2023
Flag  
GDP
$30.7BCURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 87 / 195
2023
Flag
 GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 195
2023
Flag
GDP PC 
$2,958CURRENT US$
Rnk 142 / 195
2013-2023
Flag
GDP PC GROWTH
15.5%CURRENT US$
Rnk 117 / 195
2023
Flag
GDP PC
$1,224CURRENT US$
Rnk 174 / 196
2013-2023
Flag
GDP PC GROWTH
27.1%CURRENT US$
Rnk 83 / 195

About

Papua New Guinea-Tanzania Trade: In 2023, Papua New Guinea exported $4.36k to Tanzania. The main products that Papua New Guinea exported to Tanzania were Ball Bearings ($3.08k), Gaskets ($589), and Transmissions ($515). Over the past 8 years the exports of Papua New Guinea to Tanzania have increased at an annualized rate of 93.7%, from $22 in 2015 to $4.36k in 2023.

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

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

In 2023, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Papua New Guinea exported $4.36k to Tanzania. The main products exported from Papua New Guinea to Tanzania were Ball Bearings ($3.08k), Gaskets ($589), and Transmissions ($515). During the last 8 years the exports of Papua New Guinea to Tanzania have increased at an annualized rate of 93.7%, from $22 in 2015 to $4.36k in 2023.

Tanzania does not register exports to Papua New Guinea. The main products exported from Tanzania to Papua New Guinea were Fake Hair ($18k), Rubber Apparel ($200), and Other Non-Knit Clothing Accessories ($180).

Exports from Papua New Guinea (Flag) to Tanzania (Flag) (2023)

Exports from Tanzania (Flag) to Papua New Guinea (Flag) (2023)

Market Competitiveness

Color
Papua New Guinea
Top Destination
China$3.55B
Tanzania
Top Destination
India$1.74B

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

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

In 2023, countries that imported more from Tanzania than Papua New Guinea included United Arab Emirates ($1.62B), Uganda ($1.35B), and India ($1.74B).

Difference in imports from Tanzania (Flag) and Papua New Guinea (Flag) (2023)

Comparative Advantage Papua New Guinea - Tanzania

Flow
Scale

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

During 2023, Papua New Guinea had a large net trade with Tanzania in the exports of Machines ($4.26k) and Metals ($101).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Papua New Guinea Tanzania+$4.87kRefined Petroleum
Top Product Potential Tanzania Papua New Guinea+$12kFake Hair

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

Product Space of Papua New Guinea (Flag) and Tanzania (Flag) (2023)

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