Papua New Guinea vs Venezuela, Bolivarian Republic of: Net trade in goods
Net trade in goods over time
- Papua New Guinea
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports 11.06 billion BoP, current US$ against 8.71 billion BoP, current US$ in Papua New Guinea, a difference of 2.35 billion BoP, current US$.
That makes Venezuela, Bolivarian Republic of's figure about 1.3 times Papua New Guinea's.
The two have swapped places 6 times across 41 shared years of data; in 1976 it was Venezuela, Bolivarian Republic of ahead.
Papua New Guinea ranks 37th and Venezuela, Bolivarian Republic of ranks 34th of 200 countries.
Venezuela, Bolivarian Republic of has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Papua New Guinea | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 122.86 million BoP, current US$ | 942.00 million BoP, current US$ | 819.14 million BoP, current US$ | Venezuela, Bolivarian Republic of |
| 1980s | -40.64 million BoP, current US$ | 4.99 billion BoP, current US$ | 5.03 billion BoP, current US$ | Venezuela, Bolivarian Republic of |
| 1990s | 822.03 million BoP, current US$ | 6.56 billion BoP, current US$ | 5.74 billion BoP, current US$ | Venezuela, Bolivarian Republic of |
| 2000s | 1.51 billion BoP, current US$ | 22.54 billion BoP, current US$ | 21.03 billion BoP, current US$ | Venezuela, Bolivarian Republic of |
| 2010s | 3.24 billion BoP, current US$ | 24.63 billion BoP, current US$ | 21.39 billion BoP, current US$ | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods, Papua New Guinea or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at 11.06 billion BoP, current US$ against 8.71 billion BoP, current US$ in Papua New Guinea as of 2016.
- What is the difference in net trade in goods between Papua New Guinea and Venezuela, Bolivarian Republic of?
- 2.35 billion BoP, current US$, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Papua New Guinea and Venezuela, Bolivarian Republic of?
- 41 years are reported by both, from 1976 to 2016.
- How do Papua New Guinea and Venezuela, Bolivarian Republic of rank globally for net trade in goods?
- Papua New Guinea ranks 37th and Venezuela, Bolivarian Republic of ranks 34th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.