Oman (OMN) and Papua New Guinea (PNG) Trade | The Observatory of Economic Complexity

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Oman-Papua New Guinea Trade: In 2022, Oman exported $123k to Papua New Guinea. The main products that Oman exported to Papua New Guinea were Baked Goods ($123k). Over the past 5 years the exports of Oman to Papua New Guinea have decreased at an annualized rate of 26.4%, from $572k in 2017 to $123k in 2022.

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

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

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

Comparison: In 2022, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Oman exported $123k to Papua New Guinea. The main products exported from Oman to Papua New Guinea were Baked Goods ($123k). During the last 5 years the exports of Oman to Papua New Guinea have decreased at an annualized rate of 26.4%, from $572k in 2017 to $123k in 2022.

Papua New Guinea does not register exports to Oman. The main products exported from Papua New Guinea to Oman were Milling Stones ($818).

Exports from Oman () to Papua New Guinea () (2022)

Exports from Papua New Guinea () to Oman () (2022)

Latest Data

Trade between Oman () and Papua New Guinea ()

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.4B

Papua New Guinea
Top DestinationJapan$4.03B

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

In 2022, countries that imported more from Oman than Papua New Guinea included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

In 2022, countries that imported more from Papua New Guinea than Oman included Australia ($1.74B), Japan ($4.03B), and Brunei ($321M).

Difference in imports from Papua New Guinea () and Oman () (2022)

Comparative Advantage Oman - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Oman had a large net trade with Papua New Guinea in the exports of Foodstuffs ($123k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Papua New Guinea+$64.7kBaked Goods

Top Product Potential Papua New Guinea Oman+$4.72kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Papua New Guinea () (2022)

Exports from Papua New Guinea () to Oman () (2022)

Latest Data

Trade between Oman () and Papua New Guinea ()

Oman Exports

Market Competitiveness

Difference in imports from Papua New Guinea () and Oman () (2022)

Comparative Advantage Oman - Papua New Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Oman () and Papua New Guinea () (2022)

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