New Caledonia recorded a trade deficit of 3080 XPF Million in March of 2020.

Balance of Trade in New Caledonia averaged -8255.53 XPF Million from 1995 until 2020, reaching an all time high of 1151 XPF Million in December of 2019 and a record low of -29322 XPF Million in September of 2010. This page provides the latest reported value for - New Caledonia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Caledonia Balance of Trade - values, historical data and charts - was last updated on July of 2020.

Balance of Trade in New Caledonia is expected to be -8190.00 XPF Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in New Caledonia to stand at -8195.00 in 12 months time. In the long-term, the New Caledonia Balance of Trade is projected to trend around -8196.00 XPF Million in 2021, according to our econometric models.

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New Caledonia Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-3080.00 -9039.00 1151.00 -29322.00 1995 - 2020 XPF Million Monthly

New Caledonia Trade Last Previous Highest Lowest Unit
Balance of Trade -3080.00 -9039.00 1151.00 -29322.00 XPF Million [+]
Current Account -38.50 -39.30 26.96 -179.60 Billion XPF [+]
Imports 18706.00 23818.00 41431.00 5796.00 XPF Million [+]
Exports 15626.00 14780.00 26672.00 1861.00 XPF Million [+]
Tourist Arrivals 12399.00 8302.00 13899.00 5092.00 [+]


New Caledonia Balance of Trade
New Caledonia reports consistent trade deficits due to food imports. New Caledonia’s main exports are ferroalloys, nickel, iron, fuel, shellfish, scrap metal and fish. New Caledonia’s main imports are fuel, vehicles, pharmaceutical products, coal, automatic data processing machines, turbojets, wine and tires. New Caledonia’s main trading partners are France, Singapore, Australia, Japan, China, South Korea and Spain.