Papua New Guinea recorded a trade surplus of 7349 PGK Million in the second quarter of 2019. Balance of Trade in Papua New Guinea averaged 1951.70 PGK Million from 1997 until 2019, reaching an all time high of 7349 PGK Million in the second quarter of 2019 and a record low of 75 PGK Million in the fourth quarter of 1997.
Balance of Trade in Papua New Guinea is expected to be 5568.00 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 5560.00 in 12 months time. In the long-term, the Papua New Guinea Balance of Trade is projected to trend around 5476.00 PGK Million in 2020, according to our econometric models.