2022
Exports
$16.5MWorld Rnk 109 / 195
Flag Rnk 13 / 89
2022
PRODUCT COMPLEXITY IN Food residues & wastes; animal fodder
-0.09Rnk 577 / 1025
2022
Imports
$24MWorld Rnk 137 / 225
Flag Rnk 39 / 96
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $16.5M in Food residues & wastes; animal fodder, making it the 109th largest exporter of Food residues & wastes; animal fodder in the world. At the same year, Food residues & wastes; animal fodder was the 13th most exported product in Papua New Guinea. The main destination of Food residues & wastes; animal fodder exports from Papua New Guinea are: Australia ($3.91M), India ($3.88M), South Korea ($3M), Japan ($2.21M), and Chinese Taipei ($1.45M).

The fastest growing export markets for Food residues & wastes; animal fodder of Papua New Guinea between 2021 and 2022 were South Korea ($2.15M), Japan ($805k), and Chinese Taipei ($506k).

Imports In 2022, Papua New Guinea imported $24M in Food residues & wastes; animal fodder, becoming the 137th largest importer of Food residues & wastes; animal fodder in the world. At the same year, Food residues & wastes; animal fodder was the 39th most imported product in Papua New Guinea. Papua New Guinea imports Food residues & wastes; animal fodder primarily from: Malaysia ($14.6M), Australia ($6.48M), New Zealand ($2.69M), United Kingdom ($235k), and Singapore ($13.4k).

The fastest growing import markets in Food residues & wastes; animal fodder for Papua New Guinea between 2021 and 2022 were Malaysia ($2.55M), New Zealand ($558k), and South Korea ($7).

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 Food residues & wastes; animal fodder. 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)$16.5M
IMPORTS (2022)$24M
NET TRADE (2022)-$7.45M

In 2022, Papua New Guinea exported $16.5M in Food residues & wastes; animal fodder. The main destinations of Papua New Guinea exports on Food residues & wastes; animal fodder were Australia ($3.91M), India ($3.88M), South Korea ($3M), Japan ($2.21M), and Chinese Taipei ($1.45M).

In 2022, Papua New Guinea imported $24M in Food residues & wastes; animal fodder, mainly from Malaysia ($14.6M), Australia ($6.48M), New Zealand ($2.69M), United Kingdom ($235k), and Singapore ($13.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Food residues & wastes; animal fodder EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):
South Korea$2.15M (253%)
Japan$805k (57.2%)
Chinese Taipei$506k (54%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Food residues & wastes; animal fodder BY Papua New Guinea WERE (2021 - 2022):
Philippines-$4.75M (-88.6%)
India-$2.12M (-35.3%)
Bangladesh-$1.26M (-100%)

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 Food residues & wastes; animal fodder were:
In 2022, Papua New Guinea's main importing competitors in Food residues & wastes; animal fodder were:

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Trade Value of Food residues & wastes; animal fodder by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALSouth Korea+ $1.16M
TOP IMPORT POTENTIALUnited Kingdom+ $214k

Food residues & wastes; animal fodder’s highest export potential is South Korea. With an export gap of $1.16M.   Food residues & wastes; animal fodder’s highest import potential is United Kingdom with an import gap of $214k.

See methodology.

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