New Caledonia (NCL) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

2012

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Exports $11kRnk 78 / 0

2012

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Exports $9.45kRnk 101 / 0

2022

Economic Complexity (ECI) ECI -0.87Rnk 107 / 133

About

New Caledonia-Venezuela Trade: In 2012, New Caledonia exported $11k to Venezuela. The main products that New Caledonia exported to Venezuela were N/A. Over the past 7 years the exports of New Caledonia to Venezuela have decreased at an annualized rate of 17.7%, from $43.1k in 2005 to $11k in 2012.

In 2012, New Caledonia did not export any services to Venezuela.

Venezuela-New Caledonia Trade: In 2012, Venezuela exported $9.45k to New Caledonia. The main products that Venezuela exported to New Caledonia were N/A. Over the past 7 years the exports of Venezuela to New Caledonia have increased at an annualized rate of 29.8%, from $2.57k in 2005 to $9.45k in 2012.

In 2012, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Market Competitiveness

Color

Exports

Export Growth

Section

Year

New Caledonia
Top DestinationChina$1.79B

Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from New Caledonia than Venezuela included China ($1.79B), South Korea ($403M), and Japan ($334M).

In 2022, countries that imported more from Venezuela than New Caledonia included Turkey ($597M), Spain ($518M), and United States ($438M).

Difference in imports from Venezuela () and New Caledonia () (2022)

Economic Complexity

Competitive Landscape

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