2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186

About

Kuwait-New Caledonia Trade: In 2015, Kuwait exported $63 to New Caledonia. The main products that Kuwait exported to New Caledonia were N/A. Over the past 8 years the exports of Kuwait to New Caledonia have decreased at an annualized rate of 35.6%, from $2.14k in 2007 to $63 in 2015.

In 2015, Kuwait did not export any services to New Caledonia.

New Caledonia-Kuwait Trade: In 2015, New Caledonia exported $10.3k to Kuwait. The main products that New Caledonia exported to Kuwait were Knit T-shirts ($8.33k) and Baked Goods ($1.99k). Over the past 8 years the exports of New Caledonia to Kuwait have increased at an annualized rate of 41%,  from $1.85k in 2007 to $10.3k in 2015.

In 2015, New Caledonia did not export any services to Kuwait.

Comparison In 2022,  Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44),  and 42 in total exports ($101B). That same year, New Caledonia ranked 138 in total exports ($2.87B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2015, Kuwait exported $63 to New Caledonia. There were not main exports from Kuwait to New Caledonia in 2015. During the last 8 years the exports of Kuwait to New Caledonia have decreased at an annualized rate of 35.6%, from $2.14k in 2007 to $63 in 2015.

In 2017, New Caledonia exported $10.3k to Kuwait. The main products exported from New Caledonia to Kuwait were Knit T-shirts ($8.33k) and Baked Goods ($1.99k). During the last 5 years the exports of New Caledonia to Kuwait have increased at an annualized rate of 41%, from $1.85k in 2022 to $10.3k in 2017.

Exports from Kuwait (Flag) to New Caledonia (Flag) (2022)

Exports from New Caledonia (Flag) to Kuwait (Flag) (2022)

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
New Caledonia
Top Destination
China$1.79B

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

In 2022, countries that imported more from Kuwait than New Caledonia included China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2022, countries that imported more from New Caledonia than Kuwait included French Polynesia ($2.37M), Fiji ($511k), and Macau ($37.8k).

Difference in imports from New Caledonia (Flag) and Kuwait (Flag) (2022)

Comparative Advantage Kuwait - New Caledonia

Flow
Scale

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

During 2015, Kuwait had a large net trade with New Caledonia in the exports of .

During 2017, New Caledonia had a large net trade with Kuwait in the exports of Textiles ($8.33k) and Foodstuffs ($1.99k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Kuwait and New Caledonia. This means that a dot/product with the flag of Kuwait 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 Kuwait.

Product Space of Kuwait (Flag) and New Caledonia (Flag) (2022)

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