2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC 
$87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195

About

Norway-New Caledonia Trade: In 2023, Norway exported $4.69M to New Caledonia. The main products that Norway exported to New Caledonia were Artificial Graphite ($4.62M), Excavation Machinery ($35.7k), and Weapons Parts and Accessories ($20.7k). Over the past 5 years the exports of Norway to New Caledonia have increased at an annualized rate of 17.5%, from $2.09M in 2018 to $4.69M in 2023.

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

New Caledonia-Norway In N/A, New Caledonia did not export any products to Norway.

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

Comparison In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47),  and 33 in total exports ($187B). That same year, New Caledonia ranked 144 in total exports ($2.05B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $4.69M to New Caledonia. The main products exported from Norway to New Caledonia were Artificial Graphite ($4.62M), Excavation Machinery ($35.7k), and Weapons Parts and Accessories ($20.7k). During the last 5 years the exports of Norway to New Caledonia have increased at an annualized rate of 17.5%, from $2.09M in 2018 to $4.69M in 2023.

New Caledonia does not register exports to Norway. The main products exported from New Caledonia to Norway were Trunks and Cases ($812), Knit Socks and Hosiery ($137), and Low-voltage Protection Equipment ($98).

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
New Caledonia
Top Destination
China$1.53B

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

In 2023, countries that imported more from Norway than New Caledonia included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from New Caledonia than Norway included Fiji ($2.18M).

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

Comparative Advantage Norway - New Caledonia

Flow
Scale

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

During 2023, Norway had a large net trade with New Caledonia in the exports of Chemical Products ($4.62M), Machines ($41k), and Weapons ($20.7k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Norway and New Caledonia. This means that a dot/product with the flag of Norway 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 Norway.

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

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