Foreign trade as a share of GDP reached 131 % in 2004 in Papua New Guinea, according to the National Statistical Office. This is 6.18 % more than in the previous year.
Historically, foreign trade as a share of GDP in Papua New Guinea reached an all time high of 131 % in 2004 and an all time low of % in. When compared to Papua New Guinea's main peers, foreign trade as a share of GDP in Australia amounted to 37.1 %, 59.8 % in Indonesia, 58.8 % in New Zealand and 87.1 % in Philippines in 2004.
Papua New Guinea has been ranked 26th within the group of 174 countries we follow in terms of foreign trade as a share of GDP, 17 places above the position seen 10 years ago.
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.