GDP$16.8BCURRENT US$Rnk 126 / 186 GDP GROWTH36.8%CURRENT US$Rnk 90 / 186
GDP$30.6BCURRENT US$Rnk 102 / 186 GDP GROWTH43.9%CURRENT US$Rnk 78 / 186 GDP PC $4,947CURRENT US$Rnk 112 / 186GDP PC GROWTH12.4%CURRENT US$Rnk 107 / 186GDP PC$3,020CURRENT US$Rnk 133 / 186GDP PC GROWTH13.8%CURRENT US$Rnk 100 / 186In N/A, Mongolia did not export any services to Papua New Guinea.
Papua New Guinea-Mongolia In N/A, Papua New Guinea did not export any products to Mongolia.
In N/A, Papua New Guinea did not export any services to Mongolia.
Comparison: In 2022, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B). That same year, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B).
This map shows whether countries import more from Mongolia or Papua New Guinea. Each country is colored based on the difference in imports they receive from Mongolia and Papua New Guinea or the difference in the growth in imports.
In 2022, countries that imported more from Mongolia than Papua New Guinea included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).
In 2022, countries that imported more from Papua New Guinea than Mongolia included Japan ($4.03B), Australia ($1.74B), and Chinese Taipei ($1.46B).
) and Mongolia () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Mongolia and Papua New Guinea. This means that a dot/product with the flag of Mongolia 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 Mongolia.
) and Papua New Guinea () (NaN)
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