Laos (LAO) and Papua New Guinea (PNG) Trade | The Observatory of Economic Complexity

About

Laos-Papua New Guinea Trade: In 2021, Laos exported $25.6k to Papua New Guinea. The main products that Laos exported to Papua New Guinea were N/A. Over the past 20 years the exports of Laos to Papua New Guinea have decreased at an annualized rate of 2.1%, from $39.2k in 2001 to $25.6k in 2021.

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

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

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

Comparison: In 2022, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B). 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, Laos exported $25.6k to Papua New Guinea. There were not main exports from Laos to Papua New Guinea in 2021. During the last 20 years the exports of Laos to Papua New Guinea have decreased at an annualized rate of 2.1%, from $39.2k in 2001 to $25.6k in 2021.

Papua New Guinea does not register exports to Laos.

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

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

Latest Data

Trade between Laos () and Papua New Guinea ()

Laos Exports

Date

Aug 2019

May 2019

Feb 2019

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationThailand$3.29B

Papua New Guinea
Top DestinationJapan$4.03B

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

In 2022, countries that imported more from Laos than Papua New Guinea included Thailand ($3.29B), Vietnam ($978M), and Cambodia ($207M).

In 2022, countries that imported more from Papua New Guinea than Laos included Japan ($4.03B), Chinese Taipei ($1.46B), and South Korea ($1.48B).

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

Comparative Advantage Laos - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Laos 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 Laos Papua New Guinea+$1.95kTelephones

Top Product Potential Papua New Guinea Laos+$3.53kGold

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Laos () and Papua New Guinea ()

Laos Exports

Market Competitiveness

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

Comparative Advantage Laos - 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 Laos () and Papua New Guinea () (2021)

Keep Exploring