2023
Flag
 GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC
$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

New Caledonia-Malaysia Trade: In 2023, New Caledonia exported $166k to Malaysia. The main products that New Caledonia exported to Malaysia were Coconut Oil ($120k), Recovered Paper Pulp ($45.6k), and Integrated Circuits ($115). Over the past 5 years the exports of New Caledonia to Malaysia have increased at an annualized rate of 16.2%, from $78.6k in 2018 to $166k in 2023.

In 2023, New Caledonia did not export any services to Malaysia.

Malaysia-New Caledonia Trade: In 2023, Malaysia exported $87.5M to New Caledonia. The main products that Malaysia exported to New Caledonia were Refined Petroleum ($75.5M), Seed Oils ($1.96M), and Iron Structures ($1.11M). Over the past 5 years the exports of Malaysia to New Caledonia have increased at an annualized rate of 4.44%,  from $64.6M in 2018 to $87.5M in 2023.

In 2023, Malaysia did not export any services to New Caledonia.

Comparison In 2023,  New Caledonia ranked 144 in total exports ($2.05B), and does not have data regarding Economic Complexity Index. That same year, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, New Caledonia exported $166k to Malaysia. The main products exported from New Caledonia to Malaysia were Coconut Oil ($120k), Recovered Paper Pulp ($45.6k), and Integrated Circuits ($115). During the last 5 years the exports of New Caledonia to Malaysia have increased at an annualized rate of 16.2%, from $78.6k in 2018 to $166k in 2023.

In 2018, Malaysia exported $87.5M to New Caledonia. The main products exported from Malaysia to New Caledonia were Refined Petroleum ($75.5M), Seed Oils ($1.96M), and Iron Structures ($1.11M). During the last 5 years the exports of Malaysia to New Caledonia have increased at an annualized rate of 4.44%, from $64.6M in 2023 to $87.5M in 2018.

Exports from New Caledonia (Flag) to Malaysia (Flag) (2023)

Exports from Malaysia (Flag) to New Caledonia (Flag) (2023)

Latest Data

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

New Caledonia Exports

Date

Malaysia Exports

Market Competitiveness

Color
New Caledonia
Top Destination
China$1.53B
Malaysia
Top Destination
China$79.8B

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

In 2023, no countries were registered that imported more from New Caledonia than from Malaysia.

In 2023, countries that imported more from Malaysia than New Caledonia included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

Difference in imports from Malaysia (Flag) and New Caledonia (Flag) (2023)

Comparative Advantage New Caledonia - Malaysia

Flow
Scale

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

During 2023, New Caledonia had a large net trade with Malaysia in the exports of Animal and Vegetable Bi-Products ($120k), Paper Goods ($45.6k), and Machines ($115).

During 2018, Malaysia had a large net trade with New Caledonia in the exports of Mineral Products ($75.5M), Animal and Vegetable Bi-Products ($2.49M), and Foodstuffs ($2.31M).

Economic Complexity

Competitive Landscape

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

Product Space of New Caledonia (Flag) and Malaysia (Flag) (2023)

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