Top Oceanian Export Countries

Sydney, Australia waterfront

Sydney, Australia waterfront

Exported products from the continent called Oceania were worth an estimated US$283 billion in 2017, down -7.6% since 2013 when exports were valued at $306.4 billion. Year over year, Oceanian exports appreciated by 19.8% from 2016 to 2017.

In comparison, global exports from all countries worldwide equaled $17.585 trillion in 2017, falling -6.9% in value since 2013 but appreciating by 10.7% after 2016. Putting that latest trade metrics into perspective, Oceanian exports represent an estimated 1.6% of all worldwide shipments.

Oceania is a geographic region comprised of many islands mostly sprinkled over the southern Pacific Ocean. Some people assume that Oceania is limited to Australia and New Zealand, but those are just two island nations that are admittedly top of mind when searching for internationally sold products.

Based on statistics from the International Monetary Fund’s World Economic Outlook Database, the total Gross Domestic Product for Oceanian countries (where statistics are available) equals $1.479 trillion for 2017. Therefore, exported goods represent 19.1% of Oceania’s total economic output for 2017.

Given Oceania’s population of about 41.4 million people as of September 2018, the $283 billion in 2017 exports translates to an estimated $6,800 for every person living in 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 2017. Also shown is each country’s overall share of Oceanian exports.

RankExporter2017 Exports%TotalSince 2013
1.Australia$229.7 billion81.2%-10.1%
2.New Zealand$38.1 billion13.4%-3.5%
3.Papua New Guinea$10.6 billion3.7%+54%
4.New Caledonia$1.7 billion0.6%+35.2%
5.Fiji$955.6 million0.3%-13.8%
6.Solomon Islands$499.7 million0.2%+2.1%
7.Marshall Islands$490.5 million0.17%-43.1%
8.Vanuatu$232.7 million0.08%-19.6%
9.French Polynesia$197.2 million0.07%+30.2%
10.Kiribati$161.6 million0.06%+2,321%
11.Micronesia$96.6 million0.03%+249.8%
12.Tokelau$69.1 million0.024%+73.8%
13.Niue$66.4 million0.023%+3,946%
14.Cook Islands$47.5 million0.017%+78.8%
15.Samoa$44.4 million0.016%-28.5%
16.Nauru$27.2 million0.01%-60%
17.Christmas Island$21.2 million0.007%-29.2%
18.Tonga$17.2 million0.006%+0.5%
19.Tuvalu$9.5 million0.003%-62.8%
20.Palau$6.4 million0.002%-20.8%
21.Northern Mariana Islands$4.1 million0.0014%-12.9%
22.Cocos (Keeling) Islands$4.05 million0.0014%-41.6%
23.Norfolk Island$2 million0.0007%-67.7%
24.Pitcairn$1.7 million0.0006%+8.3%
25.American Samoa$1.1 million0.00039%+110,300%
26.Wallis/Futuna Islands$1 million0.00036%+19.4%
27.Guam$121,0000.00004%+105.1%



 
Combined, Australia and New Zealand account for approximately 95% of the value for goods originating from Oceania.

See also Australia’s Top 10 Exports, New Zealand’s Top 10 Exports, Australia’s Top 10 Imports and New Zealand’s Top 10 Imports

Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on September 14, 2018

The World Factbook, Field Listing: Exports and World Population, Central Intelligence Agency. Accessed on September 14, 2018

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on November 23, 2018

Wikipedia, Oceanian countries by population. Accessed on September 14, 2018

Worldometers, Oceanian population. Accessed on September 14, 2018