Papua New Guinea (PNG) and Bosnia and Herzegovina (BIH) Trade | The Observatory of Economic Complexity

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Papua New Guinea-Bosnia and Herzegovina Trade: In 2022, Papua New Guinea exported $6.05k to Bosnia and Herzegovina. The main products that Papua New Guinea exported to Bosnia and Herzegovina were Processed Fish ($5.87k), Interior Decorative Glassware ($163), and Computers ($8). Over the past 7 years the exports of Papua New Guinea to Bosnia and Herzegovina have decreased at an annualized rate of 23.3%, from $38.8k in 2015 to $6.05k in 2022.

In 2022, Papua New Guinea did not export any services to Bosnia and Herzegovina.

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

In 2022, Bosnia and Herzegovina 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, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Papua New Guinea exported $6.05k to Bosnia and Herzegovina. The main products exported from Papua New Guinea to Bosnia and Herzegovina were Processed Fish ($5.87k), Interior Decorative Glassware ($163), and Computers ($8). During the last 7 years the exports of Papua New Guinea to Bosnia and Herzegovina have decreased at an annualized rate of 23.3%, from $38.8k in 2015 to $6.05k in 2022.

Bosnia and Herzegovina does not register exports to Papua New Guinea.

Exports from Papua New Guinea () to Bosnia and Herzegovina () (2022)

Exports from Bosnia and Herzegovina () to Papua New Guinea () (2022)

Latest Data

Trade between Papua New Guinea () and Bosnia and Herzegovina ()

Bosnia and Herzegovina Exports

Date

Aug 2013

Jul 2013

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationJapan$4.03B

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

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

In 2022, countries that imported more from Bosnia and Herzegovina than Papua New Guinea included Croatia ($1.47B), Serbia ($1.35B), and Germany ($1.46B).

Difference in imports from Bosnia and Herzegovina () and Papua New Guinea () (2022)

Comparative Advantage Papua New Guinea - Bosnia and Herzegovina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Papua New Guinea had a large net trade with Bosnia and Herzegovina in the exports of Foodstuffs ($5.87k), Stone And Glass ($163), and Machines ($8).

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 Bosnia and Herzegovina+$22.6kProcessed Fish

Top Product Potential Bosnia and Herzegovina Papua New Guinea+$1.71kRefined 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 Papua New Guinea and Bosnia and Herzegovina. This means that a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Bosnia and Herzegovina. Similarly, a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Papua New Guinea.

About

Historical Data

Bilateral Trade by Products

Exports from Papua New Guinea () to Bosnia and Herzegovina () (2022)

Exports from Bosnia and Herzegovina () to Papua New Guinea () (2022)

Latest Data

Trade between Papua New Guinea () and Bosnia and Herzegovina ()

Bosnia and Herzegovina Exports

Market Competitiveness

Difference in imports from Bosnia and Herzegovina () and Papua New Guinea () (2022)

Comparative Advantage Papua New Guinea - Bosnia and Herzegovina

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Papua New Guinea () and Bosnia and Herzegovina () (2022)

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