Azerbaijan (AZE) and Papua New Guinea (PNG) Trade | The Observatory of Economic Complexity

About

Azerbaijan-Papua New Guinea Trade: In 2021, Azerbaijan exported $2.86k to Papua New Guinea. The main products that Azerbaijan exported to Papua New Guinea were N/A. Over the past 6 years the exports of Azerbaijan to Papua New Guinea have decreased at an annualized rate of 16%, from $8.15k in 2015 to $2.86k in 2021.

In 2021, Azerbaijan did not export any services to Papua New Guinea.

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

In 2021, Papua New Guinea did not export any services to Azerbaijan.

Comparison: In 2022, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B). That same year, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Azerbaijan exported $2.86k to Papua New Guinea. There were not main exports from Azerbaijan to Papua New Guinea in 2021. During the last 6 years the exports of Azerbaijan to Papua New Guinea have decreased at an annualized rate of 16%, from $8.15k in 2015 to $2.86k in 2021.

Papua New Guinea does not register exports to Azerbaijan.

Exports from Azerbaijan () to Papua New Guinea () (2021)

Exports from Papua New Guinea () to Azerbaijan () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$18.3B

Papua New Guinea
Top DestinationJapan$4.03B

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

In 2022, countries that imported more from Azerbaijan than Papua New Guinea included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

In 2022, countries that imported more from Papua New Guinea than Azerbaijan included Japan ($4.03B), China ($3.44B), and Australia ($1.74B).

Difference in imports from Papua New Guinea () and Azerbaijan () (2022)

Comparative Advantage Azerbaijan - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Azerbaijan had a large net trade with Papua New Guinea in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Azerbaijan Papua New Guinea+$3.3kCrude Petroleum

Top Product Potential Papua New Guinea Azerbaijan+$3.77kPetroleum 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Azerbaijan and Papua New Guinea. This means that a dot/product with the flag of Azerbaijan 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 Azerbaijan.

About

Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Papua New Guinea () (2021)

Exports from Papua New Guinea () to Azerbaijan () (2021)

Market Competitiveness

Difference in imports from Papua New Guinea () and Azerbaijan () (2022)

Comparative Advantage Azerbaijan - Papua New Guinea

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Azerbaijan () and Papua New Guinea () (2021)

Keep Exploring