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2023
Flag → Flag
Exports $87.5MRnk 98 / 221
2023
Flag → Flag
Top Product $75.5MRefined Petroleum
2023
Flag → Flag
Exports $166kRnk 23 / 98
2023
Flag → Flag
Top Product $120kCoconut Oil
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
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GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
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GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

Malaysia-New Caledonia Trade: In 2023, Malaysia exported $87.5M to New Caledonia. The main products that Malaysia exported to New Caledonia were Refined Petroleum ($75.5M), Seed Oils ($1.96M), and Iron Structures ($1.11M). Over the past 5 years the exports of Malaysia to New Caledonia have increased at an annualized rate of 6.27%, from $64.6M in 2018 to $87.5M in 2023.

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

New Caledonia-Malaysia Trade: In 2023, New Caledonia exported $166k to Malaysia. The main products that New Caledonia exported to Malaysia were Coconut Oil ($120k), Recovered Paper Pulp ($45.6k), and Integrated Circuits ($115). Over the past 5 years the exports of New Caledonia to Malaysia have increased at an annualized rate of 16.2%,  from $78.6k in 2018 to $166k in 2023.

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

Comparison In 2023,  Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04),  and 19 in total exports ($383B). That same year, New Caledonia ranked 144 in total exports ($2.05B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Malaysia exported MYR3.95M and imported MYR14.1M from New Caledonia, resulting in a negative trade balance of MYR10.2M. Between December 2023 and December 2024 the exports of Malaysia have increased by MYR828k (26.5%) from MYR3.12M to MYR3.95M, while imports increased by MYR14.1M (2.7M%) from MYR524 to MYR14.1M.

Trade In December 2024, the top exports of Malaysia to New Caledonia were Seed Oils (MYR705k), Baked Goods (MYR289k), Processed Fish (MYR275k), Rapeseed Oil (MYR210k), and Raw Sugar (MYR207k). In December 2024 the top imports of Malaysia from New Caledonia were .

Growth In December 2024, the increase in Malaysia's year-by-year exports to New Caledonia was explained primarily by an increase in product exports in Raw Sugar (MYR99.7k or 93.1%), Seed Oils (MYR46k or 6.98%), and Rubber Tires (MYR34.8k or 41.3%). In October 2024, the increase in Malaysia's year-by-year imports  from New Caledonia was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)MYR828k(26.5%)
IMPORT GROWTH (October 2023 - October 2024)MYR14.1M(2.7M%)

This section shows exports and imports data at subnational level for Malaysia. Click any date in the line plot or any product to explore the exports or imports behavior of Malaysia over time.

To check New Caledonia and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore New Caledonia and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $87.5M to New Caledonia. The main products exported from Malaysia to New Caledonia were Refined Petroleum ($75.5M), Seed Oils ($1.96M), and Iron Structures ($1.11M). During the last 5 years the exports of Malaysia to New Caledonia have increased at an annualized rate of 6.27%, from $64.6M in 2018 to $87.5M in 2023.

In 2018, New Caledonia exported $166k to Malaysia. The main products exported from New Caledonia to Malaysia were Coconut Oil ($120k), Recovered Paper Pulp ($45.6k), and Integrated Circuits ($115). During the last 5 years the exports of New Caledonia to Malaysia have increased at an annualized rate of 16.2%, from $78.6k in 2023 to $166k in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
New Caledonia
Top DestinationChina$1.53B

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

In 2023, countries that imported more from Malaysia than New Caledonia included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

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

Comparative Advantage Malaysia - New Caledonia

Flow
Scale

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

During 2023, Malaysia had a large net trade with New Caledonia in the exports of Mineral Products ($75.5M), Animal and Vegetable Bi-Products ($2.49M), and Foodstuffs ($2.31M).

During 2018, New Caledonia had a large net trade with Malaysia in the exports of Animal and Vegetable Bi-Products ($120k), Paper Goods ($45.6k), and Machines ($115).

Economic Complexity

Competitive Landscape

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

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

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