Papua New Guinea Balance of Trade - Forecast

Balance of Trade in Papua New Guinea is expected to be 5046.00 PGK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Papua New Guinea to stand at 5136.00 in 12 months time. In the long-term, the Papua New Guinea Balance of Trade is projected to trend around 5067.00 PGK Million in 2020, according to our econometric models.


Papua New Guinea Balance of Trade
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Papua New Guinea Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 6699 6631 6821 6606 6800 6684
Exports 8264 7937 8258 7989 8233 8146
Imports 1565 1306 1327 1382 1433 1462
Current Account 316 871 828 805 793 781
Current Account to GDP 15.3 3 23 2.5 2.5 -1
Gold Reserves 2 2 2 2 2 2
Terrorism Index 0 0 0 0 0 0
Crude Oil Production 28 38.96 39.09 38.96 38.93 38.94