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Pricing

2022
Flag → Flag
Exports $62kRnk 29 / 95
2022
Flag → Flag
Top Product $52.2kInsulated Wire
2022
Flag → Flag
Exports $35.2kRnk 132 / 157
2022
Flag → Flag
Top Product $12.7kEssential Oils
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag
 GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186

About

New Caledonia-Madagascar Trade: In 2022, New Caledonia exported $62k to Madagascar. The main products that New Caledonia exported to Madagascar were Insulated Wire ($52.2k), Gravel and Crushed Stone ($5.43k), and Narrow Woven Fabric ($2.05k). Over the past 5 years the exports of New Caledonia to Madagascar have increased at an annualized rate of 56.9%, from $6.53k in 2017 to $62k in 2022.

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

Madagascar-New Caledonia Trade: In 2022, Madagascar exported $35.2k to New Caledonia. The main products that Madagascar exported to New Caledonia were Essential Oils ($12.7k), Other Women's Undergarments ($8.91k), and Non-Knit Men's Shirts ($7.79k). Over the past 5 years the exports of Madagascar to New Caledonia have increased at an annualized rate of 11.7%,  from $20.3k in 2017 to $35.2k in 2022.

In 2022, Madagascar 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, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Caledonia exported $62k to Madagascar. The main products exported from New Caledonia to Madagascar were Insulated Wire ($52.2k), Gravel and Crushed Stone ($5.43k), and Narrow Woven Fabric ($2.05k). During the last 5 years the exports of New Caledonia to Madagascar have increased at an annualized rate of 56.9%, from $6.53k in 2017 to $62k in 2022.

In 2017, Madagascar exported $35.2k to New Caledonia. The main products exported from Madagascar to New Caledonia were Essential Oils ($12.7k), Other Women's Undergarments ($8.91k), and Non-Knit Men's Shirts ($7.79k). During the last 5 years the exports of Madagascar to New Caledonia have increased at an annualized rate of 11.7%, from $20.3k in 2022 to $35.2k in 2017.

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

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

Latest Data

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

New Caledonia Exports

Madagascar Exports

Market Competitiveness

Color
New Caledonia
Top DestinationChina$1.79B
Madagascar
Top DestinationUnited States$756M

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

In 2022, countries that imported more from New Caledonia than Madagascar included China ($1.79B), South Korea ($403M), and Spain ($51.4M).

In 2022, countries that imported more from Madagascar than New Caledonia included United States ($756M), France ($634M), and Netherlands ($158M).

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

Comparative Advantage New Caledonia - Madagascar

Flow
Scale

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

During 2022, New Caledonia had a large net trade with Madagascar in the exports of Machines ($52.3k), Mineral Products ($5.43k), and Textiles ($2.52k).

During 2017, Madagascar had a large net trade with New Caledonia in the exports of Textiles ($22k), Chemical Products ($12.7k), and Wood Products ($412).

Economic Complexity

Competitive Landscape

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

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

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