2022
Flag
 GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186

About

New Caledonia-Turkey Trade: In 2022, New Caledonia exported $20k to Turkey. The main products that New Caledonia exported to Turkey were Essential Oils ($19.6k) and Iron Fasteners ($311). Over the past 5 years the exports of New Caledonia to Turkey have decreased at an annualized rate of 29%, from $111k in 2017 to $20k in 2022.

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

Turkey-New Caledonia Trade: In 2022, Turkey exported $12.2M to New Caledonia. The main products that Turkey exported to New Caledonia were Other Cast Iron Products ($4.05M), Cars ($1.98M), and Raw Iron Bars ($989k). Over the past 5 years the exports of Turkey to New Caledonia have increased at an annualized rate of 9.11%,  from $6.06M in 2017 to $12.2M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Caledonia exported $20k to Turkey. The main products exported from New Caledonia to Turkey were Essential Oils ($19.6k) and Iron Fasteners ($311). During the last 5 years the exports of New Caledonia to Turkey have decreased at an annualized rate of 29%, from $111k in 2017 to $20k in 2022.

In 2017, Turkey exported $12.2M to New Caledonia. The main products exported from Turkey to New Caledonia were Other Cast Iron Products ($4.05M), Cars ($1.98M), and Raw Iron Bars ($989k). During the last 5 years the exports of Turkey to New Caledonia have increased at an annualized rate of 9.11%, from $6.06M in 2022 to $12.2M in 2017.

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

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

Latest Data

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

Turkey Exports

Market Competitiveness

Color
New Caledonia
Top Destination
China$1.79B
Turkey
Top Destination
Germany$21.9B

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

In 2022, no countries were registered that imported more from New Caledonia than from Turkey.

In 2022, countries that imported more from Turkey than New Caledonia included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

Comparative Advantage New Caledonia - Turkey

Flow
Scale

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

During 2022, New Caledonia had a large net trade with Turkey in the exports of Chemical Products ($19.6k) and Metals ($311).

During 2017, Turkey had a large net trade with New Caledonia in the exports of Metals ($6.01M), Transportation ($3.09M), and Machines ($1.75M).

Economic Complexity

Competitive Landscape

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

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

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