2022
Exports
$185MWorld Rnk 6 / 154
Flag Rnk 12 / 473
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.71Rnk 972 / 1025
2022
Imports
$7.57kWorld Rnk 183 / 212
Flag Rnk 900 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $185M in Coconut Oil, making it the 6th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 12th most exported product in Papua New Guinea. The main destination of Coconut Oil exports from Papua New Guinea are: Netherlands ($67.7M), Malaysia ($65.3M), Belgium ($25.3M), United Kingdom ($11.8M), and India ($7.12M).

The fastest growing export markets for Coconut Oil of Papua New Guinea between 2021 and 2022 were Malaysia ($11.2M), Belgium ($9M), and United Kingdom ($4M).

Imports In 2022, Papua New Guinea imported $7.57k in Coconut Oil, becoming the 183rd largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 900th most imported product in Papua New Guinea. Papua New Guinea imports Coconut Oil primarily from: Fiji ($5.54k), India ($1.19k), Australia ($757), and Indonesia ($83).

The fastest growing import markets in Coconut Oil for Papua New Guinea between 2021 and 2022 were Indonesia ($83).

Latest Trends

Aug 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 (2022)$185M
IMPORTS (2022)$7.57k
NET TRADE (2022)$185M

In 2022, Papua New Guinea exported $185M in Coconut Oil. The main destinations of Papua New Guinea exports on Coconut Oil were Netherlands ($67.7M), Malaysia ($65.3M), Belgium ($25.3M), United Kingdom ($11.8M), and India ($7.12M).

In 2022, Papua New Guinea imported $7.57k in Coconut Oil, mainly from Fiji ($5.54k), India ($1.19k), Australia ($757), and Indonesia ($83).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):
Malaysia$11.2M (20.8%)
Belgium$9M (55.3%)
United Kingdom$4M (51.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Papua New Guinea WERE (2021 - 2022):
Netherlands-$19M (-22%)
Sri Lanka-$4.81M (-68.6%)
Switzerland-$3.5M (-88.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Papua New Guinea's main exporting competitors in Coconut Oil were:
In 2022, 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
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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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