Papua New Guinea - Trade Balance 1971
$-264.6M
−$35.7M from 1970
Papua New Guinea's trade balance was $-264.6M in 1971, decreased +$35.7M from $-228.9M in 1970. This was the 22nd highest globally.
Global Ranking - 1971▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Germany | $-4.3B | -37.1% |
| 2nd | Puerto Rico (US) | $-1.1B | - |
| 3rd | Korea | $-1.0B | -17.5% |
| 4th | Israel | $-1.0B | 22.1% |
| 5th | Greece | $-923.4M | -5.5% |
| 6th | Brazil | $-848.6M | -377.0% |
| 7th | South Africa | $-829.1M | -31.0% |
| 8th | Cuba | $-799.1M | -21.5% |
| 9th | Portugal | $-494.5M | -22.1% |
| 10th | Türkiye | $-473.3M | -37.0% |
| 11th | Algeria | $-468.2M | -36.0% |
| 12th | Singapore | $-461.1M | -26.3% |
| 13th | Mexico | $-422.9M | 37.4% |
| 14th | Egypt, Arab Republic of | $-391.0M | -37.9% |
| 15th | Bangladesh | $-388.2M | -2.9% |
| 16th | Denmark | $-386.5M | 20.1% |
| 17th | Ireland | $-385.2M | -6.3% |
| 18th | Norway | $-370.3M | -363.3% |
| 19th | Colombia | $-316.8M | -242.7% |
| 20th | Pakistan | $-294.2M | -7.4% |
| 21st | Finland | $-288.9M | -51.3% |
| 22nd | Papua New Guinea | $-264.6M | -15.6% |
| 23rd | India | $-225.8M | -276.3% |
| 24th | Thailand | $-208.3M | 32.6% |
| 25th | Indonesia | $-207.4M | 24.3% |
| 26th | Argentina | $-200.0M | -173.1% |
| 27th | Ecuador | $-168.3M | -64.7% |
| 28th | Dominican Republic | $-161.6M | -9.0% |
| 29th | Chile | $-131.0M | -470.7% |
| 30th | Syrian Arab Republic | $-129.3M | -69.7% |
| 31st | Australia | $-124.3M | -23.3% |
| 32nd | Senegal | $-120.9M | -30.2% |
| 33rd | Morocco | $-120.8M | 22.6% |
| 34th | Kenya | $-116.5M | -766.7% |
| 35th | Costa Rica | $-111.1M | -67.2% |
| 36th | Ghana | $-108.3M | -256.2% |
| 37th | Panama | $-97.5M | -24.5% |
| 38th | Afghanistan | $-95.6M | -152.9% |
| 39th | Madagascar | $-78.9M | -192.7% |
| 40th | Peru | $-77.5M | -156.6% |
| 41st | Burkina Faso | $-69.6M | -42.0% |
| 42nd | Congo, Republic of | $-64.6M | -2.1% |
| 43rd | Malta | $-62.0M | 9.0% |
| 44th | Guinea-Bissau | $-61.6M | -14.9% |
| 45th | Uganda | $-58.7M | -244.0% |
| 46th | Austria | $-55.3M | -368.1% |
| 47th | Cameroon | $-51.2M | -388.9% |
| 48th | Sri Lanka | $-47.4M | 34.4% |
| 49th | Switzerland | $-45.0M | 28.7% |
| 50th | Iceland | $-43.4M | -628.5% |
| 51st | Botswana | $-36.2M | -3.8% |
| 52nd | Sudan | $-35.3M | -2,360.0% |
| 53rd | Benin | $-33.7M | -8.7% |
| 54th | Bolivia, Plurinational State of | $-33.0M | -1,451.7% |
| 55th | Nepal | $-32.9M | -11.7% |
| 56th | Uruguay | $-32.3M | -14.3% |
| 57th | Lesotho | $-32.2M | -27.6% |
| 58th | Guatemala | $-28.0M | -285.4% |
| 59th | Mali | $-26.9M | -30.3% |
| 60th | Chad | $-25.8M | 5.0% |
| 61st | Togo | $-23.7M | -441.5% |
| 62nd | El Salvador | $-23.5M | -825.9% |
| 63rd | Niger | $-22.4M | 52.9% |
| 64th | Somalia, Fed. Rep. | $-22.0M | -30.7% |
| 65th | Nicaragua | $-18.6M | 3.1% |
| 66th | Paraguay | $-17.1M | -138.4% |
| 67th | Central African Republic | $-15.4M | 15.6% |
| 68th | Rwanda | $-14.8M | -81.0% |
| 69th | Tunisia | $-5.5M | 86.0% |
| 70th | Sierra Leone | $-4.7M | -162.1% |
| 71st | Faroe Islands | $-3.0M | -200.2% |
| 72nd | Gambia, The | $-2.7M | -64.6% |
| 73rd | Guyana | $10.5M | 824.1% |
| 74th | Honduras | $29.4M | 170.1% |
| 75th | Mauritania | $50.0M | 6.8% |
| 76th | Gabon | $53.4M | 40.5% |
| 77th | Côte d'Ivoire | $59.9M | -38.2% |
| 78th | Malaysia | $60.9M | -62.8% |
| 79th | New Zealand | $63.5M | 132.7% |
| 80th | Spain | $68.3M | 110.8% |
| 81st | Oman | $101.3M | -26.8% |
| 82nd | Luxembourg | $149.8M | -45.2% |
| 83rd | Hong Kong SAR, China | $188.1M | -35.8% |
| 84th | Iran, Islamic Republic of | $244.8M | 181.5% |
| 85th | China | $477.3M | 556.9% |
| 86th | Sweden | $572.5M | 955.0% |
| 87th | Belgium | $581.8M | -0.3% |
| 88th | United States | $621.0M | -84.3% |
| 89th | Iraq | $798.6M | 42.0% |
| 90th | Netherlands | $940.4M | 380.2% |
| 91st | Italy | $952.5M | 268.1% |
| 92nd | Canada | $1.3B | -32.9% |
| 93rd | Kuwait | $1.9B | 80.4% |
| 94th | France | $2.2B | 66.4% |
| 95th | United Kingdom | $2.4B | 68.7% |
| 96th | Saudi Arabia | $2.6B | 64.8% |
| 97th | Japan | $6.1B | 148.5% |
FAQ
What was Papua New Guinea's trade balance in 1971?▾
Papua New Guinea's trade balance in 1971 was $-264.6M. This ranked 22nd globally.
How did Papua New Guinea's trade balance change in 1971?▾
Papua New Guinea's trade balance decreased by 15.6% in 1971 compared to 1970.
Which country had the highest trade balance in 1971?▾
Japan had the highest trade balance in 1971 at $6.1B.
What is the trade balance of Papua New Guinea in 1971?▾
The trade balance of Papua New Guinea in 1971 was $-264.6M. This ranked 22nd globally.
How does 1971 compare to 1970 for Papua New Guinea's trade balance?▾
Papua New Guinea's trade balance went from $-228.9M in 1970 to $-264.6M in 1971, a 15.6% decrease.
Related
1970
1972
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Full ranking 1971
Exports
Imports
Current Account Balance
FDI Inflows
FDI Outflows
Peak: 1995
Lowest: 1982
Trade Balance 1990s
Trade Balance 2000s
Trade Balance 2010s
Trade Balance 2020s
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vs Kenya
vs Mauritania
vs West Bank and Gaza
vs Kiribati
Global Ranking