2023
Flag  
GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC 
$6,947CURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195

About

Colombia-New Caledonia Trade: In 2023, Colombia exported $8.85M to New Caledonia. The main products that Colombia exported to New Caledonia were Coke ($7.97M), Coal Briquettes ($772k), and Liquid Pumps ($77.2k). Over the past 5 years the exports of Colombia to New Caledonia have increased at an annualized rate of 184%, from $48.2k in 2018 to $8.85M in 2023.

In 2023, Colombia did not export any services to New Caledonia.

New Caledonia-Colombia Trade: In 2023, New Caledonia exported $10k to Colombia. The main products that New Caledonia exported to Colombia were Gas and Liquid Flow Measuring Instruments ($10k). Over the past 5 years the exports of New Caledonia to Colombia have decreased at an annualized rate of 1.05%,  from $11.1k in 2018 to $10k in 2023.

In 2023, New Caledonia did not export any services to Colombia.

Comparison In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23),  and 54 in total exports ($54.8B). That same year, New Caledonia ranked 144 in total exports ($2.05B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Colombia exported $8.85M to New Caledonia. The main products exported from Colombia to New Caledonia were Coke ($7.97M), Coal Briquettes ($772k), and Liquid Pumps ($77.2k). During the last 5 years the exports of Colombia to New Caledonia have increased at an annualized rate of 184%, from $48.2k in 2018 to $8.85M in 2023.

In 2018, New Caledonia exported $10k to Colombia. The main products exported from New Caledonia to Colombia were Gas and Liquid Flow Measuring Instruments ($10k). During the last 5 years the exports of New Caledonia to Colombia have decreased at an annualized rate of 1.05%, from $11.1k in 2023 to $10k in 2018.

Exports from Colombia (Flag) to New Caledonia (Flag) (2023)

Exports from New Caledonia (Flag) to Colombia (Flag) (2023)

Latest Data

Trade between Colombia (Flag) and New Caledonia (Flag)

Colombia Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$14.8B
New Caledonia
Top Destination
China$1.53B

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

In 2023, countries that imported more from Colombia than New Caledonia included United States ($14.8B), Panama ($4.66B), and India ($2.51B).

In 2023, countries that imported more from New Caledonia than Colombia included Fiji ($2.18M), Niger ($5.42k), and Lesotho ($30).

Difference in imports from New Caledonia (Flag) and Colombia (Flag) (2023)

Comparative Advantage Colombia - New Caledonia

Flow
Scale

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

During 2023, Colombia had a large net trade with New Caledonia in the exports of Mineral Products ($8.75M), Machines ($79.1k), and Foodstuffs ($18.8k).

During 2018, New Caledonia had a large net trade with Colombia in the exports of Instruments ($10k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Colombia and New Caledonia. This means that a dot/product with the flag of Colombia indicates it has a comparative advantage over New Caledonia. Similarly, a dot/product with the flag of New Caledonia indicates it has a comparative advantage over Colombia.

Product Space of Colombia (Flag) and New Caledonia (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with