2023
Flag
 GDP
$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH
9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC
$64,821CURRENT US$
Rnk 16 / 196
2013-2023
Flag
GDP PC GROWTH
-4.94%CURRENT US$
Rnk 159 / 195

About

New Caledonia-Australia Trade: In 2023, New Caledonia exported $9.93M to Australia. The main products that New Caledonia exported to Australia were Motor vehicles; parts and accessories (8701 to 8705) ($1.73M), Scrap Copper ($1.43M), and Recreational Boats ($601k). Over the past 5 years the exports of New Caledonia to Australia have decreased at an annualized rate of 23.7%, from $38.4M in 2018 to $9.93M in 2023.

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

Australia-New Caledonia Trade: In 2023, Australia exported $385M to New Caledonia. The main products that Australia exported to New Caledonia were Coal Briquettes ($145M), Excavation Machinery ($39.6M), and Stone Processing Machines ($21.2M). Over the past 5 years the exports of Australia to New Caledonia have increased at an annualized rate of 3.44%,  from $304M in 2018 to $385M in 2023.

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

Comparison In 2023,  New Caledonia ranked 144 in total exports ($2.05B), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, New Caledonia exported $9.93M to Australia. The main products exported from New Caledonia to Australia were Motor vehicles; parts and accessories (8701 to 8705) ($1.73M), Scrap Copper ($1.43M), and Recreational Boats ($601k). During the last 5 years the exports of New Caledonia to Australia have decreased at an annualized rate of 23.7%, from $38.4M in 2018 to $9.93M in 2023.

In 2018, Australia exported $385M to New Caledonia. The main products exported from Australia to New Caledonia were Coal Briquettes ($145M), Excavation Machinery ($39.6M), and Stone Processing Machines ($21.2M). During the last 5 years the exports of Australia to New Caledonia have increased at an annualized rate of 3.44%, from $304M in 2023 to $385M in 2018.

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

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

Latest Data

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

New Caledonia Exports

Date

Australia Exports

Market Competitiveness

Color
New Caledonia
Top Destination
China$1.53B
Australia
Top Destination
China$137B

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

In 2023, countries that imported more from New Caledonia than Australia included Cape Verde ($48.8k).

In 2023, countries that imported more from Australia than New Caledonia included China ($137B), Japan ($59B), and South Korea ($20.9B).

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

Comparative Advantage New Caledonia - Australia

Flow
Scale

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

During 2023, New Caledonia had a large net trade with Australia in the exports of Machines ($3.39M), Transportation ($3.26M), and Metals ($2.09M).

During 2018, Australia had a large net trade with New Caledonia in the exports of Mineral Products ($158M), Machines ($113M), and Transportation ($19.9M).

Economic Complexity

Competitive Landscape

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

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

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