2023
Flag  
GDP
$30.7BCURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 87 / 195
2023
Flag
 GDP
$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH
39.1%CURRENT US$
Rnk 94 / 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
$6,678CURRENT US$
Rnk 107 / 196
2013-2023
Flag
GDP PC GROWTH
81.6%CURRENT US$
Rnk 14 / 195

About

Papua New Guinea-Marshall Islands Trade: In 2021, Papua New Guinea exported $2.95M to Marshall Islands. The main products that Papua New Guinea exported to Marshall Islands were N/A. Over the past 18 years the exports of Papua New Guinea to Marshall Islands have increased at an annualized rate of 18.5%, from $140k in 2003 to $2.95M in 2021.

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

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

In 2021, Marshall Islands 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, Marshall Islands ranked 164 in total exports ($917M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Papua New Guinea exported $2.95M to Marshall Islands. There were not main exports from Papua New Guinea to Marshall Islands in 2021. During the last 18 years the exports of Papua New Guinea to Marshall Islands have increased at an annualized rate of 18.5%, from $140k in 2003 to $2.95M in 2021.

Marshall Islands does not register exports to Papua New Guinea.

Exports from Papua New Guinea (Flag) to Marshall Islands (Flag) (2021)

Exports from Marshall Islands (Flag) to Papua New Guinea (Flag) (2021)

Market Competitiveness

Color
Papua New Guinea
Top Destination
China$3.55B
Marshall Islands
Top Destination
United Kingdom$150M

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

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

In 2023, countries that imported more from Marshall Islands than Papua New Guinea included Denmark ($94.8M), Ghana ($80.2M), and Cyprus ($79.5M).

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

Comparative Advantage Papua New Guinea - Marshall Islands

Flow
Scale

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

During 2021, Papua New Guinea had a large net trade with Marshall Islands in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Papua New Guinea (Flag) and Marshall Islands (Flag) (2021)

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