2021
Exports
$5World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.99Rnk 836 / 1025
2021
Imports
$2.99MWorld Rnk 136 / 211
Flag Rnk 253 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Imports In 2022, Papua New Guinea imported $2.99M in Seed Oils, becoming the 136th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 253rd most imported product in Papua New Guinea. Papua New Guinea imports Seed Oils primarily from: Malaysia ($2.66M), Singapore ($201k), Italy ($96.1k), Turkey ($21.8k), and Australia ($4.36k).

The fastest growing import markets in Seed Oils for Papua New Guinea between 2021 and 2022 were Italy ($27.2k), India ($697), and South Africa ($330).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
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 Seed Oils. 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 (2021)$5
IMPORTS (2022)$2.99M
NET TRADE (2022)-$2.99M

In 2022, Papua New Guinea imported $2.99M in Seed Oils, mainly from Malaysia ($2.66M), Singapore ($201k), Italy ($96.1k), Turkey ($21.8k), and Australia ($4.36k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Papua New Guinea WERE (N/A - 2021):South Korea-$5 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Papua New Guinea's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Papua New Guinea's main importing competitors in Seed Oils were:

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $652
TOP IMPORT POTENTIALTurkey+ $56.1k

Seed Oils’s highest export potential is India. With an export gap of $652.   Seed Oils’s highest import potential is Turkey with an import gap of $56.1k.

See methodology.

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