Papua New Guinea (PNG) and Georgia (GEO) Trade | The Observatory of Economic Complexity

About

Papua New Guinea-Georgia Trade: In 2021, Papua New Guinea exported $128k to Georgia. The main products that Papua New Guinea exported to Georgia were N/A. Over the past 21 years the exports of Papua New Guinea to Georgia have decreased at an annualized rate of 13.3%, from $2.59M in 2000 to $128k in 2021.

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

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

In 2021, Georgia 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, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Papua New Guinea exported $128k to Georgia. There were not main exports from Papua New Guinea to Georgia in 2021. During the last 21 years the exports of Papua New Guinea to Georgia have decreased at an annualized rate of 13.3%, from $2.59M in 2000 to $128k in 2021.

Georgia does not register exports to Papua New Guinea.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationChina$3.55B

Georgia
Top DestinationAzerbaijan$828M

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

In 2023, countries that imported more from Papua New Guinea than Georgia included China ($3.55B), Japan ($3.19B), and Australia ($2.07B).

In 2023, countries that imported more from Georgia than Papua New Guinea included Azerbaijan ($828M), Turkey ($733M), and Armenia ($712M).

Difference in imports from Georgia () and Papua New Guinea () (2023)

Comparative Advantage Papua New Guinea - Georgia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Papua New Guinea had a large net trade with Georgia 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 Georgia+$4.05kPetroleum Gas

Top Product Potential Georgia Papua New Guinea+$2.02kRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

Difference in imports from Georgia () and Papua New Guinea () (2023)

Comparative Advantage Papua New Guinea - Georgia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring