India / Papua New Guinea

Overview In November 2024, India exported $3.7M and imported $37.6M from Papua New Guinea, resulting in a negative trade balance of $33.9M. Between November 2023 and November 2024 the exports of India have decreased by $-1.07M (-22.4%) from $4.77M to $3.7M, while imports increased by $36.1M (2.42k%) from $1.49M to $37.6M.

Trade In November 2024, the top exports of India to Papua New Guinea were Other Construction Machinery ($2.43M), Drug Formulations, Biologicals ($2.02M), Products Of Iron And Steel ($763k), Indl. Machnry For Dairy Etc ($683k), and Rice(Other Than Basmoti) ($538k). In November 2024 the top imports of India from Papua New Guinea were Vegetable Oils ($19M), Oil Meals ($902k), Plywood And Allied Products ($502k), Other Wood And Wood Products ($106k), and Other Commodities ($80k).

Growth In November 2024, the decrease in India's year-by-year exports to Papua New Guinea was explained primarily by an decrease in product exports in Rice(Other Than Basmoti) ($-1.11M or -67.3%), Other Misc. Engineering Items ($-347k or -95.3%), and Electronics Components ($-325k or -98.7%). In November 2024, the increase in India's year-by-year imports  from Papua New Guinea was explained primarily by an increase in product imports  in Oil Meals ($836k or 1.28k%).