Papua New Guinea (PNG) and Oman (OMN) Trade | The Observatory of Economic Complexity

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 9.72%, 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

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Papua New Guinea exported $818 to Oman. The main products exported from Papua New Guinea to Oman were Milling Stones ($818). During the last 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 2017, Oman exported $123k to Papua New Guinea. The main products exported from Oman to Papua New Guinea were Baked Goods ($123k). During the last 5 years the exports of Oman to Papua New Guinea have decreased at an annualized rate of 9.72%, from $572k in 2022 to $123k in 2017.

Exports from Papua New Guinea () to Oman () (2022)

Exports from Oman () to Papua New Guinea () (2022)

Latest Data

Trade between Papua New Guinea () and Oman ()

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationJapan$4.03B

Oman
Top DestinationChina$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 () and Papua New Guinea () (2022)

Comparative Advantage Papua New Guinea - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Papua New Guinea had a large net trade with Oman in the exports of Stone And Glass ($818).

During 2017, Oman had a large net trade with Papua New Guinea in the exports of Foodstuffs ($123k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Papua New Guinea () to Oman () (2022)

Exports from Oman () to Papua New Guinea () (2022)

Latest Data

Trade between Papua New Guinea () and Oman ()

Oman Exports

Market Competitiveness

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

Comparative Advantage Papua New Guinea - Oman

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Papua New Guinea () and Oman () (2022)

Keep Exploring