2022
Flag
 GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
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GDP PC
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
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About

New Caledonia-Finland Trade: In 2022, New Caledonia exported $5.08k to Finland. The main products that New Caledonia exported to Finland were Other Engines ($4.54k), Medical Instruments ($380), and Air Pumps ($158). Over the past 5 years the exports of New Caledonia to Finland have increased at an annualized rate of 13.5%, from $2.7k in 2017 to $5.08k in 2022.

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

Finland-New Caledonia Trade: In 2022, Finland exported $1.71M to New Caledonia. The main products that Finland exported to New Caledonia were Pig Meat ($486k), Other Construction Vehicles ($379k), and Medical Instruments ($141k). Over the past 5 years the exports of Finland to New Caledonia have increased at an annualized rate of 0.45%,  from $1.65M in 2017 to $1.71M in 2022.

In 2022, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Caledonia exported $5.08k to Finland. The main products exported from New Caledonia to Finland were Other Engines ($4.54k), Medical Instruments ($380), and Air Pumps ($158). During the last 5 years the exports of New Caledonia to Finland have increased at an annualized rate of 13.5%, from $2.7k in 2017 to $5.08k in 2022.

In 2017, Finland exported $1.71M to New Caledonia. The main products exported from Finland to New Caledonia were Pig Meat ($486k), Other Construction Vehicles ($379k), and Medical Instruments ($141k). During the last 5 years the exports of Finland to New Caledonia have increased at an annualized rate of 0.45%, from $1.65M in 2022 to $1.71M in 2017.

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

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

Latest Data

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

New Caledonia Exports

Finland Exports

Market Competitiveness

Color
New Caledonia
Top Destination
China$1.79B
Finland
Top Destination
Germany$9.99B

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

In 2022, countries that imported more from New Caledonia than Finland included Fiji ($511k) and Lesotho ($58.5k).

In 2022, countries that imported more from Finland than New Caledonia included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

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

Comparative Advantage New Caledonia - Finland

Flow
Scale

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

During 2022, New Caledonia had a large net trade with Finland in the exports of Machines ($4.7k) and Instruments ($380).

During 2017, Finland had a large net trade with New Caledonia in the exports of Machines ($773k), Animal Products ($486k), and Instruments ($254k).

Economic Complexity

Competitive Landscape

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

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

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