Papua New Guinea (PNG) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Papua New Guinea-Bangladesh Trade: In 2021, Papua New Guinea exported $10.8M to Bangladesh. The main products that Papua New Guinea exported to Bangladesh were N/A. Over the past 9 years the exports of Papua New Guinea to Bangladesh have increased at an annualized rate of 93.6%, from $28.4k in 2012 to $10.8M in 2021.

In 2021, Papua New Guinea did not export any services to Bangladesh.

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

In 2021, Bangladesh 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, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Papua New Guinea exported $10.8M to Bangladesh. There were not main exports from Papua New Guinea to Bangladesh in 2021. During the last 9 years the exports of Papua New Guinea to Bangladesh have increased at an annualized rate of 93.6%, from $28.4k in 2012 to $10.8M in 2021.

Bangladesh does not register exports to Papua New Guinea.

Exports from Papua New Guinea () to Bangladesh () (2021)

Exports from Bangladesh () to Papua New Guinea () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationJapan$4.03B

Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Papua New Guinea than Bangladesh included China ($3.44B), Japan ($4.03B), and Chinese Taipei ($1.46B).

In 2022, countries that imported more from Bangladesh than Papua New Guinea included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

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

Comparative Advantage Papua New Guinea - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Papua New Guinea had a large net trade with Bangladesh in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Papua New Guinea Bangladesh+$6.17kRefined Petroleum

Top Product Potential Bangladesh Papua New Guinea+$2.89kKnit T-shirts

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

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Historical Data

Bilateral Trade by Products

Exports from Papua New Guinea () to Bangladesh () (2021)

Exports from Bangladesh () to Papua New Guinea () (2021)

Market Competitiveness

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

Comparative Advantage Papua New Guinea - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Papua New Guinea () and Bangladesh () (2021)

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