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 9.8% from 2016 to 2017.

Oceania is a geographic region comprised of many islands sprinkled over the Pacific Ocean. Some people assume that Oceania is limited to Australia and New Zealand, but those are just two island nations that are typically top of mind during searches for global product suppliers.

Putting that latest trade metrics into perspective, Oceanian exports represent an estimated 1.6% of all worldwide shipments.

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%Oceania TotalSince 2013
1.Australia$229.7 billion81.2%Down 10.1%
2.New Zealand$38.1 billion13.4%Down 3.5%
3.Papua New Guinea$10.6 billion3.7%Up 54%
4.New Caledonia$1.7 billion0.6%Up 34.2%
5.Fiji$955.6 million0.3%Down 13.8%
6.Solomon Islands$499.7 million0.18%Up 2.1%
7.Marshall Islands$484.9 million0.17%Down 43.8%
8.Vanuatu$232.5 million0.08%Down 19.7%
9.French Polynesia$198 million0.07%Up 30.7%
10.Kiribati$161.3 million0.06%Up 2,317%
11.Micronesia$96.6 million0.03%Up 249.6%
12.Tokelau$71 million0.03%Up 76.5%
13.Niue$54.2 million0.02%Up 3,187%
14.Cook Islands$46.7 million0.02%Up 75.8%
15.Samoa$44.4 million0.02%Down 29%
16.Nauru$27.2 million0.01%Down 60%
17.Christmas Island$21.2 million0.008%Down 29%
18.Tonga$17.1 million0.006%Up 0.3%
19.Tuvalu$9.4 million0.003%Down 63.3%
20.Palau$6.4 million0.002%Down 20.8%
21.Northern Mariana Islands$4.1 million0.001%Down 13%
22.Cocos (Keeling) Islands$4 million0.001%Down 42.5%
23.Norfolk Island$1.9 million0.001%Down 68.3%
24.Guam$1.7 million0.001%Up 1,353%
25.Pitcairn$1.65 million0.0006%Up 4.7%
26.American Samoa$1.6 million0.0006%Up 160,100%
27.Wallis/Futuna Islands$985,0000.0003%Up 16%









 
Together, Australia and New Zealand account for approximately 95% of 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 September 14, 2018

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

Worldometers, Oceanian population. Accessed on September 14, 2018