International Merchandise and Trade
International trade is the exchange of capital, goods, and services across international borders or territories. In most countries, such trade represents a significant share of gross domestic product (GDP).
Niue has a scarce natural resource-base for production of goods and/or services to replace some of the imports nor/and to maximize the production of goods for exports. Compounded by its geographic remoteness, Niue is very dependable on its trading partners for the provision of goods and/or services. Niue import 4 times more than it exports
Table
IMTS 2015, 2016, 2017, and 2018
| | | | |
|---|
| IMTS (NZ$000) | 2015 | 2016 | 2017 | 2018 |
| Total imports | 18,267 | 19,254.9 | 21,336.1 | 25,820.9 |
| Total exports | 1,643.9 | 1,791.2 | 2,158 | 2,583.1 |
| Blance of trade | -16,623.1 | -17,463.7 | -19,177 | -23,237.9 |
Latest Updates
Feb 15th, 2019 | International Merchandise and Trade
International merchandise trade plays a crucial role in economic development, binding producers and consumers located in different countries into a global economic system. The availability of timely, high quality international trade statistics is therefore vital for...
Feb 9th, 2018 | International Merchandise and Trade
International merchandise trade plays a crucial role in economic development, binding producers and consumers located in different countries into a global economic system. The availability of timely, high quality international trade statistics is therefore vital for...
Jan 19th, 2017 | Economic, International Merchandise and Trade
International merchandise trade plays a crucial role in economic development, binding producers and consumers located in different countries into a global economic system. The availability of timely, high quality international trade statistics is therefore vital for...
Mar 1st, 2016 | Economic, International Merchandise and Trade
International merchandise trade plays a crucial role in economic development, binding producers and consumers located in different countries into a global economic system. The availability of timely, high quality international trade statistics is therefore vital for...
