2022
Flag  
GDP
$40.8BCURRENT US$
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2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
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2022
Flag
GDP PC 
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
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About

Nepal-New Caledonia Trade: In 2022, Nepal exported $88k to New Caledonia. The main products that Nepal exported to New Caledonia were Non-Knit Men's Suits ($79.5k), Jewellery ($7.3k), and Percussion ($1.2k). Over the past 5 years the exports of Nepal to New Caledonia have decreased at an annualized rate of 6.44%, from $123k in 2017 to $88k in 2022.

In 2022, Nepal did not export any services to New Caledonia.

New Caledonia-Nepal Trade: In 2022, New Caledonia exported $20 to Nepal. The main products that New Caledonia exported to Nepal were Other Plastic Products ($14) and Documents of title (bonds etc) and unused stamps ($6). Over the past 5 years the exports of New Caledonia to Nepal have decreased at an annualized rate of 57.5%,  from $3.37k in 2017 to $20 in 2022.

In 2022, New Caledonia did not export any services to Nepal.

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B). That same year, New Caledonia ranked 138 in total exports ($2.87B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $88k to New Caledonia. The main products exported from Nepal to New Caledonia were Non-Knit Men's Suits ($79.5k), Jewellery ($7.3k), and Percussion ($1.2k). During the last 5 years the exports of Nepal to New Caledonia have decreased at an annualized rate of 6.44%, from $123k in 2017 to $88k in 2022.

In 2017, New Caledonia exported $20 to Nepal. The main products exported from New Caledonia to Nepal were Other Plastic Products ($14) and Documents of title (bonds etc) and unused stamps ($6). During the last 5 years the exports of New Caledonia to Nepal have decreased at an annualized rate of 57.5%, from $3.37k in 2022 to $20 in 2017.

Exports from Nepal (Flag) to New Caledonia (Flag) (2022)

Exports from New Caledonia (Flag) to Nepal (Flag) (2022)

Market Competitiveness

Color
Nepal
Top Destination
India$956M
New Caledonia
Top Destination
China$1.79B

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

In 2022, countries that imported more from Nepal than New Caledonia included India ($956M), United States ($152M), and Turkey ($28.3M).

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

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

Comparative Advantage Nepal - New Caledonia

Flow
Scale

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

During 2022, Nepal had a large net trade with New Caledonia in the exports of Textiles ($79.5k), Precious Metals ($7.3k), and Instruments ($1.2k).

During 2017, New Caledonia had a large net trade with Nepal in the exports of Plastics and Rubbers ($14) and Paper Goods ($6).

Economic Complexity

Competitive Landscape

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

Product Space of Nepal (Flag) and New Caledonia (Flag) (2022)

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