Trade monitoring
Economic research activities
In 2012, the Economic Research and Statistics Division (ERSD) organized 56 events, many in collaboration with other institutions. They included the launch of the World Trade Report 2012, a seminar on exchange rates and trade, the annual Global Trade Analysis Project (GTAP) conference, a co-publication with UNCTAD and a series of seminars in the Geneva Trade and Development Workshop programme.
Report by the WTO Secretariat
Papua New Guinea’s resource-rich economy remains heavily reliant on subsistence agriculture. Its average GDP per capita was just over US$1,000 in 2007. PNG is heavily trade dependent (both on primary exports and manufactured imports, including inputs), and vulnerable to world commodity price movements. Ranking 148th on the UNDP’s Human Development Index (a lowranked medium human development country), PNG has not met the Millennium Development Goals.
Historical trends
This chapter provides additional statistical information to support understanding of the trends in merchandise trade and trade in commercial services.