Papua New Guinea recorded a trade surplus of 8740 PGK Million in the fourth quarter of 2021. source: Bank of Papua New Guinea

Balance of Trade in Papua New Guinea averaged 2345.33 PGK Million from 1997 until 2021, reaching an all time high of 8740 PGK Million in the fourth quarter of 2021 and a record low of 75 PGK Million in the fourth quarter of 1997. 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 - values, historical data and charts - was last updated on September of 2022.

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. In the long-term, the Papua New Guinea Balance of Trade is projected to trend around 5511.00 PGK Million in 2023 and 5476.00 PGK Million in 2024, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Papua New Guinea Balance of Trade



Related Last Previous Unit Reference
Balance of Trade 8740.00 6105.00 PGK Million Dec 2021
Current Account 6917.00 4990.00 PGK Million Dec 2021
Exports 10620.00 8654.00 PGK Million Dec 2021
Imports 1880.00 2549.00 PGK Million Dec 2021
Foreign Direct Investment -191.00 270.00 PGK Million Dec 2021
Capital Flows -4450.00 -4713.00 PGK Million Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
8740.00 6105.00 8740.00 75.00 1997 - 2021 PGK Million Quarterly