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PAPUA NEW GUINEA EXPORTS

Papua New Guinea is a diverse and resource-rich country that exports a wide range of goods to international markets. According to data from the World Bank, the top exports from Papua New Guinea in recent years have included oil, gold, copper, crude petroleum, and coffee.

Oil is one of the largest exports from Papua New Guinea, accounting for a significant share of the country’s total export revenue. In 2019, Papua New Guinea exported $3.5 billion worth of oil, making it the country’s top export by value. The majority of Papua New Guinea’s oil exports go to Asian countries, including Japan, China, and South Korea.

Gold is another major export from Papua New Guinea, with the country exporting $1.6 billion worth of gold in 2019. Papua New Guinea is home to a number of gold mines, and gold exports contribute significantly to the country’s economy. The majority of Papua New Guinea’s gold exports go to Asian countries, including China, India, and Thailand.

Copper is another key export from Papua New Guinea, with the country exporting $1.5 billion worth of copper in 2019. Papua New Guinea is home to a number of copper mines, and copper exports contribute significantly to the country’s economy. The majority of Papua New Guinea’s copper exports go to Asian countries, including China, Japan, and South Korea.

Crude petroleum is another important export from Papua New Guinea, with the country exporting $1.1 billion worth of crude petroleum in 2019. Papua New Guinea is home to a number of oil and gas fields, and crude petroleum exports contribute significantly to the country’s economy. The majority of Papua New Guinea’s crude petroleum exports go to Asian countries, including Japan, South Korea, and Thailand.

Coffee is also an important export from Papua New Guinea, with the country exporting $118 million worth of coffee in 2019. Papua New Guinea is a major producer of coffee, and coffee exports contribute significantly to the country’s economy. The majority of Papua New Guinea’s coffee exports go to Asian countries, including Japan, South Korea, and Taiwan.

In addition to these major exports, Papua New Guinea also exports a range of other goods, including timber, cocoa, rubber, and seafood. These exports contribute significantly to the country’s economy and help to diversify its export base.

Overall, Papua New Guinea is a major exporter of oil, gold, copper, crude petroleum, and coffee, with these exports accounting for a significant share of the country’s total export revenue. Papua New Guinea’s exports are primarily destined for Asian markets, and the country’s diverse resource base and strong export sector contribute significantly to its economic development.

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