New Caledonia

New Caledonia ranked No. 169 in total trade value through July with a total of $42.88 million. Exports totaled $26.31 million and Imports totaled $16.56 million, a surplus of $9.75 million.

U.S. trade with New Caledonia rose to $42.88 million through July

New Caledonia’s trade with the United States rose to $42.88 million through the first seven months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 38.93 percent below its total trade during the same time period last year. U.S. exports to New Caledonia decreased 40.86 percent while U.S. imports from New Caledonia fell 35.59 percent. The U.S. surplus with New Caledonia was $9.75 million.

Through July, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Charleston; No. 2 Port of Savannah, Ga.; No. 3 Port of Long Beach; No. 4 Low-Valued Imports and Exports; and No. 5 Port of New York. During the same period the previous year, the top five were No. 1 Port of Charleston; No. 2 Port of Savannah, Ga.; No. 3 Low-Valued Imports and Exports; No. 4 Port of Long Beach and No. 5 Port of Baltimore, Md.. In the current time period, the top five accounted for 74.38 percent of New Caledonia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Charleston fell 38.15 percent to $14.94 million.
    Exports fell 81.47 percent to $190,720. Imports fell 36.22 percent to $14.75 million.
  • Trade with No. 2 Port of Savannah, Ga. fell 55.75 percent to $5.26 million.
    Exports fell 56.44 percent to $5.18 million. Imports totaled $81,713.
  • Trade with No. 3 Port of Long Beach fell 11.09 percent to $5.25 million.
    Exports fell 10.34 percent to $5.18 million. Imports fell 47.15 percent to $63,340.
  • Trade with No. 4 Low-Valued Imports and Exports fell 41.48 percent to $4.82 million.
    Exports fell 41.48 percent to $4.82 million. There were no imports.
  • Trade with No. 5 Port of New York rose 249.11 percent to $1.62 million.
    Exports rose 249.11 percent to $1.62 million. There were no imports.

New Caledonia ranked No. 169 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 164.

Meanwhile, total U.S. trade with the world increased to $2.08 trillion, down 49.83 percent compared to the same period last year. The nation’s exports dropped 51.38 percent to $799.82 billion; imports dropped 48.81 percent to $1.28 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $479.12 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to New Caledonia by value through July were the categories of Low value shipments; Chicken and other poultry; Taps, cocks and valves for pipes, tanks; Sulfur, not sublimed; and Commercial vehicles, respectively. They accounted for 58.3 percent of total exports to New Caledonia.

The value of the top five categories of U.S. imports from New Caledonia –– Ferroalloys 7202; Returned exports, without change; Shrimp, other crustaceans; Compressors and pumps; and Essential oil resins –– accounted for 96.27 percent of all inbound shipments.

Looking more closely at U.S. exports to New Caledonia:

  • Low value shipments fell 41.48 percent compared to last year to $4.82 million.
  • Chicken and other poultry fell 17.54 percent compared to last year to $3.69 million.
  • Taps, cocks and valves for pipes, tanks rose 2288.83 percent compared to last year to $2.43 million.
  • Sulfur, not sublimed fell 69.19 percent compared to last year to $2.37 million.
  • Commercial vehicles fell 77.03 percent compared to last year to $2.05 million.

Looking more closely at U.S. imports from New Caledonia:

  • Ferroalloys 7202 fell 36.29 percent compared to last year to $14.7 million.
  • Returned exports, without change fell 34.36 percent compared to last year to $663,529.
  • Shrimp, other crustaceans fell 5.49 percent compared to last year to $274,921.
  • Compressors and pumps totaled $217,784. The previous year, there were no imports in this category.
  • Essential oil resins rose 179.23 percent compared to last year to $93,266.

In the latest annual figures available, New Caledonia recorded $119.35 million in trade with the United States. Total U.S. exports to New Caledonia were $ 74.45 million and imports from New Caledonia were $44.9 million. The U.S. surplus with New Caledonia was $29.55 million.