2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186

About

Finland-New Caledonia Trade: In 2022, Finland exported $1.71M to New Caledonia. The main products that Finland exported to New Caledonia were Pig Meat ($486k), Other Construction Vehicles ($379k), and Medical Instruments ($141k). Over the past 5 years the exports of Finland to New Caledonia have increased at an annualized rate of 0.72%, from $1.65M in 2017 to $1.71M in 2022.

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

New Caledonia-Finland Trade: In 2022, New Caledonia exported $5.08k to Finland. The main products that New Caledonia exported to Finland were Other Engines ($4.54k), Medical Instruments ($380), and Air Pumps ($158). Over the past 5 years the exports of New Caledonia to Finland have increased at an annualized rate of 13.5%,  from $2.7k in 2017 to $5.08k in 2022.

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

Comparison In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41),  and 46 in total exports ($89.9B). 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, Finland exported $1.71M to New Caledonia. The main products exported from Finland to New Caledonia were Pig Meat ($486k), Other Construction Vehicles ($379k), and Medical Instruments ($141k). During the last 5 years the exports of Finland to New Caledonia have increased at an annualized rate of 0.72%, from $1.65M in 2017 to $1.71M in 2022.

In 2017, New Caledonia exported $5.08k to Finland. The main products exported from New Caledonia to Finland were Other Engines ($4.54k), Medical Instruments ($380), and Air Pumps ($158). During the last 5 years the exports of New Caledonia to Finland have increased at an annualized rate of 13.5%, from $2.7k in 2022 to $5.08k in 2017.

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

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

Latest Data

Trade between Finland (Flag) and New Caledonia (Flag)

Finland Exports

New Caledonia Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
New Caledonia
Top Destination
China$1.79B

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

In 2022, countries that imported more from Finland than New Caledonia included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

In 2022, countries that imported more from New Caledonia than Finland included Fiji ($511k) and Lesotho ($58.5k).

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

Comparative Advantage Finland - New Caledonia

Flow
Scale

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

During 2022, Finland had a large net trade with New Caledonia in the exports of Machines ($773k), Animal Products ($486k), and Instruments ($254k).

During 2017, New Caledonia had a large net trade with Finland in the exports of Machines ($4.7k) and Instruments ($380).

Economic Complexity

Competitive Landscape

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

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

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