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

New Caledonia-Italy In 2022, New Caledonia exported $232k to Italy. The main products that New Caledonia exported to Italy are Coral and Shells ($68k), Ball Bearings ($45.5k), and Non-fillet Frozen Fish ($38.6k). During the last 27 years the exports of New Caledonia to Italy have decreased at an annualized rate of 15.4%, from $20.9M in 1995 to $232k in 2022.

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

Italy-New Caledonia 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). During the last 27 years the exports of Italy to New Caledonia have increased at an annualized rate of 3.6%, from $17.8M in 1995 to $46.2M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 27 years the exports of New Caledonia to Italy have decreased at an annualized rate of 15.4%, from $20.9M in 1995 to $232k in 2022.

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 27 years the exports of Italy to New Caledonia have increased at an annualized rate of 3.6%, from $17.8M in 1995 to $46.2M in 2022.

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

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

Latest Data

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

New Caledonia Exports

Date

Italy Exports

Market Competitiveness

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

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

In 2019, no countries were registered that imported more from New Caledonia than from Italy.

In 2021, countries that imported more from Italy than New Caledonia were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage New Caledonia - Italy

Flow
Scale

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

During 2022, New Caledonia had a large net trade with Italy in the exports of Animal Products ($107k), Machines ($106k), and Instruments ($9.16k).

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).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more New Caledonia has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over New Caledonia.

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

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