|1||Civilian aircraft, parts||$2.21 M|
|2||Parts for heavy machinery||$1.51 M|
|3||Misc. aluminum non-prefab structures||$1.29 M|
|4||Miscellaneous machines, parts||$822,815|
|5||Misc. machinery for food and drink, parts||$802,796|
|6||Value added to a returned import||$718,444|
|8||Low value shipments||$440,170|
|9||Taps, cocks and valves for pipes, tanks||$241,989|
|10||Insulated wire, cable||$197,212|
Top Trading Ports
Total Trade: $26.38 million
|1||Port of Oakland, Calif.||$4,075,730|
|2||Port of Newark||$3,024,105|
|3||Port of Los Angeles||$2,806,136|
|4||Port of Philadelphia||$2,096,692|
|5||Port of Hilo, Hawaii||$1,820,000|
|6||Port of Savannah, Ga.||$1,769,555|
|7||Port of Long Beach||$1,503,591|
|8||Dallas-Fort Worth International Airport, Texas||$989,468|
|9||Port of Virginia||$987,559|
|10||Port of Charleston||$932,954|
U.S. trade with Papua New Guinea rose to $26.38 million through February
Papua New Guinea’s trade with the United States rose to $26.38 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 19.41 percent above its total trade during the same time period last year. Papua New Guinea’s exports increased 1.19 percent while imports rose 39.76 percent. The U.S. deficit with Papua New Guinea was $2.8 million.
Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Oakland, Calif.; No. 2 Port of Newark; No. 3 Port of Los Angeles; No. 4 Port of Philadelphia; and No. 5 Port of Hilo, Hawaii. During the same period the previous year, the top five were No. 1 Port of Oakland, Calif. No. 2 Port of Newark No. 3 Los Angeles International Airport No. 4 Port of Houston and No. 5 Dallas-Fort Worth International Airport, Texas. In the current time period, the top five accounted for 52.4 percent of Papua New Guinea’s U.S. trade.
Among those top five:
- Trade with No. 1 Port of Oakland, Calif. rose 53.68 percent to $4.08 million.
Exports rose 99.4 percent to $50,262. Imports rose 53.24 percent to $4.03 million.
- Trade with No. 2 Port of Newark rose 56.33 percent to $3.02 million.
There were no exports. Imports rose 56.33 percent to $3.02 million.
- Trade with No. 3 Port of Los Angeles rose 143.36 percent to $2.81 million.
Exports rose 129.69 percent to $2.65 million. Imports totaled $157,594.
- Trade with No. 4 Port of Philadelphia rose 3095.01 percent to $2.1 million.
There were no exports. Imports rose 5581.48 percent to $2.1 million.
- Trade with No. 5 Port of Hilo, Hawaii totaled $1.82 million.
Exports totaled $1.82 million. There were no imports.
Papua New Guinea ranked No. 151 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 159.
Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.
The top five U.S. exports to Papua New Guinea by value through February were the categories of Civilian aircraft, parts; Parts for heavy machinery; Misc. aluminum non-prefab structures; Miscellaneous machines, parts; and Misc. machinery for food and drink, parts, respectively. They accounted for 56.33 percent of total exports to Papua New Guinea.
The value of the top five categories of U.S. imports from Papua New Guinea –– Coffee; Cocoa Beans; Vanilla Beans; Motor vehicle parts; and Antiques –– accounted for 95.29 percent of all inbound shipments.
Looking more closely at U.S. exports to Papua New Guinea:
- Civilian aircraft, parts rose 15.59 percent compared to last year to $2.21 million.
- Parts for heavy machinery rose 123.5 percent compared to last year to $1.51 million.
- Misc. aluminum non-prefab structures totaled $1.29 million. The previous year, there were no exports in this category.
- Miscellaneous machines, parts rose 1928.19 percent compared to last year to $822,815.
- Misc. machinery for food and drink, parts totaled $802,796. The previous year, there were no exports in this category.
Looking more closely at U.S. imports from Papua New Guinea:
- Coffee rose 50.08 percent compared to last year to $11.02 million.
- Cocoa Beans rose 50.17 percent compared to last year to $1.31 million.
- Vanilla Beans fell 31.34 percent compared to last year to $769,563.
- Motor vehicle parts rose 14227 percent compared to last year to $599,584.
- Antiques rose 4184.81 percent compared to last year to $201,129.
In the latest annual figures available, Papua New Guinea recorded $226.59 million in trade with the United States. At year’s end, its were Seattle; Dallas; New York City; Los Angeles; and San Francisco. Total U.S. exports to Papua New Guinea were $ 105.82 million and imports from Papua New Guinea were $120.77 million. The U.S. deficit with Papua New Guinea was $14.94 million.