Papua New Guinea

In 2012, the value of merchandise exports of Papua New Guinea decreased substantially by 17.9 percent to reach 4.5 bln US$, while its merchandise imports increased substantially by 36.6 percent to reach 8.3 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a moderate deficit of 3.8 bln US$ (see graph 1). The largest merchandise trade balance was with MDG South-eastern Asia at -1.8 bln US$ (see graph 4). Merchandise exports in Papua New Guinea were moderately concentrated amongst partners; imports were also moderately concentrated. The top 9 partners accounted for 80 percent or more of exports and 8 partners accounted for 80 percent or more of imports (see graph 5). In 2009, the value of exports of services of Papua New Guinea decreased substantially by 46.1 percent, reaching 195.6 mln US$, while its imports of services increased substantially by 11.1 percent and reached 1.9 bln US$ (see graph 2). There was a large trade in services deficit of 1.7 bln US$.

Related Subject(s): International Trade and Finance
Countries: Papua New Guinea
-contentType:Journal -contentType:Contributor -contentType:Concept -contentType:Institution
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error