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2020
Flag → Flag
Exports $3.81kRnk 5 / 0
2020
Flag → Flag
Exports $279kRnk 2 / 45
2020
Flag → Flag
Top Product $279kSowing Seeds
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186

About

Belgium-Norfolk Island Trade: In 2020, Belgium exported $3.81k to Norfolk Island. The main products that Belgium exported to Norfolk Island were N/A. Over the past 5 years the exports of Belgium to Norfolk Island have decreased at an annualized rate of 30.7%, from $23.7k in 2015 to $3.81k in 2020.

In 2020, Belgium did not export any services to Norfolk Island.

Norfolk Island-Belgium Trade: In 2020, Norfolk Island exported $279k to Belgium. The main products that Norfolk Island exported to Belgium were Sowing Seeds ($279k). Over the past 5 years the exports of Norfolk Island to Belgium have decreased at an annualized rate of 0.1%,  from $281k in 2015 to $279k in 2020.

In 2020, Norfolk Island did not export any services to Belgium.

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25),  and 13 in total exports ($475B). That same year, Norfolk Island ranked 225 in total exports ($1.96M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Belgium exported €N/A and imported €N/A from Norfolk Island, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Belgium have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Belgium to Norfolk Island were . In N/A the top imports of Belgium from Norfolk Island were .

Growth In N/A, the N/A in Belgium's year-by-year exports to Norfolk Island was explained primarily by an decrease in product exports in . In N/A, the N/A in Belgium's year-by-year imports  from Norfolk Island was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Norfolk Island and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Norfolk Island and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Belgium exported $3.81k to Norfolk Island. There were not main exports from Belgium to Norfolk Island in 2020. During the last 5 years the exports of Belgium to Norfolk Island have decreased at an annualized rate of 30.7%, from $23.7k in 2015 to $3.81k in 2020.

In 2017, Norfolk Island exported $279k to Belgium. The main products exported from Norfolk Island to Belgium were Sowing Seeds ($279k). During the last 5 years the exports of Norfolk Island to Belgium have decreased at an annualized rate of 0.1%, from $281k in 2022 to $279k in 2017.

Exports from Belgium (Flag) to Norfolk Island (Flag) (2022)

Exports from Norfolk Island (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Norfolk Island
Top DestinationIndia$316k

This map shows whether countries import more from Belgium or Norfolk Island. Each country is colored based on the difference in imports they receive from Belgium and Norfolk Island or the difference in the growth in imports.

In 2022, countries that imported more from Belgium than Norfolk Island included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, no countries were registered that imported more from Norfolk Island than from Belgium.

Difference in imports from Norfolk Island (Flag) and Belgium (Flag) (2022)

Comparative Advantage Belgium - Norfolk Island

Flow
Scale

This chart compares trade between Belgium and Norfolk Island by product, considering products traded by both, Belgium and Norfolk Island.

During 2020, Belgium had a large net trade with Norfolk Island in the exports of .

During 2017, Norfolk Island had a large net trade with Belgium in the exports of Vegetable Products ($279k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Belgium and Norfolk Island. This means that a dot/product with the flag of Belgium indicates it has a comparative advantage over Norfolk Island. Similarly, a dot/product with the flag of Norfolk Island indicates it has a comparative advantage over Belgium.

Product Space of Belgium (Flag) and Norfolk Island (Flag) (2022)

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