2022
Flag  
GDP
$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH
43.9%CURRENT US$
Rnk 78 / 186
2022
Flag
GDP PC 
$3,020CURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP PC GROWTH
13.8%CURRENT US$
Rnk 100 / 186

About

Papua New Guinea-Chinese Taipei Trade: In 2022, Papua New Guinea exported $1.46B to Chinese Taipei. The main products that Papua New Guinea exported to Chinese Taipei were Petroleum Gas ($1.44B), Rough Wood ($16.5M), and Sawn Wood ($1.52M). Over the past 5 years the exports of Papua New Guinea to Chinese Taipei have increased at an annualized rate of 11.9%, from $833M in 2017 to $1.46B in 2022.

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

Chinese Taipei-Papua New Guinea Trade: In 2022, Chinese Taipei exported $112M to Papua New Guinea. The main products that Chinese Taipei exported to Papua New Guinea were Refined Petroleum ($61M), Rice ($23.1M), and Non-fillet Frozen Fish ($15.4M). Over the past 5 years the exports of Chinese Taipei to Papua New Guinea have decreased at an annualized rate of 3.65%,  from $135M in 2017 to $112M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Papua New Guinea exported $1.46B to Chinese Taipei. The main products exported from Papua New Guinea to Chinese Taipei were Petroleum Gas ($1.44B), Rough Wood ($16.5M), and Sawn Wood ($1.52M). During the last 5 years the exports of Papua New Guinea to Chinese Taipei have increased at an annualized rate of 11.9%, from $833M in 2017 to $1.46B in 2022.

In 2017, Chinese Taipei exported $112M to Papua New Guinea. The main products exported from Chinese Taipei to Papua New Guinea were Refined Petroleum ($61M), Rice ($23.1M), and Non-fillet Frozen Fish ($15.4M). During the last 5 years the exports of Chinese Taipei to Papua New Guinea have decreased at an annualized rate of 3.65%, from $135M in 2022 to $112M in 2017.

Exports from Papua New Guinea (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Papua New Guinea (Flag) (2022)

Market Competitiveness

Color
Papua New Guinea
Top Destination
Japan$4.03B
Chinese Taipei
Top Destination
China$121B

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

In 2022, countries that imported more from Papua New Guinea than Chinese Taipei included Brunei ($321M).

In 2022, countries that imported more from Chinese Taipei than Papua New Guinea included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

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

Comparative Advantage Papua New Guinea - Chinese Taipei

Flow
Scale

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

During 2022, Papua New Guinea had a large net trade with Chinese Taipei in the exports of Mineral Products ($1.44B), Wood Products ($19.4M), and Foodstuffs ($1.45M).

During 2017, Chinese Taipei had a large net trade with Papua New Guinea in the exports of Mineral Products ($61M), Vegetable Products ($23.2M), and Animal Products ($15.4M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Papua New Guinea and Chinese Taipei. This means that a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Chinese Taipei. Similarly, a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over Papua New Guinea.

Product Space of Papua New Guinea (Flag) and Chinese Taipei (Flag) (2022)

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