Products Imported from China to Papua New Guinea

In the calendar year of 2023, China exported goods worth US$1.43 billion to Papua New Guinea. Among the main exports from China to Papua New Guinea were Rice (US$73.5 million), Computers (US$62.1 million), Iron Structures (US$46.7 million), Broadcasting Equipment (US$43.11 million) and Sodium or Potassium Peroxides (US$38.82 million). Over the span of 28 years, China’s exports to Papua New Guinea have grown steadily at an annualized rate of 18.1%, rising from US$15.9 million in 1995 to US$1.43 billion in 2023.

List of All Products That Were Imported from China to Papua New Guinea

The table below presents a comprehensive list of all commodities that were exported from China to Papua New Guinea in 2023, categorized by product types, and ranked by their trade values in US dollars.

Tips to use this table

1. Identifying High-Demand Products: Analyze the top-ranked products to identify which items have the highest trade values. These products are likely to be in high demand in the Papua New Guinea market, presenting lucrative opportunities for importers and resellers.
2. Niche Market Exploration: Explore products with significant trade values that may not be commonly known. These niche products could represent untapped market segments with less competition, allowing resellers and importers to carve out a unique position in the market.

Last Updated: April, 2024

Note #1: The HS4 code, or Harmonized System 4-digit code, is part of the Harmonized Commodity Description and Coding System (HS). It’s an internationally standardized system for classifying goods in international trade.

Note #2: This table is regularly updated on an annual basis. Therefore, we encourage you to revisit frequently to access the latest information regarding trade between China and Papua New Guinea.

Trade Agreements between China and Papua New Guinea

China and Papua New Guinea (PNG) have fostered a growing relationship through various bilateral agreements aimed at enhancing trade, investment, and development cooperation. Here are some of the key agreements and cooperative frameworks between the two countries:

1. Economic and Technical Cooperation Agreement (2002): This agreement was aimed at enhancing PNG’s infrastructure with China’s assistance. It included projects such as the construction of roads, bridges, and public buildings. This agreement also set the foundation for future grants and concessional loans from China to PNG.
2. Bilateral Trade Agreement: While specific details are often not highly publicized, PNG and China have engaged in trade agreements that facilitate the export of PNG’s raw materials like timber, gold, and copper in exchange for Chinese goods and technology. This trade is a cornerstone of their economic relationship.
3. Memorandum of Understanding on the Belt and Road Initiative (BRI) (2018): PNG signed onto China’s Belt and Road Initiative, which aims to improve regional cooperation and development through infrastructure and investment projects. This agreement positions PNG to benefit from increased infrastructure investments and stronger economic ties with China.
4. Double Taxation Avoidance Agreement (2000): This agreement prevents double taxation of individuals and corporations operating in both countries, which enhances economic exchanges by reducing the tax burden on businesses and promoting cross-border investments.
5. Visa Exemption Agreement for Holders of Diplomatic and Service Passports (2014): This agreement facilitates easier travel between the two countries for diplomatic and official purposes, promoting closer governmental and business exchanges.
6. Agricultural Cooperation Agreement (2018): This agreement focuses on agricultural development in PNG with Chinese assistance, aiming to boost agricultural productivity and sustainability. It includes technology transfer, the development of agricultural research, and the provision of agricultural machinery and equipment.

These agreements collectively represent a commitment by both nations to deepen their bilateral relations. China’s involvement in PNG is particularly significant in terms of infrastructure development and direct investment, reflecting China’s strategic interest in the Pacific region and PNG’s rich natural resources.