Papua New Guinea (PNG) and Armenia (ARM) Trade | The Observatory of Economic Complexity

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Papua New Guinea-Armenia Trade: In 2022, Papua New Guinea exported $43.2k to Armenia. The main products that Papua New Guinea exported to Armenia were Vanilla ($34.2k) and Coffee ($9.03k). Over the past 10 years the exports of Papua New Guinea to Armenia have decreased at an annualized rate of 1.26%, from $49k in 2012 to $43.2k in 2022.

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

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

In 2022, Armenia 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, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Papua New Guinea exported $43.2k to Armenia. The main products exported from Papua New Guinea to Armenia were Vanilla ($34.2k) and Coffee ($9.03k). During the last 10 years the exports of Papua New Guinea to Armenia have decreased at an annualized rate of 1.26%, from $49k in 2012 to $43.2k in 2022.

Armenia does not register exports to Papua New Guinea.

Exports from Papua New Guinea () to Armenia () (2022)

Exports from Armenia () to Papua New Guinea () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationJapan$4.03B

Armenia
Top DestinationRussia$2.36B

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

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

In 2022, countries that imported more from Armenia than Papua New Guinea included Russia ($2.36B), United Arab Emirates ($535M), and Georgia ($260M).

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

Comparative Advantage Papua New Guinea - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Papua New Guinea had a large net trade with Armenia in the exports of Vegetable Products ($43.2k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Papua New Guinea Armenia+$34.1kCoffee

Top Product Potential Armenia Papua New Guinea+$1.81kTelephones

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 Papua New Guinea and Armenia. This means that a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Armenia. Similarly, a dot/product with the flag of Armenia indicates it has a comparative advantage over Papua New Guinea.

About

Historical Data

Bilateral Trade by Products

Exports from Papua New Guinea () to Armenia () (2022)

Exports from Armenia () to Papua New Guinea () (2022)

Market Competitiveness

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

Comparative Advantage Papua New Guinea - Armenia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Papua New Guinea () and Armenia () (2022)

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