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Overview In 2021 New Caledonia was the number 147 economy in the world in terms of total exports and the number 159 in total imports.

Exports The top exports of New Caledonia are Ferroalloys ($809M), Nickel Ore ($734M), Nickel Mattes ($320M), Essential Oils ($6.78M), and Recreational Boats ($4.22M), exporting mostly to China ($1.06B), South Korea ($315M), Japan ($211M), Chinese Taipei ($85M), and Spain ($65.5M).

Imports The top imports of New Caledonia are Refined Petroleum ($287M), Coal Briquettes ($135M), Cars ($103M), Packaged Medicaments ($83M), and Delivery Trucks ($63.9M), importing mostly from France ($873M), Australia ($310M), Singapore ($249M), New Zealand ($156M), and China ($149M).

Location New Caledonia borders Indonesia by land and Australia, Fiji, Papua New Guinea, Solomon Islands, Vanuatu, and Norfolk Island by sea.

Latest Trends

Latest Trade

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The following section uses the most recent trade data from partners of New Caledonia.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Latest Data

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The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Subscribe today to OEC pro and access the latest data

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2021)Ferroalloys$809M
Top Destination (2021)China$1.06B

In 2021, New Caledonia exported a total of $1.92B, making it the number 147 exporter in the world. During the last five reported years the exports of New Caledonia have changed by $599M from $1.32B in 2016 to $1.92B in 2021.

The most recent exports are led by Ferroalloys ($809M), Nickel Ore ($734M), Nickel Mattes ($320M), Essential Oils ($6.78M), and Recreational Boats ($4.22M). The most common destination for the exports of New Caledonia are China ($1.06B), South Korea ($315M), Japan ($211M), Chinese Taipei ($85M), and Spain ($65.5M).

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Exports (2021)
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Destinations (2021)
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Market Growth

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Fastest Growing Export Markets (2020 - 2021)
South Korea$74.4M (+ 30.9%)
Spain$25.9M (+ 65.5%)
Chinese Taipei$23.8M (+ 38.8%)
Fastest Growing Import Markets (2020 - 2021)
New Zealand$69M (+ 79.7%)
Australia$49.6M (+ 19.1%)
Singapore$38.1M (+ 18.1%)

Total Export Growth by Market (2020 - 2021)

Service Trade

Service Trade

New Caledonia Exports Services (2011)$457M
New Caledonia Imports Services (2011)$1.31B

In 2011, New Caledonia exported $457M worth of services. The top services exported by New Caledonia in 2011 were Travel ($147M), Air transport ($113M), Government services, n.i.e. ($107M), Miscellaneous business, professional, and technical services ($35.7M), and Construction services ($24.3M).

The top services imported by New Caledonia in 2011 were Miscellaneous business, professional, and technical services ($536M), Sea transport ($240M), Air transport ($173M), Travel ($169M), and Insurance services ($66.5M).

Service Exports (2011)

Service Imports (2011)

Economic Complexity

Most Specialized Products by RCA Index

New Caledonia has a high level of specialization in Nickel Ore (1.9k), Nickel Mattes (392), Ferroalloys (205), Scrap Nickel (12.4), and Essential Oils (12.3). Specialization is measured using RCA, an index that takes the ratio between New Caledonia observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of New Caledonia according to the product complexity index (PCI) are Tools, hand; saws and blades for saws of all kinds (including slitting,... (1.68), Aluminium; containers for compressed or liquefied gas (0.98), Breathing appliances and gas masks; excluding protective masks having neither mechanical parts... (0.36), Yachts and other vessels; for pleasure or sports, rowing boats and canoes (0.29), and Nickel; waste and scrap (-0.18). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for New Caledonia according to the relatedness index, were Coal Briquettes (0.027), Crude Petroleum (0.027), Chromium Ore (0.026), Uranium and Thorium Ore (0.026), and Gold (0.026). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that New Caledonia is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of New Caledonia. These are products that tend to be co-exported with the products that New Caledonia exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

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