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Pricing

2022
Flag → Flag
Exports $463kRnk 38 / 94
2022
Flag → Flag
Top Product $407kProcessed Fish
2022
Flag → Flag
Exports $3.55MRnk 148 / 217
2022
Flag → Flag
Top Product $1.45MSpecial purpose motor vehicles
2022
Flag
Economic Complexity (ECI) ECI -1.53Rnk 125 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
Flag  
GDP$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH43.9%CURRENT US$
Rnk 78 / 186
2022
Flag
 GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC $3,020CURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP PC GROWTH13.8%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186

About

Papua New Guinea-Austria Trade: In 2022, Papua New Guinea exported $463k to Austria. The main products that Papua New Guinea exported to Austria were Processed Fish ($407k), Excavation Machinery ($54.3k), and Percussion ($1.05k). Over the past 5 years the exports of Papua New Guinea to Austria have decreased at an annualized rate of 33%, from $3.42M in 2017 to $463k in 2022.

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

Austria-Papua New Guinea Trade: In 2022, Austria exported $3.55M to Papua New Guinea. The main products that Austria exported to Papua New Guinea were Special purpose motor vehicles ($1.45M), X-Ray Equipment ($812k), and Medical Instruments ($369k). Over the past 5 years the exports of Austria to Papua New Guinea have increased at an annualized rate of 28.4%,  from $1.02M in 2017 to $3.55M in 2022.

In 2022, Austria 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, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Papua New Guinea exported $463k to Austria. The main products exported from Papua New Guinea to Austria were Processed Fish ($407k), Excavation Machinery ($54.3k), and Percussion ($1.05k). During the last 5 years the exports of Papua New Guinea to Austria have decreased at an annualized rate of 33%, from $3.42M in 2017 to $463k in 2022.

In 2017, Austria exported $3.55M to Papua New Guinea. The main products exported from Austria to Papua New Guinea were Special purpose motor vehicles ($1.45M), X-Ray Equipment ($812k), and Medical Instruments ($369k). During the last 5 years the exports of Austria to Papua New Guinea have increased at an annualized rate of 28.4%, from $1.02M in 2022 to $3.55M in 2017.

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

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

Latest Data

Trade between Papua New Guinea (Flag) and Austria (Flag)

Austria Exports

Market Competitiveness

Color
Papua New Guinea
Top DestinationJapan$4.03B
Austria
Top DestinationGermany$57.7B

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

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

In 2022, countries that imported more from Austria than Papua New Guinea included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

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

Comparative Advantage Papua New Guinea - Austria

Flow
Scale

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

During 2022, Papua New Guinea had a large net trade with Austria in the exports of Foodstuffs ($407k), Machines ($54.3k), and Instruments ($1.05k).

During 2017, Austria had a large net trade with Papua New Guinea in the exports of Transportation ($1.45M), Instruments ($1.24M), and Metals ($463k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Papua New Guinea Austria+$526kProcessed Fish
Top Product Potential Austria Papua New Guinea+$294kOther Iron Products

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 Papua New Guinea and Austria. This means that a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Austria. Similarly, a dot/product with the flag of Austria indicates it has a comparative advantage over Papua New Guinea.

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

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