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2023
Flag → Flag
Exports $7.96MRnk 13 / 98
2023
Flag → Flag
Top Product $7.4MFerroalloys
2023
Flag → Flag
Exports $56MRnk 136 / 219
2023
Flag → Flag
Top Product $8.42MCentrifuges
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag
 GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195

About

New Caledonia-Italy Trade: In 2023, New Caledonia exported $7.96M to Italy. The main products that New Caledonia exported to Italy were Ferroalloys ($7.4M), Jewellery ($280k), and Coral and Shells ($167k). Over the past 5 years the exports of New Caledonia to Italy have decreased at an annualized rate of 5.92%, from $10.8M in 2018 to $7.96M in 2023.

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

Italy-New Caledonia Trade: In 2023, Italy exported $56M to New Caledonia. The main products that Italy exported to New Caledonia were Centrifuges ($8.42M), Delivery Trucks ($5.85M), and Chocolate ($2.41M). Over the past 5 years the exports of Italy to New Caledonia have increased at an annualized rate of 0.3%,  from $53.6M in 2018 to $56M in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, New Caledonia exported $7.96M to Italy. The main products exported from New Caledonia to Italy were Ferroalloys ($7.4M), Jewellery ($280k), and Coral and Shells ($167k). During the last 5 years the exports of New Caledonia to Italy have decreased at an annualized rate of 5.92%, from $10.8M in 2018 to $7.96M in 2023.

In 2018, Italy exported $56M to New Caledonia. The main products exported from Italy to New Caledonia were Centrifuges ($8.42M), Delivery Trucks ($5.85M), and Chocolate ($2.41M). During the last 5 years the exports of Italy to New Caledonia have increased at an annualized rate of 0.3%, from $53.6M in 2023 to $56M in 2018.

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

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

Latest Data

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

New Caledonia Exports

Date

Italy Exports

Market Competitiveness

Color
New Caledonia
Top DestinationChina$1.53B
Italy
Top DestinationGermany$71.4B

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

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

In 2023, countries that imported more from Italy than New Caledonia included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Comparative Advantage New Caledonia - Italy

Flow
Scale

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

During 2023, New Caledonia had a large net trade with Italy in the exports of Metals ($7.4M), Precious Metals ($280k), and Animal Products ($167k).

During 2018, Italy had a large net trade with New Caledonia in the exports of Machines ($26M), Transportation ($9.97M), and Foodstuffs ($6.77M).

Economic Complexity

Competitive Landscape

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

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

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