2022
Flag  
GDP
$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH
43.9%CURRENT US$
Rnk 78 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC 
$3,020CURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP PC GROWTH
13.8%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Papua New Guinea-Hong Kong Trade: In 2022, Papua New Guinea exported $46.3M to Hong Kong. The main products that Papua New Guinea exported to Hong Kong were N/A. Over the past 5 years the exports of Papua New Guinea to Hong Kong have increased at an annualized rate of 20.1%, from $18.5M in 2017 to $46.3M in 2022.

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

Hong Kong-Papua New Guinea Trade: In 2022, Hong Kong exported $34.5M to Papua New Guinea. The main products that Hong Kong exported to Papua New Guinea were Broadcasting Equipment ($19.5M), Flavored Water ($3.37M), and Computers ($2.47M). Over the past 5 years the exports of Hong Kong to Papua New Guinea have increased at an annualized rate of 3.48%,  from $29.1M in 2017 to $34.5M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Latest Data

Trade between Papua New Guinea (Flag) and Hong Kong (Flag)

Hong Kong Exports

Market Competitiveness

Color
Papua New Guinea
Top Destination
Japan$4.03B
Hong Kong
Top Destination
China$23.4B

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

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

In 2022, countries that imported more from Hong Kong than Papua New Guinea included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Papua New Guinea Hong Kong+$24.5MRefined Petroleum
Top Product Potential Hong Kong Papua New Guinea+$4.49MTelephones

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

Product Space of Papua New Guinea (Flag) and Hong Kong (Flag) (NaN)

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