India / Papua New Guinea

Overview In September 2024, India exported $5.35M and imported $3.27M from Papua New Guinea, resulting in a positive trade balance of $2.08M. Between September 2023 and September 2024 the exports of India have decreased by $-981k (-15.5%) from $6.33M to $5.35M, while imports decreased by $-18.8M (-85.2%) from $22.1M to $3.27M.

Trade In September 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 September 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 September 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 ($-325k or -98.7%). In September 2024, the decrease in India's year-by-year imports  from Papua New Guinea was explained primarily by an decrease in product imports  in Vegetable Oils ($-10.5M or -35.7%), Other Wood And Wood Products ($-4.22M or -97.6%), and Plywood And Allied Products ($-577k or -53.5%).