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Trade between Australia and Papua New Guinea

In 2024, Australia exported $1.6 billion to Papua New Guinea and imported $2.7 billion. Australia ran a deficit of $1.1 billion with Papua New Guinea, compared with a deficit of $3.8 billion in 2019. Papua New Guinea was Australia’s 21st largest trading partner (0.7% of its trade), and Australia was Papua New Guinea’s 2nd (22%).

Summary

Australia → Papua New Guinea
$1.6billion
Papua New Guinea → Australia
$2.7billion
Australia’s balance
-$1.1billion

Balance

Australia’s trade balance with Papua New Guinea

Trade between Australia and Papua New Guinea grew 3.1-fold since 1995

USD billions (current). Australia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.6
  • Imports 2.7
  • Balance -1.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$511 million$865 million-$354 million
1996$765 million$926 million-$160 million
1997$683 million$711 million-$28 million
1998$624 million$529 million$95 million
1999$462 million$728 million-$266 million
2000$646 million$867 million-$221 million
2001$814 million$662 million$152 million
2002$729 million$901 million-$172 million
2003$747 million$1.1 billion-$377 million
2004$970 million$1.3 billion-$335 million
2005$899 million$1.6 billion-$660 million
2006$995 million$1.8 billion-$759 million
2007$1.3 billion$2.2 billion-$913 million
2008$1.2 billion$2.5 billion-$1.3 billion
2009$1.3 billion$2.3 billion-$1 billion
2010$1.7 billion$2.8 billion-$1.1 billion
2011$2.2 billion$6 billion-$3.8 billion
2012$2.7 billion$5.1 billion-$2.4 billion
2013$2.1 billion$2.9 billion-$776 million
2014$1.7 billion$3.3 billion-$1.6 billion
2015$1.1 billion$2.2 billion-$1.1 billion
2016$1.2 billion$2.7 billion-$1.5 billion
2017$1.2 billion$2.6 billion-$1.4 billion
2018$1.4 billion$2.7 billion-$1.3 billion
2019$1.7 billion$5.4 billion-$3.8 billion
2020$1.4 billion$4.5 billion-$3.1 billion
2021$1.5 billion$3.2 billion-$1.6 billion
2022$1.7 billion$3.2 billion-$1.5 billion
2023$1.7 billion$3.6 billion-$1.9 billion
2024$1.6 billion$2.7 billion-$1.1 billion

What they sell each other

What Australia sells to Papua New Guinea

The top 10 headings in 2024, with their share of the total.

  1. 6 thousand tonnes
  2. Lamb and goat meat$83 million · 5.2%
    25 thousand tonnes · Australia’s destinations
  3. Wheat$79 million · 4.9%
    272 thousand tonnes · Australia’s destinations
  4. Auto parts$78 million · 4.9%
    6 thousand tonnes
  5. Refined petroleum$63 million · 4%
    61 thousand tonnes · Australia’s destinations
  6. 5 thousand tonnes
  7. Liquid pumps$45 million · 2.8%
    1 thousand tonnes
  8. Valves and taps$33 million · 2.1%
    617 tonnes
  9. Bulldozers and excavators$32 million · 2%
    5 thousand tonnes
  10. Poultry meat$32 million · 2%
    19 thousand tonnes

What Papua New Guinea sells to Australia

The top 10 headings in 2024, with their share of the total.

  1. Gold$2.5 billion · 92.6%
    38 tonnes · Papua New Guinea’s destinations
  2. Silver$98 million · 3.7%
    140 tonnes
  3. Coffee$37 million · 1.4%
    8 thousand tonnes
  4. Airplanes and helicopters$8 million · 0.3%
    8 tonnes · Australia’s sources
  5. Auto parts$8 million · 0.29%
    531 tonnes · Australia’s sources
  6. 481 tonnes
  7. Valves and taps$5 million · 0.2%
    145 tonnes
  8. Copper scrap$3 million · 0.1%
    400 tonnes
  9. Diesel engines$3 million · 0.1%
    81 tonnes
  10. Meat and fish meal$3 million · 0.09%
    2 thousand tonnes

How it travels

Estimated sea route from Sydney to Port Moresby.

The estimated sea route between Sydney and Port Moresby is 1,663 nautical miles (3,079 km) long: ≈ 4–5 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.4 billion · 32.9%
  2. Air$2.9 billion · 67.1%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Papua New Guinea was Australia’s 21st largest trading partner (0.7% of its trade), and Australia was Papua New Guinea’s 2nd (22%).

Papua New Guinea in Australia’s trade
0.7%
Papua New Guinea’s rank among Australia’s partners
21st
Australia in Papua New Guinea’s trade
22.1%
Australia’s rank among Papua New Guinea’s partners
2nd

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.