2022
Flag
 GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

New Caledonia-Colombia Trade: In 2022, New Caledonia exported $14k to Colombia. The main products that New Caledonia exported to Colombia were Percussion ($8.66k), Musical Instrument Parts ($2.96k), and Wind Instruments ($1.98k). Over the past 8 years the exports of New Caledonia to Colombia have decreased at an annualized rate of 7.21%, from $25.4k in 2014 to $14k in 2022.

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

Colombia-New Caledonia Trade: In 2022, Colombia exported $8.06M to New Caledonia. The main products that Colombia exported to New Caledonia were Coke ($8.02M) and Confectionery Sugar ($38.8k). Over the past 8 years the exports of Colombia to New Caledonia have increased at an annualized rate of 64.9%,  from $19.9k in 2014 to $8.06M in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Caledonia exported $14k to Colombia. The main products exported from New Caledonia to Colombia were Percussion ($8.66k), Musical Instrument Parts ($2.96k), and Wind Instruments ($1.98k). During the last 8 years the exports of New Caledonia to Colombia have decreased at an annualized rate of 7.21%, from $25.4k in 2014 to $14k in 2022.

In 2017, Colombia exported $8.06M to New Caledonia. The main products exported from Colombia to New Caledonia were Coke ($8.02M) and Confectionery Sugar ($38.8k). During the last 5 years the exports of Colombia to New Caledonia have increased at an annualized rate of 64.9%, from $19.9k in 2022 to $8.06M in 2017.

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

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

Latest Data

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

Colombia Exports

Market Competitiveness

Color
New Caledonia
Top Destination
China$1.79B
Colombia
Top Destination
United States$15.6B

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

In 2022, countries that imported more from New Caledonia than Colombia included French Polynesia ($2.37M), Fiji ($511k), and Lesotho ($58.5k).

In 2022, countries that imported more from Colombia than New Caledonia included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage New Caledonia - Colombia

Flow
Scale

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

During 2022, New Caledonia had a large net trade with Colombia in the exports of Instruments ($13.6k), Machines ($284), and Metals ($56).

During 2017, Colombia had a large net trade with New Caledonia in the exports of Mineral Products ($8.02M) and Foodstuffs ($38.8k).

Economic Complexity

Competitive Landscape

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

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

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