2022
Flag  
GDP
$467BCURRENT US$
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2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
 GDP
$30.6BCURRENT US$
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2012-2022
Flag
GDP GROWTH
43.9%CURRENT US$
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2022
Flag
GDP PC 
$82,808CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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2022
Flag
GDP PC
$3,020CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
13.8%CURRENT US$
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About

Singapore-Papua New Guinea In 2022, Singapore exported $857M to Papua New Guinea. The main products that Singapore exported to Papua New Guinea are Refined Petroleum ($572M), Industrial Fatty Acids, Oils and Alcohols ($63.9M), and Other Edible Preparations ($62.6M). During the last 27 years the exports of Singapore to Papua New Guinea have increased at an annualized rate of 6.38%, from $161M in 1995 to $857M in 2022.

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

Papua New Guinea-Singapore In 2022, Papua New Guinea exported $190M to Singapore. The main products that Papua New Guinea exported to Singapore were Platinum Clad Metals ($80.7M), Crude Petroleum ($58.4M), and Refined Petroleum ($26.1M). During the last 27 years the exports of Papua New Guinea to Singapore have increased at an annualized rate of 7.58%, from $26.4M in 1995 to $190M in 2022.

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

Comparison In 2022,  Singapore ranked 5 in the Economic Complexity Index (ECI 1.53), and 21 in total exports ($379B). That same year, Papua New Guinea ranked 120 in the Economic Complexity Index (ECI -1.84), and 87 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $857M to Papua New Guinea. The main products exported from Singapore to Papua New Guinea were Refined Petroleum ($572M), Industrial Fatty Acids, Oils and Alcohols ($63.9M), and Other Edible Preparations ($62.6M). During the last 27 years the exports of Singapore to Papua New Guinea have increased at an annualized rate of 6.38%, from $161M in 1995 to $857M in 2022.

In 2022, Papua New Guinea exported $190M to Singapore. The main products exported from Papua New Guinea to Singapore were Platinum Clad Metals ($80.7M), Crude Petroleum ($58.4M), and Refined Petroleum ($26.1M). During the last 27 years the exports of Papua New Guinea to Singapore have increased at an annualized rate of 7.58%, from $26.4M in 1995 to $190M in 2022.

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

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

Latest Data

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

Singapore Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Papua New Guinea
Top Destination
Japan$4.03B

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

In 2021, countries that imported more from Singapore than Papua New Guinea were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2019, no countries were registered that imported more from Papua New Guinea than from Singapore.

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

Comparative Advantage Singapore - Papua New Guinea

Flow
Scale

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

During 2022, Singapore had a large net trade with Papua New Guinea in the exports of Mineral Products ($572M), Chemical Products ($84.1M), and Foodstuffs ($73.5M).

During 2022, Papua New Guinea had a large net trade with Singapore in the exports of Mineral Products ($84.6M), Precious Metals ($81.9M), and Foodstuffs ($13.9M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Singapore has comparative advantage over Papua New Guinea. Similarly, the more yellow a dot/product is, the more Papua New Guinea has comparative advantage over Singapore.

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

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