2022
Exports
$1.65kWorld Rnk 186 / 210
Flag Rnk 313 / 473
2022
PRODUCT COMPLEXITY IN Baked Goods
-0.32Rnk 655 / 1025
2022
Imports
$24.7MWorld Rnk 119 / 226
Flag Rnk 45 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $1.65k in Baked Goods, making it the 186th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 313th most exported product in Papua New Guinea. The main destination of Baked Goods exports from Papua New Guinea are: United Kingdom ($1.57k) and South Korea ($75).

The fastest growing export markets for Baked Goods of Papua New Guinea between 2021 and 2022 were United Kingdom ($1.57k).

Imports In 2022, Papua New Guinea imported $24.7M in Baked Goods, becoming the 119th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 45th most imported product in Papua New Guinea. Papua New Guinea imports Baked Goods primarily from: China ($9.38M), Fiji ($4.24M), Malaysia ($3M), Australia ($2.14M), and Singapore ($1.87M).

The fastest growing import markets in Baked Goods for Papua New Guinea between 2021 and 2022 were China ($3.37M), Singapore ($1.57M), and Malaysia ($1.1M).

Latest Trends

Jul 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 Baked Goods. 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
EXPORTS (2022)$1.65k
IMPORTS (2022)$24.7M
NET TRADE (2022)-$24.7M

In 2022, Papua New Guinea exported $1.65k in Baked Goods. The main destinations of Papua New Guinea exports on Baked Goods were United Kingdom ($1.57k) and South Korea ($75).

In 2022, Papua New Guinea imported $24.7M in Baked Goods, mainly from China ($9.38M), Fiji ($4.24M), Malaysia ($3M), Australia ($2.14M), and Singapore ($1.87M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):United Kingdom$1.57k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY Papua New Guinea WERE (2021 - 2022):
Solomon Islands-$757k (-100%)
Indonesia-$598 (-100%)
Australia-$403 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Papua New Guinea's main exporting competitors in Baked Goods were:
Germany $4.92B
Canada $4.75B
Italy $3.5B
In 2022, Papua New Guinea's main importing competitors in Baked Goods were:

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Trade Value of Baked Goods by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $4.03k
TOP IMPORT POTENTIALIndonesia+ $1.18M

Baked Goods’s highest export potential is United Kingdom. With an export gap of $4.03k.   Baked Goods’s highest import potential is Indonesia with an import gap of $1.18M.

See methodology.

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