2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Italy-New Caledonia Trade: In 2022, Italy exported $46.2M to New Caledonia. The main products that Italy exported to New Caledonia were Delivery Trucks ($2.96M), Petroleum Coke ($2.56M), and Chocolate ($2.31M). Over the past 5 years the exports of Italy to New Caledonia have increased at an annualized rate of 4.04%, from $37.9M in 2017 to $46.2M in 2022.

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

New Caledonia-Italy Trade: In 2022, New Caledonia exported $232k to Italy. The main products that New Caledonia exported to Italy were Coral and Shells ($68k), Ball Bearings ($45.5k), and Non-fillet Frozen Fish ($38.6k). Over the past 5 years the exports of New Caledonia to Italy have decreased at an annualized rate of 52.3%,  from $9.37M in 2017 to $232k in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). 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, Italy exported $46.2M to New Caledonia. The main products exported from Italy to New Caledonia were Delivery Trucks ($2.96M), Petroleum Coke ($2.56M), and Chocolate ($2.31M). During the last 5 years the exports of Italy to New Caledonia have increased at an annualized rate of 4.04%, from $37.9M in 2017 to $46.2M in 2022.

In 2017, New Caledonia exported $232k to Italy. The main products exported from New Caledonia to Italy were Coral and Shells ($68k), Ball Bearings ($45.5k), and Non-fillet Frozen Fish ($38.6k). During the last 5 years the exports of New Caledonia to Italy have decreased at an annualized rate of 52.3%, from $9.37M in 2022 to $232k in 2017.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
New Caledonia
Top Destination
China$1.79B

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

In 2022, countries that imported more from Italy than New Caledonia included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, no countries were registered that imported more from New Caledonia than from Italy.

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

Comparative Advantage Italy - New Caledonia

Flow
Scale

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

During 2022, Italy had a large net trade with New Caledonia in the exports of Machines ($14.2M), Transportation ($8.25M), and Foodstuffs ($6.33M).

During 2017, New Caledonia had a large net trade with Italy in the exports of Animal Products ($107k), Machines ($106k), and Instruments ($9.16k).

Economic Complexity

Competitive Landscape

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

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

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