2022
Exports
$260MWorld Rnk 41 / 206
Flag Rnk 7 / 89
2022
PRODUCT COMPLEXITY IN Preparations of fish, crustacenas, & molluscs
0.15Rnk 503 / 1025
2022
Imports
$51.9MWorld Rnk 92 / 226
Flag Rnk 23 / 96
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $260M in Preparations of fish, crustacenas, & molluscs, making it the 41st largest exporter of Preparations of fish, crustacenas, & molluscs in the world. At the same year, Preparations of fish, crustacenas, & molluscs was the 7th most exported product in Papua New Guinea. The main destination of Preparations of fish, crustacenas, & molluscs exports from Papua New Guinea are: Germany ($102M), Spain ($77.1M), Italy ($33M), France ($13.9M), and Netherlands ($10.9M).

The fastest growing export markets for Preparations of fish, crustacenas, & molluscs of Papua New Guinea between 2021 and 2022 were Germany ($39.9M), Italy ($10.6M), and Greece ($1.46M).

Imports In 2022, Papua New Guinea imported $51.9M in Preparations of fish, crustacenas, & molluscs, becoming the 92nd largest importer of Preparations of fish, crustacenas, & molluscs in the world. At the same year, Preparations of fish, crustacenas, & molluscs was the 23rd most imported product in Papua New Guinea. Papua New Guinea imports Preparations of fish, crustacenas, & molluscs primarily from: Thailand ($14.8M), Australia ($13.7M), China ($8.94M), Denmark ($6.57M), and Philippines ($4.81M).

The fastest growing import markets in Preparations of fish, crustacenas, & molluscs for Papua New Guinea between 2021 and 2022 were Australia ($8.85M), Thailand ($2.49M), and Philippines ($2.11M).

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 Preparations of fish, crustacenas, & 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)$260M
IMPORTS (2022)$51.9M
NET TRADE (2022)$208M

In 2022, Papua New Guinea exported $260M in Preparations of fish, crustacenas, & molluscs. The main destinations of Papua New Guinea exports on Preparations of fish, crustacenas, & molluscs were Germany ($102M), Spain ($77.1M), Italy ($33M), France ($13.9M), and Netherlands ($10.9M).

In 2022, Papua New Guinea imported $51.9M in Preparations of fish, crustacenas, & molluscs, mainly from Thailand ($14.8M), Australia ($13.7M), China ($8.94M), Denmark ($6.57M), and Philippines ($4.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preparations of fish, crustacenas, & molluscs EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):
Germany$39.9M (64.1%)
Italy$10.6M (47.3%)
Greece$1.46M (79.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preparations of fish, crustacenas, & molluscs BY Papua New Guinea WERE (2021 - 2022):
Netherlands-$26.6M (-70.9%)
Portugal-$4.83M (-65.3%)
France-$3.63M (-20.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type

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Trade Value of Preparations of fish, crustacenas, & molluscs by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited Kingdom+ $6.19M
TOP IMPORT POTENTIALChina+ $2.48M

Preparations of fish, crustacenas, & molluscs’s highest export potential is United Kingdom. With an export gap of $6.19M.   Preparations of fish, crustacenas, & molluscs’s highest import potential is China with an import gap of $2.48M.

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