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Flag → Flag
Exports $886kRnk 175 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.53Rnk 125 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH43.9%CURRENT US$
Rnk 78 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC $3,020CURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP PC GROWTH13.8%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

In N/A, Papua New Guinea did not export any services to Iran.

Iran-Papua New Guinea Trade: In N/A, Iran exported $886k to Papua New Guinea. The main products that Iran exported to Papua New Guinea were N/A. Over the past N/A years the exports of Iran to Papua New Guinea have increased at an annualized rate of 75.6%,  from $53.1k in N/A to $886k in N/A.

In N/A, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

Papua New Guinea does not register exports to Iran.

In 2016, Iran exported $886k to Papua New Guinea. There were not main exports from Iran to Papua New Guinea in 2016. During the last 5 years the exports of Iran to Papua New Guinea have increased at an annualized rate of 75.6%, from $53.1k in 2021 to $886k in 2016.

Exports from Papua New Guinea (Flag) to Iran (Flag) (2021)

Exports from Iran (Flag) to Papua New Guinea (Flag) (2021)

Market Competitiveness

Color
Papua New Guinea
Top DestinationJapan$4.03B
Iran
Top DestinationChina$5.72B

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

In 2022, countries that imported more from Papua New Guinea than Iran included Japan ($4.03B), Australia ($1.74B), and South Korea ($1.48B).

In 2022, countries that imported more from Iran than Papua New Guinea included Turkey ($3.17B), China ($5.72B), and Kuwait ($960M).

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

Comparative Advantage Papua New Guinea - Iran

Flow
Scale

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

During 2016, Iran had a large net trade with Papua New Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Papua New Guinea Iran+$4.51kPalm Oil
Top Product Potential Iran Papua New Guinea+$2.52kRefined 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 Iran. This means that a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Iran. Similarly, a dot/product with the flag of Iran indicates it has a comparative advantage over Papua New Guinea.

Product Space of Papua New Guinea (Flag) and Iran (Flag) (2021)

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