Papua New Guinea (PNG) and Romania (ROU) Trade | The Observatory of Economic Complexity

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Papua New Guinea-Romania Trade: In 2023, Papua New Guinea exported $42.9k to Romania. The main products that Papua New Guinea exported to Romania were Vanilla ($38.1k), Integrated Circuits ($3.78k), and Wood Ornaments ($1.04k). Over the past 9 years the exports of Papua New Guinea to Romania have increased at an annualized rate of 0.59%, from $40.7k in 2014 to $42.9k in 2023.

In 2023, Papua New Guinea did not export any services to Romania.

Romania-Papua New Guinea Trade: In 2023, Romania exported $179k to Papua New Guinea. The main products that Romania exported to Papua New Guinea were Electric Motors ($104k), Light Fixtures ($53.3k), and Valves ($10.8k). Over the past 9 years the exports of Romania to Papua New Guinea have decreased at an annualized rate of 26.3%, from $2.07M in 2014 to $179k in 2023.

In 2023, Romania 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, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Papua New Guinea exported $42.9k to Romania. The main products exported from Papua New Guinea to Romania were Vanilla ($38.1k), Integrated Circuits ($3.78k), and Wood Ornaments ($1.04k). During the last 9 years the exports of Papua New Guinea to Romania have increased at an annualized rate of 0.59%, from $40.7k in 2014 to $42.9k in 2023.

In 2018, Romania exported $179k to Papua New Guinea. The main products exported from Romania to Papua New Guinea were Electric Motors ($104k), Light Fixtures ($53.3k), and Valves ($10.8k). During the last 5 years the exports of Romania to Papua New Guinea have decreased at an annualized rate of 26.3%, from $2.07M in 2023 to $179k in 2018.

Exports from Papua New Guinea () to Romania () (2023)

Exports from Romania () to Papua New Guinea () (2023)

Latest Data

Trade between Papua New Guinea () and Romania ()

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationChina$3.55B

Romania
Top DestinationGermany$19.9B

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

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

In 2023, countries that imported more from Romania than Papua New Guinea included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

Difference in imports from Romania () and Papua New Guinea () (2023)

Comparative Advantage Papua New Guinea - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Papua New Guinea had a large net trade with Romania in the exports of Vegetable Products ($38.1k), Machines ($3.78k), and Wood Products ($1.04k).

During 2018, Romania had a large net trade with Papua New Guinea in the exports of Machines ($125k), Miscellaneous ($53.3k), and Textiles ($415).

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 Romania+$7.65kPetroleum Gas

Top Product Potential Romania Papua New Guinea+$34.4kMotor vehicles; parts and accessories (8701 to 8705)

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Papua New Guinea () to Romania () (2023)

Exports from Romania () to Papua New Guinea () (2023)

Latest Data

Trade between Papua New Guinea () and Romania ()

Romania Exports

Market Competitiveness

Difference in imports from Romania () and Papua New Guinea () (2023)

Comparative Advantage Papua New Guinea - Romania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Papua New Guinea () and Romania () (2023)

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