2022
Flag  
GDP
$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH
43.9%CURRENT US$
Rnk 78 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 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
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186

About

Papua New Guinea-Oman Trade: In 2022, Papua New Guinea exported $818 to Oman. The main products that Papua New Guinea exported to Oman were Milling Stones ($818). Over the past 24 years the exports of Papua New Guinea to Oman have decreased at an annualized rate of 5.63%, from $3.28k in 1998 to $818 in 2022.

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

Oman-Papua New Guinea Trade: In 2022, Oman exported $123k to Papua New Guinea. The main products that Oman exported to Papua New Guinea were Baked Goods ($123k). Over the past 24 years the exports of Oman to Papua New Guinea have decreased at an annualized rate of 22.6%,  from $572k in 1998 to $123k in 2022.

In 2022, Oman 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, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Historical Data

Latest Data

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

Oman Exports

Market Competitiveness

Color
Papua New Guinea
Top Destination
Japan$4.03B
Oman
Top Destination
China$30.4B

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

In 2022, countries that imported more from Papua New Guinea than Oman included Australia ($1.74B), Japan ($4.03B), and Brunei ($321M).

In 2022, countries that imported more from Oman than Papua New Guinea included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Papua New Guinea Oman+$4.72kRefined Petroleum
Top Product Potential Oman Papua New Guinea+$64.7kBaked Goods

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

Product Space of Papua New Guinea (Flag) and Oman (Flag) (NaN)

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