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Pricing

2022
Flag → Flag
Exports $1.85MRnk 164 / 217
2022
Flag → Flag
Top Product $472kComputers
2022
Flag → Flag
Exports $17MRnk 24 / 94
2022
Flag → Flag
Top Product $14.9MCopper Ore
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.53Rnk 125 / 133
2022
Flag  
GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH43.9%CURRENT US$
Rnk 78 / 186
2022
Flag
GDP PC $55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186
2022
Flag
GDP PC$3,020CURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP PC GROWTH13.8%CURRENT US$
Rnk 100 / 186

About

Sweden-Papua New Guinea Trade: In 2022, Sweden exported $1.85M to Papua New Guinea. The main products that Sweden exported to Papua New Guinea were Computers ($472k), Garden Tools ($265k), and Trailers and semi-trailers, not mechanically propelled vehicles ($191k). Over the past 5 years the exports of Sweden to Papua New Guinea have increased at an annualized rate of 11.2%, from $1.09M in 2017 to $1.85M in 2022.

In 2022, Sweden did not export any services to Papua New Guinea.

Papua New Guinea-Sweden Trade: In 2022, Papua New Guinea exported $17M to Sweden. The main products that Papua New Guinea exported to Sweden were Copper Ore ($14.9M), Processed Fish ($1.69M), and Coffee ($365k). Over the past 5 years the exports of Papua New Guinea to Sweden have increased at an annualized rate of 42.6%,  from $2.88M in 2017 to $17M in 2022.

In 2022, Papua New Guinea did not export any services to Sweden.

Comparison: In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). That same year, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B).

Latest Trends

May, 2024

About

Overview In May 2024, Sweden exported SEK537k and imported SEK8.68M from Papua New Guinea, resulting in a negative trade balance of SEK8.14M. Between May 2023 and May 2024 the exports of Sweden have decreased by SEK-798k (-59.8%) from SEK1.34M to SEK537k, while imports increased by SEK8.67M (124k%) from SEK7k to SEK8.68M.

Trade In May 2024, the top exports of Sweden to Papua New Guinea were Computers (SEK479k), Electrical Transformers (SEK219k), Watch Cases and Parts (SEK17k), Electric Batteries (SEK10k), and Brochures (SEK5k). In May 2024 the top imports of Sweden from Papua New Guinea were Coffee (SEK3.76M) and Processed Fish (SEK785k).

Growth In May 2024, the decrease in Sweden's year-by-year exports to Papua New Guinea was explained primarily by an decrease in product exports in . In April 2024, the increase in Sweden's year-by-year imports  from Papua New Guinea was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (May 2023 - May 2024)SEK-798k(-59.8%)
IMPORT GROWTH (April 2023 - April 2024)SEK8.67M(124k%)

This section shows exports and imports data at subnational level for Sweden. Click any date in the line plot or any product to explore the exports or imports behavior of Sweden over time.

To check Papua New Guinea and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Papua New Guinea and Sweden Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $1.85M to Papua New Guinea. The main products exported from Sweden to Papua New Guinea were Computers ($472k), Garden Tools ($265k), and Trailers and semi-trailers, not mechanically propelled vehicles ($191k). During the last 5 years the exports of Sweden to Papua New Guinea have increased at an annualized rate of 11.2%, from $1.09M in 2017 to $1.85M in 2022.

In 2017, Papua New Guinea exported $17M to Sweden. The main products exported from Papua New Guinea to Sweden were Copper Ore ($14.9M), Processed Fish ($1.69M), and Coffee ($365k). During the last 5 years the exports of Papua New Guinea to Sweden have increased at an annualized rate of 42.6%, from $2.88M in 2022 to $17M in 2017.

Exports from Sweden (Flag) to Papua New Guinea (Flag) (2022)

Exports from Papua New Guinea (Flag) to Sweden (Flag) (2022)

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Papua New Guinea
Top DestinationJapan$4.03B

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

In 2022, countries that imported more from Sweden than Papua New Guinea included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

In 2022, countries that imported more from Papua New Guinea than Sweden included Japan ($4.03B), Chinese Taipei ($1.46B), and Brunei ($321M).

Difference in imports from Papua New Guinea (Flag) and Sweden (Flag) (2022)

Comparative Advantage Sweden - Papua New Guinea

Flow
Scale

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

During 2022, Sweden had a large net trade with Papua New Guinea in the exports of Machines ($1.15M), Metals ($278k), and Transportation ($192k).

During 2017, Papua New Guinea had a large net trade with Sweden in the exports of Mineral Products ($14.9M), Foodstuffs ($1.69M), and Vegetable Products ($365k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Papua New Guinea+$574kComputers
Top Product Potential Papua New Guinea Sweden+$3.17MCopper Ore

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

Product Space of Sweden (Flag) and Papua New Guinea (Flag) (2022)

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