Thailand-Papua New Guinea Bilateral Trade Analysis 2023
Complete trade statistics: $351.73M total volume •Thailand surplus: $4.23M
Thailand → Papua New Guinea
$177.98M
Exports (2023)
Papua New Guinea → Thailand
$173.75M
Imports (2023)
Trade Balance
$4.23M
Surplus for Thailand
Total Trade
$351.73M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Thailand and Papua New Guinea. Green line shows exports from Thailand, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Thailand-Papua New Guinea commercial relationship and competitive positioning in global markets.
Thailand → Papua New Guinea Exports
Export Market Intelligence
🎯 Strategic Export Focus
Thailand's export portfolio to Papua New Guinea demonstrates strategic specialization, with cereals: rice, semi-milled or wholly milled, whether or not polished or glazed representing a key competitive advantage in this bilateral market.
Papua New Guinea → Thailand Imports
Import Dependency Profile
📦 Import Strategy Analysis
Thailand's import pattern from Papua New Guinea reveals strategic sourcingin oils: petroleum oils and oils obtained from bituminous minerals, crude, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Thailand demonstrates competitive strength in exportingcereals: rice, semi-milled or wholly milled, whether or not polished or glazed to Papua New Guinea, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $351.73M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Thailand-Papua New Guinea Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $351.73 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Thailand maintains a surplus of $4.23 million
- Export Focus: Thailand's primary exports include cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, cereals: rice, broken, sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter
- Import Dependencies: Key imports from Papua New Guinea include oils: petroleum oils and oils obtained from bituminous minerals, crude, fish: frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99, fish: frozen, yellowfin tunas (thunnus albacares), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $351.73M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Thailand leveraging its comparative advantages in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Thailand's specialization in cereals: rice, semi-milled or wholly milled, whether or not polished or glazedcomplements Papua New Guinea's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in oils: petroleum oils and oils obtained from bituminous minerals, crude.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $351.73M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $351.73M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $351.73 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed and oils: petroleum oils and oils obtained from bituminous minerals, crude demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Thailand's trade surplus of $4.23 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Thailand and Papua New Guinea represents a total trade volume of $351.73 million in 2023. This partnership demonstrates a favorable trade balance for Thailand, with exports exceeding importsby $4.23 million.
Export Strengths
Thailand's exports to Papua New Guinea total $177.98 million, with competitive advantages in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, representing $27.57M or15.5% of bilateral exports.
Import Dependencies
Imports from Papua New Guinea amount to $173.75 million, highlighting economic interdependence in oils: petroleum oils and oils obtained from bituminous minerals, crude, with Oils: petroleum oils and oils obtained from bituminous minerals, crude comprising68.4% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Thailand's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Thailand and Papua New Guinea in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023