2022
Exports
$10.5MWorld Rnk 77 / 169
Flag Rnk 22 / 473
2022
PRODUCT COMPLEXITY IN Crustaceans
-1.97Rnk 999 / 1025
2022
Imports
$232kWorld Rnk 152 / 217
Flag Rnk 591 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $10.5M in Crustaceans, making it the 77th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 22nd most exported product in Papua New Guinea. The main destination of Crustaceans exports from Papua New Guinea are: Japan ($3.31M), Thailand ($2.39M), Singapore ($1.49M), China ($1.11M), and Australia ($1.09M).

The fastest growing export markets for Crustaceans of Papua New Guinea between 2021 and 2022 were Thailand ($1.32M), United States ($685k), and Singapore ($470k).

Imports In 2022, Papua New Guinea imported $232k in Crustaceans, becoming the 152nd largest importer of Crustaceans in the world. At the same year, Crustaceans was the 591st most imported product in Papua New Guinea. Papua New Guinea imports Crustaceans primarily from: New Zealand ($222k) and Australia ($9.33k).

The fastest growing import markets in Crustaceans for Papua New Guinea between 2021 and 2022 were New Zealand ($111k).

Latest Trends

Sep 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 Crustaceans. 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)$10.5M
IMPORTS (2022)$232k
NET TRADE (2022)$10.2M

In 2022, Papua New Guinea exported $10.5M in Crustaceans. The main destinations of Papua New Guinea exports on Crustaceans were Japan ($3.31M), Thailand ($2.39M), Singapore ($1.49M), China ($1.11M), and Australia ($1.09M).

In 2022, Papua New Guinea imported $232k in Crustaceans, mainly from New Zealand ($222k) and Australia ($9.33k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):
Thailand$1.32M (124%)
United States$685k (236%)
Singapore$470k (46.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Papua New Guinea WERE (2021 - 2022):
Australia-$2.67M (-70.9%)
Hong Kong-$573k (-88.2%)
China-$355k (-24.2%)

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 Crustaceans were:
Ecuador $7.98B
India $5.12B
Canada $3.51B
In 2022, Papua New Guinea's main importing competitors in Crustaceans were:

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Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.45M
TOP IMPORT POTENTIALAustralia+ $12k

Crustaceans’s highest export potential is China. With an export gap of $2.45M.   Crustaceans’s highest import potential is Australia with an import gap of $12k.

See methodology.

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