2023
Flag
 GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC
$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195

About

Niue-United Kingdom Trade: In 2023, Niue exported $277k to United Kingdom. The main products that Niue exported to United Kingdom were Machinery Having Individual Functions ($81.9k), Prepared Rubber Accelerators ($41.6k), and Electrical Control Boards ($40.9k). Over the past 5 years the exports of Niue to United Kingdom have increased at an annualized rate of 40.5%, from $50.5k in 2018 to $277k in 2023.

In 2023, Niue did not export any services to United Kingdom.

United Kingdom-Niue Trade: In 2023, United Kingdom exported $16.8k to Niue. The main products that United Kingdom exported to Niue were Liquid Dispersing Machines ($7.45k), Office Machine Parts ($6.22k), and Centrifuges ($3.13k). Over the past 5 years the exports of United Kingdom to Niue have decreased at an annualized rate of 67.9%,  from $4.89M in 2018 to $16.8k in 2023.

In 2023, United Kingdom did not export any services to Niue.

Comparison In 2023,  Niue ranked 220 in total exports ($5.77M), and does not have data regarding Economic Complexity Index. That same year, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Niue exported $277k to United Kingdom. The main products exported from Niue to United Kingdom were Machinery Having Individual Functions ($81.9k), Prepared Rubber Accelerators ($41.6k), and Electrical Control Boards ($40.9k). During the last 5 years the exports of Niue to United Kingdom have increased at an annualized rate of 40.5%, from $50.5k in 2018 to $277k in 2023.

In 2018, United Kingdom exported $16.8k to Niue. The main products exported from United Kingdom to Niue were Liquid Dispersing Machines ($7.45k), Office Machine Parts ($6.22k), and Centrifuges ($3.13k). During the last 5 years the exports of United Kingdom to Niue have decreased at an annualized rate of 67.9%, from $4.89M in 2023 to $16.8k in 2018.

Exports from Niue (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Niue (Flag) (2023)

Latest Data

Trade between Niue (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
Niue
Top Destination
United States$3.09M
United Kingdom
Top Destination
United States$59.7B

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

In 2023, no countries were registered that imported more from Niue than from United Kingdom.

In 2023, countries that imported more from United Kingdom than Niue included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Niue (Flag) (2023)

Comparative Advantage Niue - United Kingdom

Flow
Scale

This chart compares trade between Niue and United Kingdom by product, considering products traded by both, Niue and United Kingdom.

During 2023, Niue had a large net trade with United Kingdom in the exports of Machines ($153k), Chemical Products ($43.7k), and Precious Metals ($38.1k).

During 2018, United Kingdom had a large net trade with Niue in the exports of Machines ($16.8k).

Economic Complexity

Competitive Landscape

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

Product Space of Niue (Flag) and United Kingdom (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