Exports In 2023, Papua New Guinea exported $532M in Crude Petroleum, making it the 48th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 6th most exported product in Papua New Guinea. The main destination of Crude Petroleum exports from Papua New Guinea are: China ($281M), Thailand ($119M), Singapore ($109M), Brunei ($23.1M), and Belgium ($26).
The fastest growing export markets for Crude Petroleum of Papua New Guinea between 2022 and 2023 were Singapore ($42M) and Thailand ($22.9M).
Imports In 2023, Papua New Guinea imported $55.5M in Crude Petroleum, becoming the 77th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 17th most imported product in Papua New Guinea. Papua New Guinea imports Crude Petroleum primarily from: Malaysia ($55.5M), Australia ($4.8k), United Arab Emirates ($203), and Singapore ($40).
The fastest growing import markets in Crude Petroleum for Papua New Guinea between 2022 and 2023 were Malaysia ($55.5M), Australia ($4.8k), and United Arab Emirates ($203).