2022
Exports
$4.99kWorld Rnk 189 / 218
Flag Rnk 74 / 89
2022
PRODUCT COMPLEXITY IN Preparations of cereals, flour, starch or milk
0.015Rnk 542 / 1025
2022
Imports
$62.3MWorld Rnk 135 / 226
Flag Rnk 20 / 96
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $4.99k in Preparations of cereals, flour, starch or milk, making it the 189th largest exporter of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 74th most exported product in Papua New Guinea. The main destination of Preparations of cereals, flour, starch or milk exports from Papua New Guinea are: Costa Rica ($3.26k), United Kingdom ($1.57k), Netherlands ($77), South Korea ($75), and Canada ($8).

The fastest growing export markets for Preparations of cereals, flour, starch or milk of Papua New Guinea between 2021 and 2022 were Costa Rica ($3.26k), United Kingdom ($1.57k), and Canada ($8).

Imports In 2022, Papua New Guinea imported $62.3M in Preparations of cereals, flour, starch or milk, becoming the 135th largest importer of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 20th most imported product in Papua New Guinea. Papua New Guinea imports Preparations of cereals, flour, starch or milk primarily from: Australia ($14.9M), China ($12.5M), Indonesia ($12.5M), Singapore ($6.75M), and Malaysia ($5.17M).

The fastest growing import markets in Preparations of cereals, flour, starch or milk for Papua New Guinea between 2021 and 2022 were Australia ($5.04M), China ($3.64M), and Singapore ($3.27M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Preparations of cereals, flour, starch or milk. 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)$4.99k
IMPORTS (2022)$62.3M
NET TRADE (2022)-$62.3M

In 2022, Papua New Guinea exported $4.99k in Preparations of cereals, flour, starch or milk. The main destinations of Papua New Guinea exports on Preparations of cereals, flour, starch or milk were Costa Rica ($3.26k), United Kingdom ($1.57k), Netherlands ($77), South Korea ($75), and Canada ($8).

In 2022, Papua New Guinea imported $62.3M in Preparations of cereals, flour, starch or milk, mainly from Australia ($14.9M), China ($12.5M), Indonesia ($12.5M), Singapore ($6.75M), and Malaysia ($5.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preparations of cereals, flour, starch or milk EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):
Costa Rica$3.26k (1%)
United Kingdom$1.57k (1%)
Canada$8 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preparations of cereals, flour, starch or milk BY Papua New Guinea WERE (2021 - 2022):
Solomon Islands-$861k (-100%)
Vanuatu-$3k (-100%)
Indonesia-$2.05k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Papua New Guinea's main exporting competitors in Preparations of cereals, flour, starch or milk were:
In 2022, Papua New Guinea's main importing competitors in Preparations of cereals, flour, starch or milk were:

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Trade Value of Preparations of cereals, flour, starch or milk by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited Kingdom+ $5.87k
TOP IMPORT POTENTIALIndia+ $759k

Preparations of cereals, flour, starch or milk’s highest export potential is United Kingdom. With an export gap of $5.87k.   Preparations of cereals, flour, starch or milk’s highest import potential is India with an import gap of $759k.

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