Papua New Guinea Balance of Trade

Papua New Guinea recorded a trade surplus of 763 Million PGK in the third quarter of 2012. Balance of Trade in Papua New Guinea is reported by the Bank of Papua New Guinea. Historically, from 1997 until 2012, Papua New Guinea Balance of Trade averaged 1038 Million PGK reaching an all time high of 2278 Million PGK in June of 2007 and a record low of 75 Million PGK in December of 1997. 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 includes a chart with historical data for Balance of Trade in Papua New Guinea.