International Trade Statistics Yearbook 2014, Volume I

Trade by Country

image of International Trade Statistics Yearbook 2014, Volume I

The 2014 International Trade Statistics Yearbook (2014 ITSY) is the sixty-third edition of this yearbook. Its objective is to inform about the detailed merchandise and services imports and exports of individual countries (areas) by commodity and service category and by partner country (volume I), the world trade in individual commodities (3-digit SITC groups) (volume II) and total world merchandise trade - up to the year 2014.



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 2012, the value of exports of services of Papua New Guinea increased substantially by 12.4 percent, reaching 476.9 mln US$, while its imports of services increased substantially by 25.9 percent and reached 3.7 bln US$ (see graph 2). There was a large trade in services deficit of 3.3 bln US$.


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