2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195

About

United Kingdom-Niue Trade: In 2023, United Kingdom exported $16.8k to Niue. The main products that United Kingdom exported to Niue were Liquid Dispersing Machines ($7.45k), Office Machine Parts ($6.22k), and Centrifuges ($3.13k). Over the past 5 years the exports of United Kingdom to Niue have decreased at an annualized rate of 67.9%, from $4.89M in 2018 to $16.8k in 2023.

In 2023, United Kingdom did not export any services to Niue.

Niue-United Kingdom Trade: In 2023, Niue exported $277k to United Kingdom. The main products that Niue exported to United Kingdom were Machinery Having Individual Functions ($81.9k), Prepared Rubber Accelerators ($41.6k), and Electrical Control Boards ($40.9k). Over the past 5 years the exports of Niue to United Kingdom have increased at an annualized rate of 40.5%,  from $50.5k in 2018 to $277k in 2023.

In 2023, Niue did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). That same year, Niue ranked 220 in total exports ($5.77M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $16.8k to Niue. The main products exported from United Kingdom to Niue were Liquid Dispersing Machines ($7.45k), Office Machine Parts ($6.22k), and Centrifuges ($3.13k). During the last 5 years the exports of United Kingdom to Niue have decreased at an annualized rate of 67.9%, from $4.89M in 2018 to $16.8k in 2023.

In 2018, Niue exported $277k to United Kingdom. The main products exported from Niue to United Kingdom were Machinery Having Individual Functions ($81.9k), Prepared Rubber Accelerators ($41.6k), and Electrical Control Boards ($40.9k). During the last 5 years the exports of Niue to United Kingdom have increased at an annualized rate of 40.5%, from $50.5k in 2023 to $277k in 2018.

Exports from United Kingdom (Flag) to Niue (Flag) (2023)

Exports from Niue (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Niue
Top Destination
United States$3.09M

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

In 2023, countries that imported more from United Kingdom than Niue included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, no countries were registered that imported more from Niue than from United Kingdom.

Difference in imports from Niue (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Niue

Flow
Scale

This chart compares trade between United Kingdom and Niue by product, considering products traded by both, United Kingdom and Niue.

During 2023, United Kingdom had a large net trade with Niue in the exports of Machines ($16.8k).

During 2018, Niue had a large net trade with United Kingdom in the exports of Machines ($153k), Chemical Products ($43.7k), and Precious Metals ($38.1k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Kingdom and Niue. This means that a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Niue. Similarly, a dot/product with the flag of Niue indicates it has a comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Niue (Flag) (2023)

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