2023
Flag  
GDP
$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH
23%CURRENT US$
Rnk 132 / 195
2023
Flag
GDP PC 
$54,701CURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP PC GROWTH
16.5%CURRENT US$
Rnk 113 / 195

About

Belgium-New Caledonia Trade: In 2023, Belgium exported $22.3M to New Caledonia. The main products that Belgium exported to New Caledonia were Other Prepared Meat ($5M), Delivery Trucks ($3.75M), and Other Frozen Vegetables ($1.62M). Over the past 5 years the exports of Belgium to New Caledonia have increased at an annualized rate of 6.64%, from $16.2M in 2018 to $22.3M in 2023.

In 2023, Belgium did not export any services to New Caledonia.

New Caledonia-Belgium Trade: In 2023, New Caledonia exported $412k to Belgium. The main products that New Caledonia exported to Belgium were Computers ($66.6k), Electrical Transformers ($50.8k), and Other Measuring Instruments ($39.2k). Over the past 5 years the exports of New Caledonia to Belgium have decreased at an annualized rate of 63.1%,  from $60.1M in 2018 to $412k in 2023.

In 2023, New Caledonia did not export any services to Belgium.

Comparison In 2023,  Belgium ranked 20 in the Economic Complexity Index (ECI 1.23),  and 13 in total exports ($437B). That same year, New Caledonia ranked 144 in total exports ($2.05B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $22.3M to New Caledonia. The main products exported from Belgium to New Caledonia were Other Prepared Meat ($5M), Delivery Trucks ($3.75M), and Other Frozen Vegetables ($1.62M). During the last 5 years the exports of Belgium to New Caledonia have increased at an annualized rate of 6.64%, from $16.2M in 2018 to $22.3M in 2023.

In 2018, New Caledonia exported $412k to Belgium. The main products exported from New Caledonia to Belgium were Computers ($66.6k), Electrical Transformers ($50.8k), and Other Measuring Instruments ($39.2k). During the last 5 years the exports of New Caledonia to Belgium have decreased at an annualized rate of 63.1%, from $60.1M in 2023 to $412k in 2018.

Exports from Belgium (Flag) to New Caledonia (Flag) (2023)

Exports from New Caledonia (Flag) to Belgium (Flag) (2023)

Market Competitiveness

Color
Belgium
Top Destination
France$85.6B
New Caledonia
Top Destination
China$1.53B

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

In 2023, countries that imported more from Belgium than New Caledonia included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, no countries were registered that imported more from New Caledonia than from Belgium.

Difference in imports from New Caledonia (Flag) and Belgium (Flag) (2023)

Comparative Advantage Belgium - New Caledonia

Flow
Scale

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

During 2023, Belgium had a large net trade with New Caledonia in the exports of Foodstuffs ($7.45M), Transportation ($5.18M), and Machines ($3.53M).

During 2018, New Caledonia had a large net trade with Belgium in the exports of Machines ($255k), Instruments ($75.9k), and Footwear and Headwear ($27.6k).

Economic Complexity

Competitive Landscape

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

Product Space of Belgium (Flag) and New Caledonia (Flag) (2023)

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