Thailand (THA) and Papua New Guinea (PNG) Trade | The Observatory of Economic Complexity

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Thailand-Papua New Guinea Trade: In 2023, Thailand exported $178M to Papua New Guinea. The main products that Thailand exported to Papua New Guinea were Rice ($55M), Delivery Trucks ($20.3M), and Raw Sugar ($20.2M). Over the past 5 years the exports of Thailand to Papua New Guinea have increased at an annualized rate of 0.9%, from $170M in 2018 to $178M in 2023.

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

Papua New Guinea-Thailand Trade: In 2023, Papua New Guinea exported $174M to Thailand. The main products that Papua New Guinea exported to Thailand were Crude Petroleum ($119M), Non-fillet Frozen Fish ($53M), and Processed Crustaceans ($818k). Over the past 5 years the exports of Papua New Guinea to Thailand have decreased at an annualized rate of 3.92%, from $270M in 2018 to $174M in 2023.

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

Comparison: In 2023, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B). That same year, Papua New Guinea ranked 127 in the Economic Complexity Index (ECI -1.63), and 93 in total exports ($12.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Thailand exported $178M to Papua New Guinea. The main products exported from Thailand to Papua New Guinea were Rice ($55M), Delivery Trucks ($20.3M), and Raw Sugar ($20.2M). During the last 5 years the exports of Thailand to Papua New Guinea have increased at an annualized rate of 0.9%, from $170M in 2018 to $178M in 2023.

In 2018, Papua New Guinea exported $174M to Thailand. The main products exported from Papua New Guinea to Thailand were Crude Petroleum ($119M), Non-fillet Frozen Fish ($53M), and Processed Crustaceans ($818k). During the last 5 years the exports of Papua New Guinea to Thailand have decreased at an annualized rate of 3.92%, from $270M in 2023 to $174M in 2018.

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

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

Latest Data

Trade between Thailand () and Papua New Guinea ()

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationUnited States$58.5B

Papua New Guinea
Top DestinationChina$3.55B

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

In 2023, countries that imported more from Thailand than Papua New Guinea included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

In 2023, no countries were registered that imported more from Papua New Guinea than from Thailand.

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

Comparative Advantage Thailand - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Thailand had a large net trade with Papua New Guinea in the exports of Vegetable Products ($55.1M), Transportation ($39.2M), and Foodstuffs ($26.9M).

During 2018, Papua New Guinea had a large net trade with Thailand in the exports of Mineral Products ($119M), Animal Products ($53.2M), and Foodstuffs ($827k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Thailand Papua New Guinea+$4MDelivery Trucks

Top Product Potential Papua New Guinea Thailand+$115MPetroleum Gas

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 Thailand and Papua New Guinea. This means that a dot/product with the flag of Thailand 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 Thailand.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Thailand () and Papua New Guinea ()

Thailand Exports

Market Competitiveness

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

Comparative Advantage Thailand - Papua New Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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