New Caledonia

In 2012, the value of merchandise exports of New Caledonia decreased substantially by 22.0 percent to reach 1.3 bln US$, while its merchandise imports decreased substantially by 12.2 percent to reach 3.2 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively large deficit of 2.0 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Europe at -817.9 mln US$ (see graph 4). Merchandise exports in New Caledonia were diversified amongst partners; imports were also diversified. The top 7 partners accounted for 80 percent or more of exports and 10 partners accounted for 80 percent or more of imports (see graph 5). In 2011, the value of exports of services of New Caledonia increased slightly by 2.3 percent, reaching 497.7 mln US$, while its imports of services decreased slightly by 1.2 percent and reached 1.4 bln US$ (see graph 2). There was a large trade in services deficit of 876.0 mln US$.

Related Subject(s): International Trade and Finance

Countries: New Caledonia