Exports In 2022, Papua New Guinea exported $1.22B in Animal or vegetable fats, oils, & waxes, making it the 25th largest exporter of Animal or vegetable fats, oils, & waxes in the world. At the same year, Animal or vegetable fats, oils, & waxes was the 3rd most exported product in Papua New Guinea. The main destination of Animal or vegetable fats, oils, & waxes exports from Papua New Guinea are: India ($428M), Netherlands ($409M), United Kingdom ($191M), Malaysia ($125M), and Germany ($35.1M).
The fastest growing export markets for Animal or vegetable fats, oils, & waxes of Papua New Guinea between 2021 and 2022 were India ($223M), United Kingdom ($86.6M), and Malaysia ($33.8M).
Imports In 2022, Papua New Guinea imported $91.1M in Animal or vegetable fats, oils, & waxes, becoming the 128th largest importer of Animal or vegetable fats, oils, & waxes in the world. At the same year, Animal or vegetable fats, oils, & waxes was the 15th most imported product in Papua New Guinea. Papua New Guinea imports Animal or vegetable fats, oils, & waxes primarily from: Malaysia ($60.8M), Indonesia ($19.5M), Australia ($5.7M), Spain ($2.08M), and Italy ($1.18M).
The fastest growing import markets in Animal or vegetable fats, oils, & waxes for Papua New Guinea between 2021 and 2022 were Malaysia ($20.5M), Australia ($1.65M), and Italy ($710k).
COMPANIES In 2023, leading companies such as Rothfos (1) were at the forefront of shipping Animal or vegetable fats, oils, & waxes from Papua New Guinea to the United States.