2022
Flag  
GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
GDP PC 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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About

Singapore-New Caledonia Trade: In 2022, Singapore exported $367M to New Caledonia. The main products that Singapore exported to New Caledonia were Refined Petroleum ($349M), Gas Turbines ($1.89M), and Excavation Machinery ($1.59M). Over the past 5 years the exports of Singapore to New Caledonia have increased at an annualized rate of 8.98%, from $239M in 2017 to $367M in 2022.

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

New Caledonia-Singapore Trade: In 2022, New Caledonia exported $683k to Singapore. The main products that New Caledonia exported to Singapore were Machinery Having Individual Functions ($171k), Aircraft Parts ($98k), and Computers ($93.6k). Over the past 5 years the exports of New Caledonia to Singapore have increased at an annualized rate of 16.2%,  from $323k in 2017 to $683k in 2022.

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

Comparison In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68),  and 21 in total exports ($379B). That same year, New Caledonia ranked 138 in total exports ($2.87B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $367M to New Caledonia. The main products exported from Singapore to New Caledonia were Refined Petroleum ($349M), Gas Turbines ($1.89M), and Excavation Machinery ($1.59M). During the last 5 years the exports of Singapore to New Caledonia have increased at an annualized rate of 8.98%, from $239M in 2017 to $367M in 2022.

In 2017, New Caledonia exported $683k to Singapore. The main products exported from New Caledonia to Singapore were Machinery Having Individual Functions ($171k), Aircraft Parts ($98k), and Computers ($93.6k). During the last 5 years the exports of New Caledonia to Singapore have increased at an annualized rate of 16.2%, from $323k in 2022 to $683k in 2017.

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

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

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
New Caledonia
Top Destination
China$1.79B

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

In 2022, countries that imported more from Singapore than New Caledonia included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, no countries were registered that imported more from New Caledonia than from Singapore.

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

Comparative Advantage Singapore - New Caledonia

Flow
Scale

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

During 2022, Singapore had a large net trade with New Caledonia in the exports of Mineral Products ($349M), Machines ($8.6M), and Transportation ($1.79M).

During 2017, New Caledonia had a large net trade with Singapore in the exports of Machines ($399k), Transportation ($98k), and Metals ($34.6k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Singapore and New Caledonia. This means that a dot/product with the flag of Singapore 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 Singapore.

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

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