2022
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GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH
37%CURRENT US$
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2022
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 GDP
$30.6BCURRENT US$
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2012-2022
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GDP GROWTH
43.9%CURRENT US$
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2022
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GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
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GDP PC GROWTH
33.4%CURRENT US$
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2022
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GDP PC
$3,020CURRENT US$
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2012-2022
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GDP PC GROWTH
13.8%CURRENT US$
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About

Hong Kong-Papua New Guinea In 2022, Hong Kong exported $34.5M to Papua New Guinea. The main products that Hong Kong exported to Papua New Guinea are Broadcasting Equipment ($19.5M), Flavored Water ($3.37M), and Computers ($2.47M). During the last 27 years the exports of Hong Kong to Papua New Guinea have increased at an annualized rate of 0.73%, from $28.4M in 1995 to $34.5M in 2022.

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

Papua New Guinea-Hong Kong In 2022, Papua New Guinea exported $46.3M to Hong Kong. The main products that Papua New Guinea exported to Hong Kong were Refined Petroleum ($44.6M), Fish: dried, salted, smoked or in brine ($638k), and Coffee ($411k). During the last 27 years the exports of Papua New Guinea to Hong Kong have increased at an annualized rate of 0.81%, from $37.3M in 1995 to $46.3M in 2022.

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

Comparison In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). 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, Hong Kong exported $34.5M to Papua New Guinea. The main products exported from Hong Kong to Papua New Guinea were Broadcasting Equipment ($19.5M), Flavored Water ($3.37M), and Computers ($2.47M). During the last 27 years the exports of Hong Kong to Papua New Guinea have increased at an annualized rate of 0.73%, from $28.4M in 1995 to $34.5M in 2022.

In 2022, Papua New Guinea exported $46.3M to Hong Kong. The main products exported from Papua New Guinea to Hong Kong were Refined Petroleum ($44.6M), Fish: dried, salted, smoked or in brine ($638k), and Coffee ($411k). During the last 27 years the exports of Papua New Guinea to Hong Kong have increased at an annualized rate of 0.81%, from $37.3M in 1995 to $46.3M in 2022.

Exports from Hong Kong (Flag) to Papua New Guinea (Flag) (2022)

Exports from Papua New Guinea (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Papua New Guinea (Flag)

Hong Kong Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Papua New Guinea
Top Destination
Japan$4.03B

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

In 2021, countries that imported more from Hong Kong than Papua New Guinea were China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2021, countries that imported more from Papua New Guinea than Hong Kong were Japan ($4.03B), Australia ($1.74B), and Brunei ($321M).

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

Comparative Advantage Hong Kong - Papua New Guinea

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Papua New Guinea in the exports of Machines ($27.1M), Foodstuffs ($3.4M), and Instruments ($932k).

During 2022, Papua New Guinea had a large net trade with Hong Kong in the exports of Mineral Products ($44.6M), Animal Products ($750k), and Vegetable Products ($436k).

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 Hong Kong has comparative advantage over Papua New Guinea. Similarly, the more yellow a dot/product is, the more Papua New Guinea has comparative advantage over Hong Kong.

Product Space of Hong Kong (Flag) and Papua New Guinea (Flag) (2022)

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