Applied tariffs
Simple average MFN applied
2024
*
4.1 %
Trade-weighted MFN average
2023
*
2.7 %
Share of MFN duty-free
2024
76.5 %
Bound tariffs
Simple average bound
*
32.9 %
Binding coverage
100.0 %
Share of bound duty-free
0.0 %
Imports
Total imports: 6,174.0 million USD in 2023
Imports by partner
Australia
29.9 %
1,844.3
million USD
China
18.7 %
1,157.3
million USD
Singapore
16.1 %
992.9
million USD
Malaysia
7.1 %
439.5
million USD
Indonesia
4.0 %
248.6
million USD
Japan
3.6 %
224.6
million USD
Thailand
2.8 %
174.8
million USD
Other Countries, n.e.s.
2.5 %
153.1
million USD
Chinese Taipei
2.2 %
133.8
million USD
New Zealand
2.0 %
126.4
million USD
Rest of the World
11.0 %
678.6
million USD
Imports by products HS 2022
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
12.7 %
782.2
million USD
100630
Semi-milled or wholly milled rice, whether or not polished or glazed
3.6 %
224.0
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
3.1 %
193.4
million USD
890690
Vessels, incl. lifeboats (excl. warships, rowing boats and other vessels of heading 8901 to 8905 and vessels for breaking up)
2.0 %
125.5
million USD
843149
Parts of machinery of heading 8426, 8429 and 8430, n.e.s.
1.8 %
112.7
million USD
100199
Wheat and meslin (excl. seed for sowing, and durum wheat)
1.4 %
89.5
million USD
870899
Parts and accessories, for tractors, motor vehicles for the transport of ten or more persons, motor cars and other motor vehicles principally designed for the transport of persons, motor vehicles for the transport of goods and special purpose motor vehicles, n.e.s.
1.3 %
82.0
million USD
020442
Frozen cuts of sheep, with bone in (excl. carcases and half-carcases)
1.2 %
72.8
million USD
870421
Motor vehicles for the transport of goods, with only compression-ignition internal combustion piston engine "diesel or semi-diesel", of a gross vehicle weight <= 5 t (excl. dumpers for off-highway use of subheading 8704.10 and special purpose motor vehicles of heading 8705)
1.2 %
72.3
million USD
210690
Food preparations, n.e.s.
1.1 %
66.1
million USD
Rest of the products
70.5 %
4,353.5
million USD
Exports
Total exports: 9,934.0 million USD in 2023
Exports by destination
Australia
22.0 %
2,185.7
million USD
Japan
20.8 %
2,068.2
million USD
China
19.5 %
1,936.5
million USD
European Union
8.3 %
828.6
million USD
Chinese Taipei
7.4 %
730.8
million USD
Other Countries, n.e.s.
4.4 %
438.7
million USD
Singapore
3.4 %
337.5
million USD
United Kingdom
2.6 %
254.4
million USD
India
2.5 %
250.5
million USD
Malaysia
2.2 %
217.8
million USD
Rest of the World
6.9 %
685.2
million USD
Exports by products HS 2022
271111
Natural gas, liquefied
36.7 %
3,644.7
million USD
711100
Base metals, silver or gold, clad with platinum, not further worked than semi-manufactured
15.8 %
1,569.2
million USD
151110
Crude palm oil
7.6 %
753.8
million USD
270900
Petroleum oils and oils obtained from bituminous minerals, crude
5.0 %
493.8
million USD
261690
Precious-metal ores and concentrates (excl. silver ores and oncentrates)
4.9 %
487.0
million USD
260300
Copper ores and concentrates
4.6 %
458.2
million USD
710813
Gold, incl. gold plated with platinum, in semi-manufactured forms, for non-monetary purposes
3.3 %
325.2
million USD
750120
Nickel oxide sinters and other intermediate products of nickel metallurgy (excl. nickel mattes)
3.1 %
309.8
million USD
090111
Coffee (excl. roasted and decaffeinated)
2.3 %
227.3
million USD
160414
Prepared or preserved tunas, skipjack and Atlantic bonito, whole or in pieces (excl. minced)
1.8 %
182.7
million USD
Rest of the products
14.9 %
1,482.5
million USD
Preferential regimes provided by Papua New Guinea
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Papua New Guinea as a beneficiary based on other economies reported preferential regimes
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