2022
Flag  
GDP
$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH
43.9%CURRENT US$
Rnk 78 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 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
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

Papua New Guinea-Malaysia Trade: In 2022, Papua New Guinea exported $281M to Malaysia. The main products that Papua New Guinea exported to Malaysia were Crude Petroleum ($74.7M), Coconut Oil ($65.3M), and Palm Oil ($58.8M). Over the past 5 years the exports of Papua New Guinea to Malaysia have increased at an annualized rate of 6.79%, from $203M in 2017 to $281M in 2022.

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

Malaysia-Papua New Guinea Trade: In 2022, Malaysia exported $508M to Papua New Guinea. The main products that Malaysia exported to Papua New Guinea were Refined Petroleum ($117M), Palm Oil ($47.7M), and Nitrogenous Fertilizers ($37.5M). Over the past 5 years the exports of Malaysia to Papua New Guinea have increased at an annualized rate of 8.99%,  from $330M in 2017 to $508M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Papua New Guinea exported $281M to Malaysia. The main products exported from Papua New Guinea to Malaysia were Crude Petroleum ($74.7M), Coconut Oil ($65.3M), and Palm Oil ($58.8M). During the last 5 years the exports of Papua New Guinea to Malaysia have increased at an annualized rate of 6.79%, from $203M in 2017 to $281M in 2022.

In 2017, Malaysia exported $508M to Papua New Guinea. The main products exported from Malaysia to Papua New Guinea were Refined Petroleum ($117M), Palm Oil ($47.7M), and Nitrogenous Fertilizers ($37.5M). During the last 5 years the exports of Malaysia to Papua New Guinea have increased at an annualized rate of 8.99%, from $330M in 2022 to $508M in 2017.

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

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

Latest Data

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

Malaysia Exports

Market Competitiveness

Color
Papua New Guinea
Top Destination
Japan$4.03B
Malaysia
Top Destination
Singapore$53.8B

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

In 2022, no countries were registered that imported more from Papua New Guinea than from Malaysia.

In 2022, countries that imported more from Malaysia than Papua New Guinea included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Papua New Guinea - Malaysia

Flow
Scale

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

During 2022, Papua New Guinea had a large net trade with Malaysia in the exports of Animal and Vegetable Bi-Products ($125M), Mineral Products ($100M), and Foodstuffs ($36.8M).

During 2017, Malaysia had a large net trade with Papua New Guinea in the exports of Mineral Products ($136M), Chemical Products ($99.3M), and Machines ($80.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Papua New Guinea Malaysia+$27MCrude Petroleum
Top Product Potential Malaysia Papua New Guinea+$6.18MRefined 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 Malaysia. This means that a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Malaysia. Similarly, a dot/product with the flag of Malaysia indicates it has a comparative advantage over Papua New Guinea.

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

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