2022
Flag  
GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC 
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

Malaysia-Norfolk Island Trade: In 2022, Malaysia exported $1.22M to Norfolk Island. The main products that Malaysia exported to Norfolk Island were Electrical Lighting and Signalling Equipment ($734k), Malt Extract ($173k), and Other Rubber Products ($134k). Over the past 5 years the exports of Malaysia to Norfolk Island have increased at an annualized rate of 28.6%, from $347k in 2017 to $1.22M in 2022.

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

Norfolk Island-Malaysia Trade: In 2022, Norfolk Island exported $261k to Malaysia. The main products that Norfolk Island exported to Malaysia were Copper Powder ($223k), Tanned Equine and Bovine Hides ($19k), and Raw Aluminium ($13.5k). Over the past 5 years the exports of Norfolk Island to Malaysia have increased at an annualized rate of 17.5%,  from $117k in 2017 to $261k in 2022.

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

Comparison In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09),  and 22 in total exports ($378B). 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, Malaysia exported $1.22M to Norfolk Island. The main products exported from Malaysia to Norfolk Island were Electrical Lighting and Signalling Equipment ($734k), Malt Extract ($173k), and Other Rubber Products ($134k). During the last 5 years the exports of Malaysia to Norfolk Island have increased at an annualized rate of 28.6%, from $347k in 2017 to $1.22M in 2022.

In 2017, Norfolk Island exported $261k to Malaysia. The main products exported from Norfolk Island to Malaysia were Copper Powder ($223k), Tanned Equine and Bovine Hides ($19k), and Raw Aluminium ($13.5k). During the last 5 years the exports of Norfolk Island to Malaysia have increased at an annualized rate of 17.5%, from $117k in 2022 to $261k in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
N/AN/A
Norfolk Island
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Malaysia - Norfolk Island

Flow
Scale

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

During 2022, Malaysia had a large net trade with Norfolk Island in the exports of Machines ($734k), Foodstuffs ($218k), and Plastics and Rubbers ($134k).

During 2017, Norfolk Island had a large net trade with Malaysia in the exports of Metals ($237k), Animal Hides ($19k), and Mineral Products ($4.87k).

Economic Complexity

Competitive Landscape

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

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

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