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Trade Policy Review: Papua New Guinea 2010

image of Trade Policy Review: Papua New Guinea 2010

“Trade Policy Reviews” analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat, a report by the government, and the concluding remarks by the Chair of the WTO’s Trade Policy Review Body. The opening section - “key trade facts” - provides a visual overview of the WTO member’s major exports/imports, main export destinations, origins for its imports and other key data. This edition looks into the trade practices of Papua New Guinea.

English

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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.

English

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