U.S. Imports of Goods by Customs Basis from Papua New Guinea
IMP6040 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.96
Year-over-Year Change
-43.91%
Date Range
1/1/1992 - 6/1/2025
Summary
The U.S. Imports of Goods by Customs Basis from Papua New Guinea metric tracks the monetary value of imported goods from Papua New Guinea. This provides insights into trade flows and economic relationships between the two countries.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator measures the dollar value of physical goods imported into the United States from Papua New Guinea. The data is published monthly by the U.S. Census Bureau and used by economists and policymakers to analyze trade patterns and international commercial activity.
Methodology
The data is collected through customs declarations and compiled by the U.S. Census Bureau.
Historical Context
This import data informs trade policy and commercial strategies for businesses and governments.
Key Facts
- Papua New Guinea is an island country in the southwestern Pacific Ocean.
- The United States is one of Papua New Guinea's major trading partners.
- Import data helps track changes in the bilateral trade relationship.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the dollar value of physical goods imported into the United States from Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: The data provides insights into trade flows and the economic relationship between the U.S. and Papua New Guinea, which is relevant for trade policy, business strategy, and economic analysis.
Q: How is this data collected or calculated?
A: The data is collected through customs declarations and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This import data informs trade policy and commercial strategies for businesses and governments.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Census Bureau, with a short lag period between the reference month and public release.
Related Trends
Number of Identified Exporters to Papua New Guinea from Montana
MTPNGA475SCEN
Value of Exports to Papua New Guinea from Georgia
GAPNGA052SCEN
External Trade: Volume of Imports of Goods and Services for Papua New Guinea
PNGTMRPCPPPT
Number of Identified Exporters to Papua New Guinea from Minnesota
MNPNGA475SCEN
Number of Identified Exporters to Papua New Guinea from Wisconsin
WIPNGA475SCEN
Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Papua New Guinea
PNGFCBODDNUM
Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Papua New Guinea (IMP6040), retrieved from FRED.