In 2019, Niue exported a total of $60.1M, making it the number 199 exporter in the world. During the last five reported years the exports of Niue have changed by $56.5M from $3.63M in 2014 to $60.1M in 2019.
The top export opportunities for Niue according to the relatedness index, are Oscilloscopes (0.018), Recreational Boats (0.018), Cutting Blades (0.018), Ink (0.018), and Prints (0.018). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Niue is not specialized in.
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 it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a 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 emissions.