Papua New Guinea / Australia

Papua New Guinea-Australia Trade: In 2022, Papua New Guinea exported $1.74B to Australia. The main products that Papua New Guinea exported to Australia were Gold ($1.6B), Silver ($44.7M), and Coffee ($36.5M). Over the past 5 years the exports of Papua New Guinea to Australia have decreased at an annualized rate of 7.26%, from $2.54B in 2017 to $1.74B in 2022.

In 2022, Papua New Guinea did not export any services to Australia.

Australia-Papua New Guinea Trade: In 2022, Australia exported $1.27B to Papua New Guinea. The main products that Australia exported to Papua New Guinea were Wheat ($95.9M), Excavation Machinery ($75.1M), and Sheep and Goat Meat ($69.9M). Over the past 5 years the exports of Australia to Papua New Guinea have increased at an annualized rate of 1.29%,  from $1.19B in 2017 to $1.27B in 2022.

In 2009, Australia exported services to Papua New Guinea worth $347M, with Other business services ($158M), Travel ($124M), and Personal, cultural, and recreational services ($30.9M) being the largest in terms of value.

Comparison: In 2022,  Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B). That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).