NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $948kRnk 157 / 205
2023
Flag → Flag
Top Product $335kInterchangeable Tool Parts
2023
Flag → Flag
Exports $8.97kRnk 66 / 93
2023
Flag → Flag
Top Product $4.64kCoffee
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.63Rnk 127 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP$30.7BCURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP GROWTH44.5%CURRENT US$
Rnk 87 / 195
2023
Flag
GDP PC $87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC$2,958CURRENT US$
Rnk 142 / 196
2013-2023
Flag
GDP PC GROWTH15.5%CURRENT US$
Rnk 117 / 195

About

Norway-Papua New Guinea Trade: In 2023, Norway exported $948k to Papua New Guinea. The main products that Norway exported to Papua New Guinea were Interchangeable Tool Parts ($335k), Machinery Having Individual Functions ($326k), and Stone Processing Machines ($54.2k). Over the past 5 years the exports of Norway to Papua New Guinea have increased at an annualized rate of 10.1%, from $586k in 2018 to $948k in 2023.

In 2023, Norway did not export any services to Papua New Guinea.

Papua New Guinea-Norway Trade: In 2023, Papua New Guinea exported $8.97k to Norway. The main products that Papua New Guinea exported to Norway were Coffee ($4.64k), Nutmeg, mace and cardamons ($2.8k), and Vanilla ($1.37k). Over the past 5 years the exports of Papua New Guinea to Norway have decreased at an annualized rate of 43%,  from $459k in 2018 to $8.97k in 2023.

In 2023, Papua New Guinea did not export any services to Norway.

Comparison: In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). That same year, Papua New Guinea ranked 127 in the Economic Complexity Index (ECI -1.63), and 93 in total exports ($12.5B).

Latest Trends

December, 2024

About

Overview In December 2024, Norway exported NOK11.1M and imported NOK1k from Papua New Guinea, resulting in a positive trade balance of NOK11.1M. Between December 2023 and December 2024 the exports of Norway have increased by NOK11.1M (N/A%) from NOK0 to NOK11.1M, while imports increased by NOK1k (N/A%) from NOK0 to NOK1k.

Trade In December 2024, the top exports of Norway to Papua New Guinea were General industrial machinery and equipment, n.e.s.,... (NOK204k), Machinery specialized for particular industries (NOK106k), Professional, scientific and controlling instruments and... (NOK20k), Cork and wood manufactures (excluding furniture) (NOK2k), and Live animals other than animals of... (NOK0). In December 2024 the top imports of Norway from Papua New Guinea were Coffee, tea, cocoa, spices, and manufactures... (NOK24k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), and Fish (not marine mammals), crustaceans, molluscs... (NOK0).

Growth In December 2024, the increase in Norway's year-by-year exports to Papua New Guinea was explained primarily by an increase in product exports in . In December 2024, the increase in Norway's year-by-year imports  from Papua New Guinea was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)NOK11.1M(N/A%)
IMPORT GROWTH (December 2023 - December 2024)NOK1k(N/A%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Papua New Guinea and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Papua New Guinea and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $948k to Papua New Guinea. The main products exported from Norway to Papua New Guinea were Interchangeable Tool Parts ($335k), Machinery Having Individual Functions ($326k), and Stone Processing Machines ($54.2k). During the last 5 years the exports of Norway to Papua New Guinea have increased at an annualized rate of 10.1%, from $586k in 2018 to $948k in 2023.

In 2018, Papua New Guinea exported $8.97k to Norway. The main products exported from Papua New Guinea to Norway were Coffee ($4.64k), Nutmeg, mace and cardamons ($2.8k), and Vanilla ($1.37k). During the last 5 years the exports of Papua New Guinea to Norway have decreased at an annualized rate of 43%, from $459k in 2023 to $8.97k in 2018.

Exports from Norway (Flag) to Papua New Guinea (Flag) (2023)

Exports from Papua New Guinea (Flag) to Norway (Flag) (2023)

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
Papua New Guinea
Top DestinationChina$3.55B

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

In 2023, countries that imported more from Norway than Papua New Guinea included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

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

Difference in imports from Papua New Guinea (Flag) and Norway (Flag) (2023)

Comparative Advantage Norway - Papua New Guinea

Flow
Scale

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

During 2023, Norway had a large net trade with Papua New Guinea in the exports of Machines ($506k), Metals ($421k), and Instruments ($7.74k).

During 2018, Papua New Guinea had a large net trade with Norway in the exports of Vegetable Products ($8.97k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Papua New Guinea+$84.4kMachinery Having Individual Functions
Top Product Potential Papua New Guinea Norway+$301kCoffee

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

Product Space of Norway (Flag) and Papua New Guinea (Flag) (2023)

Keep Exploring

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