GDP$30.6BCURRENT US$Rnk 102 / 186 GDP GROWTH43.9%CURRENT US$Rnk 78 / 186
GDP$18.9BCURRENT US$Rnk 120 / 186 GDP GROWTH53.3%CURRENT US$Rnk 55 / 186 GDP PC $3,020CURRENT US$Rnk 133 / 186GDP PC GROWTH13.8%CURRENT US$Rnk 100 / 186GDP PC$6,803CURRENT US$Rnk 94 / 186GDP PC GROWTH60.2%CURRENT US$Rnk 27 / 186In N/A, Papua New Guinea did not export any services to Albania.
Albania-Papua New Guinea In N/A, Albania did not export any products to Papua New Guinea.
In N/A, Albania did not export any services to Papua New Guinea.
Comparison: In 2022, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).
Papua New Guinea does not register exports to Albania.
Albania does not register exports to Papua New Guinea.
) to Albania () (2020)) to Papua New Guinea () (2020)This map shows whether countries import more from Papua New Guinea or Albania. Each country is colored based on the difference in imports they receive from Papua New Guinea and Albania or the difference in the growth in imports.
In 2022, countries that imported more from Papua New Guinea than Albania included Japan ($4.03B), China ($3.44B), and Australia ($1.74B).
In 2022, countries that imported more from Albania than Papua New Guinea included Italy ($1.75B), Greece ($421M), and Spain ($309M).
) and Papua New Guinea () (2022)This chart compares trade between Papua New Guinea and Albania by product, considering products traded by both, Papua New Guinea and Albania.
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 Papua New Guinea and Albania. This means that a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Albania. Similarly, a dot/product with the flag of Albania indicates it has a comparative advantage over Papua New Guinea.
) and Albania () (2020)
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