2023
Exports
falseWorld Rnk 5 / 150
Flag Rnk 4 / 451
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
ECONOMIC COMPLEXITY of Papua New Guinea
-1.63Rnk 127 / 132

About

Exports In 2023, Papua New Guinea exported $843M in Palm Oil, making it the 5th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 4th most exported product in Papua New Guinea. The main destination of Palm Oil exports from Papua New Guinea are: Netherlands ($293M), India ($265M), United Kingdom ($200M), Germany ($42.6M), and Malaysia ($41.1M).

The fastest growing export markets for Palm Oil of Papua New Guinea between 2022 and 2023 were Germany ($5.41M), Czechia ($126k), and Turkey ($57.9k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$843M

In 2023, Papua New Guinea exported $843M in Palm Oil. The main destinations of Papua New Guinea exports on Palm Oil were Netherlands ($293M), India ($265M), United Kingdom ($200M), Germany ($42.6M), and Malaysia ($41.1M).

In N/A, Papua New Guinea imported N/A in Palm Oil, mainly from Malaysia ($9.15M) and Indonesia ($6.08M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Papua New Guinea WERE (2022 - 2023):
Germany$5.41M (14.5%)
Czechia$126k (123%)
Turkey$57.9k (1.04k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Papua New Guinea WERE (2022 - 2023):
India-$152M (-36.5%)
Netherlands-$94.8M (-24.5%)
Malaysia-$24.9M (-37.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Papua New Guinea's main exporting competitors in Palm Oil were:
In 2023, Papua New Guinea's main importing competitors in Palm Oil were:
India $8.7B
China $4.85B

Explore Visualizations

Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $36.5M
TOP IMPORT POTENTIALIndonesia+ $10.5M

Palm Oil’s highest export potential is India. With an export gap of $36.5M.   Palm Oil’s highest import potential is Indonesia with an import gap of $10.5M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with