Papua New Guinea: Lae Port Development Project

The economy of Papua New Guinea (PNG) is dependent on trade, exports in particular, which rose from $985 million to $2.5 trillion during 1980–2004. Exports increased from 35% of gross domestic product (GDP) in 1986 to 48% in 2002, even increasing by more than 50% for some years. Imports exhibited moderate growth at about 30% of GDP. Coastal trade, particularly outbound container cargo from Lae Port to other PNG ports, had been growing since 2001, with full outbound container volume of 13,395 twenty-foot equivalent units (TEU) in 2001, increasing to 23,811 TEU by 2005 or an increase of 78%.

Additonal Information

Field Value
mimetype application/pdf
filesize 452.89 KB
timestamp Mon, 05/13/2024 - 13:00
Source URL https://png-data.sprep.org/dataset/adp-port