2021
Exports
$13World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Soups and Broths
-0.5Rnk 704 / 1025
2021
Imports
$4.67MWorld Rnk 97 / 223
Flag Rnk 194 / 1017
2022
ECONOMIC COMPLEXITY of Papua New Guinea
-1.53Rnk 125 / 133

About

Imports In 2022, Papua New Guinea imported $4.67M in Soups and Broths, becoming the 97th largest importer of Soups and Broths in the world. At the same year, Soups and Broths was the 194th most imported product in Papua New Guinea. Papua New Guinea imports Soups and Broths primarily from: New Zealand ($4M), Australia ($638k), Turkey ($19.3k), Philippines ($5.14k), and Chinese Taipei ($2.08k).

The fastest growing import markets in Soups and Broths for Papua New Guinea between 2021 and 2022 were Australia ($128k) and Chinese Taipei ($1.02k).

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 Soups and Broths. 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 (2021)$13
IMPORTS (2022)$4.67M
NET TRADE (2022)-$4.67M

In 2022, Papua New Guinea imported $4.67M in Soups and Broths, mainly from New Zealand ($4M), Australia ($638k), Turkey ($19.3k), Philippines ($5.14k), and Chinese Taipei ($2.08k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and Broths BY Papua New Guinea WERE (N/A - 2021):Australia-$13 (-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 Soups and Broths were:
In 2022, Papua New Guinea's main importing competitors in Soups and Broths were:

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Trade Value of Soups and Broths by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $519
TOP IMPORT POTENTIALTurkey+ $23k

Soups and Broths’s highest export potential is United States. With an export gap of $519.   Soups and Broths’s highest import potential is Turkey with an import gap of $23k.

See methodology.

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