2023
Flag  
GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC 
$84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195

About

Singapore-New Caledonia Trade: In 2023, Singapore exported $418M to New Caledonia. The main products that Singapore exported to New Caledonia were Refined Petroleum ($392M), Gas Turbines ($6.03M), and Aircraft parts (gliders, balloons, and powered aircraft) ($2M). Over the past 5 years the exports of Singapore to New Caledonia have increased at an annualized rate of 3.69%, from $349M in 2018 to $418M in 2023.

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

New Caledonia-Singapore Trade: In 2023, New Caledonia exported $480k to Singapore. The main products that New Caledonia exported to Singapore were Computers ($215k), Aircraft parts (gliders, balloons, and powered aircraft) ($63.7k), and Integrated Circuits ($47.8k). Over the past 5 years the exports of New Caledonia to Singapore have decreased at an annualized rate of 14%,  from $1.02M in 2018 to $480k in 2023.

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

Comparison In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62),  and 24 in total exports ($333B). 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, Singapore exported $418M to New Caledonia. The main products exported from Singapore to New Caledonia were Refined Petroleum ($392M), Gas Turbines ($6.03M), and Aircraft parts (gliders, balloons, and powered aircraft) ($2M). During the last 5 years the exports of Singapore to New Caledonia have increased at an annualized rate of 3.69%, from $349M in 2018 to $418M in 2023.

In 2018, New Caledonia exported $480k to Singapore. The main products exported from New Caledonia to Singapore were Computers ($215k), Aircraft parts (gliders, balloons, and powered aircraft) ($63.7k), and Integrated Circuits ($47.8k). During the last 5 years the exports of New Caledonia to Singapore have decreased at an annualized rate of 14%, from $1.02M in 2023 to $480k in 2018.

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

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

Latest Data

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

Singapore Exports

New Caledonia Exports

Date

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$44.5B
New Caledonia
Top Destination
China$1.53B

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

In 2023, countries that imported more from Singapore than New Caledonia included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

In 2023, no countries were registered that imported more from New Caledonia than from Singapore.

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

Comparative Advantage Singapore - New Caledonia

Flow
Scale

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

During 2023, Singapore had a large net trade with New Caledonia in the exports of Mineral Products ($392M), Machines ($15.1M), and Instruments ($2.47M).

During 2018, New Caledonia had a large net trade with Singapore in the exports of Machines ($303k), Transportation ($63.8k), and Vegetable Products ($33.4k).

Economic Complexity

Competitive Landscape

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

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

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