2022
Exports
$152MWorld Rnk 73 / 221
Flag Rnk 9 / 89
2022
PRODUCT COMPLEXITY IN Fish, crustaceans, & molluscs
-0.55Rnk 711 / 1025
2022
Imports
$24.1MWorld Rnk 123 / 225
Flag Rnk 38 / 96
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $152M in Fish, crustaceans, & molluscs, making it the 73rd largest exporter of Fish, crustaceans, & molluscs in the world. At the same year, Fish, crustaceans, & molluscs was the 9th most exported product in Papua New Guinea. The main destination of Fish, crustaceans, & molluscs exports from Papua New Guinea are: Philippines ($107M), Thailand ($20.4M), Italy ($8.99M), Japan ($4.44M), and Spain ($2.51M).

The fastest growing export markets for Fish, crustaceans, & molluscs of Papua New Guinea between 2021 and 2022 were Italy ($6.64M), Spain ($1.85M), and Seychelles ($988k).

Imports In 2022, Papua New Guinea imported $24.1M in Fish, crustaceans, & molluscs, becoming the 123rd largest importer of Fish, crustaceans, & molluscs in the world. At the same year, Fish, crustaceans, & molluscs was the 38th most imported product in Papua New Guinea. Papua New Guinea imports Fish, crustaceans, & molluscs primarily from: Chinese Taipei ($15.4M), China ($5.1M), New Zealand ($2.46M), Australia ($552k), and South Korea ($453k).

The fastest growing import markets in Fish, crustaceans, & molluscs for Papua New Guinea between 2021 and 2022 were China ($555k), South Korea ($453k), and New Zealand ($330k).

Latest Trends

Jul 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 Fish, crustaceans, & molluscs. 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)$152M
IMPORTS (2022)$24.1M
NET TRADE (2022)$128M

In 2022, Papua New Guinea exported $152M in Fish, crustaceans, & molluscs. The main destinations of Papua New Guinea exports on Fish, crustaceans, & molluscs were Philippines ($107M), Thailand ($20.4M), Italy ($8.99M), Japan ($4.44M), and Spain ($2.51M).

In 2022, Papua New Guinea imported $24.1M in Fish, crustaceans, & molluscs, mainly from Chinese Taipei ($15.4M), China ($5.1M), New Zealand ($2.46M), Australia ($552k), and South Korea ($453k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fish, crustaceans, & molluscs EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):
Italy$6.64M (283%)
Spain$1.85M (280%)
Seychelles$988k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fish, crustaceans, & molluscs BY Papua New Guinea WERE (2021 - 2022):
North Korea-$96M (-100%)
Philippines-$56.1M (-34.3%)
Chinese Taipei-$49.5M (-99.3%)

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 Fish, crustaceans, & molluscs were:
Norway $15.6B
China $10.9B
Ecuador $8.43B
In 2022, Papua New Guinea's main importing competitors in Fish, crustaceans, & molluscs were:

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Trade Value of Fish, crustaceans, & molluscs by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALJapan+ $4.11M
TOP IMPORT POTENTIALSouth Korea+ $243k

Fish, crustaceans, & molluscs’s highest export potential is Japan. With an export gap of $4.11M.   Fish, crustaceans, & molluscs’s highest import potential is South Korea with an import gap of $243k.

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