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Exports In 2022, Papua New Guinea exported $139 in Olive Oil, making it the 98th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 420th most exported product in Papua New Guinea. The main destination of Olive Oil exports from Papua New Guinea are: Netherlands ($139).

The fastest growing export markets for Olive Oil of Papua New Guinea between 2021 and 2022 were Netherlands ($139).

Imports In 2022, Papua New Guinea imported $66.5k in Olive Oil, becoming the 129th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 734th most imported product in Papua New Guinea. Papua New Guinea imports Olive Oil primarily from: Indonesia ($48.8k), Italy ($7.62k), Australia ($3.88k), Turkey ($3.78k), and United Arab Emirates ($2.4k).

The fastest growing import markets in Olive Oil for Papua New Guinea between 2021 and 2022 were Indonesia ($24.1k) and United Arab Emirates ($1.74k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Olive Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$139
IMPORTS (2022)$66.5k
NET TRADE (2022)-$66.3k

In 2022, Papua New Guinea exported $139 in Olive Oil. The main destinations of Papua New Guinea exports on Olive Oil were Netherlands ($139).

In 2022, Papua New Guinea imported $66.5k in Olive Oil, mainly from Indonesia ($48.8k), Italy ($7.62k), Australia ($3.88k), Turkey ($3.78k), and United Arab Emirates ($2.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):Netherlands$139 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Papua New Guinea WERE (2021 - 2022):South Korea-$3 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Papua New Guinea's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, Papua New Guinea's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $381
TOP IMPORT POTENTIALItaly+ $4.85k

Olive Oil’s highest export potential is United States. With an export gap of $381.   Olive Oil’s highest import potential is Italy with an import gap of $4.85k.

See methodology.

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