2023
Exports
$124MWorld Rnk 5 / 151
Flag Rnk 13 / 451
2023
PRODUCT COMPLEXITY IN Coconut Oil
-1.7Rnk 972 / 1025
2023
Imports
$78.4kWorld Rnk 158 / 210
Flag Rnk 714 / 1030
2023
ECONOMIC COMPLEXITY of Papua New Guinea
-1.63Rnk 127 / 132

About

Exports In 2023, Papua New Guinea exported $124M in Coconut Oil, making it the 5th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 13th most exported product in Papua New Guinea. The main destination of Coconut Oil exports from Papua New Guinea are: Netherlands ($59M), Malaysia ($31.6M), Belgium ($20.1M), United Kingdom ($5.21M), and Sri Lanka ($3.7M).

The fastest growing export markets for Coconut Oil of Papua New Guinea between 2022 and 2023 were Spain ($1.32M), Sri Lanka ($1.28M), and Indonesia ($930k).

Imports In 2023, Papua New Guinea imported $78.4k in Coconut Oil, becoming the 158th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 714th most imported product in Papua New Guinea. Papua New Guinea imports Coconut Oil primarily from: Brazil ($45.3k), Australia ($29.6k), India ($1.9k), and Fiji ($1.63k).

The fastest growing import markets in Coconut Oil for Papua New Guinea between 2022 and 2023 were Brazil ($45.3k), Australia ($28.8k), and India ($708).

Latest Trends

Dec 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 Coconut 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 (2023)$124M
IMPORTS (2023)$78.4k
NET TRADE (2023)$124M

In 2023, Papua New Guinea exported $124M in Coconut Oil. The main destinations of Papua New Guinea exports on Coconut Oil were Netherlands ($59M), Malaysia ($31.6M), Belgium ($20.1M), United Kingdom ($5.21M), and Sri Lanka ($3.7M).

In 2023, Papua New Guinea imported $78.4k in Coconut Oil, mainly from Brazil ($45.3k), Australia ($29.6k), India ($1.9k), and Fiji ($1.63k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Papua New Guinea WERE (2022 - 2023):
Spain$1.32M (405%)
Sri Lanka$1.28M (52.9%)
Indonesia$930k (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Papua New Guinea WERE (2022 - 2023):
Malaysia-$40M (-55.8%)
Netherlands-$17.6M (-23%)
Belgium-$8.55M (-29.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Papua New Guinea's main exporting competitors in Coconut Oil were:
In 2023, Papua New Guinea's main importing competitors in Coconut Oil were:

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $7.72M
TOP IMPORT POTENTIALIndia+ $1.55k

Coconut Oil’s highest export potential is India. With an export gap of $7.72M.   Coconut Oil’s highest import potential is India with an import gap of $1.55k.

See methodology.

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