2023
Flag  
GDP
$30.7BCURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 87 / 195
2023
Flag
 GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 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
$506CURRENT US$
Rnk 192 / 196
2013-2023
Flag
GDP PC GROWTH
-1.77%CURRENT US$
Rnk 155 / 195

About

Papua New Guinea-Madagascar Trade: In 2022, Papua New Guinea exported $132k to Madagascar. The main products that Papua New Guinea exported to Madagascar were N/A. Over the past 7 years the exports of Papua New Guinea to Madagascar have increased at an annualized rate of 77.2%, from $2.4k in 2015 to $132k in 2022.

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

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

In 2022, Madagascar 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, Madagascar ranked 117 in the Economic Complexity Index (ECI -1.15), and 133 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Papua New Guinea exported $132k to Madagascar. There were not main exports from Papua New Guinea to Madagascar in 2022. During the last 7 years the exports of Papua New Guinea to Madagascar have increased at an annualized rate of 77.2%, from $2.4k in 2015 to $132k in 2022.

Madagascar does not register exports to Papua New Guinea.

Exports from Papua New Guinea (Flag) to Madagascar (Flag) (2022)

Exports from Madagascar (Flag) to Papua New Guinea (Flag) (2022)

Latest Data

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

Madagascar Exports

Date

Market Competitiveness

Color
Papua New Guinea
Top Destination
China$3.55B
Madagascar
Top Destination
United States$669M

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

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

In 2023, countries that imported more from Madagascar than Papua New Guinea included France ($641M), United States ($669M), and South Korea ($271M).

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

Comparative Advantage Papua New Guinea - Madagascar

Flow
Scale

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

During 2022, Papua New Guinea had a large net trade with Madagascar in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Papua New Guinea Madagascar+$3.32kRefined Petroleum
Top Product Potential Madagascar Papua New Guinea+$2.09kRefined 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 Madagascar. This means that a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Madagascar. Similarly, a dot/product with the flag of Madagascar indicates it has a comparative advantage over Papua New Guinea.

Product Space of Papua New Guinea (Flag) and Madagascar (Flag) (2022)

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