Papua New Guinea

Oceania
Papua New Guinea world map

Trade in Papua New Guinea

Papua New Guinea was the world’s 80th largest exporter of goods and 161st largest exporter of commercial services in 2022. Export values were $14.33 billion and $102 million USD respectively. Papua New Guinea’s top export category was Fuels and mining products, followed by Agricultural products, and Manufactures. In 2022, Papua New Guinea’s main export destination markets for goods and services trade were to Australia, Japan and Germany. In terms of imports, Papua New Guinea is the world’s 141st largest importer of goods and 113th largest importer of commercial services. Import values were $5.30 billion and $1.98 billion USD respectively in 2022. Papua New Guinea’s top import category was Manufactures, followed by Machinery and transport equipment and Agricultural products. Leading import partners were Australia, Singapore and China. Papua New Guinea is part of 6 different Regional Trade Agreements, including Australia – Papua New Guinea (PATCRA) and EU – Pacific States.
Regional Trade Agreements Database

General Information

This section includes general information on the economy, legal system, official languages and links to additional demographic information.

Official Name

Independent State of Papua New Guinea

Abbreviation

PG

Capital

Port Moresby

WTO Membership Date

9 June 1996

Legal System

mixed legal system of English common law and customary law

Language

Tok Pisin, Hiri-Motu, English

Number of Time Zone(s)

2

Additional Information

Financial Information

This section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance.

Currency

Papua New Guinean kina

Exchange Rate

 Google Finance Currencies

GTFP Confirming Banks

Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited.

  • Maybank PNG Limited - Port Moresby, Papua New Guinea - SWIFT: MBBEPGPM

Contact Information

This section includes contact information for business support organizations and national resources.

Copyright Offices

  • Intellectual Property Office of Papua New Guinea (IPOPNG)

Industrial Property Offices

  • Intellectual Property Office of Papua New Guinea (IPOPNG)

SPS Enquiry Points

Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements.

  • Director-General
    Economic and Development Cooperation
    Department of Foreign Affairs and Immigration
    Phone: +(675) 301 4168/4203

    P.O. Box 422

TBT Enquiry Points

Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements.

  • Director General
    National Institute of Standards and Industrial Technology (NISIT)
    Contact: Mr. Dan Yansom
    Phone: + (675) 323 18 52; + (675) 311 21 46
    Website: http://www.nisit.gov.pg

    P.O. Box 3042
    BOROKO

Additional Information

 ePing alert

Links to other helpful resources

This section includes additional links to trade-related resources.

National Tariff Finder

 https://shipcustomerdirect.com/shippingcountries/papua-new-guinea/

Last Reviewed: June, 2024

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