2023
Flag  
GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC 
$33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 195

About

Spain-New Caledonia Trade: In 2023, Spain exported $31.2M to New Caledonia. The main products that Spain exported to New Caledonia were Rubber Tires ($2.91M), Cars ($2.71M), and Electrical Power Accessories ($1.58M). Over the past 5 years the exports of Spain to New Caledonia have increased at an annualized rate of 2.52%, from $27.5M in 2018 to $31.2M in 2023.

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

New Caledonia-Spain Trade: In 2023, New Caledonia exported $36M to Spain. The main products that New Caledonia exported to Spain were Ferroalloys ($36M), Cutting Blades ($2.64k), and Portable Lighting ($2.03k). Over the past 5 years the exports of New Caledonia to Spain have decreased at an annualized rate of 13.5%,  from $74.4M in 2018 to $36M in 2023.

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

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). 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, Spain exported $31.2M to New Caledonia. The main products exported from Spain to New Caledonia were Rubber Tires ($2.91M), Cars ($2.71M), and Electrical Power Accessories ($1.58M). During the last 5 years the exports of Spain to New Caledonia have increased at an annualized rate of 2.52%, from $27.5M in 2018 to $31.2M in 2023.

In 2018, New Caledonia exported $36M to Spain. The main products exported from New Caledonia to Spain were Ferroalloys ($36M), Cutting Blades ($2.64k), and Portable Lighting ($2.03k). During the last 5 years the exports of New Caledonia to Spain have decreased at an annualized rate of 13.5%, from $74.4M in 2023 to $36M in 2018.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$61.9B
New Caledonia
Top Destination
China$1.53B

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

In 2023, countries that imported more from Spain than New Caledonia included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

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

Comparative Advantage Spain - New Caledonia

Flow
Scale

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

During 2023, Spain had a large net trade with New Caledonia in the exports of Machines ($6.14M), Transportation ($5.03M), and Plastics and Rubbers ($4.58M).

During 2018, New Caledonia had a large net trade with Spain in the exports of Metals ($36M), Machines ($3.87k), and Foodstuffs ($2.18k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with