Micronesia (FSM) and Papua New Guinea (PNG) Trade | The Observatory of Economic Complexity

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Micronesia-Papua New Guinea Trade: In 2021, Micronesia exported $2.09M to Papua New Guinea. The main products that Micronesia exported to Papua New Guinea were N/A. Over the past 18 years the exports of Micronesia to Papua New Guinea have increased at an annualized rate of 38.3%, from $6.08k in 2003 to $2.09M in 2021.

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

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

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

Comparison In 2022, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index. 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, Micronesia exported $2.09M to Papua New Guinea. There were not main exports from Micronesia to Papua New Guinea in 2021. During the last 18 years the exports of Micronesia to Papua New Guinea have increased at an annualized rate of 38.3%, from $6.08k in 2003 to $2.09M in 2021.

Papua New Guinea does not register exports to Micronesia.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Micronesia
Top DestinationThailand$143M

Papua New Guinea
Top DestinationJapan$4.03B

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

In 2022, countries that imported more from Micronesia than Papua New Guinea included Ecuador ($3.47M), Ireland ($220k), and Paraguay ($10.9k).

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

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

Comparative Advantage Micronesia - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Micronesia - Papua New Guinea

Economic Complexity

Competitive Landscape

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

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