2022
Flag  
GDP
$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH
43.9%CURRENT US$
Rnk 78 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 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
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Papua New Guinea-Norway Trade: In 2022, Papua New Guinea exported $151k to Norway. The main products that Papua New Guinea exported to Norway were Coffee ($150k), Copra ($1.05k), and Vanilla ($691). Over the past 5 years the exports of Papua New Guinea to Norway have increased at an annualized rate of 39.7%, from $28.4k in 2017 to $151k in 2022.

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

Norway-Papua New Guinea Trade: In 2022, Norway exported $2.76M to Papua New Guinea. The main products that Norway exported to Papua New Guinea were Other Heating Machinery ($2.07M), Other Sea Vessels ($317k), and Stone Processing Machines ($98.2k). Over the past 5 years the exports of Norway to Papua New Guinea have increased at an annualized rate of 58.6%,  from $275k in 2017 to $2.76M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Papua New Guinea exported $151k to Norway. The main products exported from Papua New Guinea to Norway were Coffee ($150k), Copra ($1.05k), and Vanilla ($691). During the last 5 years the exports of Papua New Guinea to Norway have increased at an annualized rate of 39.7%, from $28.4k in 2017 to $151k in 2022.

In 2017, Norway exported $2.76M to Papua New Guinea. The main products exported from Norway to Papua New Guinea were Other Heating Machinery ($2.07M), Other Sea Vessels ($317k), and Stone Processing Machines ($98.2k). During the last 5 years the exports of Norway to Papua New Guinea have increased at an annualized rate of 58.6%, from $275k in 2022 to $2.76M in 2017.

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

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

Latest Data

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

Norway Exports

Market Competitiveness

Color
Papua New Guinea
Top Destination
Japan$4.03B
Norway
Top Destination
Germany$78.1B

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

In 2022, countries that imported more from Papua New Guinea than Norway included Japan ($4.03B), Australia ($1.74B), and Chinese Taipei ($1.46B).

In 2022, countries that imported more from Norway than Papua New Guinea included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Papua New Guinea - Norway

Flow
Scale

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

During 2022, Papua New Guinea had a large net trade with Norway in the exports of Vegetable Products ($151k).

During 2017, Norway had a large net trade with Papua New Guinea in the exports of Machines ($2.37M), Transportation ($317k), and Metals ($45.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Papua New Guinea Norway+$301kCoffee
Top Product Potential Norway Papua New Guinea+$84.4kMachinery Having Individual Functions

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 Norway. This means that a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Norway. Similarly, a dot/product with the flag of Norway indicates it has a comparative advantage over Papua New Guinea.

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

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