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2012
Flag → Flag
Exports $11kRnk 14 / 0
2012
Flag → Flag
Exports $9.45kRnk 169 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.87Rnk 107 / 133

About

New Caledonia-Venezuela Trade: In 2012, New Caledonia exported $11k to Venezuela. The main products that New Caledonia exported to Venezuela were N/A. Over the past 7 years the exports of New Caledonia to Venezuela have decreased at an annualized rate of 17.7%, from $43.1k in 2005 to $11k in 2012.

In 2012, New Caledonia did not export any services to Venezuela.

Venezuela-New Caledonia Trade: In 2012, Venezuela exported $9.45k to New Caledonia. The main products that Venezuela exported to New Caledonia were N/A. Over the past 7 years the exports of Venezuela to New Caledonia have increased at an annualized rate of 9.75%,  from $2.57k in 2005 to $9.45k in 2012.

In 2012, Venezuela did not export any services to New Caledonia.

Comparison In 2022,  New Caledonia ranked 138 in total exports ($2.87B), and does not have data regarding Economic Complexity Index. That same year, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2012, New Caledonia exported $11k to Venezuela. There were not main exports from New Caledonia to Venezuela in 2012. During the last 7 years the exports of New Caledonia to Venezuela have decreased at an annualized rate of 17.7%, from $43.1k in 2005 to $11k in 2012.

In 2010, Venezuela exported $9.45k to New Caledonia. There were not main exports from Venezuela to New Caledonia in 2010. During the last 5 years the exports of Venezuela to New Caledonia have increased at an annualized rate of 9.75%, from $2.57k in 2015 to $9.45k in 2010.

Exports from New Caledonia (Flag) to Venezuela (Flag) (2015)

Exports from Venezuela (Flag) to New Caledonia (Flag) (2015)

Market Competitiveness

Color
New Caledonia
Top DestinationChina$1.79B
Venezuela
Top DestinationChina$703M

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

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

In 2022, countries that imported more from Venezuela than New Caledonia included Turkey ($597M), Spain ($518M), and United States ($438M).

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

Comparative Advantage New Caledonia - Venezuela

Flow
Scale

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

During 2012, New Caledonia had a large net trade with Venezuela in the exports of .

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

Economic Complexity

Competitive Landscape

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

Product Space of New Caledonia (Flag) and Venezuela (Flag) (2015)

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