falsefalseN/A
2022
PRODUCT COMPLEXITY IN Rapeseed Oil
0.26Rnk 466 / 1025
2017
Imports
falseWorld Rnk 119 / 208
Flag Rnk 576 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Imports In 2022, Papua New Guinea imported $257k in Rapeseed Oil, becoming the 119th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 576th most imported product in Papua New Guinea. Papua New Guinea imports Rapeseed Oil primarily from: Singapore ($85.8k), Australia ($85.4k), Malaysia ($50.6k), Fiji ($30k), and Spain ($3.76k).

The fastest growing import markets in Rapeseed Oil for Papua New Guinea between 2021 and 2022 were Australia ($40.6k), Fiji ($27.4k), and Singapore ($9.54k).

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 Rapeseed 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
IMPORTS (2022)$257k

In 2022, Papua New Guinea imported $257k in Rapeseed Oil, mainly from Singapore ($85.8k), Australia ($85.4k), Malaysia ($50.6k), Fiji ($30k), and Spain ($3.76k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Papua New Guinea's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, Papua New Guinea's main importing competitors in Rapeseed Oil were:

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Trade Value of Rapeseed Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $670
TOP IMPORT POTENTIALAustralia+ $20k

Rapeseed Oil’s highest export potential is China. With an export gap of $670.   Rapeseed Oil’s highest import potential is Australia with an import gap of $20k.

See methodology.

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