Papua New Guinea / Australia

Papua New Guinea-Australia Trade: In 2023, Papua New Guinea exported $2.07B to Australia. The main products that Papua New Guinea exported to Australia were Gold ($1.79B), Copper Ore ($121M), and Silver ($81.9M). Over the past 5 years the exports of Papua New Guinea to Australia have decreased at an annualized rate of 5.17%, from $2.7B in 2018 to $2.07B in 2023.

In 2023, Papua New Guinea did not export any services to Australia.

Australia-Papua New Guinea Trade: In 2023, Australia exported $1.44B to Papua New Guinea. The main products that Australia exported to Papua New Guinea were Wheat ($84.4M), Stone Processing Machines ($81.8M), and Sheep and Goat Meat ($77.8M). Over the past 5 years the exports of Australia to Papua New Guinea have increased at an annualized rate of 0.81%,  from $1.38B in 2018 to $1.44B in 2023.

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 2023,  Papua New Guinea ranked 127 in the Economic Complexity Index (ECI -1.63), and 93 in total exports ($12.5B). That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).