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Business |
PNG’s export to NZ totals K15.7million
By CLIFFORD FAIPARIK
PAPUA New Guinea’s exports to New
Zealand totalled K15.7 million (NZ$7.2 million) last year,
according to statistics from Pacific Islands Trade and Investment
Commission (PITIC).
PNG exports include coffee, tea, spice, wood charcoal, wood and
articles of wood.
PNG falls in second place after Fiji among the other 16-member
countries of the Pacific Island Forum (PIF) in its export figures
to New Zealand.
Fiji’s exports totalled K114.6 million (NZ$52.5 million). Over
all, the export figure for the 16 PIF member was K162.2million
(NZ$74.3million) in the same year.
PITIC has released this statistics to compare New Zealand’s trade
relations with PIF member countries.
The PITIC is an organisation that helps Pacific island nations’
trade with NZ and helps reduce the trade imbalance relationship
between NZ and Pacific island nations.
PITIC said an on-line database established last November to
promote small business houses from PNG and other small Pacific
nations had received a huge global attention.
It said the new website Pacificbizonline.com had received more
than 12,000 hits from users in countries including Hong Kong, USA,
Australia, the European Union including Germany and Belgium, the
Middle East, China and Sweden.
The site was jointly established by the Pacific Cooperation
Foundation and the PITIC.
 
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