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2023
Flag → Flag
Exports $62.3kRnk 56 / 93
2023
Flag → Flag
Top Product $49.8kFish Oil
2023
Flag → Flag
Exports $55.1kRnk 176 / 183
2023
Flag → Flag
Top Product $51.4kCorn
2023
Flag
Economic Complexity (ECI) ECI -1.63Rnk 127 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag  
GDP$30.7BCURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP GROWTH44.5%CURRENT US$
Rnk 87 / 195
2023
Flag
 GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC $2,958CURRENT US$
Rnk 142 / 195
2013-2023
Flag
GDP PC GROWTH15.5%CURRENT US$
Rnk 117 / 195
2023
Flag
GDP PC$17,068CURRENT US$
Rnk 68 / 196
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195

About

Papua New Guinea-Chile Trade: In 2023, Papua New Guinea exported $62.3k to Chile. The main products that Papua New Guinea exported to Chile were Fish Oil ($49.8k), Broadcasting Accessories ($7.3k), and Office Machine Parts ($3.32k). Over the past 9 years the exports of Papua New Guinea to Chile have increased at an annualized rate of 35%, from $4.17k in 2014 to $62.3k in 2023.

In 2023, Papua New Guinea did not export any services to Chile.

Chile-Papua New Guinea Trade: In 2023, Chile exported $55.1k to Papua New Guinea. The main products that Chile exported to Papua New Guinea were Corn ($51.4k), Computers ($3.31k), and Integrated Circuits ($410). Over the past 9 years the exports of Chile to Papua New Guinea have decreased at an annualized rate of 45.6%,  from $1.16M in 2014 to $55.1k in 2023.

In 2023, Chile did not export any services to Papua New Guinea.

Comparison: In 2023,  Papua New Guinea ranked 127 in the Economic Complexity Index (ECI -1.63), and 93 in total exports ($12.5B). That same year, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Papua New Guinea exported $62.3k to Chile. The main products exported from Papua New Guinea to Chile were Fish Oil ($49.8k), Broadcasting Accessories ($7.3k), and Office Machine Parts ($3.32k). During the last 9 years the exports of Papua New Guinea to Chile have increased at an annualized rate of 35%, from $4.17k in 2014 to $62.3k in 2023.

In 2018, Chile exported $55.1k to Papua New Guinea. The main products exported from Chile to Papua New Guinea were Corn ($51.4k), Computers ($3.31k), and Integrated Circuits ($410). During the last 5 years the exports of Chile to Papua New Guinea have decreased at an annualized rate of 45.6%, from $1.16M in 2023 to $55.1k in 2018.

Exports from Papua New Guinea (Flag) to Chile (Flag) (2023)

Exports from Chile (Flag) to Papua New Guinea (Flag) (2023)

Latest Data

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

Chile Exports

Market Competitiveness

Color
Papua New Guinea
Top DestinationChina$3.55B
Chile
Top DestinationChina$38.2B

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

In 2023, countries that imported more from Papua New Guinea than Chile included Australia ($2.07B), Philippines ($253M), and Singapore ($181M).

In 2023, countries that imported more from Chile than Papua New Guinea included China ($38.2B), United States ($15.7B), and South Korea ($6.02B).

Difference in imports from Chile (Flag) and Papua New Guinea (Flag) (2023)

Comparative Advantage Papua New Guinea - Chile

Flow
Scale

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

During 2023, Papua New Guinea had a large net trade with Chile in the exports of Animal and Vegetable Bi-Products ($49.8k) and Machines ($12.5k).

During 2018, Chile had a large net trade with Papua New Guinea in the exports of Vegetable Products ($51.4k) and Machines ($3.72k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Papua New Guinea Chile+$6.8kPetroleum Gas
Top Product Potential Chile Papua New Guinea+$3.17kRefined 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

This visualization shows the product space at the HS4 level with the flags of Papua New Guinea and Chile. This means that a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Chile. Similarly, a dot/product with the flag of Chile indicates it has a comparative advantage over Papua New Guinea.

Product Space of Papua New Guinea (Flag) and Chile (Flag) (2023)

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