Top Exports To Papua New GuineaTotal Exports To Papua New Guinea: $60,212,472
|Rank||Commodity||Total YTD Exports|
|2||Parts for heavy machinery||$5,059,183|
|3||Taps, cocks and valves for pipes, tanks||$3,219,143|
|4||Steam turbines, parts||$2,956,588|
|5||Low value shipments||$2,612,979|
|6||Cranes, derricks, industrial-use vehicles||$2,544,814|
|7||Flour, meal of oil seed, olea fruit||$2,238,164|
|9||Furnace burners; mechanical stokers, parts||$1,966,879|
Total Imports From Papua New GuineaTotal Imports From Papua New Guinea: $29,165,789
|3||Imports of returned exports||$4,568,426|
|5||Caviar, caviar substitutes, other prepared fish||$1,911,964|
|6||Motor vehicle parts||$437,806|
|9||Aircraft engines, parts||$150,000|
|10||Fish fillets, chilled or frozen||$140,956|
Top Papua New Guinea Trading PartnersTotal Papua New Guinea trade: $89,378,261
|3||New York City||$12,548,815|
|9||Low Value Shipments||$2,676,421|
Top US Trading PartnersTotal U.S. trade for all countries: $1,240,094,299,613
|Rank||Commodity||Total YTD Exports|
Papua New Guinea’s trade rose to $89,378,261 through April
Papua New Guinea’s trade with the United States rose to $89,378,261 through the first four months of 2013, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -68.31 percent below its total trade during the same time period last year. Papua New Guinea’s exports decreased -72.24 percent while imports dropped -55.23 percent. The U.S. surplus with Papua New Guinea was $31,046,683.Through April, Papua New Guinea’s top U.S. Customs districts for total imports and exports were No. 1 Los Angeles, No. 2 Houston, No. 3 New York City, No. 4 San Francisco and No. 5 Seattle compared to last year when the top spots were held by No. 1 Houston, No. 2 Los Angeles, No. 3 Philadelphia, No. 4 New York City and No. 5 San Francisco. In the current time period, the top five accounted for 39.08 percent of Papua New Guinea’s U.S. trade.. That compares to 338.85 percent for the nation’s top five Customs districts during the same time period.
Taking a closer look at the leading U.S. gateways for U.S. trade with Papua New Guinea,:
- Trade with No. 1 Los Angeles fell -27.84 percent to $25,205,567.
Exports fell -5.99 percent to $21,821,691. Imports fell -71.12 percent to $3,383,876.
- Trade with No. 2 Houston fell -88.93 percent to $13,812,467.
Exports fell -92.41 percent to $9,457,406. Imports rose 2,135.20 percent to $4,355,061.
- Trade with No. 3 New York City fell -52.84 percent to $12,548,815.
Exports rose 232.85 percent to $4,368,216. Imports fell -67.66 percent to $8,180,599.
- Trade with No. 4 San Francisco fell -56.85 percent to $8,710,576.
Exports fell -57.66 percent to $3,410,812. Imports fell -56.31 percent to $5,299,764.
- Trade with No. 5 Seattle fell -25.48 percent to $3,985,784.
Exports fell -12.65 percent to $2,748,844. Imports fell -43.81 percent to $1,236,940.
Through April, 20 Customs districts posted trade surpluses with Papua New Guinea while 7 had deficits. That compares with 19 surpluses and 9 deficits for the same period one year ago. The top surplus was with Los Angeles at $18,437,815, the largest deficit was with New York City at $-3,812,383.
Meanwhile, total U.S. trade with the world decreased to $1,240,094,299,613, down -0.88 percent compared to the same period last year. The nation’s exports climbed 0.32 percent to $4,038,186,093; imports dropped -1.20 percent to $-15,017,653,007. The nation’s top five countries so far this year, by value, are Canada, China, Mexico, Japan and Germany. The overall trade deficit climbed $-214,073,880,779, down compared to the same period of last year when the deficit was $-233,129,719,879.
The top five U.S. exports to Papua New Guinea by value through April were aircraft; parts for heavy machinery; taps, cocks and valves for pipes, tanks; steam turbines, parts; and low value shipments, respectively. They accounted for 32.52 percent of total exports to Papua New Guinea.
The value of the top five U.S. imports from Papua New Guinea -- coffee; cocoa beans; imports of returned exports; antiques; and caviar, caviar substitutes, other prepared fish -- accounted for 94.58 percent of all inbound shipments.
Looking more closely at U.S. exports to Papua New Guinea:
- Aircraft fell -23.70 percent compared to last year to $5,734,933.
- Parts for heavy machinery fell -92.18 percent compared to last year to $5,059,183.
- Taps, cocks and valves for pipes, tanks fell -77.57 percent compared to last year to $3,219,143.
- Steam turbines, parts fell -15.94 percent compared to last year to $2,956,588.
- Low value shipments fell -73.03 percent compared to last year to $2,612,979.
Looking more closely at U.S. imports from Papua New Guinea
- Coffee fell -70.69 percent compared to last year to $13,222,273.
- Cocoa Beans fell -37.99 percent compared to last year to $5,622,244.
- Imports of returned exports rose 556.05 percent compared to last year to $4,568,426.
- Antiques rose 1,456.15 percent compared to last year to $2,260,297.
- Caviar, caviar substitutes, other prepared fish fell -65.04 percent compared to last year to $1,911,964.
In the latest annual figures available, Papua New Guinea recorded $282,016,861 in trade with the United States. At year’s end, its top five Customs districts were Houston, Los Angeles, Philadelphia, New York City and San Francisco. Total U.S. exports to Papua New Guinea were $389,469,100 and imports from Papua New Guinea were $118,008,125. The U.S. surplus with Papua New Guinea was $271,460,975.