An Oceanian country situated immediately north of Australia, the Independent State of Papua New Guinea shipped US$13.6 billion worth of exported products around the world in 2023. That calculated dollar amount results from a 33.1% increase from $10.2 billion five years earlier in 2019. Year over year, the overall value of Papua New Guinean exports shrank by -19.9% compared to … [Read more...] about Papua New Guinea’s Top 10 Exports
Oceania
Fiji’s Top 10 Exports
An island country in the South Pacific Ocean northeast of New Zealand, the Republic of Fiji shipped US$1.068 billion worth of exported products around the globe in 2023. That dollar metric results from a 3.8% upturn from $1.03 billion five years earlier in 2019. Year over year, Fijian exported products flatlined via a -0.3% downturn compared to $1.07 billion starting from … [Read more...] about Fiji’s Top 10 Exports
Top Continents for Exported Products
Asian exporters accounted for 41.5% of the world’s US$23.291 trillion worth of exported products shipped globally during 2023 down from 42.6% one year earlier. In second place were European countries (36.9%) trailed by suppliers in North America (13.7%), Latin America (3.5%) excluding Mexico but including the Caribbean, Africa (2.6%), then Oceania (1.8%) led by Australia and … [Read more...] about Top Continents for Exported Products
New Zealand’s Top 10 Imports
New Zealand’s imports totaled US$54.4 billion in 2023, up by 18% compared to $42.3 billion during 2019. Year over year, the overall cost for products imported into New Zealand fell -8.7% from $54.7 billion in 2022. Based on the average exchange rate for 2023, the New Zealand dollar depreciated by -7.3% against the US dollar since 2019 and fell by -3.2% from 2022 to 2023. New … [Read more...] about New Zealand’s Top 10 Imports
Australia’s Top 10 Imports
Australia imported US$275.7 billion worth of products from around the globe in 2023. That dollar amount reflects a 28.7% increase in spending 27.1% from $214.3 billion that Australia paid for imports during 2019. Year over year, the total cost of Australian imports fell by -5% compared to $290.1 billion in 2022. Based on the average exchange rate for 2023, the Australian … [Read more...] about Australia’s Top 10 Imports