2023
Flag  
GDP
$30.7BCURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 87 / 195
2023
Flag
 GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC 
$2,958CURRENT US$
Rnk 142 / 195
2013-2023
Flag
GDP PC GROWTH
15.5%CURRENT US$
Rnk 117 / 195
2023
Flag
GDP PC
$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195

About

Papua New Guinea-India Trade: In 2023, Papua New Guinea exported $483M to India. The main products that Papua New Guinea exported to India were Palm Oil ($265M), Copper Ore ($174M), and Rough Wood ($24.5M). Over the past 5 years the exports of Papua New Guinea to India have increased at an annualized rate of 33.9%, from $112M in 2018 to $483M in 2023.

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

India-Papua New Guinea Trade: In 2023, India exported $70.5M to Papua New Guinea. The main products that India exported to Papua New Guinea were Packaged Medicaments ($18M), Other Cast Iron Products ($5.89M), and Vaccines, blood, antisera, toxins and cultures ($4.17M). Over the past 5 years the exports of India to Papua New Guinea have increased at an annualized rate of 8.71%,  from $46.4M in 2018 to $70.5M in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Papua New Guinea exported $483M to India. The main products exported from Papua New Guinea to India were Palm Oil ($265M), Copper Ore ($174M), and Rough Wood ($24.5M). During the last 5 years the exports of Papua New Guinea to India have increased at an annualized rate of 33.9%, from $112M in 2018 to $483M in 2023.

In 2018, India exported $70.5M to Papua New Guinea. The main products exported from India to Papua New Guinea were Packaged Medicaments ($18M), Other Cast Iron Products ($5.89M), and Vaccines, blood, antisera, toxins and cultures ($4.17M). During the last 5 years the exports of India to Papua New Guinea have increased at an annualized rate of 8.71%, from $46.4M in 2023 to $70.5M in 2018.

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

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

Latest Data

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

India Exports

Market Competitiveness

Color
Papua New Guinea
Top Destination
China$3.55B
India
Top Destination
United States$85.5B

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

In 2023, no countries were registered that imported more from Papua New Guinea than from India.

In 2023, countries that imported more from India than Papua New Guinea included United States ($85.5B), United Arab Emirates ($28.8B), and Germany ($15B).

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

Comparative Advantage Papua New Guinea - India

Flow
Scale

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

During 2023, Papua New Guinea had a large net trade with India in the exports of Animal and Vegetable Bi-Products ($267M), Mineral Products ($175M), and Wood Products ($33.4M).

During 2018, India had a large net trade with Papua New Guinea in the exports of Chemical Products ($25.9M), Machines ($9.86M), and Metals ($7.71M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Papua New Guinea India+$38.7MCopper Ore
Top Product Potential India Papua New Guinea+$7.63MRice

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

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with