Top Oceanian Export Countries

Sydney, Australia waterfront

Sydney, Australia waterfront

You’re forgiven if you know little about Oceania, a geographic region comprised of many islands sprinkled on the Pacific Ocean. Some people assume that Oceania is limited to Australia and New Zealand, two nations that are top of mind when they search for product suppliers globally.

Exports from Oceania were worth about US$235.5 billion in 2015, down -25.7% since 2011 when exports were valued at $236.3 billion. Year over year, Oceanian exports depreciated -20.8% from 2014 to 2015.

Putting that latest metrics into perspective, Oceanian exports represent an estimated 1.4% of global shipments.

Based on statistics from the International Monetary Fund’s World Economic Outlook Database, the total Gross Domestic Product for all Oceanian countries equals roughly $1.339 trillion for 2015.

Therefore, exports accounted for about 17.6% of Oceania’s total economic output.

Given Oceania’s population of about 40.9 million people in October 2017, the $236.3 billion in 2016 exports translates to an estimated $5,780 for every person for this South Pacific collection of islands.

Top Oceanian Export Countries

Below are the top Oceanian export countries that attained the highest dollar value in global shipments during 2016. Also shown is each country’s overall share of Oceanian exports.

RankExport Country2016 Exports% Oceania TotalSince 2012
1.Australia$189.6 billion80.2%-27.8%
2.New Zealand$33.9 billion14.3%-9.2%
3.Papua New Guinea$8.7 billion3.7%92.9%
4.New Caledonia$1.4 billion0.6%4.8%
5.Fiji$926.1 million0.4%-24.1%
6.Marshall Islands$565.7 million0.24%-45.8%
7.Solomon Islands$437.3 million0.19%-2.7%
8.Vanuatu$290 million0.12%-36.4%
9.French Polynesia$181.6 million0.08%30.6%
10.Kiribati$125.6 million0.05%2,059%
11.Micronesia$61.6 million0.03%36.7%
12.Samoa$56 million0.02%-26.4%
13.Tuvalu$44.5 million0.02%43.6%
14.Cook Islands$37 million0.02%-28.2%
15.Christmas Island$24.1 million0.01%-38%
16.Nauru$23 million0.01%-77.2%
17.Tokelau$18.4 million0.008%-57.6%
18.Tonga$14.7 million0.006%-5.4%
19.Palau$6.5 million0.003%-27.3%
20.Cocos (Keeling) Is.$4.6 million0.002%-35.1%
21.Northern Mariana Is.$3.3 million0.001%-20.1%
22.Niue$2.3 million0.001%-36.8%
23.Pitcairn$2 million0.001%-70.1%
24.Norfolk Island$1.4 million0.001%-64.4%
25.Wallis and Futuna Is.$756,0000.0003%-35.2%
26.American Samoa$540,0000.0002%1,400%
27.Guam$111,0000.00005%11,000%









 
Together, Australia and New Zealand account for almost 95% of goods originating from Oceania.

See also Highest Value Australian Export Products and New Zealand’s Top 10 Exports

Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on October 27, 2017

The World Factbook, Field Listing: Exports and World Population, Central Intelligence Agency. Accessed on October 27, 2017

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on October 27, 2017

Wikipedia, Oceanian countries by population. Accessed on October 27, 2017

Worldometers, Oceanian population. Accessed on October 27, 2017