Country Information Export Development Canada Asia and Pacific

Papua New Guinea

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Evaluating the market in Papua New Guinea

We can help you get a better understanding of market activity, relationships and support to grow your business.

EDC Position

EDC Country Position – Open on a restricted basis

Open on restricted basis

What this means:

  • Responsive approach to business
  • EDC solutions are available on a restricted basis
How does EDC determine the position?

Risk Rating

EDC Country Position – Medium to High Risk

Medium to High Risk

What this means:

The Commercial Country Ceiling (CCC) Risk Rating is measured from low to high, and is meant to represent the best possible rating that can be assigned to a commercial business (obligor) in a country.

How does EDC determine the risk rating?

Business environment in Papua New Guinea

While the mineral and petroleum sectors have brought in substantial revenues for Papua New Guinea, the country still lags at the bottom of key development indicators. Private sector growth is minimal due to structural constraints and the overall entrepreneurial environment has also suffered from macroeconomic instability and low investment. Canada has a steady trade and investment relationship with PNG with potential for further growth in the Oil & Gas and Mining sectors. For Canadian companies looking to invest in the market, identifying and working closely with the right partner is crucial to achieving success. Whether an agent, distributor, wholesaler or retailer, exporters should do extensive due diligence around potential options before entering the country.
  • Aerospace
  • Agriculture
  • Fisheries
  • Forestry (Lumber, Pulp & Paper)
  • Mining & Metals
  • Oil and Gas
International Trade Solutions

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Interested in growing your business in this market?

Speak to a Trade Advisor weekdays between 9 am to 5 pm EST.

1-888-220-0047

Or send us a question and we'll get back to you as soon as possible. Send a question

Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy  Senior Trade Advisor, EDC