GDP$30.6BCURRENT US$Rnk 102 / 186 GDP GROWTH43.9%CURRENT US$Rnk 78 / 186
GDP$8.13BCURRENT US$Rnk 148 / 186 GDP GROWTH0%CURRENT US$Rnk 165 / 186 GDP PC $3,020CURRENT US$Rnk 133 / 186GDP PC GROWTH13.8%CURRENT US$Rnk 100 / 186GDP PC$462CURRENT US$Rnk 183 / 186GDP PC GROWTH0%CURRENT US$Rnk 143 / 186In N/A, Papua New Guinea did not export any services to Somalia.
Somalia-Papua New Guinea In N/A, Somalia did not export any products to Papua New Guinea.
In N/A, Somalia 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, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.
Papua New Guinea does not register exports to Somalia.
Somalia does not register exports to Papua New Guinea.
) to Somalia () (2019)) to Papua New Guinea () (2019)This map shows whether countries import more from Papua New Guinea or Somalia. Each country is colored based on the difference in imports they receive from Papua New Guinea and Somalia or the difference in the growth in imports.
In 2022, countries that imported more from Papua New Guinea than Somalia included Japan ($4.03B), China ($3.44B), and Australia ($1.74B).
In 2022, countries that imported more from Somalia than Papua New Guinea included United Arab Emirates ($283M), Oman ($173M), and Bulgaria ($18.5M).
) and Papua New Guinea () (2022)This chart compares trade between Papua New Guinea and Somalia by product, considering products traded by both, Papua New Guinea and Somalia.
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.
This visualization shows the product space at the HS4 level with the flags of Papua New Guinea and Somalia. This means that a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over Papua New Guinea.
) and Somalia () (2019)
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