Singapore / Papua New Guinea

Singapore-Papua New Guinea Trade: In 2022, Singapore exported $857M to Papua New Guinea. The main products that Singapore exported to Papua New Guinea were Refined Petroleum ($572M), Industrial Fatty Acids, Oils and Alcohols ($63.9M), and Other Edible Preparations ($62.6M). Over the past 5 years the exports of Singapore to Papua New Guinea have increased at an annualized rate of 13.6%, from $452M in 2017 to $857M in 2022.

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

Papua New Guinea-Singapore Trade: In 2022, Papua New Guinea exported $190M to Singapore. The main products that Papua New Guinea exported to Singapore were Platinum Clad Metals ($80.7M), Crude Petroleum ($58.4M), and Refined Petroleum ($26.1M). Over the past 5 years the exports of Papua New Guinea to Singapore have decreased at an annualized rate of 2.19%,  from $212M in 2017 to $190M in 2022.

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

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B).