2022
Flag  
GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP
$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH
43.9%CURRENT US$
Rnk 78 / 186
2022
Flag
GDP PC 
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC
$3,020CURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP PC GROWTH
13.8%CURRENT US$
Rnk 100 / 186

About

Nepal-Papua New Guinea Trade: In 2019, Nepal exported $101 to Papua New Guinea. The main products that Nepal exported to Papua New Guinea were N/A. Over the past 8 years the exports of Nepal to Papua New Guinea have decreased at an annualized rate of 57.2%, from $89.9k in 2011 to $101 in 2019.

In 2019, Nepal did not export any services to Papua New Guinea.

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

In 2019, Papua New Guinea did not export any services to Nepal.

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B), 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 2019, Nepal exported $101 to Papua New Guinea. There were not main exports from Nepal to Papua New Guinea in 2019. During the last 8 years the exports of Nepal to Papua New Guinea have decreased at an annualized rate of 57.2%, from $89.9k in 2011 to $101 in 2019.

Papua New Guinea does not register exports to Nepal. The main products exported from Papua New Guinea to Nepal were Refined Petroleum ($26k), Audio Alarms ($14.5k), and Electrical Control Boards ($3.37k).

Exports from Nepal (Flag) to Papua New Guinea (Flag) (2022)

Exports from Papua New Guinea (Flag) to Nepal (Flag) (2022)

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Papua New Guinea
Top Destination
Japan$4.03B

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

In 2022, countries that imported more from Nepal than Papua New Guinea included India ($956M), United States ($152M), and Turkey ($28.3M).

In 2022, countries that imported more from Papua New Guinea than Nepal included Japan ($4.03B), China ($3.44B), and Australia ($1.74B).

Difference in imports from Papua New Guinea (Flag) and Nepal (Flag) (2022)

Comparative Advantage Nepal - Papua New Guinea

Flow
Scale

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

During 2019, Nepal had a large net trade with Papua New Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Papua New Guinea+$1.9kPalm Oil
Top Product Potential Papua New Guinea Nepal+$170kRefined Petroleum

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

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

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

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