2022
Exports
$84.9MWorld Rnk 12 / 125
Flag Rnk 14 / 473
2022
PRODUCT COMPLEXITY IN Cocoa Beans
-2.82Rnk 1025 / 1025
2022
Imports
$503World Rnk 139 / 159
Flag Rnk 975 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $84.9M in Cocoa Beans, making it the 12th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 14th most exported product in Papua New Guinea. The main destination of Cocoa Beans exports from Papua New Guinea are: Malaysia ($35.2M), Indonesia ($18.2M), United States ($15.1M), Singapore ($13.1M), and Belgium ($2.43M).

The fastest growing export markets for Cocoa Beans of Papua New Guinea between 2021 and 2022 were Malaysia ($9.16M), Singapore ($152k), and Switzerland ($55k).

Imports In 2022, Papua New Guinea imported $503 in Cocoa Beans, becoming the 139th largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 975th most imported product in Papua New Guinea. Papua New Guinea imports Cocoa Beans primarily from: United Arab Emirates ($503).

The fastest growing import markets in Cocoa Beans for Papua New Guinea between 2021 and 2022 were United Arab Emirates ($503).

Latest Trends

Sep 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 Cocoa Beans. 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)$84.9M
IMPORTS (2022)$503
NET TRADE (2022)$84.9M

In 2022, Papua New Guinea exported $84.9M in Cocoa Beans. The main destinations of Papua New Guinea exports on Cocoa Beans were Malaysia ($35.2M), Indonesia ($18.2M), United States ($15.1M), Singapore ($13.1M), and Belgium ($2.43M).

In 2022, Papua New Guinea imported $503 in Cocoa Beans, mainly from United Arab Emirates ($503).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):
Malaysia$9.16M (35.1%)
Singapore$152k (1.17%)
Switzerland$55k (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY Papua New Guinea WERE (2021 - 2022):
China-$5.14M (-100%)
United States-$4.74M (-23.8%)
Indonesia-$4.27M (-19%)

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 Cocoa Beans were:
In 2022, Papua New Guinea's main importing competitors in Cocoa Beans were:

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Trade Value of Cocoa Beans by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $7.8M
TOP IMPORT POTENTIALCote d'Ivoire+ $481

Cocoa Beans’s highest export potential is United States. With an export gap of $7.8M.   Cocoa Beans’s highest import potential is Cote d'Ivoire with an import gap of $481.

See methodology.

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