Overview In 2022, Papua New Guinea was the number 102 economy in the world in terms of GDP (current US$), the number 87 in total exports, the number 141 in total imports, the number 133 economy in terms of GDP per capita (current US$) and the number 125 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Papua New Guinea are Petroleum Gas ($7.71B), Gold ($1.74B), Palm Oil ($1.03B), Crude Petroleum ($934M), and Copper Ore ($826M), exporting mostly to Japan ($4.03B), China ($3.44B), Australia ($1.74B), South Korea ($1.48B), and Chinese Taipei ($1.46B).
Imports The top imports of Papua New Guinea are Refined Petroleum ($858M), Rice ($160M), Excavation Machinery ($123M), Delivery Trucks ($114M), and Broadcasting Equipment ($104M), importing mostly from China ($1.43B), Australia ($1.27B), Singapore ($857M), Malaysia ($508M), and Indonesia ($245M).
Location Papua New Guinea borders Indonesia by land and Australia, Micronesia, Solomon Islands, and New Caledonia by sea.