The New Caledonia is the 5th largest producer of nickel ore. Most of the trade depends on the commodity. The peridotite orebodies cover 1/3 of the surface of the Mainland, representing 30% of the world nickel resources, but only 18% of reserves. Only 2/3 of these mineralized zones have been conceded. Only half of the concession areas have been thoroughly researched, that is to say 1/3 of the mineralized zone.
EXPORT
The New Caledonia is the 5th largest producer of nickel ore. Most of the trade depends on the commodity. The peridotite orebodies cover 1/3 of the surface of the Mainland, representing 30% of the world nickel resources, but only 18% of reserves. Only 2/3 of these mineralized zones have been conceded. Only half of the concession areas have been thoroughly researched, that is to say 1/3 of the mineralized zone.
Besides the mining sector, the second export income sector is that of seafood, including Caledonian shrimp, increasingly sought mainly by Asian markets but also European.
IMPORT
In New Caledonia the rules of free movement of goods, services, people and capital do not apply in the same way as in the EU. There is a trade regulation controlling the import of certain products in order to promote the flow of locally manufactured products and to protect the local economy. There are also measures of specific tax exemptions for each business.
The New Caledonia is largely dependent on imports for food, consumption (including home appliances, Hi-Fi, TV) or transport (cars).
The main import partners are: France, European Union, Australia, Japan, USA, Singapore and New Zealand.