-Papua New Guinea Trade: In 2022, Iceland exported $285 to Papua New Guinea. The main products that Iceland exported to Papua New Guinea were Knit Sweaters ($149), Other toys ($50), and Microphones and Headphones ($27). Over the past 6 years the exports of Iceland to Papua New Guinea have decreased at an annualized rate of 62.8%, from $108k in 2016 to $285 in 2022.

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

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

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

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. 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, Iceland exported $285 to Papua New Guinea. The main products exported from Iceland to Papua New Guinea were Knit Sweaters ($149), Other toys ($50), and Microphones and Headphones ($27). During the last 6 years the exports of Iceland to Papua New Guinea have decreased at an annualized rate of 62.8%, from $108k in 2016 to $285 in 2022.

Papua New Guinea does not register exports to Iceland.

Latest Data

Iceland Exports

Market Competitiveness

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

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Comparative Advantage Iceland - Papua New Guinea

Flow
Scale

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

During 2022, Iceland had a large net trade with Papua New Guinea in the exports of N/A.

Potential Exports

Potential Exports

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Top Product Potential Iceland Papua New Guinea+N/AN/A
Top Product Potential Papua New Guinea Iceland+N/AN/A

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Economic Complexity

Competitive Landscape

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

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

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