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2023
Product
Exports | Imports $5.77M | $17.8M220 of 226 |  223 of 226

About

Overview In 2023 Niue was the number 220 economy in the world in terms of total exports and the number 223 in total imports.

Exports The top exports of Niue are Abrasive Powder ($2.67M), Coin ($515k), Milling Stones ($466k), Collector's Items ($282k), and Vinyl Chloride Polymers ($251k), exporting mostly to United States ($3.09M), Germany ($460k), Canada ($290k), United Kingdom ($277k), and Guatemala ($253k).

Imports The top imports of Niue are Refined Petroleum ($3.9M), Office Machine Parts ($647k), Plastic Housewares ($617k), Cars ($556k), and Large Construction Vehicles ($533k), importing mostly from New Zealand ($15.4M), Fiji ($1M), United Arab Emirates ($303k), Slovakia ($250k), and Australia ($193k).

Latest Trends

Latest Trade

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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Niue.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

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Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2023)Abrasive Powder$2.67M
Top Destination (2023)United States$3.09M

In 2023, Niue exported a total of $5.77M, making it the number 220 exporter in the world. During the last five reported years the exports of Niue have changed by -$127M from $133M in 2018 to $5.77M in 2023.

The most recent exports are led by Abrasive Powder ($2.67M), Coin ($515k), Milling Stones ($466k), Collector's Items ($282k), and Vinyl Chloride Polymers ($251k). The most common destination for the exports of Niue are United States ($3.09M), Germany ($460k), Canada ($290k), United Kingdom ($277k), and Guatemala ($253k).

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Exports (2023)
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Destinations (2023)
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Market Growth

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Growth
Fastest Growing Export Markets (2022 - 2023)
United States$610k (+ 24.5%)
Germany$409k (+ 810%)
Guatemala$253k (+ 8.45M%)
Fastest Growing Import Markets (2022 - 2023)
New Zealand$2.8M (+ 22.1%)
Fiji$781k (+ 356%)
United Arab Emirates$288k (+ 1.92k%)

Total Export Growth by Market (2022 - 2023)

Potential Exports

Potential Exports

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Economic Complexity

Most Specialized Products by RCA Index

Niue has a high level of specialization in Coin (2.75k), Abrasive Powder (2.14k), Collector's Items (551), Milling Stones (338), and Scrap Vessels (337). Specialization is measured using RCA, an index that takes the ratio between Niue observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Niue according to the product complexity index (PCI) are Machinery and mechanical appliances; having individual functions, n.e.c. in this chapter (1.81), Tools, interchangeable; for hand tools, whether or not power-operated, or for machine... (1.74), Stainless steel bars and rods, hot-rolled, in irregularly wound coils (1.66), Silicones in primary forms (1.56), and Machine-tools; (including presses) for working metal by forging, hammering or die-stamping, for... (1.53). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Niue according to the relatedness index, were Tensile Testing Machines (0.062), Chemical Analysis Instruments (0.061), Oscilloscopes (0.059), Passenger and Cargo Ships (0.059), and Cermets (0.057). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Niue is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Niue. These are products that tend to be co-exported with the products that Niue exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2023)

Diversification Frontier

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Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Diversification Frontier

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