United States / Papua New Guinea

Overview In February 2024, United States exported $2.92M and imported $12.5M from Papua New Guinea, resulting in a negative trade balance of $9.54M. Between February 2023 and February 2024 the exports of United States have decreased by $-15.9M (-84.5%) from $18.8M to $2.92M, while imports increased by $8.56M (220%) from $3.9M to $12.5M.

Trade In February 2024, the top exports of United States to Papua New Guinea were Water and Gas Generators ($780k), Excavation Machinery ($470k), Laboratory Reagents ($414k), Aircraft Parts ($330k), and Valves ($203k). In February 2024 the top imports of United States from Papua New Guinea were Coffee ($4.05M), Cocoa Beans ($2.47M), Vanilla ($392k), Commodities not elsewhere specified ($42.8k), and Integrated Circuits ($17.3k).

Origins In February 2024 the exports of United States were mainly from Georgia ($516k), California ($389k), Texas ($366k), Louisiana ($250k), and Mississippi ($188k), while imports destinations were mainly California ($5.64M), New Jersey ($4.43M), South Carolina ($813k), Washington ($591k), and Texas ($295k).

Growth In February 2024, the decrease in United States's year-by-year exports to Papua New Guinea was explained primarily by an decrease in product exports in Commodities not elsewhere specified ($-2.07M or -91.4%), Hair Products ($-235k or -95.1%), and Other Cloth Articles ($-234k or -98.5%). In February 2024, the increase in United States's year-by-year imports  from Papua New Guinea was explained primarily by an increase in product imports  in Cocoa Beans ($1.68M or 214%), Vanilla ($31.4k or 8.71%), and Commodities not elsewhere specified ($9.74k or 29.4%).