2022
Flag
 GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186

About

New Caledonia-Belgium Trade: In 2022, New Caledonia exported $17.3M to Belgium. The main products that New Caledonia exported to Belgium were N/A. Over the past 5 years the exports of New Caledonia to Belgium have decreased at an annualized rate of 19.3%, from $50.4M in 2017 to $17.3M in 2022.

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

Belgium-New Caledonia Trade: In 2022, Belgium exported $19.9M to New Caledonia. The main products that Belgium exported to New Caledonia were Other Prepared Meat ($4.22M), Other Frozen Vegetables ($1.58M), and Seed Oils ($1.3M). Over the past 5 years the exports of Belgium to New Caledonia have increased at an annualized rate of 5.85%,  from $15M in 2017 to $19.9M in 2022.

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

Comparison In 2022,  New Caledonia ranked 138 in total exports ($2.87B), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Caledonia exported $17.3M to Belgium. There were not main exports from New Caledonia to Belgium in 2022. During the last 5 years the exports of New Caledonia to Belgium have decreased at an annualized rate of 19.3%, from $50.4M in 2017 to $17.3M in 2022.

In 2017, Belgium exported $19.9M to New Caledonia. The main products exported from Belgium to New Caledonia were Other Prepared Meat ($4.22M), Other Frozen Vegetables ($1.58M), and Seed Oils ($1.3M). During the last 5 years the exports of Belgium to New Caledonia have increased at an annualized rate of 5.85%, from $15M in 2022 to $19.9M in 2017.

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

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

Latest Data

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

New Caledonia Exports

Date

Belgium Exports

Market Competitiveness

Color
New Caledonia
Top Destination
China$1.79B
Belgium
Top Destination
Germany$91.9B

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

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

In 2022, countries that imported more from Belgium than New Caledonia included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage New Caledonia - Belgium

Flow
Scale

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

During 2022, New Caledonia had a large net trade with Belgium in the exports of Metals ($17M), Machines ($169k), and Foodstuffs ($136k).

During 2017, Belgium had a large net trade with New Caledonia in the exports of Foodstuffs ($7.08M), Machines ($3.4M), and Animal and Vegetable Bi-Products ($1.43M).

Economic Complexity

Competitive Landscape

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

Product Space of New Caledonia (Flag) and Belgium (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