Oceania ยท Country profile
Papua New Guinea
India-Papua New Guinea trade corridor: $9.6B bilateral trade, $8.2B FDI into India.
$9.6B
Trade with India
+6.1% YoY
$821.0B
GDP
Nominal
$8.2B
FDI into India
Cumulative
+$0.4B
Trade balance
India surplus
Top exports to Papua New Guinea
- Marine products
- Engineering goods
- Electronics
Top imports from Papua New Guinea
- Machinery
- Aircraft parts
- Crude oil and LNG
Trade corridor with India
2025: $9.6B ยท 5-yr CAGR 11.9%
Goods trade in USD billion, illustrative demo figures.
Latest Papua New Guinea stories
Trade4h ago4 min read
India-Papua New Guinea bilateral trade hits a new quarterly high
FDI7h ago5 min read
Papua New Guinea investors commit fresh capital to Indian manufacturing
Policy10h ago6 min read
Revised tariff schedule for India-Papua New Guinea goods notified
Technology13h ago7 min read
India and Papua New Guinea deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 3% to 1% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 2 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Papua New Guinea Business Forum
Feb 2027 ยท New Delhi
Delegation
Trade delegation to Papua New Guinea
Apr 2027 ยท Papua New Guinea
Buyer meet
Papua New Guinea buyers-sellers meet
Nov 2026 ยท Mumbai
Policy
Joint working group on market access
Jan 2027 ยท Virtual
Opportunity sectors
๐ณS27FinTech & Digital Payments21% projected demand growth๐S32Global Trade14% projected demand growth๐S37Logistics & Supply Chain22% projected demand growthโ๏ธS42New and Renewable Energy15% projected demand growth๐S47Power11% projected demand growthโS52Shipbuilding20% projected demand growth