2022
Flag  
GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC 
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186

About

Nigeria-New Caledonia Trade: In 2015, 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 41.8%, from $9.56k in 2010 to $54.9k in 2015.

In 2015, Nigeria did not export any services to New Caledonia.

New Caledonia-Nigeria Trade: In 2015, New Caledonia exported $52.7k to Nigeria. The main products that New Caledonia exported to Nigeria were Video Displays ($52.6k) and Coated Flat-Rolled Iron ($104). Over the past 5 years the exports of New Caledonia to Nigeria have decreased at an annualized rate of 7.25%,  from $76.7k in 2010 to $52.7k in 2015.

In 2015, New Caledonia did not export any services to Nigeria.

Comparison In 2022,  Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67),  and 51 in total exports ($70.7B). That same year, New Caledonia ranked 138 in total exports ($2.87B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2015, Nigeria exported $54.9k to New Caledonia. There were not main exports from Nigeria to New Caledonia in 2015. During the last 5 years the exports of Nigeria to New Caledonia have increased at an annualized rate of 41.8%, from $9.56k in 2010 to $54.9k in 2015.

In 2017, New Caledonia exported $52.7k to Nigeria. The main products exported from New Caledonia to Nigeria were Video Displays ($52.6k) and Coated Flat-Rolled Iron ($104). During the last 5 years the exports of New Caledonia to Nigeria have decreased at an annualized rate of 7.25%, from $76.7k in 2022 to $52.7k in 2017.

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

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

Market Competitiveness

Color
Nigeria
Top Destination
Spain$9.41B
New Caledonia
Top Destination
China$1.79B

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

In 2022, countries that imported more from Nigeria than New Caledonia included Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2022, countries that imported more from New Caledonia than Nigeria included China ($1.79B), New Zealand ($3.41M), and French Polynesia ($2.37M).

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

Comparative Advantage Nigeria - New Caledonia

Flow
Scale

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

During 2015, Nigeria had a large net trade with New Caledonia in the exports of .

During 2017, New Caledonia had a large net trade with Nigeria in the exports of Machines ($52.6k) and Metals ($104).

Economic Complexity

Competitive Landscape

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

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

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