The United States and Papua New Guinea meet bilaterally and through our mutual membership in the Asia Pacific Economic Cooperation (APEC) forum. Papua New Guinea is eligible for preferences under the U.S. Generalized System of Preferences (GSP) program.
In 2018, Papua New Guinea GDP was an estimated $21.3 billion (current market exchange rates); real GDP was up by an estimated 0.001%; and the population was 8 million. (Source: IMF)
Papua New Guinea is currently our 153rd largest goods trading partner with $177 million in total (two way) goods trade during 2018. Goods exports totaled $87 million; goods imports totaled $90 million. The U.S. goods trade deficit with Papua New Guinea was $3 million in 2018.
According to the Department of Commerce, U.S. exports of goods to Papua New Guinea supported an estimated 1 thousand jobs in 2015 (latest data available).
- Papua New Guinea was the United States' 156th largest goods export market in 2018.
U.S. goods exports to Papua New Guinea in 2018 were $87 million, down 17.8% ($19 million) from 2017 but up 24.2% from 2008.
The top export categories (2-digit HS) in 2018 were: machinery ($29 million), electrical machinery ($26 million), aircraft ($9 million), special other (low value estimates) ($5 million), and optical and medical instruments ($3 million).
- U.S. total exports of agricultural products to Papua New Guinea totaled $3 million in 2018.
- Papua New Guinea was the United States' 131st largest supplier of goods imports in 2018.
U.S. goods imports from Papua New Guinea totaled $90 million in 2018, down 25.5% ($31 million) from 2017, and down 14.6% from 2008.
- The top import categories (2-digit HS) in 2018 were: coffee, tea & spice (coffee) ($59 million), cocoa ($17 million), special other (returns) ($9 million), art and antiques ($2 million), and fish and seafood (crustaceans) ($922 thousand).
- U.S. total imports of agricultural products from Papua New Guinea totaled $76 million in 2018. Leading categories include: coffee, unroasted ($51 million), cocoa beans ($17 million), spices ($8 million), tea, including herbs ($81 thousand), and roasted & instant coffee ($21 thousand).
The U.S. goods trade deficit with Papua New Guinea was $3 million in 2018, a 79.2% decrease ($12 million) over 2017.
Data on U.S. FDI in Papua New Guinea are unavailable.
Papua New Guinea's FDI in the United States (stock) was $1 million in 2018, unchanged from 2017.
NOTE: No U.S. services trade data with Papua New Guinea is available.