2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC 
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186

About

Iceland-New Caledonia Trade: In 2019, Iceland exported $65.2k to New Caledonia. The main products that Iceland exported to New Caledonia were N/A. Over the past 8 years the exports of Iceland to New Caledonia have decreased at an annualized rate of 13.9%, from $215k in 2011 to $65.2k in 2019.

In 2019, Iceland did not export any services to New Caledonia.

New Caledonia-Iceland Trade: In 2019, New Caledonia exported $68 to Iceland. The main products that New Caledonia exported to Iceland were N/A. Over the past 8 years the exports of New Caledonia to Iceland have decreased at an annualized rate of 33.7%,  from $529 in 2011 to $68 in 2019.

In 2019, New Caledonia did not export any services to Iceland.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B). That same year, New Caledonia ranked 138 in total exports ($2.87B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Iceland exported $65.2k to New Caledonia. There were not main exports from Iceland to New Caledonia in 2019. During the last 8 years the exports of Iceland to New Caledonia have decreased at an annualized rate of 13.9%, from $215k in 2011 to $65.2k in 2019.

In 2016, New Caledonia exported $68 to Iceland. There were not main exports from New Caledonia to Iceland in 2016. During the last 5 years the exports of New Caledonia to Iceland have decreased at an annualized rate of 33.7%, from $529 in 2021 to $68 in 2016.

Exports from Iceland (Flag) to New Caledonia (Flag) (2021)

Exports from New Caledonia (Flag) to Iceland (Flag) (2021)

Latest Data

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

Iceland Exports

Date

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
New Caledonia
Top Destination
China$1.79B

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

In 2022, countries that imported more from Iceland than New Caledonia included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

In 2022, countries that imported more from New Caledonia than Iceland included China ($1.79B), South Korea ($403M), and Japan ($334M).

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

Comparative Advantage Iceland - New Caledonia

Flow
Scale

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

During 2019, Iceland had a large net trade with New Caledonia in the exports of .

During 2016, New Caledonia had a large net trade with Iceland in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Iceland (Flag) and New Caledonia (Flag) (2021)

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