Papua New Guinea recorded a trade surplus of 5067 PGK Million in the first quarter of 2018. Balance of Trade in Papua New Guinea averaged 1691.25 PGK Million from 1997 until 2018, reaching an all time high of 6699 PGK Million in the fourth quarter of 2017 and a record low of 75 PGK Million in the fourth quarter of 1997.

Papua New Guinea Balance of Trade
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Papua New Guinea Trade Last Previous Highest Lowest Unit
Balance of Trade 5067.00 6699.00 6699.00 75.00 PGK Million [+]
Exports 7224.00 8264.00 8264.00 623.00 PGK Million [+]
Imports 2158.00 1565.00 3242.90 518.00 PGK Million [+]
Current Account 1841.40 421.40 4387.00 -2266.00 PGK Million [+]
Current Account to GDP 15.30 19.60 19.60 -36.10 percent [+]
Gold Reserves 2.00 2.00 2.00 1.96 Tonnes [+]
Terrorism Index 0.00 0.00 1.19 0.00 [+]
Crude Oil Production 49.00 50.00 115.00 3.70 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Papua New Guinea Balance of Trade

As a major exporter of commodities, Papua New Guinea consistently runs trade surpluses. Papua New Guinea mainly exports gold, oil, copper, coffee, cocoa, vegetable oils, fish and wood. Papua New Guinea mainly imports fuel, rice, vehicles, heavy machinery, meat, iron and steel, and tires. Papua New Guinea's main trading partners are Australia, Japan, China, the United States, Singapore and the Netherlands. This page provides - Papua New Guinea Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Papua New Guinea Balance of Trade - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5067.00 6699.00 6699.00 75.00 1997 - 2018 PGK Million Quarterly




Country Last
Argentina 314.00 Sep/18
Australia 3017.00 Sep/18
Brazil 6121.36 Oct/18
Canada -416.30 Sep/18
China 340.16 Oct/18
Euro Area 11671.20 Aug/18
France -5663.00 Sep/18
Germany 18395.00 Sep/18
India -13980.00 Sep/18
Indonesia 227.10 Sep/18
Italy 2564.00 Aug/18
Japan 139.56 Sep/18
Mexico -194.00 Sep/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 3685.26 Sep/18
South Africa -2950.00 Sep/18
South Korea 6552.00 Oct/18
Spain -3057300.00 Aug/18
Switzerland 1447.00 Sep/18
Turkey -1869.47 Sep/18
United Kingdom -27.00 Sep/18
United States -54019.00 Sep/18


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