Papua New Guinea (PNG) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Papua New Guinea-Italy Trade: In 2022, Papua New Guinea exported $148M to Italy. The main products that Papua New Guinea exported to Italy were Gold ($76.5M), Processed Fish ($33M), and Coffee ($27.6M). Over the past 5 years the exports of Papua New Guinea to Italy have increased at an annualized rate of 11.7%, from $85.1M in 2017 to $148M in 2022.

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

Italy-Papua New Guinea Trade: In 2022, Italy exported $11.4M to Papua New Guinea. The main products that Italy exported to Papua New Guinea were Gas Turbines ($5.68M), Pure Olive Oil ($1.08M), and Delivery Trucks ($631k). Over the past 5 years the exports of Italy to Papua New Guinea have decreased at an annualized rate of 13.8%, from $24M in 2017 to $11.4M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Papua New Guinea exported $148M to Italy. The main products exported from Papua New Guinea to Italy were Gold ($76.5M), Processed Fish ($33M), and Coffee ($27.6M). During the last 5 years the exports of Papua New Guinea to Italy have increased at an annualized rate of 11.7%, from $85.1M in 2017 to $148M in 2022.

In 2017, Italy exported $11.4M to Papua New Guinea. The main products exported from Italy to Papua New Guinea were Gas Turbines ($5.68M), Pure Olive Oil ($1.08M), and Delivery Trucks ($631k). During the last 5 years the exports of Italy to Papua New Guinea have decreased at an annualized rate of 13.8%, from $24M in 2022 to $11.4M in 2017.

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

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

Latest Data

Trade between Papua New Guinea () and Italy ()

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationJapan$4.03B

Italy
Top DestinationGermany$78.5B

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

In 2022, countries that imported more from Papua New Guinea than Italy included Brunei ($321M) and Timor-Leste ($3.46M).

In 2022, countries that imported more from Italy than Papua New Guinea included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Papua New Guinea - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Papua New Guinea had a large net trade with Italy in the exports of Precious Metals ($76.6M), Foodstuffs ($33M), and Vegetable Products ($27.7M).

During 2017, Italy had a large net trade with Papua New Guinea in the exports of Machines ($7.83M), Animal and Vegetable Bi-Products ($1.18M), and Transportation ($1.13M).

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 Italy+$32.5MGold

Top Product Potential Italy Papua New Guinea+$1.05MDelivery Trucks

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Papua New Guinea () and Italy ()

Italy Exports

Market Competitiveness

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

Comparative Advantage Papua New Guinea - Italy

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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