2022
Exports
$85.2MWorld Rnk 51 / 199
Flag Rnk 10 / 89
2022
PRODUCT COMPLEXITY IN Cocoa & cocoa preparations
0.14Rnk 508 / 1025
2022
Imports
$7.39MWorld Rnk 137 / 225
Flag Rnk 54 / 96
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Exports In 2022, Papua New Guinea exported $85.2M in Cocoa & cocoa preparations, making it the 51st largest exporter of Cocoa & cocoa preparations in the world. At the same year, Cocoa & cocoa preparations was the 10th most exported product in Papua New Guinea. The main destination of Cocoa & cocoa preparations exports from Papua New Guinea are: Malaysia ($35.5M), Indonesia ($18.2M), United States ($15.2M), Singapore ($13.1M), and Belgium ($2.43M).

The fastest growing export markets for Cocoa & cocoa preparations of Papua New Guinea between 2021 and 2022 were Malaysia ($9.42M), Singapore ($152k), and Switzerland ($55k).

Imports In 2022, Papua New Guinea imported $7.39M in Cocoa & cocoa preparations, becoming the 137th largest importer of Cocoa & cocoa preparations in the world. At the same year, Cocoa & cocoa preparations was the 54th most imported product in Papua New Guinea. Papua New Guinea imports Cocoa & cocoa preparations primarily from: China ($2.74M), Australia ($2.29M), Malaysia ($1.4M), Singapore ($409k), and New Zealand ($265k).

The fastest growing import markets in Cocoa & cocoa preparations for Papua New Guinea between 2021 and 2022 were China ($1.92M), Australia ($1.01M), and Malaysia ($633k).

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 Cocoa & cocoa preparations. 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)$85.2M
IMPORTS (2022)$7.39M
NET TRADE (2022)$77.8M

In 2022, Papua New Guinea exported $85.2M in Cocoa & cocoa preparations. The main destinations of Papua New Guinea exports on Cocoa & cocoa preparations were Malaysia ($35.5M), Indonesia ($18.2M), United States ($15.2M), Singapore ($13.1M), and Belgium ($2.43M).

In 2022, Papua New Guinea imported $7.39M in Cocoa & cocoa preparations, mainly from China ($2.74M), Australia ($2.29M), Malaysia ($1.4M), Singapore ($409k), and New Zealand ($265k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa & cocoa preparations EXPORT MARKETS FOR Papua New Guinea WERE (2021 - 2022):
Malaysia$9.42M (36.1%)
Singapore$152k (1.17%)
Switzerland$55k (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa & cocoa preparations 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 & cocoa preparations were:
In 2022, Papua New Guinea's main importing competitors in Cocoa & cocoa preparations were:

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Trade Value of Cocoa & cocoa preparations by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $7.89M
TOP IMPORT POTENTIALTurkey+ $130k

Cocoa & cocoa preparations’s highest export potential is United States. With an export gap of $7.89M.   Cocoa & cocoa preparations’s highest import potential is Turkey with an import gap of $130k.

See methodology.

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