2023
Flag
 GDP
$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH
23%CURRENT US$
Rnk 132 / 195
2023
Flag
GDP PC
$54,701CURRENT US$
Rnk 20 / 196
2013-2023
Flag
GDP PC GROWTH
16.5%CURRENT US$
Rnk 113 / 195

About

New Caledonia-Belgium Trade: In 2023, New Caledonia exported $412k to Belgium. The main products that New Caledonia exported to Belgium were Computers ($66.6k), Electrical Transformers ($50.8k), and Other Measuring Instruments ($39.2k). Over the past 5 years the exports of New Caledonia to Belgium have decreased at an annualized rate of 63.1%, from $60.1M in 2018 to $412k in 2023.

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

Belgium-New Caledonia Trade: In 2023, Belgium exported $22.3M to New Caledonia. The main products that Belgium exported to New Caledonia were Other Prepared Meat ($5M), Delivery Trucks ($3.75M), and Other Frozen Vegetables ($1.62M). Over the past 5 years the exports of Belgium to New Caledonia have increased at an annualized rate of 6.64%,  from $16.2M in 2018 to $22.3M in 2023.

In 2023, Belgium 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, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, New Caledonia exported $412k to Belgium. The main products exported from New Caledonia to Belgium were Computers ($66.6k), Electrical Transformers ($50.8k), and Other Measuring Instruments ($39.2k). During the last 5 years the exports of New Caledonia to Belgium have decreased at an annualized rate of 63.1%, from $60.1M in 2018 to $412k in 2023.

In 2018, Belgium exported $22.3M to New Caledonia. The main products exported from Belgium to New Caledonia were Other Prepared Meat ($5M), Delivery Trucks ($3.75M), and Other Frozen Vegetables ($1.62M). During the last 5 years the exports of Belgium to New Caledonia have increased at an annualized rate of 6.64%, from $16.2M in 2023 to $22.3M in 2018.

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

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

Latest Data

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

New Caledonia Exports

Date

Belgium Exports

Market Competitiveness

Color
New Caledonia
Top Destination
China$1.53B
Belgium
Top Destination
France$85.6B

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

In 2023, no countries were registered that imported more from New Caledonia than from Belgium.

In 2023, countries that imported more from Belgium than New Caledonia included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

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

Comparative Advantage New Caledonia - Belgium

Flow
Scale

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

During 2023, New Caledonia had a large net trade with Belgium in the exports of Machines ($255k), Instruments ($75.9k), and Footwear and Headwear ($27.6k).

During 2018, Belgium had a large net trade with New Caledonia in the exports of Foodstuffs ($7.45M), Transportation ($5.18M), and Machines ($3.53M).

Economic Complexity

Competitive Landscape

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

Product Space of New Caledonia (Flag) and Belgium (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