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

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Nigeria-Papua New Guinea Trade: In 2021, Nigeria exported $2.02k to Papua New Guinea. The main products that Nigeria exported to Papua New Guinea were N/A. Over the past 9 years the exports of Nigeria to Papua New Guinea have decreased at an annualized rate of 14.8%, from $8.55k in 2012 to $2.02k in 2021.

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

Papua New Guinea-Nigeria Trade: In 2021, Papua New Guinea exported $7.41k to Nigeria. The main products that Papua New Guinea exported to Nigeria were Knit T-shirts ($5.91k), Used Clothing ($924), and Broadcasting Equipment ($574). Over the past 9 years the exports of Papua New Guinea to Nigeria have decreased at an annualized rate of 6.63%, from $13.7k in 2012 to $7.41k in 2021.

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

Comparison: In 2023, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B). 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, Nigeria exported $2.02k to Papua New Guinea. There were not main exports from Nigeria to Papua New Guinea in 2021. During the last 9 years the exports of Nigeria to Papua New Guinea have decreased at an annualized rate of 14.8%, from $8.55k in 2012 to $2.02k in 2021.

In 2018, Papua New Guinea exported $7.41k to Nigeria. The main products exported from Papua New Guinea to Nigeria were Knit T-shirts ($5.91k), Used Clothing ($924), and Broadcasting Equipment ($574). During the last 5 years the exports of Papua New Guinea to Nigeria have decreased at an annualized rate of 6.63%, from $13.7k in 2023 to $7.41k in 2018.

Exports from Nigeria () to Papua New Guinea () (2023)

Exports from Papua New Guinea () to Nigeria () (2023)

Latest Data

Trade between Nigeria () and Papua New Guinea ()

Nigeria Exports

Date

Jun 2011

Apr 2011

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nigeria
Top DestinationUnited States$6.29B

Papua New Guinea
Top DestinationChina$3.55B

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

In 2023, countries that imported more from Nigeria than Papua New Guinea included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

In 2023, countries that imported more from Papua New Guinea than Nigeria included Japan ($3.19B), Australia ($2.07B), and China ($3.55B).

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

Comparative Advantage Nigeria - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2018, Papua New Guinea had a large net trade with Nigeria in the exports of Textiles ($6.84k) and Machines ($574).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nigeria Papua New Guinea+$4.8kCrude Petroleum

Top Product Potential Papua New Guinea Nigeria+$8.65kTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Nigeria () to Papua New Guinea () (2023)

Exports from Papua New Guinea () to Nigeria () (2023)

Latest Data

Trade between Nigeria () and Papua New Guinea ()

Nigeria Exports

Market Competitiveness

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

Comparative Advantage Nigeria - Papua New Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nigeria () and Papua New Guinea () (2023)

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