Flag Australia / New Caledonia Flag

Exports FlagFlag  (2018): $298M, Rnk 43 / 206

Top Product FlagFlag (2018): $127M, Coal Briquettes

Exports FlagFlag (2018): $30.3M, Rnk 9 / 62

Top Product FlagFlag (2018): $26.1M, Sulfates

Economic Complexity of Flag (2018): ECI -0.093, Rnk 73 / 137

GDP Flag (2018): $1.43T, CURRENT US$
Rnk 13 / 196

GDP GROWTH Flag (2008-2018): 36%, CURRENT US$
Rnk 105 / 196

GDP PC Flag (2018): $57,374, CURRENT US$
Rnk 12 / 196

GDP PC GROWTH Flag (2008-2018): 15.7%, CURRENT US$
Rnk 111 / 196

Australia-New Caledonia: In 2018, Australia exported $298M to New Caledonia. The main products exported from Australia to New Caledonia were Coal Briquettes ($127M), Petroleum Gas ($17.2M), and Excavation Machinery ($8.9M). During the last 23 years the exports of Australia to New Caledonia have increased at an annualized rate of 3.92%, from $123M in 1995 to $298M in 2018.

New Caledonia-Australia: In 2018, New Caledonia exported $30.3M to Australia. The main products exported from New Caledonia to Australia were Sulfates ($26.1M), Scrap Copper ($774k), and Molluscs ($533k). During the last 23 years the exports of New Caledonia to Australia have decreased at an annualized rate of 0.069%, from $30.8M in 1995 to $30.3M in 2018.

Comparison: In 2018, Australia ranked 73 in the Economic Complexity Index (ECI -0.093), and 24 in total exports ($248B). That same year, New Caledonia ranked 134 in total exports ($1.99B), and does not have data regarding Economic Complexity Index. In terms of GDP Per Capita, Australia was ranked 12 with a GDP Per Capita of $57,374, while New Caledonia has no data regarding GDP Per Capita in 2018.

Bilateral Trade by Products

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Depth
Value

In 2018, Australia exported $298M to New Caledonia. The main products exported from Australia to New Caledonia were Coal Briquettes ($127M), Petroleum Gas ($17.2M), and Excavation Machinery ($8.9M). During the last 23 years the exports of Australia to New Caledonia have increased at an annualized rate of 3.92%, from $123M in 1995 to $298M in 2018.

In 2018, New Caledonia exported $30.3M to Australia. The main products exported from New Caledonia to Australia were Sulfates ($26.1M), Scrap Copper ($774k), and Molluscs ($533k). During the last 23 years the exports of New Caledonia to Australia have decreased at an annualized rate of 0.069%, from $30.8M in 1995 to $30.3M in 2018.

Date

Market Competitiveness

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Measure

Australia
Top Destination
: China, $87.9B

New Caledonia
Top Destination
: China, $1.06B

This map shows whether countries import more from Australia or New Caledonia. Each country is colored based on the difference in imports they receive from Australia and New Caledonia or the difference in the growth in imports.

In 2018, countries that imported more from Australia than New Caledonia were China ($87.9B), Japan ($27.6B), and India ($18.9B).

In 2018, no countries were registered that imported more from New Caledonia than from Australia.

Comparative Advantage Australia - New Caledonia

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Depth

This chart compares trade between Australia and New Caledonia by product, considering products traded by both, Australia and New Caledonia.

During 2018, Australia had a large net trade with New Caledonia in the exports of Mineral Products ($145M), Machines ($51.3M), and Chemical Products ($17.4M).

During 2018, New Caledonia had a large net trade with Australia in the exports of Chemical Products ($26.2M), Metals ($1.19M), and Animal Products ($856k).

Trade Forecasts

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This section shows a forecast for total trade between Australia and New Caledonia. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Australia has comparative advantage over New Caledonia. Similarly, the more red a dot/product is, the more New Caledonia has comparative advantage over Australia.