Papua New Guinea (PNG) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

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Papua New Guinea-Saudi Arabia Trade: In 2023, Papua New Guinea exported $75.3k to Saudi Arabia. The main products that Papua New Guinea exported to Saudi Arabia were Coffee ($74.5k) and Motor vehicles; parts and accessories (8701 to 8705) ($813). Over the past 5 years the exports of Papua New Guinea to Saudi Arabia have increased at an annualized rate of 47.7%, from $10.7k in 2018 to $75.3k in 2023.

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

Saudi Arabia-Papua New Guinea In N/A, Saudi Arabia did not export any products to Papua New Guinea.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Papua New Guinea exported $75.3k to Saudi Arabia. The main products exported from Papua New Guinea to Saudi Arabia were Coffee ($74.5k) and Motor vehicles; parts and accessories (8701 to 8705) ($813). During the last 5 years the exports of Papua New Guinea to Saudi Arabia have increased at an annualized rate of 47.7%, from $10.7k in 2018 to $75.3k in 2023.

Saudi Arabia does not register exports to Papua New Guinea.

Exports from Papua New Guinea () to Saudi Arabia () (2023)

Exports from Saudi Arabia () to Papua New Guinea () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationChina$3.55B

Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Papua New Guinea than Saudi Arabia included Australia ($2.07B), Finland ($85.1M), and Fiji ($3.46M).

In 2023, countries that imported more from Saudi Arabia than Papua New Guinea included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia () and Papua New Guinea () (2023)

Comparative Advantage Papua New Guinea - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Papua New Guinea had a large net trade with Saudi Arabia in the exports of Vegetable Products ($74.5k) and Transportation ($813).

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 Saudi Arabia+$6.87kGold

Top Product Potential Saudi Arabia Papua New Guinea+$5.74kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Papua New Guinea () to Saudi Arabia () (2023)

Exports from Saudi Arabia () to Papua New Guinea () (2023)

Market Competitiveness

Difference in imports from Saudi Arabia () and Papua New Guinea () (2023)

Comparative Advantage Papua New Guinea - Saudi Arabia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Papua New Guinea () and Saudi Arabia () (2023)

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