New Caledonia (NCL) and Somalia (SOM) Trade | The Observatory of Economic Complexity

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New Caledonia (NCL) and Somalia (SOM) Trade

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Exports $1.8kRnk 106 / 0

2022

GDP$8.13BCURRENT US$
Rnk 148 / 186

2012-2022

GDP GROWTH0%CURRENT US$
Rnk 165 / 186

2022

GDP PC$462CURRENT US$
Rnk 183 / 186

2012-2022

GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

Image 1

Image by -epsilon-
Link: https://flic.kr/p/fLVyZq

Image 2

Image by AMISOM Public Information
Link: https://flic.kr/p/cMaH8S

Historical Data
Economic Complexity

About

In N/A, New Caledonia did not export any services to Somalia.

Somalia-New Caledonia Trade: In N/A, Somalia exported $1.8k to New Caledonia. The main products that Somalia exported to New Caledonia were N/A. Over the past N/A years the exports of Somalia to New Caledonia have increased at an annualized rate of 20.2%, from $717 in N/A to $1.8k in N/A.

In N/A, Somalia did not export any services to New Caledonia.

Comparison In 2022, New Caledonia ranked 138 in total exports ($2.87B). That same year, Somalia ranked 167 in total exports ($569M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

New Caledonia does not register exports to Somalia.

In 2010, Somalia exported $1.8k to New Caledonia. There were not main exports from Somalia to New Caledonia in 2010. During the last 5 years the exports of Somalia to New Caledonia have increased at an annualized rate of 20.2%, from $717 in 2015 to $1.8k in 2010.

Exports from New Caledonia () to Somalia () (2015)

Exports from Somalia () to New Caledonia () (2015)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

New Caledonia
Top DestinationChina$1.79B

Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2022, countries that imported more from New Caledonia than Somalia included China ($1.79B), South Korea ($403M), and Japan ($334M).

In 2022, countries that imported more from Somalia than New Caledonia included United Arab Emirates ($283M), Oman ($173M), and Bulgaria ($18.5M).

Difference in imports from Somalia () and New Caledonia () (2022)

Comparative Advantage New Caledonia - Somalia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2010, Somalia had a large net trade with New Caledonia in the exports of .

Economic Complexity

Competitive Landscape

Year

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

Product Space of New Caledonia () and Somalia () (2015)

Keep Exploring

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