2022
Flag  
GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 186
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 
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 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

Thailand-Papua New Guinea Trade: In 2022, Thailand exported $184M to Papua New Guinea. The main products that Thailand exported to Papua New Guinea were Rice ($42.5M), Raw Sugar ($24.3M), and Delivery Trucks ($16M). Over the past 5 years the exports of Thailand to Papua New Guinea have increased at an annualized rate of 5.81%, from $139M in 2017 to $184M in 2022.

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

Papua New Guinea-Thailand Trade: In 2022, Papua New Guinea exported $194M to Thailand. The main products that Papua New Guinea exported to Thailand were Crude Petroleum ($95.2M), Petroleum Gas ($77M), and Non-fillet Frozen Fish ($18M). Over the past 5 years the exports of Papua New Guinea to Thailand have decreased at an annualized rate of 4.05%,  from $238M in 2017 to $194M in 2022.

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

Comparison: In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). 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
Value

In 2022, Thailand exported $184M to Papua New Guinea. The main products exported from Thailand to Papua New Guinea were Rice ($42.5M), Raw Sugar ($24.3M), and Delivery Trucks ($16M). During the last 5 years the exports of Thailand to Papua New Guinea have increased at an annualized rate of 5.81%, from $139M in 2017 to $184M in 2022.

In 2017, Papua New Guinea exported $194M to Thailand. The main products exported from Papua New Guinea to Thailand were Crude Petroleum ($95.2M), Petroleum Gas ($77M), and Non-fillet Frozen Fish ($18M). During the last 5 years the exports of Papua New Guinea to Thailand have decreased at an annualized rate of 4.05%, from $238M in 2022 to $194M in 2017.

Exports from Thailand (Flag) to Papua New Guinea (Flag) (2022)

Exports from Papua New Guinea (Flag) to Thailand (Flag) (2022)

Latest Data

Trade between Thailand (Flag) and Papua New Guinea (Flag)

Thailand Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$53.4B
Papua New Guinea
Top Destination
Japan$4.03B

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

In 2022, countries that imported more from Thailand than Papua New Guinea included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

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

Comparative Advantage Thailand - Papua New Guinea

Flow
Scale

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

During 2022, Thailand had a large net trade with Papua New Guinea in the exports of Foodstuffs ($43.4M), Vegetable Products ($43M), and Transportation ($30.5M).

During 2017, Papua New Guinea had a large net trade with Thailand in the exports of Mineral Products ($172M), Animal Products ($20.4M), and Vegetable Products ($356k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Papua New Guinea+$4MDelivery Trucks
Top Product Potential Papua New Guinea Thailand+$115MPetroleum Gas

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

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

Product Space of Thailand (Flag) and Papua New Guinea (Flag) (2022)

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