2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

India-Norfolk Island Trade: In 2022, India exported $137k to Norfolk Island. The main products that India exported to Norfolk Island were Jewellery ($16.2k). Over the past 5 years the exports of India to Norfolk Island have decreased at an annualized rate of 9.37%, from $224k in 2017 to $137k in 2022.

In 2022, India did not export any services to Norfolk Island.

Norfolk Island-India Trade: In 2022, Norfolk Island exported $189k to India. The main products that Norfolk Island exported to India were Stone Working Machines ($116k), Industrial Food Preperation Machinery ($83.8k), and Polyacetals ($51.6k). Over the past 5 years the exports of Norfolk Island to India have increased at an annualized rate of 21.8%,  from $70.3k in 2017 to $189k in 2022.

In 2022, Norfolk Island did not export any services to India.

Comparison In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64),  and 15 in total exports ($468B). That same year, Norfolk Island ranked 225 in total exports ($1.96M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $137k to Norfolk Island. The main products exported from India to Norfolk Island were Jewellery ($16.2k). During the last 5 years the exports of India to Norfolk Island have decreased at an annualized rate of 9.37%, from $224k in 2017 to $137k in 2022.

In 2017, Norfolk Island exported $189k to India. The main products exported from Norfolk Island to India were Stone Working Machines ($116k), Industrial Food Preperation Machinery ($83.8k), and Polyacetals ($51.6k). During the last 18 years the exports of Norfolk Island to India have increased at an annualized rate of 21.8%, from $70.3k in 1999 to $189k in 2017.

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

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Norfolk Island
Top Destination
India$316k

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

In 2022, countries that imported more from India than Norfolk Island included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

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

Comparative Advantage India - Norfolk Island

Flow
Scale

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

During 2022, India had a large net trade with Norfolk Island in the exports of Precious Metals ($16.2k).

During 2017, Norfolk Island had a large net trade with India in the exports of Machines ($200k), Plastics and Rubbers ($51.6k), and Transportation ($41.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Norfolk Island+N/AN/A
Top Product Potential Norfolk Island India+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of India and Norfolk Island. This means that a dot/product with the flag of India 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 India.

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

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