2023
Flag
 GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC
$1,597CURRENT US$
Rnk 164 / 196
2013-2023
Flag
GDP PC GROWTH
-44.4%CURRENT US$
Rnk 192 / 195

About

New Caledonia-Nigeria Trade: In 2023, New Caledonia exported $9.07k to Nigeria. The main products that New Caledonia exported to Nigeria were Office Machine Parts ($6.06k), Microphones and Headphones ($2k), and Air Pumps ($1.01k). Over the past 5 years the exports of New Caledonia to Nigeria have decreased at an annualized rate of 39.1%, from $108k in 2018 to $9.07k in 2023.

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

Nigeria-New Caledonia Trade: In 2023, Nigeria exported $54.9k to New Caledonia. The main products that Nigeria exported to New Caledonia were N/A. Over the past 5 years the exports of Nigeria to New Caledonia have increased at an annualized rate of 6.49%,  from $10.7k in 2018 to $54.9k in 2023.

In 2023, Nigeria 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, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, New Caledonia exported $9.07k to Nigeria. The main products exported from New Caledonia to Nigeria were Office Machine Parts ($6.06k), Microphones and Headphones ($2k), and Air Pumps ($1.01k). During the last 5 years the exports of New Caledonia to Nigeria have decreased at an annualized rate of 39.1%, from $108k in 2018 to $9.07k in 2023.

In 2010, Nigeria exported $54.9k to New Caledonia. There were not main exports from Nigeria to New Caledonia in 2010. During the last 5 years the exports of Nigeria to New Caledonia have increased at an annualized rate of 6.49%, from $10.7k in 2015 to $54.9k in 2010.

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

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

Market Competitiveness

Color
New Caledonia
Top Destination
China$1.53B
Nigeria
Top Destination
United States$6.29B

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

In 2023, countries that imported more from New Caledonia than Nigeria included Slovenia ($6.89M), Fiji ($2.18M), and New Zealand ($768k).

In 2023, countries that imported more from Nigeria than New Caledonia included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

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

Comparative Advantage New Caledonia - Nigeria

Flow
Scale

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

During 2023, New Caledonia had a large net trade with Nigeria in the exports of Machines ($9.07k).

During 2010, Nigeria had a large net trade with New Caledonia in the exports of .

Economic Complexity

Competitive Landscape

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

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

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