2023
Flag  
GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC 
$55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195

About

Sweden-New Caledonia Trade: In 2023, Sweden exported $1.93M to New Caledonia. The main products that Sweden exported to New Caledonia were Pig Meat ($909k), Fork-Lifts ($181k), and Toilet Paper ($149k). Over the past 5 years the exports of Sweden to New Caledonia have increased at an annualized rate of 7.11%, from $1.37M in 2018 to $1.93M in 2023.

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

New Caledonia-Sweden Trade: In 2023, New Caledonia exported $121k to Sweden. The main products that New Caledonia exported to Sweden were Delivery Trucks ($80k), Trailers and semi-trailers, not mechanically propelled vehicles ($14.7k), and Wood Carpentry ($9.14k). Over the past 5 years the exports of New Caledonia to Sweden have decreased at an annualized rate of 51.7%,  from $4.6M in 2018 to $121k in 2023.

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

Comparison In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53),  and 32 in total exports ($188B). 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, Sweden exported $1.93M to New Caledonia. The main products exported from Sweden to New Caledonia were Pig Meat ($909k), Fork-Lifts ($181k), and Toilet Paper ($149k). During the last 5 years the exports of Sweden to New Caledonia have increased at an annualized rate of 7.11%, from $1.37M in 2018 to $1.93M in 2023.

In 2018, New Caledonia exported $121k to Sweden. The main products exported from New Caledonia to Sweden were Delivery Trucks ($80k), Trailers and semi-trailers, not mechanically propelled vehicles ($14.7k), and Wood Carpentry ($9.14k). During the last 5 years the exports of New Caledonia to Sweden have decreased at an annualized rate of 51.7%, from $4.6M in 2023 to $121k in 2018.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$18.4B
New Caledonia
Top Destination
China$1.53B

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

In 2023, countries that imported more from Sweden than New Caledonia included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

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

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

Comparative Advantage Sweden - New Caledonia

Flow
Scale

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

During 2023, Sweden had a large net trade with New Caledonia in the exports of Animal Products ($1M), Machines ($520k), and Foodstuffs ($153k).

During 2018, New Caledonia had a large net trade with Sweden in the exports of Transportation ($95.1k), Wood Products ($9.14k), and Machines ($5.09k).

Economic Complexity

Competitive Landscape

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

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

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